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How To Improve Your Credit

To get a better loan and borrow on more favorable terms.

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Get Your Credit Report

Order Online, Over The Phone, or By Mail

Beware of sites that ask for account usernames or passwords!

To get your report online:

Go to www.annualcreditreport.com and follow the instructions.

Be ready to provide your:

  • name
  • address
  • Social Security number
  • date of birth.

You may also be asked for other information to help identify yourself, such as a previous address or the name of a bank that gave you a car loan.

To order by phone, call 1-877-322-8228 and ask for your free annual credit report.

To order by mail, fill out and return an Annual Credit Report Request Form.

7 Steps to a Better Credit Score

Create the Profile – and Habits That Lenders Like 

  1. Check Your Credit Report for errors – errors are not uncommon – then clear them up with the credit reporting agency.
  2. Set up an automated payment plan. High levels of debt and missed payments destroy your score.  So set up a plan to automatically pay down debt and make on-time payments. See How to Pay Down Debt & How to Move Money From Spending To Savings.
  3. Pay your balance in full by the “due date.”  If you pay during the “grace period,” your balance on the due date shows up on your credit report.
  4. Pay off debts at debt collectors.  Records of debts in collection remain on your report for seven years.  But after seven years they’re off.
  5. Don’t close unused accounts (longevity with a card is good) and don’t get new cards you don’t need (having more available credit is bad).
  6. To get credit, or re-establish credit, start with one card and pay all bills on time.
  7. If you’re having trouble, contact your creditor or a legitimate credit counselor.


It's Worth the Effort

A Better Score Can Significantly Improve Your Prospects

On a $100,000 mortgage, the difference between an average and excellent credit history can easily add up to $50/month, or $20,000 in interest payments over 30 years.

If you like, print out this How-To and put  reminders in your calendar to help you move from How-To to Done!

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