Pointers for Fixing Your Credit History, All by Yourself NEWHORIZON.ORG
Would you like to know how you can fix your credit profile, even without seeking professional assistance from certified finance experts? If your answer to this is a resounding YES then, do keep the following pointers in mind while going over the items in your annual credit report:
Check your report for errors and inconsistencies. Review all the entries in the documents you will receive. And do watch out for outdated accounts, incorrect payment records, fraudulent or unauthorized charges, missing digits in your Social Security Number, misspelled names, as well as for court judgments that are way past the statutes of limitation that apply in your state. Keep in mind that such negative items can inflict severe damage to your credit history and compromise your chances of being granted affordable guaranteed approval store credit cards and personal loans, later on.
Dispute suspicious items in your credit file, by writing and sending letters of credit dispute to the three major credit bureaus. In your letter, itemize the erroneous information you discovered in your annual report . Then, tell the employees of the credit reporting agencies how such entries should be handled. You should also remember the importance of enclosing copies (not the original documents) of files and financial records that will help support your claim. After all, these attachments can help ensure the quick resolution of your concerns.
Come up with your own debt repayment plan. Keep in mind that the easiest way to recover your good credit standing is to settle your debts completely. To succeed in this matter, you should develop strategies that will allow you to pay off your existing credit accounts, one-by-one or in one full-swoop. How can you do this? Well, it would entail a little sacrifice on your part. For instance, you might have to cut down on items you used to purchase on a monthly basis, to give way to much higher credit payments. Or you may have to set aside a larger portion of your disposable income to cover your debt consolidation loan repayments, until you can completely pay off your financial obligations. By doing so, you will not just attain relief from your outstanding debts. You can also pave the way towards rehabilitating not just your credit history, but also your overall financial well-being.
For more tips on repairing your credit score, check our QUICK DIY CREDIT REPAIR GUIDE HERE