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By: Rolla Rosenkilde
If you see any erroneous information on your credit report, file a dispute so you can have the information removed. Draft a dispute letter that will go to each credit rating agency that shows an error, and prepare any supporting documents. Make sure when you send the dispute package that you request proof by signature that it was received.Look at your credit report and see if there are any missed payments or outstanding debts recorded. Once you have checked for mistakes, you can set about to fix the damage. Put all extra money towards paying off the account with the highest interest, and only pay the minimum on all other debts.Make sure you check out any credit counseling agency you consider using. There are a lot of unscrupulous agencies scattered in among the few legitimate credit counselors that are really there to help you. Some credit services are nothing more than fly-by-night scams. Before you conduct any business with a credit counselor, check into their legitimacy.Make out a plan or program to pay off past due accounts and collection agencies. These will remain on the credit report, but will be reported as paid. This is better than having past due debt.Credit counselors should always be researched thoroughly before being consulted for credit repair. Many may have ulterior motives, so make sure you are not being duped. Some companies you may find are outright scams. Smart consumers will always check to see that credit counseling agencies are, in fact, legitimate before working with them.Never pay your bills late. Timely payments have an important impact on your credit score. Payment reminders can assist you in remembering to make payments. There are many different ways to set up reminders. You can have an email sent from your online banking site or a text message directly from your creditor.The most obvious way to get your credit repair journey going is to pay down those pesky credit card balances. Pay down credit cards that have the highest amount owed, or the highest interest rates. Doing so shows your creditors that you are taking your debt problem seriously.Be sure to look into all of your credit types when figuring out how to fix your credit. One of the factors in your credit score calculation is the number of credit sources you have. You can improve a credit score by managing several credit cards, loans or mortgages at the same time.Put the spending brakes on yourself by lowering your credit limit on all of your cards. Not only will this stop you from overspending, it will indicate responsible behavior to a credit card company, and may enable you to get future credit.One of the first steps of improving your credit score is ensuring that your bills are always paid. Not only must bills be paid, but they must also be paid in full and in a timely manner. Once you start paying your past bills off, you will notice an immediate improvement in your credit.Anyone who hopes to get a loan or may one day be involved with their children's college loans, should pay attention to their credit score. Even if you are in debt and have a low credit score, you can rectify your situation by remembering these all of these tips.

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