Knowing how to maintain a good, solid credit is important. Here are a few helpful guide's to know and to take, in order to properly execute all the necessary step's that will lead to a perfect credit. .
Start pulling your credit report (from all three credit agencies).
Then either based on the information, pay the collection agencies or have them remove erroneous and inaccurate derogatory entries on your credit reports from the three credit reporting agencies. And you can do this by writing a letter of explanation to the reporting agencies.
Next is an important aspect on speeding up the correction's of your credit report with the three reporting agencies, and that is enrolling in a credit counseling course, it will help your communication skills, with the credit Bureau's, witch is an excellent source of help, to take advantage of , but one is not limited to that. All these steps are to make sure your own credit report is correct.
All the letter's received by the reporting agencies will be kept on a file for a lender to review.
Also stop applying for new cards or any other sources that require running your credit report.
Transfer all balances and stop charging on your card. Also trying to live at the same residence will show stability and is very beneficial for once credit. The best thing to do is to after the credit report first has bin pulled and checked, and corrected and all accounts have bin transferred over to one account is to just keep on establishing and building credit and to only spend only spend one third of your credit at all times but work with no more than half of your credit at all times no more, this will best build FICO.
Following all these instructions will correct your bad credit and turn it in to a, very good standings with the reporting agencies.