Yes, that is a picture of a soundboard.. and from what I read and hear, fine tuning your credit score is about like mastering a sound board.. BUTTONS and SWITCHES everywhere!

Just about anything I've read in the mainstream press tells you that in order to have a "great" credit score YOU MUST HAVE LOTS OF CREDIT.. I actually read an article in USA Today (1/8/11) that was broadcasting that mush.. It literally said you had to "open several new credit accounts" to improve your score! Folks, that is just plain nuts.

Sorry, but I am living proof that doing the opposite works. In 2004 we got "gazelle intense" about living on a budget and paying off debt. We got really weird.. Fast forward to Jan 2011..

Today, we have paid everything off but our home - CLOSED every credit account we ever had (and we had lots) - pay with cash (debit card) and use the envelope system.. and have a few months expenses in the bank.. and our credit scores are now over 800. Not bragging - just saying you can't believe EVERYTHING you read.

We suggest a good dose of "Dave Ramsey's - Total Money Makeover" book. God used that man and book to corrupt our material side and it has been such a blessing. We still buy plenty of "stuff" .. but now we budget for it and plan ahead..real rocket science.

I suggest you get a copy of your credit report for FREE at www.annualcreditreport.com and find out what to pay off first. In just about every state you are allowed to obtain a free report by law EACH year. IF you find errors - FIX THEM. If you find bills you haven't paid - PAY THEM.

If you need help or are interested in my advice, don't hesitate to email me.

- Jay

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