If one has a credit situation which is not as optimal as it probably should be, and he/she is trying to purchase a new house, then the whole and sole objective of doing so is to probably improve the credit scenario. There are a lot of actions that a person can undertake for the improvement of his/her credit situation, but it is also extremely essential to behave realistically.
If the person has been a recent victim to bankruptcy, then the repairing of the credit situation becomes an uphill task. But if he/she has paid his/her outstanding bills regularly, then the credit situation is much under control. The first and foremost step that a person should undertake is the proper and regular payments of all kinds of bills so that he has a clean record regarding the same and can also assess his credit position.
After procuring the credit report, the person should make a careful review of the same. He/she should take necessary steps to eliminate the clauses that are spoiling the basic picture of the credit report and bringing the score down. All types of negative methods can be disputed at those very moments which are totally illegitimate as the person would prefer to use them at the time of settlement of these accounts.
These accounts should be brought under the review and attention of the officers of the credit bureaus. Certified mail is the best way to carry this out post the request of the return receipts. However, one should definitely take care of the fact that he/she does not dispute too many accounts at a particular moment. The maximum number of accounts held under dispute should not be more than four.
After achieving the results of the disputes, one would prefer to move on to the next step to ensure that accounts have not been removed from his/her credit report. The 623 method or the debt validation methods are the most ideal methods for proper service of the accounts.
The advantage of both these situations is that the person has all respective dealings with the account holder and need to prove relevant proofs for their accounts. Failure to produce these reports will lead to cancellation of the process from the credit bureaus.
In case the methods do not enable the person to remove the negative account from the credit report, he/she will be penalized and made to pay for a delete. In this situation, the creditor will remove the account from the credit file for a sum of money. Payment of revolving debt is certainly one of the best methods of improvement of credit score.
This is all part of learning how to fix your credit.
