Having excellent credit has never been more important than in today's current economic conditions. Getting approved for a loan or credit card can be quite a difficult task if you have bad marks on your credit dragging down your FICO score. What many people don't know is that removing bad credit history from your credit report is quite easy if you know how.
The awful fact is that a ton of credit reporting is done in error. Sometimes it benefits you and sometimes it can drastically hurt your score. Small errors such as improper reporting, numerical errors, and other small things can bring your score down as much as 100 points!
The three companies that make determine your credit score are TransUnion, Equifax and Experian. They gather the information provided into your report and this is part of what determines your scoring. Many people have no idea that you can actually check your own report free once per year.
Attaining a free copy allows you to go over it and discover all the potential errors which may be bringing you down. If you find errors, you can submit in writing and have them disputed. They have 30 days to respond either way and you can have it off as quick as 35 or 40 days.
Many people report that having even small things corrected can raise your score to the much desired 700+ category, which gives you the ultimate buying power in today's sluggish economy. It's highly recommended you grab a free copy to ensure your score isn't being sabotaged by any unnecessary errors.
Want to know the secrets to raising your credit score? Learn this and also see how to get a free copy of your credit report by visiting http://online-credit-report.info today!
Article Source: http://EzineArticles.com/?expert=Marc_Sumner
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