Already on ArticleSlash?

Forgot your password? Sign Up

Need a Higher Credit Score - Six Tips For Fast Credit Report Repair You Can Do For Free

Darin Sewell
 


Visitors: 209

The following credit report repair tips will give you a proven plan to deal with derogatory or incorrect information on your credit report. So if you have a low credit score or have accounts with late payments and are tired of being turned down for financing then read ahead!

1. Correct The Mistakes On Your Credit Report

If you find obvious mistakes on your credit report you need to write to the credit bureaus and have them remove or correct the wrong info. If they Will not remove or correct it often times you can have a comment added to your report with a very brief explanation, always keep these comments professional and to the point. Never make them personal.

2. Develop A Financial Plan That You Can Stick To

The only way you can maintain good credit is to manage your money differently then you did before. You will need to plan and set a budget and follow it religiously. Until you get yourself back on track only buy what you really need and always try to save some money in the bank every month

3. Don't Close Your Credit Cards Once They Are Paid Off

One of the quickest methods to building a good credit score is to have a good payment history with credit cards. Just be smart and do not charge more then you can pay off in a month. A good number of credit card accounts to have open is four. Anymore then this and it looks risky, any less and its simply not enough to quickly raise your score.

If your cards currently have a credit balance n them pay them off as soon as you can by paying slightly more then the minimum payment and work on paying the cards with the highest interest rate of first. Once you pay your cards balance down below 50% of the limit your score will increase dramatically.

4. Always All Of Your Bills On Time

Never be late with your credit payments because that will report negatively on your credit report. Late payments can drop your score dramatically and take a long time to recover from. So no matter what always pay your bills on time.

5. Do Not Over Apply For New Credit Accounts

One thing that will raise a red flag with the credit reporting agencies is applying for credit all over the place. Whether it is for cars, credit cards or department store cards over requesting credit can label you a problem consumer and drop your credit score.

6. Communicate With Your Creditors

If you ever find yourself in a position where you cannot pay your bills on time pick up the phone and call the creditor. While it may be hard to call them and tell them you cannot pay it will probably save your credit score. If they allow you to get on a payment plan they generally will not report this and your credit will stay clean. However once you blow off a payment your score will drop.

Following the above credit tips will not just improve your credit score but it will also put you on the road to better financial habits that will help you get and stay debt free for the rest of your life.

For more FREE Credit Repair Tips that can put you on the fast track to a higher credit score visit http://www.fixcreditreportscore.com

(597)

Article Source:


 
Rate this Article: 
 
Credit Repair - How Fast Can I Improve My Credit Score
Rated 4 / 5
based on 5 votes
ArticleSlash

Related Articles:

Fast Free Credit Report Repair

by: Mike Clover (April 06, 2008) 
(Finance/Credit Tips)

2 Advanced Credit Score Repair Techniques Proven to Raise Your Credit Score Fast

by: Ian Hollander (July 23, 2008) 
(Finance/Credit Tips)

The Advantages To Obtaining A Free Credit Report And Score - Verify Your Credit .

by: Tim Gorman (March 28, 2008) 
(Finance/Credit)

Clean Credit Report Get a Clean Credit Report and Raise Your Credit Score 100 ..

by: Benjamin Robert Ehinger (July 30, 2008) 
(Finance/Credit)

7 Tips to Repair Your Credit Score Fast

by: Xylene Belita (July 01, 2008) 
(Finance/Credit Tips)

Credit Report Repair - How To Get Your Credit Report Repaired Fast

by: Michael Nikolica (December 13, 2007) 
(Finance/Credit)

Fast Credit Report Repair - 3 Simple Tips to Get Started

by: Aubrey Clark (April 02, 2008) 
(Finance/Credit Tips)

Free Credit Report - The Best Way to Check on Your Credit Score While Applying ..

by: Bob Randooke (December 16, 2008) 
(Finance/Credit Tips)

Credit Report Repair Score

by: Tech Guy (June 17, 2010) 
(Finance/Credit)

Credit Repair - How Fast Can I Improve My Credit Score

by: Tony Banks (September 27, 2008) 
(Finance/Credit Tips)