Fix Your Credit: Start by Checking for Inaccuracies
A loan or card denial is the most common way individuals learn about botched credit records. If the question has risen regarding how to fix your credit due to a low score or a denial situation, you are not alone. Consumers across the country have found it difficult to meet the standards associated with credit ratings. Some items are a given including a large number of delinquencies, foreclosure, bankruptcy, and too much available credit; however, serious errors can take their toll on a score as well. Bad information is not completely avoidable with the number of requests and data being handled by agencies. Unfortunately the job of verifying this information has been put on you, the consumer.
Harmful errors are one of the main reasons why the Federal Trade Commission among other organizations pushes each individual to obtain a free repot each year. Request a report from Experian, Equifax, and Trans Union every twelve months. The data shown should be picked through with a fine tooth comb:
- Are the card limits correct?
- Have unknown accounts been included?
- Is another individuals name on the report?
- Are accounts showing delinquent that are actually current?
- Are there any signs of identity theft?
While these items may seem astounding, the errors occur more than consumers would like to know. The agencies cannot control what is reported or common errors due to name similarities. Many individuals have the same base name with Jr. or Sr. added to it and this makes it easy for the wrong person’s information to be included. A thorough evaluation is necessary before you begin to fix your credit. Errors need to be brought to the attention of the credit bureau and agency immediately for investigation.
What else can be done to improve your rating? Paying items on time, managing available credit, and preventing large derogatory items such as bankruptcy are a good start. Numerous other actions can be taken depending on your specific situation and in some instances a repair company may be the best choice. Take the time to review this report and then determine the next best course of action.
TURNSCOR is the industry leading Credit Repair Company and will asssit you to fix your credit.
No need to invest hundreds or thousands of dollars to pay a lawyer or third party to do what you can do for yourself. This was the sole reason we developed TURNSCOR. The major credit bureaus and creditors would like for you to remain uninformed, thus allowing them to charge you higher rates of interest based on your personal credit scores. This reason alone makes it very difficult to build wealth without a high credit score. Get started today.