Get Your Free Credit Report

Start by improving your scores. Get your credit report. You have to keep regular track of your report. Report any errors or inaccurate information. Anything that would damage your credit should be repaired. Control your credit card use. Do not make necessary purchases that just accumulate as debt into your account. Make sure that you pay your accounts on or before it is due. Pay off debts. To boost your score you should pay off your balances and start on a clean slate. Do these things and you will have a higher score in no time at all.

Getting the highest score is actually very easy.

4. Send a letter to the credit-reporting agency disputing the error. 5. Begin a log of correspondence. 6. Give it 30 days. 7. If nothing happens or you get no response - send a second letter requesting an investigation. 10. One the error has been corrected - request a new copy of your credit report. This system was introduced by the Fair Isaac Corporation also known as FICO. Although there are different kinds of financial scores, the FICO score is probably the most widely used and popular credit scoring system in the United States. Getting the highest score is actually very easy. You should know how the score is broken down into several components. Your score is based on your payment history (35%), credit utilization (30%), length of credit history (15%), types of credits (10%), and credit inquiries (10%). As you can see, payment history is the biggest factor that determines your score.

While it is OK to shop around for a good deal on a car loan or mortgage, you should understand that there is only a certain amount of time that this can be done. Lenders choose the credit scoring module that they use, so this time frame can vary from between 14 and 45 days.

• Order or request your credit report. (You are entitled to one FREE credit report per year.)
• Give it 30 more days or 45 days if you provide additional information)
• If you still get no response - contact the FTC (Federal Trade Commission)
• Give it 30 days
• Review your credit report

High credit score benefits are more important than many believe. When you are going to apply for a loan to buy a house, you reap monumental economic benefits if you have a higher credit score. If you are considered to be of no risk to the bank, in terms of repaying your loan, you will be qualified for a smaller interest rate.