5 Steps to Rebuilding Your Credit

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NEW YORK - December 28, 2022 - (Newswire.com)

iQuanti: Credit is an essential part of our financial livelihood. Everyone deserves access to credit options, as it impacts our ability to get approved for things like a mortgage or personal loan. So, how can you begin rebuilding your credit if you have a low credit score?

It takes time and effort but improving your credit rating and getting back on track with your finances is possible. Here are some steps you can take to repair your credit.

Get a secured credit card

Getting a secured credit card is one of the best ways to rebuild your credit. This type of credit card requires you to put down a deposit, which becomes your credit limit. Since you're borrowing against your own money, lenders see this as less of a risk and are more likely to approve you for one of these cards. Remember to set yourself up for success by only depositing what you can afford to use and making your payments on time.

Become an authorized user on someone else's credit card

If you have a family member or friend with good credit, you may be able to become an authorized user on their credit card. You'll be able to use their credit card, and their payment history will appear on your credit report, which can boost your credit score. However, if you lapse these payments, your family member or friend will have to pay back these debts for you.

Get a personal loan from a lender that reports to the credit bureaus

Personal loans can help you rebuild your credit. By making timely payments on a personal loan, you show lenders that you're a responsible borrower and improve your chances of getting approved for future loans. A lender reporting your account activity to nationwide credit bureaus can help you establish and rebuild your credit history.

Pay off your debts

One of the best ways to improve your credit score is to pay off your debts. If you have outstanding debts on your credit cards or other loans, start working on paying them off as soon as possible. The sooner you can get them paid off, the better it will be for your credit score.

Keep your credit utilization low

Your credit utilization ratio is the amount of credit you use compared to your credit limit. Keeping your credit utilization ratio low is vital to your credit score's well-being. Doing so means not maxing out credit limits, paying off debts on time, and managing different types of credit simultaneously. By doing so, lenders will consider you a responsible lender, which should reflect positively on your credit score in the future.


Contact Information:
Keyonda Goosby
Public Relations Specialist
keyonda.goosby@iquanti.com
(201) 633-2125

Carolina Darbelles
Senior Public Relations Specialist
carolina.darbellesv@iquanti.com
(201) 633-2125


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Original Source: 5 Steps to Rebuilding Your Credit

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Top Skateboarders Converge on Sharjah UAE for World Championships

California Skateparks-designed Aljada Skatepark hosts world's best on their road to Paris.

Top Skateboarders Converge on Sharjah UAE for World Championships
Aljada Skatepark

Designed and built by California Skateparks, Aljada Skatepark is hosting the World Skate 2022 World Championships, January 29 - February 12, 2023.

The world's best skateboarders are performing their newest tricks this week at the massive Aljada Skatepark in Sharjah, UAE. Designed and built by California Skateparks, Aljada is hosting the World Skate 2022 World Championships for both Street and Park disciplines. After the new Champions are named next week, Aljada will remain as a permanent skatepark serving local youth.

"The facility is unique and has beginner, intermediate, and elite competition-level Street and Park courses and covers almost 90,000 square feet (8,360 square meters)," said California Skateparks VP Bill Minadeo. "This is an amazing opportunity for local youth to interact with the world's best skaters and host incredible events, like the World Championships."

The World Skate 2022 World Championships is a key qualifying event for the Paris 2024 Olympics. While the Street skaters have already competed in one qualifier in Rome last Summer, Sharjah will be the first chance for the Park skaters to earn important points to qualify for Paris.

This weekend the Street skaters have their chance to earn the World title, with the Finals in the Men's and Women's competition taking place. The Street course at Aljada features a mirrored core section, with identical elements such as stairs and rails providing equal opportunity for both goofy- and regular-stance skaters to perform. The outer perimeter of the course includes more free-form features, allowing skaters to explore opportunities for unique tricks and combinations.

Next week, the Park competitors have their turn and attention will shift to the massive bowl, which differs from recent competition bowl designs. The traditional single deep end is replaced by two nearly 10-foot (3-meter) deep ends on opposite sides of the bowl. To take full advantage of that, a long, sloping channel flows into the bowl from the deck, allowing skaters to begin their routines with maximum speed. The volcano flyover feature included in the Olympic Park course has been replaced by a hip/transfer section extending into the bowl from the side, instead of being the bowl's centerpiece.

Both the street course and competition bowl are the result of the California Skateparks design team's nearly two-decades experience creating elite competition courses. In consultation with many athletes competing in Sharjah, the designers modified traditional contest elements and complemented them with new features that match the skaters' growing level of competitiveness and evolving style of tricks. From early practice footage seen from Sharjah, evidence suggests that the California Skateparks design team got it right, including social-media posts showing how much fun visiting pros are having at Aljada. Which is great news for Sharjah's local skaters.

For more information about the World Skate 2022 World Championships, visit www.worldskate.org/skateboarding.

To learn more about California Skateparks, visit www.californiaskateparks.com or contact Bill Minadeo: bill@caskateparks.com

Contact Information:
Bill Minadeo
Vice President
bill@caskateparks.com


Original Source: Top Skateboarders Converge on Sharjah UAE for World Championships
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