It is possible to repair your credit and there are many different approaches you can take.
The first step is to review your credit file and find out the exact negative items that you have on your report.
Most of the common ones include charge-offs, late payments, collection accounts and bankruptcies.
You want to also be on the lookout for accounts that are on your credit report but do not belong to you.
A good percentage of credit reports are known to contain errors and the only way they can be removed is if you locate them yourself.
Once you have a list of the negative items on your report as well as any errors you want to begin the process of having them deleted from your report.
There are different ways you can do this and the most popular is by challenging them with the credit bureaus.
A challenge is simply the process of writing a letter to the credit bureaus and let them know you are "challenging" that particular entry on your credit report.
Once they receive your letter they will be forced to investigate your claim and they have to come up with evidence that the account is valid and can stay on your report.
This process can be effective in removing negative items from your report because they are not always able to prove the validity of the account and are forced to delete the account.
Another way to have items deleted from your report is to call up the creditor or collection agency and negotiate with them directly.
It is possible to negotiate an amount less than what you owe with the original creditor in exchange for them having the account deleted from your credit report.