Your credit report is an important decision of creditors to approve or deny a loan or credit card factor. The report is a history of your credit activity and your credit score is based on the report. You can improve a credit report contains negative entries. It can take up to one year of responsible behaviour to see positive results.

Get a free credit report. The three credit reporting agencies, Equifax, TransUnion and Experian, must provide a free report once a year. You can get three.

Make sure the information in your report is accurate. Errors can range from a misspelt name to the records of debts you never incurred. The FTC advises that you write to the credit reporting agency to dispute incorrect entries. Send your letter with copies of supporting documents, if available. The office will investigate the matter within 30 days. Your credit score may improve after inaccurate data have been adjusted or removed.

Pay your bills on time. Late payment will show on your credit report, lowering your credit score and reduce its attractiveness to potential creditors and employers. However, if you start making payments when due, your score will improve over time.

Do the current delinquent accounts. By law, creditors are required to report accounts that are 30 days from the date of payment. If you are having difficulty making payments, call the creditor and arrange for lower payments or a more convenient payment date.

Avoid closing credit lines in an effort to improve your score. Closing accounts the amount of credit available to you and your credit-debt ratio is reduced will be increased, which can hurt your score.

Keep old credit lines. Older lines of credit give a higher credit history. Closing an old credit line, even if you do not use it, shorten your credit history and make their debt look worse.

Avoid opening several new lines of credit in a short period of time. Doing so will reduce your credit score and creditors can interpret it as a desperate need for money.