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Summary: In order to improve, repair or fix credit scores, a person should first find out what their credit score is by contacting a credit reporting agency. Find out how to consolidate debt to help improve a credit score with advice from a registered financial consultant in this free video on money management.
Patrick Munro's affinity for investing and financial matters began more than 20 years ago with business education and service throughout the ranks of the banking, insurance and...read more
"This is financial adviser Patrick Munro talking about how to improve your credit score, how to repair your credit score, and how to fix your credit score. Now really, those are interrelated terms, but your credit score is no doubt a very, very important number in your life. If you want to improve it, that's a good thing. It's a good goal to try an improve your credit score, and the way to do that is you have to know what your score is in the first instance. Make sure you send a letter to each of the three credit reporting agencies; Equifax, Experian, and TransUnion. They all have different addresses, and you'll want to send a certified letter with your social security number, requesting a copy of your report. In about ten business days you will receive that copy of the report, and go through it line by lined item. If there is ways to consolidate debt, do so. That'll raise your score. If there was ways to pay your bills in a more timely fashion, make sure you do so. 'Cause if you don't, you'll need to repair the credit score, and ultimately need to fix it as well. This is Patrick Munro, financial adviser, talking about how to improve, repair and fix your credit score."
eHow Article: How to Improve Credit Scores, Repair Credit Scores or Fix Credit Scores
Meet Mark P Cussen, CFP, CMFC eHow's Personal Finance Expert.