Clean Up Your Credit History
Tips for cleaning up your credit history
- Pay bills on time: you can improve your credit record by using credit more often and paying the bills on time, so that the on-time payments outweigh any indiscretions.
- Set up a direct debit with your bank so that your credit card and other bills are paid before the due date.
- Reduce any unnecessarily large credit limits you may have.
- Clear up any disputed records: your credit report includes instances when a lender or credit provider unsuccessfully tried to contact you and reported you as a missing debtor.
To check what’s on your credit file obtain a free copy of your report at www.mycreditfile.com.au