How to Improve Your Credit Rating

There are three basic steps to help improve your credit rating:

· Dispute negative entries on your credit report

· Have negative entries deleted from your credit report

· Rebuild your credit

The first stage is to write to your credit bureau and detail the disputed entries on your credit report.

You have thirty days in which to dispute an entry on your credit report. However, you will often find that the credit bureau takes as much time as they want.

Here is a basic overview of what happens to that letter:

Your letter is read by a lower-level employee who has the power to dismiss your letter or pass it on to higher powers within the credit bureau.

After the investigation is complete, and the lender has not verified the disputed entry, the credit bureau will delete that entry. This negative entry can still be reinstated if verification eventually arrives.

Once your dispute is accepted the derogatory entries are deleted or improved to perfect. Once they have been deleted or improved, the credit bureau will send you a notice of these changes, along with a new credit report.