Delray Beach, FL (PRLEAK) October 12, 2009 – Nothing could be worse than having a credit score with errors that could cost you a lot. A leading fraud protection company, NationalCreditReport.com, brings this to light and offers consumers some great tips to improve their credit scores, especially after bankruptcy. The website also provides consumers with tips on how to remove errors from their credit reports.

The most important thing is to pay bills on time and as far as possible the full amount. Paying the minimum required is also better than not paying at all, which could significantly hurt your credit score. Credit cards that are not in use need not be closed altogether, since closing accounts with a zero-balance has an adverse effect on credit scores. Ideally, a balance of thirty percent of the total credit should be maintained. Any errors in your credit report ought to be dealt with immediately, which will save you from further damage. Consumers are advised not to apply for several credit card offers at a time. Every time creditors seek information on your credit report, your credit score is affected. Moreover, credit companies will reject your application as they might be under the impression that you want increase your debt.

According to the Fair Credit Reporting Act (FCRA), consumers have a right to dispute inaccurate credit reports. The credit repository as well as the party that provides information to the repository are responsible for correcting errors on credit reports. Samuel S. Ambrose, NationalCreditReport.com\'s Vice President of Marketing & Operations advises consumers that are concerned about their credit scores to go ahead and get a free copy of their credit report from NationalCreditReport.com. Consumers need to also be aware of the fact that it can take seven years for Chapter 13 bankruptcy to be removed from credit reports, while it could take 10 years for a Chapter 7 bankruptcy. It is therefore important for consumers to understand the details of their credit score and maintain a clean report so that financial institutions don't form a negative opinion about them. Ambrose's advice for consumers is to stick to a budget after they file for bankruptcy. With a little bit of discipline, credit scores can be gradually built up over time. To learn how to protect your credit score and your identity log on to www.NationalCreditReport.com. This information will help consumers when they apply for car loans, mortgages, and refinancing options.


About NationalCreditReport.com
NationalCreditReport.com specializes in credit reporting, credit monitoring, and other identity theft and credit fraud protection services. Since its inception in 2004, the company aims to help consumers understand their credit scores better, by providing a variety of credit information.