Here’s a few simple credit repair tips to help you improve your credit history and credit
Credit Repair Tip #1
Reviewing your report at least every six months or more often will keep you
aware of changes that can hurt or help your credit rating and score.
Credit Repair Tip #2
balance and credit limit for each of your accounts. Sometimes creditors will drop your
credit limit based on changes to your report data, or even changes in the economy or bank
Credit Repair Tip #3
Identify which accounts have reported you as being 30, 60 or 90 days late,
or have entered other data that can damage your rating.
Those are in our opinion, the top 3 credit repair tips, keep reading below to see how we rounded off the top ten.
Credit Repair Tip #4
Identify accounts that have
been closed by you, that do not show as closed.Any account, including accounts which were
never reported as late that show “Account closed by credit grantor” are interpreted
as a negative account, as it implies thatthe account was closed for some undisclosed
Credit Repair Tip #5
Scrutinize all personal data,including common variations of your name.
A person named Robert Jones, might also beknown as Bobby Jones, Bob Jones. Look for
variations of names that are not common or familiar to you.
Credit Repair Tip #6
If it doesn’t help you,
it hurts you. Often people believe that ahigh credit score is achieved by having numerous
accounts with numerous creditors – which oftenis not true, keep it simple and keep it trimmed
to a few good accounts.
Credit Repair Tip #7
There is no such thing as a positive account with a collection
agency, nor a positive public record. Third party collection accounts, judgments, liens
and bankruptcies are always negative, regardless if paid off or not. Paying off these accounts
does not change them from negative to positive.
Credit Repair Tip #8
If you think you have no credit, or no
credit history, think again. Many people believe that if they never applied for a credit card orphone company, the landlord, the utility company,student loan companies and employers all review your credit history to determine if you are who you say you are, and if you pay your debts on time.
Credit Repair Tip #9
Most cases of identity theft are discovered when they get a bill for things
they did not purchase, or loans they neverapplied for. Identity thieves are mostly people
who know the victim, such as a parent, child,friend or co-worker.
Use Responsible behavior
and make responsible purchases. Live within your means. Purchase only what you know you
can repay within the shortest time possible.Just because you are approved for a $50,000
car and can afford the $500 per month payment doesn’t mean the car is affordable. Once you
are done reviewing your credit report, Write a letter to the bureaus or creditors telling
them what information is inaccurate. Explain why you are disputing the item and request
that it be corrected or removed.
For further information on credit repair and credit repair tips, you can visit the #1 source on credit repair by clicking here