If you notice errors on your credit report, be sure to notify the reporting agency.

If you notice errors on your credit report, be sure to notify the reporting agency.
and lender in writing. .

.. IMPORTANT: Familiarize yourself with the statute of limitations on debts (see.
http://credit.about.com/od/debtcollection/a/soflimitations.htm ). On past due.
accounts that are well within the statue of limitations, contact creditors and.
negotiate new payment terms. You can also get late fees waived if you show an.
honest effort to pay your bills down. The idea is to have every account on your.
credit report to read “current” or “paid”, and make at least the minimum payments.
for those accounts on a timely basis. Most creditors prefer to get a payment rather.
than having to charge off an account or pay a debt collector..
.. If debt collectors are calling you, familiarize yourself with the rules they must.
follow. Check out http://credit.about.com/od/debtcollection/a/collectionlaw.htm . .