One of the basic necessities of life is having a roof over one's head.
However, there is a big difference in living in a rented house and being a landlord in one's own house - you never have to bother about paying rents.
But how do you talk a mortgage firm or a bank into borrowing you money to purchase a home? Well, the most important language a lender will understand is a good credit score.
This is in addition to you having a consistent source of income that will guarantee repaying the loan.
But in case you have a sore score, you can take some measures to jack up your points so as to increase your chances of credit approval.
There are two different but equally effective methods you can use to make the points increase: the self-help restoration method, and the repair services agency method.
If you choose the agency repair method to help you restore a good rating to your profile and also increase your points, then you need not bother about the tasks ahead.
The reason is the agency will handle everything for you from start to finish.
On the other hand, a self-help restoration method requires you to learn the process of deleting negative accounts from your file and at the same time raising your score.
Determine the negative and mistakenly reported accounts that you need to delete from your file.
Dispute them with the bureaus using the dispute letter tool.
Your purpose in disputing accounts is to get them deleted from your file, and if the reporting agency does not conclude investigation of the account at the end of the 30 days required to do so from reception of your letter, then they must proceed to delete such account.
While this is the beginning steps of improving your credit rating, you also want to begin the task or re-establishing a good history as well.
You can best do this by getting a card that specializes in helping people that want to rebuild their credit scores.