Do it Yourself Credit Repair in 6 Steps
The do it yourself credit repair approach is a good one. Not only will can you save hundreds, or even thousands of dollars in credit counseling fees, but you can actually see better results. There's not much a credit counselor can offer to do that you can't do completely on your own. It's just a matter of knowing the system and how to manipulate it.
The strategies counselors use to help people build, restore or maintain credit is nothing difficult. It is just that there is not much education on the exact steps to take in order to see results. That makes credit counseling a pretty specialized service, which means they can charge high rates.
But once you know the inside secrets to credit repair that they do not like being leaked out to the average layperson, it's a whole different game. You'll realize just how easy it is and you'll be glad you decided to take the do it yourself credit repair approach.
In its simplicity, the entire process to build and repair credit is to:
Most of these items can be preformed right now and completed in just a couple hours. For instance, you can immediately build positive information by calling your credit card companies and asking for an increase on your spending limit. This will improve your debt ration and immediately increase your credit score.
Disputing negative items does not take much of your time, but it can take up to 30 days to receive a response and see results. But when you know the secrets to removing negative items from your file, you can quickly turn a bad credit report to a near perfect score.
The strategies counselors use to help people build, restore or maintain credit is nothing difficult. It is just that there is not much education on the exact steps to take in order to see results. That makes credit counseling a pretty specialized service, which means they can charge high rates.
But once you know the inside secrets to credit repair that they do not like being leaked out to the average layperson, it's a whole different game. You'll realize just how easy it is and you'll be glad you decided to take the do it yourself credit repair approach.
In its simplicity, the entire process to build and repair credit is to:
- Order copies of your credit reports from all three reporting agencies.
- Review the files for errors.
- Find the instances that are affecting your score in a negative way
- Look for opportunities to add positive information to your file
- Dispute negative items to get them removed - even if they are accurate
- Build positive information.
Most of these items can be preformed right now and completed in just a couple hours. For instance, you can immediately build positive information by calling your credit card companies and asking for an increase on your spending limit. This will improve your debt ration and immediately increase your credit score.
Disputing negative items does not take much of your time, but it can take up to 30 days to receive a response and see results. But when you know the secrets to removing negative items from your file, you can quickly turn a bad credit report to a near perfect score.
