Over the years, more and more people have focused on personal credit records. Many friends find their credit reports to contain undesirable records that require improvement measures. So, how do you restore your personal credit records? These little practical tricks down here might help you

How can letters be restored? These techniques help you repair the letters

**1. Record of overdue payments**

If you fail to pay on time after applying for a loan or credit card, the credit report leaves an overdue record. It is important to remember that this is not related to the amount of the overdue amount and that, whenever there is an overdue act, the records are reported to the letter-and-call body. In such cases, the arrears must be settled as soon as possible. The late record would be retained for five years after the payment of the arrears and automatically deleted. Until then, your credit records will be restored。

**2. Intensified credit search records**

Frequent loan applications and credit card approvals can lead to extensive search records on individual credit reports. These records may make the report look “freighty”, i.e., too many queries, which may be considered credit problems by some financial institutions. At this point, it would be best to suspend lending or card processing for at least six months to allow credit reports to “cool” because lending institutions value credit performance for nearly six months。

**3. High debt ratio**

IF YOU APPLY FOR LOANS OR CREDIT CARDS ON A REGULAR BASIS AND APPLY FOR THE NEXT ONE FOR EACH OUTSTANDING LOAN, THE LEVEL OF PERSONAL LIABILITIES INCREASES. A HIGH RATE OF INDEBTEDNESS REDUCES THE PROBABILITY OF APPROVAL OF LOANS. TO IMPROVE THE SITUATION, IT WAS IMPORTANT TO REDUCE THE DEBT RATIO BY PAYING OFF SOME OF THE LOANS IN ADVANCE. IN GENERAL, THE CONTROL OF THE DEBT RATIO WITHIN 50% IS MORE IN LINE WITH THE REQUIREMENTS OF THE LENDING INSTITUTION AND EASIER TO PASS THROUGH。

**.4. Misrecords**

Sometimes there may be errors in information on credit reports, such as filling errors, data entry errors, etc. If an error is found, the application may be challenged with a loan institution or a letter centre and a correction may be requested. In addition to taking care of yourself, you can entrust an application to an agent. As long as the record does not correspond to the facts, the wrong information is corrected。

These are specific steps to restore credit records. Since the situation of each individual is different, so are the solutions. Choose the most effective way to return credit records to normal at an early date, based on their own realities。