Key To Repairing Credit
The key to repairing credit is to highlight any deliquent accounts or any accounts that are past the credit limit. These are the two single biggest factors to your credit score. At this point, the first step in how to repair credit is to make sure all information is accurate. Be ready to dispute charges and incorrect information. After that, handle all past due accounts, bring all debts to ‘current’ or ‘paid’ status; a late account will make a huge dent in your credit score. The next important thing is to bring any over-limit accounts back under the limit. Credit bureaus track something called your credit utilization – the amount of debt you have out of the line of credit issued to you.