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Credit seems to be the buzz-word regarding the economy these days. Credit is something that affects the biggest banks in the country as well individuals like me and you. And according to the government a credit crunch and banks unable to lend would be devastating to our economy. So the macro-economics (big picture) and the politics of credit is confusing, and even irrelevant for those of us who are struggling month to month.

It is hard to believe that an intangible concept determined by some group that does not even know your name can have such a huge impact on your life. In fact, it is quite creepy.

Chances are, if you are reading an article about credit restoration then you have bad credit that you need restored back to good. The most important part of restoring your credit is to understand what exactly your credit is and what things effect your credit. I put things and your credit in quotations because to me they seem to be ambiguous phrases that need to be clarified and explained in order to move forward to financial freedom.

You may be surprised to find out how your credit score in calculated. For example, your income is not part of the equation at all. The best part of your credit score is that it is calculated with a mathematical algorithm – which can be solved!

If you are able to think about your financial situation objectively and from a mathematical perspective then you can restore your credit. Knowing how your credit score is calculated is the only way to get leverage and restore your credit back to excellent.

Credit scores and credit reports are not the same thing. Check out my website to learn more about the differences.

Secondly, there are 5 factors that go into the algorithm that calculates your credit score. You will have to visit my website to learn more about these! These are they keys to finding debt relief and to restoring your credit.