How to Dispute Credit Report Errors

Contact each of the three major credit bureaus -  TransUnion, Equifax, and Experian – and get copies of your credit reports and credit scores.  Carefully read over the reports and note any errors.  In writing, contact the credit bureaus and ask that mistakes be removed or investigated. 
This is called a dispute letter and once it [Read more...]

Tips to Improve Your Credit Score

Once you have your credit report and your credit score, you will be able to tell where you stand and where many of your problems lie. If you have a poor score, try to observe in your credit report what could be causing the problem:

Do you have too much debt?
Too many unpaid bills?
Have you recently [Read more...]

Know How Your Credit Score Works

If you are going to improve your credit score, then logic has it that you must understand what your credit score is and how it works. Without this information, you won’t be able to very effectively improve your score because you won’t recognize how the things you do in daily life affect your score.
If you [Read more...]

How Credit Reports Work

Credit reports are created by credit bureaus, which use information from client companies. It works like this: credit bureaus have clients – such as credit card companies and utility companies, to name just two – who provide them with information.
Once a file is begun on you (i.e. once you open a bank account or have [Read more...]

Pay Your Bills on Time to Improve Your Credit Score

One of the best strategies to help your credit score is simply to pay your bills on time.  This is absurdly simple but it works very well, because nothing shows lenders that you take debts seriously as much as a history of paying promptly.  Every lender wants to be paid in full and on time. 
If [Read more...]