Thread: Tips for Cleaning Up Your Credit Report

Many people have some form of bad credit. Negative items on your credit report can result in a higher cost of borrowing to you (interest rate) or even lower your chances for obtaining financing. However, bad credit is not the end of the world. There are even a few things you can do to clean [...]

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I did this and discovered two collections on my credit report that were still showing as unpaid, even though I paid them several years ago. After I got them cleared from my credit report my score went up by several points. Definitely do this if you haven't done it already.

It's true that inaccuracies on your credit report can harm your credit score. Here are some tips for UK readers wanting to correct any inaccuracies. I realise these will be different to the US.

1) Credit Agreements and Credit Searches - Contact the relevant lender to change or remove details. The will then update the credit reference agencies.

2) Court judgments - If you feel that a judgment has been recorded against you inaccurately contact your local county court. They will update thier records and the credit reference agencies.

3) Bankruptcies - If your bankruptcy is anulled or you have been discharged, send a copy of your Annulment Certificate or Order of Discharge to the credit reference agencies direct.

4) Electoral roll - Contact your local authority to register on the voters roll. Not being named at your current address can decrease your credit score but is one of the easiest things to fix. To find your local authority, follow this link:

Directgov: Apply to register on the electoral roll

Actually I think all your tips apply for US folks as well, credit-one. Thanks for sharing!

I like your tips..

A very interesting read, and found that a financial advisor that i found online helped me out greatly.