How to Easily Fix Your Credit Report

Its important to fix your credit report. Your report is accessed by lenders whenever you apply for credit. Ensure you check your credit report regularly. You can fix your credit report easily by checking for errors and looking for areas of the report where improvements can be made. Get your three credit reports (Experian, Equifax and TransUnion) from AnnualCreditReport.com. Its the official website sponsored by the credit reporting bureaus.

Instructions

1

Apply online to get your credit reports from AnnualCreditReport.com. (See resources). It takes about 15 minutes to apply and is the easiest way to start to fix your credit report. Reports can be viewed instantly online. Select the state you live in from the drop-down box. Click Request Report. Accurately enter your details in the application form. Retype the alphanumeric security code at the bottom of the form into the adjacent box. Click Submit. Wait for your identity to be verified. Select a log-in ID and password. Click Enter. View your credit report instantly.

2

Check your reports for errors. Its the fastest way to easily fix your credit report. Report errors to the credit reporting bureau in writing. Errors should be rectified within 30 days.

3

Check your credit report for missed or late payments. These get reported to credit reporting bureaus and affect your credit rating. Pay late or missed payments urgently. Make future payments on time. In a few months, your report will reflect the on-time payments. This step, too, will help to easily fix your credit report.

4

Check if you have any credit cards where you are close to or have exceeded the limit. Pay off overdue and over-limit amounts as soon as possible. Reduce the amounts outstanding. Once your available credit has increased to more than 40 percent, your credit record will easily improve.

5

Pay utility bills by automatic transfer from your bank. Timely payments are not recorded, but the utility companies set up a credit file for bad debtors. Lenders who check your record will see that no bad debts have been registered. Timely utility bill payments help give confidence to a lender.