Understanding your credit report and credit history

First things first, if you don't already have a copy of your credit report, go to AnnualCreditReport.com and request a copy. You are legally entitled to order 1 free copy of your own credit report every 12 months.

Once you have your copy, examine it carefully to ensure that all information is accurate. It is not uncommon for credit reports to contain errors. If any mistakes are found, be sure to contact the relevant credit reporting agency to have them corrected.

Your credit report is what all companies base their credit score on. If you have any unpaid debts, be sure to pay these off as soon as possible, or at least come to an arrangement with your creditor. If you can, also borrow some small amounts and pay them off quickly, this will also improve your credit rating with many companies.

Further information, tips and resources can be found at Free Annual Credit Report