How to Repair Your Credit and Raise FICO
by: Michael Saunders
There's more to credit repair and raising FICO than just getting rid of
the negative information. You need to ensure that any
positive information that can be included in your file
actually is. 1. Try to Get Positive Accounts Reported:
You know that the credit bureaus typically don't share
information, but it can be frustrating if one of your good,
paid-on-time accounts doesn't show up on all of your credit
reports. What's worse is when a credit account isn't reported
at all. Some creditors simply don't bother to use credit
bureau services, and others deliberately hide the histories
of their best customers for fear that their competitors will
swoop in. Although you can't force a creditor to report
an account to a bureau or report more frequently, you can
always ask. Sometimes it's all but impossible to get your on
-time payments recorded. Most landlords, utility companies,
and phone companies will only report you to the credit
bureaus if you screw up. (So be sure you don't screw up.)
(continued...)
How to Repair Your Credit and Raise FICO
Page 2
About The
Author
Michael Saunders is president
of Information
Organizers, LLC. He has an MBA from the Stanford
Graduate School of Business.
|
|
