| How can I fix my credit report? Sound familiar? First of | | | | So you might get lucky. |
| all I am assuming that you already have a copy of | | | | 2. As you are looking at your credit report be sure to |
| your credit report. If not then you need to contact the | | | | pay attention to the validity of the information. You will |
| credit agency and get a copy. If you do then keep | | | | be surprised how much getting false data off of your |
| reading. I am going to lay down the three most | | | | credit report will raise your credit score. If you do find |
| important tips and tricks for fixing your credit. | | | | incorrect entries, write a letter to the credit bureau and |
| | | | tell them about it. Be sure to include the company, acct. |
| 1. Pay your bills! No, I'm not trying to be a smart alec. | | | | number and your social security number. It is also |
| But you need to pay your past due balances. Many | | | | helpful to include what this false information has done |
| lenders will let you pay off your balances for pennies | | | | to hurt you. i.e. being rejected for a loan and |
| on the dollar. Some credit repair programs claim to | | | | embarrassed. |
| show you how to do this for like 35 cents on the dollar. | | | | 3. Once you have the bills paid and the false data off |
| Generally with no prior coaching you can expect to | | | | of your report, get the bad entries off of your report. |
| pay off a balance in full with 60% owed. So sit down | | | | You can do this as you pay them off. Either contact |
| with your credit report and prioritize the order in which | | | | the creditor or the credit bureau and tell them you |
| you want to pay off your debt. Your credit is already | | | | want the bad info off of your credit report. Usually the |
| shot so make a list and pay them one at a time. If you | | | | creditor will agree to this when you first make the pay |
| have the funds to do more, then by all means, do it. If | | | | off deal. But be sure to follow up anyway. |
| the creditor makes you an offer, it will most likely have | | | | Now your report is fresh and clean and it's time to |
| an expiration date. So don't make the call until you | | | | rebuild. So go get some new stuff on new credit. Just |
| have at least 60% of the balance owed. Just to be on | | | | be smart about it this time. |
| the safe side. I actually paid off a $1200 debt for $250. | | | | |