How To Improve Your Credit Rating
By Search EzineArticles.com
So you got into debt, had problems but you got yourself back on your feet through hard work and sacrifice and how are you rewarded? A Bad Credit Rating.
You would be forgiven for thinking thats not fair and why did you bother sorting yourself out if your hands are still tied when it comes to applying for anything financial? There are ways to improve your credit rating and get back on track completely.
There are three basic steps to help improve your credit rating:
· Dispute negative entries on your credit report
· Have negative entries deleted from your credit report
· Rebuild your credit
The first stage is to write to your credit bureau and detail the disputed
entries on your credit report. You have thirty days in which to dispute an
entry on your credit report. However, you will often find that the credit
bureau takes as much time as
Here is a basic overview of
what happens to that letter:
letter is read by a lower-level employee who has the power to
your letter or pass it on to higher powers within the credit
the investigation is complete, and the lender has not verified the
entry, the credit bureau will delete that entry. This negative entry
still be reinstated if verification eventually arrives.
your dispute is accepted the derogatory entries are deleted or
to perfect. Once they have been deleted or improved, the credit
will send you a notice of these changes, along with a new credit