build credit rating: Credit Rating Repair - 11/12/08 12:10 PM
When you are repairing your credit report it is important to create positive credit as well as remove negative credit. The simplest way to build positive credit is to pay all your monthly bills on time.This will help you to create a positive payment history. A good payment history is almost as important as removing bad credit items from your report.Another tip is to remove negative marks from your credit report. This is done by disputing inaccurate or invalid marks.There are estimates that 1 in every 4 people have an inaccurate bad credit item on their credit report that is forcing
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build credit rating: Tips to Improve Your Credit Rating - 11/06/08 09:14 PM
There are five pieces of information the credit bureaus use when calculating your score. Here is the list and the approximate value they carry into the bureaus scoring model.1. Payment History (45%)This is where the bureaus will weight negative credit items from your report. It will help to improve your score if you can clean your credit from negative items.However even if you have bad credit listed here, if the account is more than 4 years old it will not be weighted as heavily. In addition having positive payment history here will reduce the impact bad credit items have.2. Available Credit
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