Repairing My Credit Score

If you want to repair your credit score, you need to go right to the source - your credit report. Your credit report contains the information and data on which your credit score is based. If you can alter or update the information in your credit report, your credit score will change to reflect the alterations thus repairing your credit.

For this reason, getting and checking you credit report is one of the first things you should do when you attempt to repair your credit score. There are a few tips that can help you deal with your credit report so that you can give your credit score a boost:

Dispute errors on your credit report

Contact each of the three major credit bureaus - TransUnion, Equifax, and Experian - and get copies of your credit reports and credit scores. Carefully read over the reports and note any errors. In writing, contact the credit bureaus and ask that mistakes be removed or investigated.

Repairing My Credit

This is called a dispute letter and once it is received, credit bureaus have to investigate your dispute within thirty days of receiving your letter. It is important to keep a copy of your letter and it is important to note the date the letter was sent.

You should not be accusatory or abusive in your letter - calmly and clearly state the problem and request an investigation.

Note that you are aware the agency is required to investigate the claim within thirty days and note that you will follow up. Be sure that you do follow up with the issues you raised in your letter - just because the agency investigates does not always mean that your credit report will end up error-free.

Many credit bureaus now make it possible for you to correct errors on your credit report online - and many have information on their web sites that tells you exactly how disputes must be handled to be effectively removed.

It is important that you follow this information exactly so that the inaccuracies on your credit report are removed promptly and your credit score is updated as soon as possible. This is the first and most important step in repairing your credit.