Raise Credit Score Quickly
If you would like to raise your credit rating fast because you need a loan with a low interest rate, try the following method. This approach incorporates eliminating imprecise items from your credit report, and as soon as they are gone, your credit rating will be better.
Usually, the credit reporting companies have to find imprecise items certified by the original creditors within a month. Although, they could take a bit longer than just the usual thirty days.
The first thing you need to do to raise credit score quickly is to get a copy of your credit report. You're entitled to a free copy of your credit report once per year. You can get the reports online or contact the three major credit reporting agencies " Equifax, Experian or Trans Union to get them sent to you.
Don't be taken in by the advertisements telling you that you have to pay to get a copy of your credit report. This is not true and the companies that tell you this are being dishonest. Do not deal with them.
Once you get your credit report go over it to check for any inaccuracies. There is a lot of data input every day into millions of credit reports and errors do occur which can have a negative effect on your credit score. To raise credit score quickly you want to get any inaccuracies deleted from your report.
Is there anything out of the ordinary listed on it? Are there any payments you know you've paid on time showing as past due? Are any closed accounts still showing up on it? Are there duplicate entries? Make a note of any incorrect information that is listed on your report.
Next, you need to contact the credit reporting company and dispute against the items that you discover to be imprecise, so as to raise your credit rating. If you can, forward any copy of receipts you have to back up your claim.
The credit reporting agencies then have to get in touch with the creditors who reported the item to get the items verified. They usually have 30 days to verify the item and if it's not verified within that time period or thereabouts, it has to be deleted from your credit report.
Usually, the credit reporting companies have to find imprecise items certified by the original creditors within a month. Although, they could take a bit longer than just the usual thirty days.
The first thing you need to do to raise credit score quickly is to get a copy of your credit report. You're entitled to a free copy of your credit report once per year. You can get the reports online or contact the three major credit reporting agencies " Equifax, Experian or Trans Union to get them sent to you.
Don't be taken in by the advertisements telling you that you have to pay to get a copy of your credit report. This is not true and the companies that tell you this are being dishonest. Do not deal with them.
Once you get your credit report go over it to check for any inaccuracies. There is a lot of data input every day into millions of credit reports and errors do occur which can have a negative effect on your credit score. To raise credit score quickly you want to get any inaccuracies deleted from your report.
Is there anything out of the ordinary listed on it? Are there any payments you know you've paid on time showing as past due? Are any closed accounts still showing up on it? Are there duplicate entries? Make a note of any incorrect information that is listed on your report.
Next, you need to contact the credit reporting company and dispute against the items that you discover to be imprecise, so as to raise your credit rating. If you can, forward any copy of receipts you have to back up your claim.
The credit reporting agencies then have to get in touch with the creditors who reported the item to get the items verified. They usually have 30 days to verify the item and if it's not verified within that time period or thereabouts, it has to be deleted from your credit report.
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So there's one method you can use to raise credit score quickly. For more tips and advice on fixing your credit be sure to visit my squidoo lenses. There's one on How To Fix Credit Report and a beginners guide to your Credit Score Range.