How to Improve What Your Credit History Says

You have the right to defend yourself when it comes to your credit report, and taking an active role in managing your credit report is how to improve your credit history significantly. Your credit report is your ticket to purchasing power, and when you apply for credit, what that report says dictates everything from how much borrowing power you have to what kinds of interest rates you pay.

Once per year, you are allowed to request a copy of your credit report from each of the three credit reporting agencies, TransUnion, Equifax, and Experian, free of charge. Additionally, any time you are denied credit, you are permitted to request a free copy of the report from the agency used in making the decision.

You can obtain your credit reports online; be sure to have a working knowledge of your basic financial information in order to obtain the reports. Carefully review the reports and make note of any inaccurate information on the report. You can file a dispute online or in writing, and you can request that a statement be added to your report explaining the situation that led to the credit issue or credit debt, or insert a statement in defense of a dispute.