How Do I Fix My Credit History
When applying for any type of finance, especially a mortgage, your lender will look at your credit history. As an experienced mortgage broker on the The Sunshine Coast, we can recommend the below tips to help improve your credit score or 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
We enjoy helping people find solutions to problems that prevent them from buying the property they want. Contact us if you need advice.