How To Fix Bad Credit
I’ve have been asked from time to time about the legitimacy of credit repair, does it really work, can I do it myself, should I hire someone, things of that nature.
Let’s start by saying that repairing your credit report is becoming increasingly important. As the cost of financing begins to rise, the added cost of having poor credit compounds the amount you must pay, leaving less and less discretionary income. In addition, other services (car insurance, home owners and renters insurance to name a few) are looking at your credit report and charging you accordingly.
Knowing this makes it crucial to fix bad credit as soon as you can. Credit repair does work! It’s that simple. Whether you choose to do it yourself or hire a company it is worth doing.
The steps you must take will be determined by what is on your credit report. If you are dealing with late payments, public records like tax liens or a bankruptcy, you will need to deal with the credit bureaus.
If you are dealing with debt collections you will probably need to address both the credit bureaus and the debt collection companies.
Here is a video which details what to do in dealing with the credit bureaus. These are the first steps you should take.
Of course there are many other issues in rebuilding a credit profile and improving your credit scores. Due to the increasingly complex nature of a credit report, I do recommend hiring a credit specialist even if it is just for a short time. Get their expertise on what a top notch credit report should look like and their advice on how to achieve this. Many companies will give you that information for free before you commit to purchasing their program. PLEASE SHARE