Originally posted 2010-12-12 06:50:42. Republished by Blog Post Promoter

The issue of how to repair your credit has been around seemingly forever, and has remained a very controversial topics both online and off. While most people advocate self help numerous credit repair businesses who come recommended by their clients would seem to suggest that getting outside help may be worthwhile.

Let us leave aside gossip, rumors, and even statistics about successful credit repair businesses. We’ll consider only the facts. You’ve heard that it’s possible to repair your own credit. This is entirely true. Even if you have no experience, you can learn how.

However it’s also true that the task can seem rather daunting. Although it can be done, there are many who would rather hire a company they would rather turn the work over to someone else, saving themselves time and effort.

If you want to know how to repair your credit, here are some simple steps. Once you’ve looked this over, you’ll have the knowledge that will enable you to decide whether to use self-help or use the services of a credit repair agency.

All right let’s go.

Step 1
Order your free credit reports. This is necessary because in most cases you will find that on learning how to repair your credit, and will put you on the road the problem lies in mistakes on your credit report. Call 877-322-8228 or visit AnnualCreditReport dot com.

Step 2
Find a mistakes in your credit report and get to work on getting them deleted. Here’s what you’re looking for – accounts that are not yours, credit cards that are maxed out, and incorrect information of any kind.

Step 3
Draw up dispute letters – one for each credit bureau. It’s very important that you do not dispute too many errors at once, otherwise the bureaus may ignore your letters altogether. You can attach documentation if you have any (copies only). This may improve your odds of the items being deleted.

Step 4
Add positive information to your report that will have a positive impact on your credit history and credit score. Get them reported and entered. Make sure all on time payments are being represented. It’s a good idea to procure a secured credit card as this could improve your balance to credit limit ratio.

Take concrete steps to pay off your debts, especially credit cards. Prioritize your payments so you pay off those debts first, because of the high rates.

Step 5
However, a good and viable option is to seek the help of a trusted credit repair professional as they are experienced in how to repair your credit. This will make your task much easier; all you need to know regarding how to repair your credit, is how you will locate a trustworthy credit repair service.

A few tips are in order; avoid closing paid off credit card accounts; If you do hire a professional agency

be on the lookout for scams; chose only those which have excellent reputation or that come with word-of-mouth recommendation. It would behoove you to inquire with the Ethical Credit Repair Alliance, the “watchdog of credit repair companies.”

Filed under: Debt Collection Articles

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