Bad Credit Repair - Here Are Free Credit Repair Tips To Help With Bad Credit

If you are reading this article, I am going to assume that you have bad credit and you want to learn about bad credit repair

. Here are some free credit repair tips to help with bad credit.

Your credit report is a history of how you have handled your credit in the past. It gives potential creditors the information they need to evaluate your creditworthiness.

Before you you can get credit from any financial institution or lending agency, they will first check your credit history. If there are negative items on your report, you will find it very difficult to get approved. However, it's possible for you to repair your record.

The first thing you need to do is get your hands on a copy of your credit report. There may be a small fee for the report. However, if you have been denied credit within the past 60 days, and one of the reasons for the denial was due to negative information in your credit report, you have the right to obtain your report at no charge. Also, the law allows you to obtain one free copy of your report annually from each of the three major credit bureaus.

When you receive your report, try to review the report carefully. If you see any errors on your report, make sure to dispute them right away. Send a letter to the credit bureau telling them what information you do not agree with. By law, if you dispute an item, it must be reinvestigated and erased in the event the item is found to be false or unable to be verified.

Send all correspondence via certified mail, return receipt requested. Keep good records of all letters and documents sent. Once the credit bureau receives your letter of dispute, they will then carry out the investigation.

After you have erased the negative entries, it's time to start rebuilding your record. One of the best ways to establish excellent credit fast is to take out a secured bank loan and pay it back promptly. Another proven way to re-establish good credit is to obtain a secured credit card. A secured credit card is backed by money you deposit in a bank account. That account serves as collateral for the card.

Before you begin the process of repairing your report or bad credit repair, it's very important that you read up on self-credit repair. You want to be sure you learn the proper steps you need to take in order to fix your credit successfully. A proven credit repair guide can lead you in the right direction in repairing bad credit.

by: Conleth Onu

POST COMMENT

Unused Credit Cards Subject To Fees Why a Cash Back Reward Credit Card? Who Has the Best Credit Card Reward Program? Student Credit Card Offers, What’s Available Today? Money Back Credit Cards; What You Need to Know How to Get a Zero Balance Transfer Credit Card How to Apply for a secured Credit Card Bad Credit History Credit Card; How to Get One Bad Credit Repair - Here Is Free Credit Repair Information To Help You Repair Your Credit Fast Credit Repair - Simple Ways To Repair Bad Credit Do-it-yourself Credit Repair - You Can Repair Your Credit On Your Own Settle Credit Card Debt Without Getting Ripped Off Credit Card Debt Settlement Can be a Viable Alternative to Bankruptcy