Remove Inaccuracies To Make Your Credit Report Blemish-Free – Boost Your Score

Repair Your CreditToday’s lending industry is a credit-based one and blotches on your credit report can cost you dearly. If you’ve gone through the hassles of bankruptcy or a foreclosure and have trashed your credit score, you need not fret as there multiple ways to become creditworthy again. You just need to get started and also remember that it is not going to happen overnight. The credit score of the borrowers often affect the lending decisions as apartment rates, insurance premium rates and even employment decisions hinge on your credit rating. The better your score is, the better will be the rates that you’ll be offered on the loans. With the increasing importance of credit scores, the consumers are taking more notice and are opting for credit repair. If you too are desperately trying to know the ways in which you can repair your credit, read on.

  • Order copies of your credit report: The top 3 credit bureaus, Equifax, TransUnion and Experian are always ranking you in accordance with your credit score. The first job that you have to do is to order a free copy of your credit report from any of the three credit reporting agencies. It is likely that the different credit reporting agencies will speak differently about you and thus it is better to take out a credit report from all the three credit bureaus so that you know what steps to take.
  • Scrutinize your credit reports carefully: According to the recent reports, every consumer has an error in at least 1 report taken out from any of the credit reporting agency. Review carefully for all the erroneous information that is dropping down the score so that you can track them and remove them. Remember that your credit report is a true reflection of your present financial worth and therefore the better your score is, the better will be your true picture.
  • Dispute the errors and keep documents: The errors that you locate should be disputed by filling out the dispute form provided with your credit report. You should clearly identify every mistake that is reducing your credit score and also send a photocopy of the credit report with the mistakes. Keep documents of each and every copy and the forms, letters and all other documents to avoid discrepancies in the near future.
  • Repay high interest debt: Now is the time to work out a spending plan and also repay your high interest debts at the same time. Call your creditors, set up a meeting date with them, revise the repayment structure and maintain payments so that you can boost your credit score.

Therefore, when you’re spending sleepless nights thinking about the prospects of taking out a loan at an affordable rate with tarnished credit score, go for credit repair. Take the steps mentioned above instead of paying a professional credit repair program.

This guest post was contributed by Creditmagic.org, a community to help you repair your credit, get free consumer credit counseling and tips.

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12 Responses to Remove Inaccuracies To Make Your Credit Report Blemish-Free – Boost Your Score

  1. Agar says:

    thanks for this post. you are doing a great job…keep it up.

  2. Lou says:

    Way cool! Some very valid points! I appreciate you writing this write-up and the rest of the site is extremely
    good.

  3. free credit reports says:

    I know how to get my credit report for free from all 3 agencies so I don’t want info about that. I want my 3 digit credit SCORE but I don’t want to sign up for any trials or programs to do it. I did it that way one year and it was nearly impossible to cancel the trial membership..

  4. free credit score report says:

    Does anyone know where I can find a free online credit report to pull up online without the hidden costs of any monthly fees or one time charges? Your help would be greatly appreciated. Thanks…

  5. Robt says:

    Credit repair is a scam.. . I quote from the 2007 edition of the consumer Action
    Handbook ” A lot of credit repair companies advertise that they can erase bad credit for a heft fee. Don’t believe them. If the information is accurate, only time, hard work and a personal repayment plan will improve your credit score”.

  6. dispute credit report says:

    How to pay off Derogatory items on credit report, increase score?

  7. credit report agencies says:

    I want to find out what my credit report looks like and my credit score. Can someone offer advice to which websites I should go to that provides the best credit report and score for free? Thanks!

  8. Christian says:

    Some delinquent reports on my credit report are due to fall off this year. Will they come off my report automatically or is there something that I should do once the fall off date has passed?

  9. Ashli says:

    Every site I go to so far it wants you to sign up for a monitoring fee or wants you to buy three
    credit scores and reports. I don’t want a score and report smothered in BS..

  10. Antony says:

    Now by law each credit agency is supposed to supply you with a free credit report and you can use the agency
    of your choosing to get your credit score. You can have you copies email to you or mailed to you.

  11. True Credit Report says:

    I just found out I have a collection on my credit report for $69.
    I have no idea what it is or anything. I have to wait til tomorrow and call them before noon.
    What would happen if I paid that? Will it lower my credit score or will it go up a little?
    .

  12. gold account says:

    A good credit score is your passport to competitive interest rates for mortgages, cars, credit card offers, job offers, insurance premiums and more. A strong score is worth money because it saves you in excess costs.