Negative remarks and late payments can take its toll from your credit score. The longer you leave your credit in poor standing, the more difficult it will be to regain good credit. Nonetheless, it is never too late to begin credit rehabilitation and although it’s impossible to improve bad credit overnight, you can definitely raise a low credit score one sure step at a time. Listed below are the steps towards bad credit repair.
Check your credit report.
Find out if all the information contained in your credit report is accurate. If not, it could be reason why you are struggling with a low score. Errors, unauthorized charges and misinformation can ruin a perfectly good credit history.
The good news is that you have the opportunity to correct those errors in your report and instantly raise your personal credit score. This is why you should order a copy of your report from each of the three major credit bureaus. If you find errors, send a dispute letter to the bureau that issued your report. An investigation will then be conducted and you may need to wait up to 30 days for the errors to be corrected.
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