subject: Fix Bad Credit - What You Need to Know Before You Start Fixing Your Credit [print this page] Fix Bad Credit - What You Need to Know Before You Start Fixing Your Credit
It's easy to ignore the problems that are created by a low credit rating. Thinking about your credit history isn't something many people do every day. At some point it will become obvious that the poor credit score is stopping you moving forward. For me the moment I understood I required to fix my credit score came when I attempted to get a loan for car.
Having a bad credit score makes it very hard to obtain a loan. The issue is even though you possess a decent score and you can get approved for one you likely to pay much more in interest. I didn't think an additional 2% in interest resulted in much until Used to do the math. Well it will, it may mean thousands of extra dollars.
First of all, I did when I began to fix my credit score ended up being to get copies of my credit file. Do that free of charge at the www.annualcreditreport.com website. You will still need to order your credit scores from the credit agencies. I would suggest ordering just one score in order to save some cash. While each score changes each and every bureau they should be very close.
Often there will be mistakes on your credit reports. When I began to fix my credit I noticed several mistakes. These errors brings down your credit ratings. What you need to do is locate these errors and file a dispute with the credit agency. If it cannot be proved these items are correct they must be taken off your credit reports.
This method can be very involved especially if you're dealing with multiple errors at different credit agencies. Keep in your mind this isn't an easy option and it'll take some time and dedication. One alternative is by using the expertise of a credit repair company. They handle the disputes for you. Keep in your mind they cannot do anything you canrrrt do for yourself.
