subject: Credit Repair Advice - Receive A Higher Credit Score By Following These Easy Steps [print this page] If your application for credit or loans is turned down or you are asked to pay a higher interest rate, then this may be because of your lower credit score. Don't get disappointed. Follow the Credit Repair Advice which is very easy and straight forward. The factors which can reduce your score are bankruptcy, usage of most of your credit limit, seizure of your account, etc.
It is very import to have a good credit score. The better your score, the more chances you have to get loans, etc. from the financial institutions and for a lower interest rate.
Credit repair advice has the following steps which you need to follow:
1. You are entitled to have a free copy of your credit report once a year by law. Get all the reports from all the three credit giving agencies.
2. Go through your report and make a note of all the errors which you find. Your report should have the form for disputing errors. You can also write a letter or use the form which is in your credit report. Mention all your information such as DOB, SSN and address. Ask them to rectify the error. The concerned agency will send you the result in 30 days. Make sure that all the errors are corrected. If not mention the proof, so that you can make your point concrete.
3. If your credit report does not have errors, you can still ask for the verification of the details. It is the responsibility of the credit agency to provide this. If they fail to do so then the transactions should be removed from the report.
This credit repair advice will help you a lot to improve your credit rating. Even a small change will make lot of difference in your credit rating. Apart from these steps, always pay your bills on time. Assuming your credit limit is X amount then try to use only 0.3X amount from your limit. This will also help you to get a good credit rating. Don't close any of your open accounts unless it is very hard for you to manage them. Use them and pay on time.
Many find themselves wanting credit report repair for a credit score of 700+, but don"t know what is necessary to achieve this goal. Disputing negative items on your credit report can be the first step to boosting your score. Negative items on a credit report must be validated, and those that aren"t must be removed. The end result is a credit report repair for the consumer. For more information on legal and efficient ways to repair credit, visit the following link:
