Credit Repair FAQ

You would probably be surprised at how many people have a credit report that is hampering their credit worthiness. In fact, surveys have shown that approximately 7 out of 10 people have negative entries on their reports. Many people wonder how they can repair their own credit without having to resort to paying an attorney a large sum of money. They know that poor credit can affect our buying decisions for years to come. It’s difficult, if not impossible to buy a house or a car with poor credit.

You will have a hard time getting approved for any more credit cards, and that less than perfect credit report could very well stop you from getting that job promotion you have been coveting. You did know that employers check your credit history whenever you apply for a job, right?

Below you will find some of the most common questions (and answers!) that people like you are asking about how to repair their credit.

Can these so called ‘credit repair companies’ do what they claim they can do?

These claims are quite tempting, especially when your credit rating has dropped to a new low. In truth, everything that you would pay a credit repair company to do for you, you can do for yourself. The information that they claim no one can give you but their company is in fact available for free on the Web! Also, you must be careful as some of these outfits are scam artists. If they ask you for money up front, RUN, don’t walk… run far, far away!

If I pay off my old past due bills in full, are they removed from my credit report?

You are definitely doing the right thing by paying off your past due bills, but your credit report is going to carry that information until you request that the credit bureau updates your credit history.

Can I add positive information to my credit report and help to raise my credit score?

This is one of the best things you can do to help to build a top notch recent credit history, which is important in building your credit back up again. There is no credit repair company in the world that can help you get recent credit! The easiest way to do this is to get one or more secured credit cards and make sure to pay them on time and in full every month.

It is easier to repair your credit than you think. Any other question you may have can be answered by doing your homework on credit repair.

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