Love and Credit

Love stories are about the best thing that’s ever happened to humanity. They make us feel warm and fuzzy, they make us believe in the power of love, and they even make us believe that if we’re just faithful enough, our own fairytale ending will come to pass.

But here’s the real reason we love love stories: they remind us of the time when we first fell in love.

When we had that first kiss, date, or first time holding hands under the table at dinner.

When we felt like there was a whole world of possibility out there, just waiting for us to discover it together.

In fact, it’s that same feeling you get when you achieve your goal of having good credit. ?

It’s fresh, exciting, and rewarding, and you just know there’s more in store for your new relationship.

Since there’s so much love in the air this Valentines Day, today’s blog is all about building your new relationship with your credit.

How To Build Relationships With Lenders

Like any relationship, trust is the cornerstone of its success. No relationship survives where there is no trust. The same applies to your credit. Lenders must deem you trustworthy if you want the stamp of approval on your credit card and loan applications. So, how do you build trust with lenders? With some simple steps.

1. Get to know them

Getting approved for a credit card or loan requires knowing how to qualify, which requires some important information to be gathered. Knowing more about the bank’s reputation, the products and services they provide, and approval requirements for those products and services will give you a great head start.

2. Be honest

When filling out your credit card and loan applications it’s crucial, to be honest. The applications are legally binding contracts and should be taken seriously. Always be honest about the information you put on them or risk being denied.

3. Have realistic expectations

Nothing worth having comes easy. This includes building excellent credit that’s racking in approvals left and right. 700 and 800 credit scores don’t appear overnight — especially if you have damaged credit. Getting the best credit cards and loans at the best rates means qualifying for them by having a good credit rating. Give yourself a minimum of 1-2 years to build excellent credit scores so you can get the credit you deserve.

4. Take responsibility

To build trust in a relationship, you should own up to your behavior, actions, and mistakes. Taking responsibility is a quality that builds sustainable trust over the long haul… ESPECIALLY with lenders.

5. Be patient

Building lasting relationships take time. But, it will only last if you do your part. Pay everything on time, don’t max out your credit cards, and don’t apply for new credit accounts too soon, mix it up with different types of credit, and keep those accounts open as long as you can. Credit card issuers and lenders will LOVE to approve you if you do.

Steps to Avoid Breaking Up

Breaking up is hard to do. We all know it. But, there are some things you can do to make sure breaking up isn’t an option.

1. Don’t abuse your accounts. Paying late, maxing out your credit, and being irresponsible is a sure way to get your credit accounts closed.
2. Deliver on your promises. You’ve entered a contract with your lender that clearly lays out your agreement with them. Make sure they’re paid on time every time and don’t breach your contract.
3. Impatience. Patience is what will get you through when you feel like giving up or when things get tough. It’s what makes it possible for you to keep going even when you’re about ready to stop. And it’s what will help you achieve your goals in life, no matter how big or small.

The Bottom Line

Building good credit is very similar to building a loving relationship you can feel good about. The good news if anyone can build good credit, and have a satisfying love relationship too if they follow some simple steps. The good news anyone can build good credit, get high credit limits, and get loans at the best rates. We can teach you how in Flyy Credit University. Join today to start getting the credit you deserve.