Fixing your credit so that you get a better credit score can help you get better interest rates on loans and can even affect the rates you pay for insurance and deposits you have to pay on apartments and utilities. There are several things you can do to fix your credit.
Look for and fix errors
It's important to examine your credit report once a year to make sure everything is as it should be. While errors such as a wrong address need to be fixed, the ones that really hurt your credit score involve your accounts. An open account reported as closed or a current account reported as past due can lower your credit score, so if you find such errors, you should dispute them in writing right away. Keep on the credit bureau and the creditor to ensure the error is fixed in a timely fashion
Don't make the same mistakes
If you have made credit mistakes, such as allowing accounts to become delinquent or declaring bankruptcy, don't repeat those mistakes. Fix the problems and then manage your credit responsibly afterward. It takes time, but after a few years, your credit will improve. However, if you make those mistakes again, it will set you back.
Manage debt
The amount of debt you carry is a huge factor in your credit score. If you have a lot of debt, pay it down to a reasonable level. You should try to keep it to less than 30 percent of your available credit.
Visit us at Integrity Credit Solutions to read more how to fix my credit tips.
Look for and fix errors
It's important to examine your credit report once a year to make sure everything is as it should be. While errors such as a wrong address need to be fixed, the ones that really hurt your credit score involve your accounts. An open account reported as closed or a current account reported as past due can lower your credit score, so if you find such errors, you should dispute them in writing right away. Keep on the credit bureau and the creditor to ensure the error is fixed in a timely fashion
Don't make the same mistakes
If you have made credit mistakes, such as allowing accounts to become delinquent or declaring bankruptcy, don't repeat those mistakes. Fix the problems and then manage your credit responsibly afterward. It takes time, but after a few years, your credit will improve. However, if you make those mistakes again, it will set you back.
Manage debt
The amount of debt you carry is a huge factor in your credit score. If you have a lot of debt, pay it down to a reasonable level. You should try to keep it to less than 30 percent of your available credit.
Visit us at Integrity Credit Solutions to read more how to fix my credit tips.