In America, you can't even walk down the street without
somebody wanting to check your credit. If you suffer from
bad credit, then you need to learn techniques to improve
your credit rating - and you need to learn them now! The
very happiness of your life can depend on it. Let's take a
look at some of the most effective ways to do it:
Tip 1: You absolutely have to stay on top of the
information game. It is your right to obtain a free credit
report once every year from each of three major credit
bureaus: TransUnion, Experian and Equifax. If you are
really smart about it, you will get one every four months
from each one by alternating. Go over these reports very
carefully and look for the following:
Any negative item. You see, every negative item on your
credit report can be disputed by you. If the agency cannot
verify the negative claim within 30 to 45 days - even if
it's true - it must be stricken from your report!
Outdated negative items. All negative items on your credit
report have a statute of limitations. After a given time
period, they are supposed to drop off automatically. So, if
you notice something that is 10 years old, you probably
want to request that it be removed.
Items that have been paid in full and do not state so.
Any other item that catches your attention!
Tip 2: Start paying your bills on time. Regardless of your
past credit history, it is never too late to start
improving your credit rating. Pay on time every time and
you will see positive changes begin to occur.
Tip 3: You have to keep your credit cards paid down or paid
completely off to improve your credit rating. Max them at
30% of the actual maximum and then pay them in full every
month. This is the second most important scoring variable
(after making timely payments) that contributes to your
credit score.
Tip 4: Break open your wallet and dig out some of those old
credit cards. Use them and pay them promptly and in full.
Long-standing credit accounts rate you higher than brand
new ones. Keep that positive payment information flowing
into the major credit reporting agencies to help to improve
your credit rating.
There are many more tips and tricks that you can utilize to
improve your credit rating quickly. These are the most
powerful though. Use these and be diligent. You will begin
to see dramatic improvements in your credit rating. Just
stick to the plan and keep repeating it. It is very
possible to improve your credit rating with a little effort
and patience. Soon, you'll be back at the top!
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Chane Steiner is a credit repair expert and founder of
AAACreditGuide.com - a site where you can learn how to deal
with collection agencies -
http://aaacreditguide.com/collection-agencies/ and how to
repair bad credit - http://aaacreditguide.com .
