Applying for a credit should start requesting to Equifax or to some other credit company specialized in free credit reports a copy of your own.
If your credit score is good, plan your budget ahead on time to determine if you can afford pay off a new debt.
Remember that failing with repayments can damage your credit rating and this will be reflect whenever a credit company or lender checks your solvency and credit scores.
However, there is a number of reason contributing with changes in your financial situation, whether those factors improve your finances or contribute to deteriorate them.
A sudden raise in your salary is not only good for your finances but an encouragement to your personal development, but a change in career or losing your job can impact your credit report negatively and make unsuitable apply for a new loan or credit.
As in example, if you are a homeowner you could take advantage of interest rates dropping, but you need to evaluate your real financial situation before refinancing as a way to cope with a job loss.
In this case remember that refinancing involves paying closing costs that often include several fees such as application, origination, and appraisal fees, plus other associated costs that should not exceed the expected saving from refinancing, as it should not exceed the time you are expecting to retain the property to reimburse such fees.
In the opposite situation, if your finances benefit from a salary raise or any other money incrementing your available funds, paying off your debt earlier will reflect in the free credit scores that most lenders request to approve or reject a credit application.
In times of need it is impossible an early repayment and often pretty hard keep the monthly payments up to date, but you need to make the best effort to avoid missing a monthly payment that impacts negatively your credit report.
Being realistic consider the need of refinancing your debts.
Refinance is a way to stretch repayment beyond the original term of time.
This extended time often involves paying more money in interests than the originally expected, but is the only way to lower monthly payments to keep them up and timely.
Refinancing your credit cards is best known as debt consolidation and some companies can handle the consolidation of all your debt into a large loan, including any existing personal loan, car loan, home mortgage and the credit cards.
Finding such companies is not that hard using a search engine, or even easier.
The mission of most online websites is providing you with the information you need for put the credit in your favor and resolve opportunely any financial change dealing with your good credit score.