Monday, March 05, 2007

Here's How You Can Wipe Out Bad Credit Yourself

Most people believe that they need the help of a credit professional to bring their credit back to good standing. While a credit consultant's assistance can be helpful it is quite simple to repair your own credit.

With the right information you can erase bad credit and establish a good credit record. There are many excellent ebooks that deal with do-it-yourself credit repair. It's a good idea to check out a few of these credit repair guides.

To repair your credit, you need to find out what your credit report says about you. Order your credit report from the credit reporting agency. Once you receive your report, examine it carefully. Write down anything that is incomplete, inaccurate or just wrong.

If you find any incorrect information you have the right to dispute it. The credit reporting agency then must investigate and correct it or delete it entirely from your report.

After their investigation they must send you an updated copy of your credit report. If you do not agree with the outcome of an investigation you are entitled to add a consumer statement of one hundred words or less.

After getting rid of the bad items on your credit report you need to add positive credit information.

Before you begin the process of repairing your credit report, it is important that you read up on self-credit repair. There are many resources available that will help you learn more about how to erase bad credit and rebuild good credit. So be sure to get more information before you begin the process.

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