Review your credit card!

Reporting agencies are businesses that collect and store our personal financial records, such as payment history, credit problems in the past, and the financial situation. E 'is used by lenders to get our qualifications before making a decision on our request for credit facilities, such as loans, mortgages, credit cards, etc. Rate

This helps companies with an element of risk management to ensure that no credit facilities to personsIt is unlikely or unable to pay its debts. The three major credit bureaus Equifax, Experian and TransUnion. Each of these can keep a file on you.

However, these offices will contribute not only to lenders, in addition to reporting to consumers. It's always a good idea to check the report at least every 12 months. Here's how:

First, you should visit the credit information company, where you can order your report.You have to give them some personal information, and it is possible for a small fee. Once the report, please take the time to search through information and research facilities of any inaccuracies or incorrect entries. Unfortunately, sometimes it's important to be promptly corrected. The office will tell you how to fight the record, but usually a short form.

Then you should contact the creditor regarding the voice. For example, American Express. AskTo correct the record and explain why you think this is wrong. The Fair Credit Reporting and Fair Credit Billing laws require that creditors have to respond to your requests, but not a change of state. After this initial process, you should check your credit again after 90 days. This usually solves the problem, but if you have the right to the consumer than 100 words in all future reports should comment on. You can readLearn how to repair the claim [http://www.think-creditcards.com/repair-my--crédit rating.html] here.