Chapter 5. Dealing With Your Credit ranking Report to Deal With Your Credit ranking Score
If you want to raise your credit score rating, you need to go right to the source - your credit rating report. Your credit score file contains the information and data on which your credit score rating is based. If you can alter or update the information in your credit rating report, your credit ranking score will change to reflect the alterations. For this reason, getting and checking your credit score file is one of the first things you should do when you attempt to improve your credit score. There are a few tips that can help you deal with your credit score rating so that you can give your credit score rating a boost:
Tip #19: Argument mistakes on your credit score report
Contact each of the three major credit score reporting agencies - TransUnion, Equifax, and Experian - and get duplicates of your credit score history and credit rating report. Carefully read over the reviews and observe any mistakes. In writing, get in touch with the credit score reporting agencies and ask that mistakes be eliminated or examined.
This is called a dispute correspondence and once it is received, credit score reporting agencies have to examine your dispute within 1 month of receiving your correspondence. It is essential keep a copy of your correspondence and it is very important to note the date the correspondence was sent. You should not be accusatory or violent in your correspondence - gently and clearly state the problem and request an investigation.
Note that you are aware the organization is required to examine the claim within 1 month and observe that you will do a follow up. Be sure that you do follow up with the issues you raised in your correspondence - just because the organization looks into your problem -- does not always mean that your credit score rating will end up error-free.
Many credit score reporting agencies now make it possible for you to correct mistakes on your credit rating report online - and many have details on their web sites that informs you exactly how conflicts must be managed to be effectively eliminated. It is essential that you adhere to this details exactly so that the discrepancies on your credit rating report are eliminated quickly and your credit rating report is modified as soon as possible.
Tip #20: Mark or Add a Note to your credit ranking report if there is a issue you can’t resolve
Sometimes, there are genuine reasons why you didn’t pay a bill. If a specialist rejected to finish a job or did a poor job, then y