Repairing your credit is an active process. Here are some ways to monitor your credit to ensure your scores are moving in the right direction.
1. Check your credit reports on a regular basis to track your progress
No matter where you turn for your credit check-in — your bank, a credit monitoring app, or one of the major consumer credit bureaus, it’s important to keep an eye on your credit. If you find any mistakes or inaccuracies, you need to file a dispute. If your dispute is approved by the credit bureaus, you may see the error corrected as soon as within 30 days, which can help raise your credit scores.
2. Sign up for credit monitoring
Whether you are tracking your credit using a credit monitoring site or you have enlisted the assistance and expertise of a credit specialist, keeping a close eye on your credit is essential. Signing up for credit monitoring can help alert you to important changes in your credit, so that you can check for suspicious activity. Fraudulent activity can weigh down what could be an otherwise good credit score, so it’s important to dispute any details you identify as inaccurate. If the credit bureau rules in your favor, the fraudulent activity will be removed from your credit report, which can help raise your credit scores.
Click here for a list of suggested credit monitoring services.
The Hennigan Realty Group blogs are a collective of information, experience, and expertise of the Hennigan Realty team. We have kept the information shared within the blogs general to provide foundational information that each person can build from. We are aware that everyone's real estate experience is unique and there is not a one-size fits all when it comes to buying or selling property. If you would like to gather more in-depth and specific requirements for your wants and needs, reach out to us directly.