When it comes to guarding your credit, one of the most common ways is to check up on your credit reports. If you already didn’t know it, you are entitled to receive a copy of your credit report for free once a year. Once you’ve received your report you need to scan through it and see if there are any items which are inaccurate.

If you do find inaccurate items then you have to dispute these items so that they can be removed. The credit agency is accountable for verifying anything that is reported and they have basically a 30 day period to verify anything that you dispute. If they can’t verify it within this amount of time they have to eliminate it from your credit report and this will help to improve your credit score.

“If you don’t take good care of your credit, then your credit won’t take good care of you.” ―  Tyler Gregory

It’s also possible to ask the agency to send out corrected variations to anyone who has obtained a copy of your file in the 6 months leading up to the dispute. Keeping on top of your credit score is among the simplest ways that you could improve your likelihood of getting a loan. Even if you’re not looking to get a loan, keeping an eye on your credit reports and correcting any errors will keep your score at its best.

If possible, request your credit reports well before you apply for a loan to give you time to correct any inaccurate information. Remember when applying for a loan the very first thing they’ll look at is your credit rating, so making sure that you have a high one can be the most crucial thing for you.

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