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If you have amassed a rocky credit history and if you are burdened with a low credit score

How to Add Information to Demonstrate Stability

Dealing with bad credit can be a difficult task.  However, if you understand some of the things that you need to do in order to deal with your bad credit, it all becomes a manageable task.  One step that you can take in regard to dealing with bad credit is adding information to your credit report that will allow you the ability to demonstrate your stability.

Understanding Your Legal Rights

Under the laws that are in place at this point in time, you have the right to place certain commentary and information onto your credit report.  In this regard, you can place certain commentary and information on to your credit report in order to demonstrate that you now have more financial stability in your life.

There are some helpful and easy to understand handbooks that are available today that can assist you in better understanding your rights when it comes to dealing with bad credit issues and your credit report.  You would be well served taking the time to review these handbooks to make certain that you know what all of your rights are and how you can go about enforcing your rights today and into the future.


Preparing Your Information for Your Credit Report

When it comes to preparing information to be placed as commentary on your credit report in regard to information and data that is contained on that report, it is necessary for you to come up with a short and sweet way for you to convey this information in your credit report statements.  You should avoid attacking the creditor.  Rather, you should calmly set forth the specific information -- just the facts, as they say -- in regard to why you dispute of challenge certain information that is contained in the credit report, in regard to a particular credit report entry.  In addition, you might want to explain your own set of circumstances in regard to bad credit marks on your credit report.

By way of example, let us assume for a moment that you had serious health problems.  As a result, you not only racked up medical bills -- some of which remain unpaid -- but you were out of work for an extended period of time.  As a result, you were not able to keep your other credit accounts current.

This explanation may in fact be helpful to a creditor from which you are seeking some sort of financing.  It might be valuable to a landlord that you are seeking to rent from.  In other words, it can provide a valid and understandable explanation as to why your credit history, your credit score and your credit report are not pristine at the present time.  You can make it clear that the bad credit marks on your report are the result of isolated problems and not an ongoing pattern of behavior.