Credit Repair Tips - You Need to Know These 3 Things Before You Make a Move

We all know that blemishes on one's credit report is the one thing that will put a halt to dreams and aspirations real fast. When this happens the best thing to do is go on offense. Don't sit back and just let this situation handle itself. Go on the offensive, take action, and take heed of these 3 crucial things to keep in mind when moving forward to correct this problem.

The first credit repair tip is for you to order your credit reports. Across the industry, this is almost unanimously agreed upon as the first step in your do-it-yourself arsenal. You'll need to know what you have to work on for the coming weeks and months to come. You'll need to know exactly what is adversely affecting your credit score, who's listing this information, and what their contact information is. Make sure to order all three credit reports as there may be differing information from one to the next. If your not familiar with the three major companies, you'll be dealing with TransUnion, Equifax, and Experian.

The second step you'll want to take is to take a fine tooth comb to these credit reports. What I'm trying to say here is that you'll likely find errors on the reports which display incorrect information. We as individuals and consumers have a responsibility to make sure that our own credit reports are displaying accurate information. There is very little to no verification process involved when these credit bureaus receive information regarding your accounts. Your creditor's words are somewhat treated as gold. This is where you'll come in providing balance to this unbalanced system they've got setup.

The third credit repair tip is to give credit where credit is due. If by chance you do have accounts that can be reported to the credit bureaus but for whatever reason aren't being reported, contact these companies and request that they be. You'll want to get credit for the on-time payments that your making on a monthly basis.

It's important to note that not all creditors will respond accordingly, but it's well worth the effort to make the request. If it has gotten to where your credit score and report are not allowing much in the way of approvals of additional credit cards and other cards that require credit, employ this process with your existing accounts and use these to help build up your credit rating. This will also decrease the amount of credit inquiries which can be adversely damaging to your score.


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