If you know that you are what is called a "credit risk," you probably are feeling that as a derogatory connotation. That can be the motivating factor for you to explore the return to good credit.
It is actually possible for you to travel the "repair road" with yourself as the driver. However, when setting out on this trip, you will need a triptik to break down the milestones on the way.
First you need to find out what your actual "credit score" is because it is this 3 digit number that you will want to raise. A score over 700 is considered "good", but under 700 may be problematic. This knowledge is fundamental to the process.
Credit Bureaus will be the source of this information. There are 3 credit bureaus: Experian, TransUnion, and Equifax. One can get a free credit report from each every year. There is a fee for the credit score. See www.annualcreditreport.com for details.
Once you have the reports, you can compare them because they may be different. Businesses may report credit information to different credit bureaus.
After the comparison, examine each report for errors. Determine the nature of the error or errors and DISPUTE THE ERRORS. This will take some time but you are the one who has to fix it.
You will document any and all errors along with the reasons for the errors. You will send this written documentation with a copy of the credit report to each agency. Remember to keep copies of all documentation for your records.
This is essential information for you to have because there may be some unexpected surprises on those reports. Stay with the process, confront the issues. - 15224
It is actually possible for you to travel the "repair road" with yourself as the driver. However, when setting out on this trip, you will need a triptik to break down the milestones on the way.
First you need to find out what your actual "credit score" is because it is this 3 digit number that you will want to raise. A score over 700 is considered "good", but under 700 may be problematic. This knowledge is fundamental to the process.
Credit Bureaus will be the source of this information. There are 3 credit bureaus: Experian, TransUnion, and Equifax. One can get a free credit report from each every year. There is a fee for the credit score. See www.annualcreditreport.com for details.
Once you have the reports, you can compare them because they may be different. Businesses may report credit information to different credit bureaus.
After the comparison, examine each report for errors. Determine the nature of the error or errors and DISPUTE THE ERRORS. This will take some time but you are the one who has to fix it.
You will document any and all errors along with the reasons for the errors. You will send this written documentation with a copy of the credit report to each agency. Remember to keep copies of all documentation for your records.
This is essential information for you to have because there may be some unexpected surprises on those reports. Stay with the process, confront the issues. - 15224
About the Author:
With unprecedented problems in the credit markets it's more important than ever to have excellent credit. For more information check out Rob Kosbergs' Detailed FREE Guide on Maintaining and Repairing your Credit Score by going to Bad Credit Repair for your FREE information.
