Small bills like mobile phone monthly payments may help to enhance your credit rating, and will also indicate that you're well-rounded when it comes to handling different forms of credit. Dispute Any Errors In Your Credit Report If you still haven't seen an exact copy of your actual credit history, get a copy now and analyze it properly. Don t get your credit report from third-party agencies, because chances are you could be disputing errors or flaws that don t even exist. According to the US Fair Credit Reporting Act (FCRA), the major credit agencies are responsible for correcting or reducing any flaws and errors in their credit reports. Because you agreed to co-sign, if the other person is late in making payments, your credit report will get a major blow in credibility. Co-signing also means that the individual you were co-sign for was not able to get the loan without your signature. Always be wary of co-signing a loan, especially if you cannot guarantee that the person will be able to pay his or her payments on time. Should you spot any inconsistency or discrepancy in your report, this should be removed or erased immediately. Keep Off Any Overdraft Fees To steer clear of overdraft fees, always make it a habit to balance your checkbook against your monthly statements, and always keep records of the items you purchase, or the services you ve availed of. Once you see any errors, dispute those figures, and have them corrected or removed within thirty days. While your creditors may look like heartless individuals, the truth is that they are not your enemies. Creditors are in business because they earn a profit from their lending services, and if you don t pay your debts, the creditor will also feel the pinch, and his bottom line gets hurt as well. When evaluating this section, find out if you see any clues about how your company uses credit, and find out whether your company' has a number of assets put up as collateral on existing loans, or if your business has a large number of relationships with other business, to determine whether your business may be overextended.