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The Best Way To Enhance Your Credit Rating Score Through Disputing Errors On Your Credit Ranking Report
This is the most popular way to increase credit score - dispute errors and inaccuracies on your credit report.
It does work, however , you need to know what you are doing if you want to take this route. Let's take a look at the various things that you need to remember when you do this to repair credit score.
Firstly, you need to acquire a copy of your credit report. It is a well known point that you can get one free copy of your credit report from each one of the three credit bureaus per year. You need to request this through the particular website made available for this function. Do not be fooled by other places that promise to get your report for you for free or for a small fee; or claim to be this specific website but have a completely different spelling or domain extension.
Once you have received your credit report you need to study it for errors and inaccuracies. But please note, you are only really concerned with the Credit History section of the report. You want to investigate this section carefully for faults with regards to names, dates and amounts.
Here are some tips with regards to the approach that you should take in this procedure:
1. Do not bother to fix anything that is incorrect but is not going to raise your credit score. For example, the account type might be incorrect but regardless of that the information about the amounts and the dates payments were made are correct. In this case, you do not need to make an issue out of this since the problem is that it will not really make a difference to your report and you'll just run the risk of the claim being ignored as 'frivolous'. In this case, they can reject ANY claim made by you for the next year as being frivolous and this is definitely not the desired outcome.
2. Make 100% certain you have the proof to back up your claims in the case of inaccurate information. For example, there can be accounts there listed as still open (with balances against them) when in fact they have been cleared already. Make COPIES of your proofs and send in the copies with your letter. Never send in the originals! If you do not have proof then you should think about whether you should go through the effort of raising the issue. The problem once again is that they can write off your claim if you do not have proof.
3. Make sure that you do not make use of a form letter, a letter format copied from the internet, or a letter format that you obtained from a credit repair company when you state your case. They get lots of letters in these formats and they will probably ignore your request or inform you that the information that they have is precise and that nothing needs to be done on your credit ranking.
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