Once you get a small business loan, learn to manage your debt. Always make it a point to make timely, as well as monthly, paytments to your lenders, so that your business credit profile remains active and maintains its high score. In addition, remember to keep your total debt ratio nothing more than 30%, since this will help lessen your businesses' overall debt exposure, and will ensure that you remain favorable in the eyes of prospective lenders. In sending disputes by mail, find the agency s official mailing address, which is usually located near the end of your report, and include your name and address, report number, as well as the account numbers you re disputing. Once you receive a copy of your credit report from any agency, the agency is normally given 45 days to send the results of your dispute. It features a three-digit grade , which reflects a person's credit worthiness to potential creditors, banks, insurance companies, mortgage companies and even employers. The higher your score, the greater will be your chances of availing credit. Here's how to control your debts, and boost your credit score. The habit of continually missing on payments, or making late payments, gives your creditors an indication that you may do the same in the future, and so this greatly reduces your chances of availing loans from creditors in the future. Always ensure that you never miss bill or loan payments, to maintain a high credit score. 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. Ask For Credit Reports From The 3 Major Credit Bureaus The next step would be to request for credit report from the 3 major credit bureaus, since you won t be charged with any fees. However, because you re only allowed one company per year, order them on a staggered basis throughout the year instead.