With patience you can improve credit report scores.
With time and by following the advice in this article you can clean bad credit.
Getting your report is easy.
To improve your scores you need to start by obtaining your credit report.
1.
The Annual Report website is an approved site for requesting your report.
2.
By calling (877) 322-8228 you can request your report by phone.
3.
Fill out the PDF form at the FDC site and mail this form to: Annual Credit Report Request Service, P.
O.
Box 105281, Atlanta, GA 30348.
5 areas are important to improve your scores: 1.
Late Payments: You MUST make payments on time.
Payments that are late will hurt your scores.
For past due accounts call your creditors, talk to them.
You will find that most are willing to work with you to help you get caught up.
They will often not post negative reports to your report during this period.
If overwhelmed with past and current negative reports, you should contact a non profit credit counselor.
2.
Total amount owed is also important.
If your credit limits are maxed, this will drop your score.
Pay your balances down..
3.
Short credit history.
If your history is less than three years then you just need time.
And wise management or your finances.
4.
Are your types of accounts balanced? Installment loans and credit cards need to be balanced in order to improve your credit report.
But beware; opening new accounts just to balance this will hurt you! 5.
Looking for a new loan? Before allowing your score to be pulled, do your shopping up front.
Inquiries can hurt your score but if they are within a short time period the damage will be minimal.
The first two are the most important in improving credit scores.
Concentrate on these while still maintaining the others to best improve credit reports.
By following these simple tasks, giving it time and being persistent, you can improve credit scores by fixing payment histories, paying down balances, spreading out types of credit and staying away from new credit.
Pay on time and be the first to call before your creditor calls you if you will be late on a payment.
Find a credit counselor if you are overwhelmed by your credit woes.
By being proactive and patient you can improve credit reports.