The free credit report New York

So they may want you to close an account or two to reduce your ability to rack up more debt. But you should close accounts only if your lender says you need to do so in order to get the loan. If a mortgage broker suggests you do so, ignore them. Make sure you pay every bill on time from here on out.

Taking steps to bring your score up does you no good if you do things that send it right back down.

Also, the older a late payment is the free credit report New York on your credit report, the less it hurts you. So a late payment you made last month hurts a lot right now, but in two years that same late payment won't hurt your score as much. If you make no more late payments, your score could improve 50 points within a year. That won't remove it from your credit report, but it will still help your score, because a late the free credit report New York payment is not nearly as the free credit report New York bad as an unpaid debt. free official credit report If there are any errors on your report (such as late payments when you weren't late), write a letter to the CRA in question and ask that the error(s) be removed. The the free credit report New York CRA has 30 days to investigate; they'll write to the creditor and ask them to verify the payment info. If they don't, the CRA will remove the negative info from your file. Make sure negative info older than 7 years isn't reported. By law, negative information in your credit report must be deleted after seven years (10 years for bankruptcy). If your report contains negative info that's more than seven years old, write the CRA and ask them to remove it. annual credit report free

Also note that if you missed a payment 8 years ago, but it took the creditor 2 years to report it to a collection agency, it will the free credit report New York likely show up on your report as a 6-year-old the free credit report New York debt. In that case, write to the CRA and explain that the debt is really 8 years old and should be removed.

Include a copy of any paperwork that supports your claim.

If there is negative info in your the free credit report New York report (such as non-payment of a debt), but you have a good reason for not paying the debt (merchandise not received, legitimate dispute with the merchant who would not negotiate in good faith, etc.), write to the CRA and ask them to add your short explanation about the matter to your file. If the lender pulls your credit report they might see the statement you added. credit report 3

They might not see it, because some lenders just look at the credit score and don't scrutinize the report itself too closely, but it couldn't hurt. The more debt you're carrying, the lower your score. Your debt is evaluated in comparison to the total credit available to you.