Keep An Eye On Your Credit Report
First and foremost what you should be doing is have a look at your current credit report that has been given by the three main credit bureaus. You can have a check on any one of the three and see for the damage that has happened in it. If you want to process your credit report there is a fee that needs to be paid to get the report, however, every citizen of America has a right legally under the Fair and Accurate Credit Transactions Act that they can get from all the companies at least one report free of cost every year. You can get one free trial using this trading software. There is a website known as annualcreditreport.com where you can access all each report.
When you are assessing your credit report a fine-tuned checking helps a lot. The amount of money you need to pay for all the accounts should be verified precisely. Have a check on all the payments you have made, whether they have been mentioned underpaid or under outstanding amount. After checking if you find that there is something wrong in the report or some things you are not sure of, you have the right to ask them to make amends by writing the credit agency and contacting them following which you can ask them to do some investigations regarding this. It is recommended by the Federal Trade Commission that the issue should be addressed by writing a letter and sending it through a certified mail, after which you should request for a receipt so that it is acknowledged that the letter has been received by the bureau. If there are issues in the credit report, it is suggested by the FTC that they should be investigated within a thirty days of accepting the request for making any corrections.
Have a look at any inquiries that have happened recently which you have not authorized. When you go for any kind of inquiry regarding credit report for all the accounts, the creditors will keep a note of it in your credit report so that someone by saying your name is not accessing your reports. Check for the latest inquiries and see whether it was you who had accessed it or not. If you find any unauthorized inquiry has happened to inform the bureau straight away. There is a commenting section is provided at the bottom of every credit report generally where the explanation of why the payment for the specific debt has not been done and show any true errors.