Bad Credit Repair Plan

By: Ryan

If you have bad credit, it's a good idea to start working to get it fixed now. Regardless if your credit problems are because of mistakes on your credit report, a poor credit history from not paying your bills, or stolen identity, there are several steps you can take to fix your credit. And they do not require you to hire a bad credit repair counselor.

In fact, using a bad credit counselor can hurt you. While they can help you settle debts and get your credit score increased, there will be a notation on your credit report that you used a credit counselor in order to help close out your loans. While this in itself does not have any impact on your credit score, a lender who reviews your credit report will certainly see this as a red flag.

So the first thing to do in order to fix your credit yourself is to get a copy of your credit report. By law, you are entitled to one free copy of your credit report a year from each of the 3 credit reporting agencies; Experian, Equifax, and Trans Union.

Once you receive a copy of your credit report, scan it for potential errors. Chances are you will find some, as 75% of credit reports include false information and 25% include false information that will actually effect your credit score in a negative way.

Once you have identified all of the errors on your credit report, you will then need to outline a bad credit repair plan in order to quickly erase those errors and get a clean credit report. And even if some of the negative credit marks are actually true, there are tricks to get them cleared off your credit report and immediately increase your credit score.

Credit Matters
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