5 tips to clear your name this year
Do you want to get out of debt once and for all and clear your name? Then you're in the right place!
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Clearing one's name is one of the main goals of Brazilians. After all, in our country, unfortunately, there are millions of people in debt.
To some extent, it is normal to have debt. For most people, without debt, it is difficult to achieve dreams like buying a home or a new car.
The problem is when you lose control of your finances and can no longer pay your bills on time.
When this happens, debts start to increase. Consequently, worries and some problems, such as difficulty in obtaining credit, increase.
The good news is that it is possible to reverse this situation. If you want to know more about this subject, continue reading.
Why should you clear your name?
Financial setbacks can happen at any time.
However, it is important to remember that the debts bring several problems. Therefore, the sooner you can pay them off, the better for you.
We know that this isn't always easy. After all, everyone goes through financial difficulties at some point.
There are times when we simply get into trouble, spend too much or have to deal with a relatively high emergency expense.
And then problems begin that can affect your peace of mind and financial stability.
Among the main reasons for you to clear your name, we can mention:
• Positive history: By clearing your credit score and increasing your credit score, institutions can offer lower interest rates. In addition, it is also easier to get approved when applying for a credit card.
• Financial peace of mind: Debts disrupt sleep and can even disrupt relationships with family members.
• Productivity: Keeping your accounts up to date increases your well-being and motivation. Consequently, you can become a more productive and focused person at work.
How to clear your name?
You already know how important it is to clear your name.
Now, we're going to show you a step-by-step guide to help you pay off your debts and keep your name clean. Check it out:
1. Check your CPF
The first step is to figure out exactly what your debts are, the total amount, and which companies you owe money to.
To do this, you need to check your name with credit protection services, such as Serasa, SPC Brasil and Boa Vista SCPC.
With Serasa, simply register on the website or app (completely free). There, you will be able to check your financial debts, your credit score and the current status of your CPF with the Federal Revenue Service.
At SPC Brasil, you can also do a free consultation. There is also the possibility of doing a full consultation, but this is paid.
At Boa Vista SCPC, if you want to check your CPF, you just need to register with Consumidor Positivo.
2. Negotiate your debts
Did you know that there is the possibility of negotiating your debts?
If you want to clear your name, but believe you cannot pay your current debts, try negotiating your debts.
There are companies that negotiate debts online and can help you pay off your debts more quickly.
By the way, did you know that there is the possibility of using your FGTS to pay off your debts?
But before opting to use the FGTS to pay off debts, organize your budget.
If the interest on your debts is higher than the FGTS income, then this option becomes really advantageous for you.
Ideally, payment should be made in cash, so that you can get a good discount when making the transaction.
3. Make a financial plan
Financial planning shouldn't just be about paying off your debts.
In fact, even people who don't have debts, must carry out good planning so that it is possible to organize your financial life.
But to pay off your debts, you need to know very well what your income and expenses are.
This way, you will be able to cut unnecessary expenses and know exactly how much you can set aside each month to pay your debts.
And as we said, when your name is clear, continue with the habit of planning your financial life.
This way, you will find it easier to achieve financial goals in the short, medium and long term.
4. Fulfill the agreement
It is common to make an agreement with creditors, pay some installments and then get into trouble again.
To prevent this from happening, during the agreement, make it very clear during the negotiation how much you can pay per month (or in cash).
If you really want to clear your name, you will need to make payments. Therefore, do not accept any option just to try to resolve the problem as quickly as possible.
After paying the first part of the transaction, your name is removed from credit protection agencies.
However, if the agreement is not fulfilled, the restriction will return. Consequently, you will once again be bothered by your financial obligations.
Furthermore, if this happens, the next time you try to negotiate, it will be more difficult to make a deal that is actually advantageous to you.
Therefore, as soon as you decide to pay off your debts, know exactly how much you can pay off each month and try to eliminate all unnecessary expenses.
5. Check if the registration has been removed from the default lists
Companies have 5 business days to remove the names of customers who carried out the transaction.
To confirm that your name has been removed, check online or at service points.
For your security, please keep all payment receipts.
Conclusion
Now that you know how to clear your name, it will be easier to avoid new financial problems and better organize your budget.
Put our step-by-step guide into practice so that in 2022 you can have more financial peace of mind!
