Your credit score will make or break you when it comes to qualifying to buy a home or anythng else for that matter.
You can take steps now to fix or increase your credit score.
Start with your credit report from the three credit bureaus, be sure to get one from each because they all account for your credit worthiness:
Equifax www.equifax.com 800-685-1111
Experian www.experian.com 888-397-3742
Trans Union www.transunion.com 800-888-4213
Once you receive these reports check to make sure the name is spelled correctly, your social security number is recorded properly and your birth date and previous addresses are also correct. This may seem elementary but beleive me these items are found to be wrong all the time and they add items that don't belong to you, affecting your score...
Next, ensure the account numbers are correct - there are a variety of other items to look at: items that may be your spouse prior to your marriage, bankruptcy debts that were wiped off at time of bankruptcy, items that aren't yours. You'll also want to make sure that inquiries made about yoru credit are ones that you authorized.
Dispute the errors by contacting the credit bureaus directly. They will investigate the error with the creditor and report back to you within 30 days. If the item is incorrect they will delete it from the report. If the item is caused by your negligence or late payment it won't be removed... To read the full story see Real Estate News and Views at http://www.michelleallen.us
