| Repairing your credit is not too difficult if you know | | | | Make sure that they agree to report to the credit |
| exactly what to do. There are so many companies | | | | reporting agencies that you have brought your account |
| that make millions of dollars from people who do now | | | | up to date by making lower monthly payments. Some |
| know that they can do exactly the same things credit | | | | creditors will report that the difference between your |
| repair companies charge hundreds of dollars to do. | | | | original monthly payment and your new lower payment |
| Here are ten things you can do right now to help you | | | | is delinquent. So make sure you get them to agree |
| repair your credit: | | | | that you are not delinquent on your payments by |
| 1. Get a free copy of your credit report by contacting | | | | making lower monthly payments. |
| the three credit reporting agencies. | | | | 7. Make sure they are reporting the payments you are |
| 2. Check your credit report for inaccuracies. It has | | | | making on time to the three major credit reporting |
| been documented that over 75% of credit reports | | | | agencies. |
| have the kind of inaccurate information that could | | | | 8. Know your rights and your creditors' obligations |
| negatively impact a credit score. | | | | under the law. By knowing this information you will be |
| 3. Write your creditors to dispute any discrepancies | | | | empowered to repair your credit without having |
| you find on your credit report. | | | | creditors harass you or neglect to do their duties under |
| 4. Make sure you keep accurate records of all your | | | | the fair credit reporting act. |
| correspondence with all your creditors. | | | | The truth is that you can repair your credit yourself if |
| 5. When you send out any letters or documents make | | | | you know what to do. According to the Federal Trade |
| sure you are sending them with delivery confirmation. | | | | Commission, consumers can do exactly the same |
| 6. Prepare a budget to help you better manage your | | | | things credit repair companies charge a lot of money |
| finances. Contact your creditors to negotiate lower | | | | to do. You can start that process of repairing your |
| monthly payments for on your outstanding debts. | | | | credit if you follow the six steps outlines above. |