The credit report is very important to get the loan sanctioned and is the determining factor for the interest rate. Clean credit report always helps you to get the loan on less interest rate. The credit report is like your report card when it comes to loan. You can get clean credit report by following the steps mentioned below:
The major weightage in the score report is given to the timeliness of clearing the outstanding balance. This accounts for 35% of the total score. To clean the report you should pay the outstanding debt of every month on or before due date. This will increase your credit score very quickly. Manage your debt well.
cash loan without bank account, fast cash loans without bank account, fast cash payday loans, The accounts history also has a weight in the score. The age of your account is directly proportional to your credit score that means the old the account good for your score. You should keep in mind that does not use more than 35% of your credit limit. This will help you to maintain the credit accounts well and you also get the added score for the same. You can ask a person with good score, who trusts on you to add you as authorized person in his/her credit card account. This detail will also shown in your credit score is good for your report. You should have mix of credit. It accounts 10% of your score. For example you can have auto loan, home loan and the credit card debt. A word of caution you have to manage all well to get the score right. Keep verifying the details in your card report. You are entitled to get a free copy of score report once in a year from all the three major giving firms in United States of America. Register the dispute for any misinformation in your credit score. The credit score giving firm will rectify their mistake in a month. Keep in the mind that dispute should be registered using the written medium let it be e-mail or post.