subject: Easy Credit Repair - How To Repair Bad Credit Fast [print this page] Do you have credit problems? Are you looking for easy credit repair techniques? If so, this article is for you. You can clean up your credit report if you know how the system works.
Your credit rating can have a huge impact on your life. It will determine how lenders see you, and whether you'll be granted credit or not. Fortunately your credit rating is not permanent. Armed with the right information you can change your credit rating for the better. Here are the steps to repairing your credit.
Obtain A Copy Of Your Credit Report
The first thing you should do is get a copy of your credit report so you know exactly what's on it. You should want to see what information is being distributed about you. You are entitled to a free copy of your report from each of the three credit bureaus every year. Also, if you were turned down for credit because of the information contained in your credit report you can get a copy of your report at no charge, if you request it within 60 days of receiving a denial notice. If not, you'll be charged a fee for the report.
Review Your Credit Report
Once you've obtained your report from the bureau, the next step is to go through it to see what's on it. Examine the report carefully. Go through it line by line. Make a list of errors and inaccurate items you find. With the majority of all credit reports containing some type of errors, odds are not very good that your report contains no errors.
Dispute Incorrect Or Inaccurate Information
Dispute every single item that you believe is incorrect or inaccurate. All you do is write to the credit bureau and tell them what items you believe are incorrect or inaccurate. You have the right to dispute items you don't recognize as being correct. The credit bureaus are required to investigate disputes within a reasonable period of time. If the item cannot be verified, then the bureau must remove that information from your report.
Rebuild Your Credit Rating
After you have erased negative items on your report, it's time to rebuild a good credit record. One effective way to rebuild a good record is to obtain a secured bank loan and pay back promptly. Another proven way to add positive record to your report is to obtain a secured credit card. You can also get department store and gas station charge accounts to help add positive accounts to your report. If you maintain good payment habits, you will be able to establish positive credit references. This will also improve your chances of obtaining other lines of credit in the future.
You can clean up your credit on your own. It is a simple process. But before you begin, it is important that you know the proper steps to take in order to repair your credit correctly. So you need a step by step credit repair guide that shows you exactly how to do it. Once you get a proven guide you simply follow some simple instructions, and repair your credit. You really must repair your credit the proper way.
