Your credit history makes up 35% of your credit score. It is more important than any other factor that makes up your score, so it is important you know how to fix your credit history. Your credit history pertains to your payment history with your creditors. This includes whether you have been late or on time over the past several years.

Late payments, collections, charge offs, judgments, and bankruptcies all fall under this category. This means one 30-day late payment can ruin 35% of your credit score and make it impossible to get a loan. These negative items usually stay on your credit report for up to 7 years unless you do something about them.

Every consumer has the right to dispute negative items on their on credit report. The Fair Credit Reporting Act states any item that is inaccurate can be disputed and removed from your credit report. These means the credit bureaus have 30 days to verify any disputed item or it must be removed. This enables everyone the chance to fix their credit histories and improve their credit scores.

You can do this on your own by drafting a dispute letter taken from these sample dispute letters. You can mail it to the three credit bureaus and wait for the results. You can also hire a credit repair service to do the disputing for you. Lexington Law is the biggest and most experienced credit repair company in the nation and is recommended if you go this route.

So today get your credit reports and fix your bad credit history, so that tomorrow you can get the loan you need.