How to Raise a Credit Rating

Video Transcript

"Want to raise your credit rating? Here is one easy way that you can address each bad item, that's shown on your credit bureau report. First, you've got to get a copy of your credit bureau report. You can go to www.annualcreditreport.com. Every year, once a year, and get a report from each of the three credit bureau reporting agencies. Then, after you get that report, you're wanting to identify the bad history, or duplicate bad history, that's listed on that report. To get this rectified, you'll want to contact the creditors, ask them to correct it. If they choose not to, or take too long to correct it, then you'll want to contact the credit bureau service yourself, and have that information added. Next, you want to be sure that all your good history is listed. Again, contact the creditors. Ask them to list that information, and if they choose not to, or they take too long to report that information, ask the credit bureau reporting service, how you can get that information added, to your credit bureau report."