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What can I do if my credit score is below 700?

Welcome to part 2 of our 2 part educational series on Bid Bonds.

In situations where the personal credit is not very good, a credit report should be obtained particularly when obtaining a bid bond. This report should be reviewed carefully for any errors. Any errors can be disputed on-line with all the major credit bureaus. Another easy way to raise your credit score is by reducing your credit balances, but be careful not to close any accounts because this actually may have a negative effect on your credit.

Questions? Contact our bond specialist Tom at 312-878-2372 or email him at [email protected]

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