Cleaning Up Your Credit Report

Feel like cleaning up your credit report is an impossible task?

There are many companies out there that offer to clean up your credit report
-- for a fee. But most of them do nothing that you can not do on your own.
The process of correcting errors on your credit report takes time and
patience. Some companies make the claim that they'll clean up your credit
report and improve your credit rating immediately. This is almost
impossible, so don't take their claims at face value.

Here are a few tips that will help you maintain a good credit
rating:

1. Pay bills promptly
2. Minimize credit inquiries
3. Leave cleared credit accounts open
4. Pay off credit cards monthly
5. Do not hold more than two major bank cards 6. Ensure your oldest credit
account is in the credit report.
7. Switch to credit cards with lower rates

If you have anything negative on your credit report due to an error, you
should get it removed immediately. Getting just one or two errors can
improve your score dramatically. You don't have to pay a fortune to get the
errors removed, either. The advantage of the Fair Credit Reporting act is
that the consumer can demand verification of any entry on his or her credit
report.

Identity theft is now a major issue with credit reporting. Keep a close eye
out for this type of fraud, as it can devastate your credit. Make it a point
to take advantage of your free credit reports so you can be aware of
identity theft as soon as it happens. Keep your finances in order -- it's
harder to dispute an entry on your credit report if your affairs are not in
order. You need to provide documentation for any dispute.

No issue with your credit can be resolved overnight. Be patient and
persistent, it will be worth it in the end.

About The Author: Robert Davis writes for several web sites, such as
http://dicez.com and http://rosuf.com