With credit cards and debt on the increase it is worth knowing how to improve your credit report.

Whenever you apply for a credit card your credit report will be looked at, if you have made late payments or missed payments completely this will appear on your credit report.

If you have missed numerous payments or defaulted often this will have an effect on your application for a credit card. The lender you have decided to go with may refuse you or offer you a credit card with high interest rates.

To truly improve your credit report you need to start making payments on time to your other creditors, your credit report can look better after six month and improve your chances of getting the card you want.

There are certain companies who claim to offer credit repair, none of these companies have the authority to access and amend your credit file in anyway so save your money and pay your bills on time.

If you have experienced rejection from a certain lender you can always ask them the reason they refused this can offer insight to where there may be a problem.