The first step if you want to clean credit up is to get a triple credit report.
The second step is to check the details for accuracy – it is absolutely vital that there are no mistakes or inconsistencies.
You should check things like your name, your address, your date of birth, etc. Just correcting misspellings, and slight variations will repair your credit in a lot of cases.
You have to be very, very meticulous when checking for accuracy in your credit report. For example if you write part of your address both upper case and lower case, it may be seen as two different addresses and damage you credit.
Likewise you have to be careful about abbreviations. For example,
• St instead of Street,
• Gds instead of Gardens,
• Ave instead of Avenue
These are perfectly acceptable as long as you don’t only ever write it one way. If you are not consistent then you might risk fragmenting your data and not getting the credit you deserve.
You might think that these sorts of minor differences shouldn’t make any differences. You may be right in most cases, but since there are lots of different credit checking systems around the world, wouldn’t you prefer to be 100% sure that every computer is reading the data correctly?
It might be a bit of a tedious task to check all of the data in your report, but believe me this is so important, and you can’t afford to skip this step.
Once you have decided on the “correct” way your details should be displaying, you should write it down in a safe place (perhaps the back of your diary). Every time you apply for credit you should refer to that piece of paper and copy out the info perfectly.
I am labouring over this point because repair to credit is done by consistently building layer upon layer of consistent data.
Notice I said “consistent” data. That’s something that most people don’t seem to realise. It’s a shame because many repair credit/ bad credit problems could be solved if people took on board this simple advice.
