| There are a lot of reasons why your credit rating will | | | | report carefully. |
| be very low. There could be errors on your credit | | | | Some people find it hard to read credit reports. If you |
| report or you have been a victim of identity theft. For | | | | don't know what you are looking for, that might be |
| whatever reason, it is important that you monitor your | | | | very hard. The report often starts with your personal |
| credit score so that you will not be shocked and | | | | details and you also have to make sure that all your |
| frustrated when you apply for credit and you get | | | | details indicated therein are all true and no |
| denied. | | | | consistencies exist. |
| If, for some unforeseen circumstances, your credit | | | | Then you can proceed to check the trade lines which |
| report reflects inconsistencies, don't worry. You can | | | | are the overview or summary of your credit accounts |
| dispute these wrong pieces of information and fix your | | | | as well as all transactions that you've done with these |
| credit score in a jiffy. Here are some three simple | | | | accounts. It would reflect your payment history as well |
| steps on how you can fix your credit card report. | | | | as the amount that you still owe. This is where you |
| Step Number One: Request for your credit report. | | | | should be very careful because if an identity theft |
| If you really need to find out if there are really errors in | | | | criminal, for instance, opened a new account under |
| your credit report, then you need to have a copy of | | | | your name, this is where it will be reflected. |
| this very important financial document. This is not a | | | | Step Number Three: |
| very big hassle, you can do it online for your | | | | The final step that you have to do is to write a dispute |
| convenience as the three credit bureaus have their | | | | letter addressed to the credit bureau. If you are not |
| own online counterparts. The law provides that you | | | | sure on how you should write your letter, you can |
| can request for one credit report annually from each | | | | search for a sample of a dispute letter online. You |
| of the three credit bureaus. But you can also request | | | | should attach any documentation, receipt or any |
| for your reports via phone, email and there is also | | | | evidence that you might need to establish that you |
| another option to have it downloaded directly. | | | | should not be held liable for the inconsistency that is |
| Monitoring your credit report is important in maintaining | | | | reflected in your credit report. Once you have written |
| the integrity of your credit status. This will ensure that | | | | your dispute letter, the recipient will then have 30 days |
| no other person/s are using your personal information | | | | to respond to your application and remove any |
| for their identity theft and malicious activities. | | | | disputes if in any case, they are able to establish that |
| Step Number Two: Scrutinize and review your credit | | | | the accounts posted on your credit report is not yours. |