Credit Tips

Credit Tips

     Repairing your credit can seem like a complicated process but it doesn’t have to be.  Follow the steps below to improve your credit. For a free credit report you may go to www.annualcreditreport.com

Revolving Accounts (Credit Cards)

These types of accounts make up a large percentage of the credit score.

Collections

When working on collections you need to be very careful. Paying off some of them can result in a lower score.

If you see any information on your credit report that is incorrect you may need to dispute it. If you have a copy of your credit report from annualcreditreport.com, you can dispute items on that website


Disputing Accounts

Inquiries / New Accounts

Credit inquiries can have an effect on the credit score. The more times your credit is pulled, the more your score could go down. Try to limit the inquiries while you are working on your credit. Also avoid opening new accounts unless you do not have a sufficient number of revolving accounts.