Skip to Content

There are many factors that go into calculating your credit score, including your payment history, the length of your credit history, and the types of credit you use. As a result, your score accounts for both positive and negative credit information. While late payments will lower your credit score, establishing a good track record of payments will improve your score.

The first step in improving your credit score is requesting your credit report. In this video, a financial advisor explains how to request your report from the major three credit bureaus. He also explains how to clear up any errors on your report by sending a letter.