Solid Strategies to Avoid Credit Card Smackdown (Part 2 of 2)

...Last week we talked about 4 of 7 strategies to help raise your credit scores with the credit cards tightening their grips every day. Here are three more strategies to keep your FICO scores high and minimize the abuse from creditors!

5. Go Small and Go Local - As consumers, we tend to focus on the largest 5-10 banks and tend to forget about the thousands of lenders who are NOT treating their customers poorly. Credit unions are a great example of these lenders. If you are sick of how you're being treated by your Manhattan bank then perhaps you need a local credit union or local bank on your side.

6. Don't Exit The System - The country if on fire with angry consumers who are claiming to have sworn off credit for the foreseeable future because of how they are being treated by their lenders. "From now on if I can't pay cash for it I won't buy it." Eh, that plays well on the big screen but it's not realistic. Carrying around cash to pay for things is a bad idea. And good luck using debit cards for things like business travel and European vacations. Stay in the system, please.

7. If All Else Fails, Litigate - If you're finding yourself saddled with a garbage credit report because of errors and you can't get the credit bureaus or lenders to correct your files then think about filing a lawsuit. You certainly wouldn't be alone. There will be over 8,500 credit related lawsuits filed this year. Collections agencies are the targets in most of them but certainly the credit bureaus and lenders are in the cross hairs a fair amount too. Just be sure to hire a lawyer who knows what he's doing.

So there you have it, seven solid strategies to hopefully minimize your chances of being treated poorly by your creditors. And while there are certainly no guarantees that you'll exit this credit environment without a few scars, you can certainly make yourself as immune as possible by doing a few easy and inexpensive things. Good luck!