Need To Fix Bad Credit? BR BRMany people with bad credit have more then likely heard of credit repair but many are unsure what it actually is or how to go about doing it for themselves. Well keep reading because this article will give you a brief overview of what credit repair is and how you can do it yourself. BR BRWhat Is Credit Repair? BR BRCredit repair is a process that involves getting negative items removed from your credit report to help boost your credit scores. But what most people do not realize is that fixing your credit the right way also involves rebuilding your credit using proven methods to quickly add good trade lines to your credit report to replace the bad ones you get removed. BR BRHow Can I Repair My Credit Myself? BR BRTo repair your own credit you first have to get a copy of your credit report, these can easily be purchased online for instant access. The next step is to look your report over and make a list of any accounts with negative activity on them. Listed below are some of the negative information you will be looking for: BR BR Late payments BR Charged Off Accounts BR Collection Accounts BR Bankruptcies BR Judgments BR BRWhat To Do Once You Find These Accounts BR BRAccording to the Fair Credit Reporting Act put into law by the Federal Government the credit bureaus must investigate any and all disputes that consumers make about information on their credit reports. Take advantage of this law and write a credit dispute letter for each of the negative accounts you find. Send them in via certified mail two at a time starting with the oldest accounts first. The bureaus will ask the original account issuer to verify the negative information they are reporting about you, if they are unable to confirm, the item must be removed. You will receive a reply within 45 days letting you know if the items have been removed. BR BRHow Can I Quickly Add Good Credit To My Report BR BRThe best way to have good credit accounts listed on your credit report is to make use of secured credit cards and rent to own centers. The secured credit card is backed up by a small deposit you make with the issuing lender, normally $250-$500 dollars. The deposit is the same as the limit of your account and it protects the lender in the event you default on your payments. Because it is backed up by cash approval is almost guaranteed. BR BRRent to own centers on the other hand will let you buy household items on credit for higher then normal interest rates. They do report on your credit report and are easy to get approved for. It is recommended to not spend over $500 dollars in these stores and pay your account off within 12 months. br

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