Improve Your Credit Scores with These 3 Tips

You’re not alone in wanting to erase negative credit from your report. Many others find themselves in this same difficult position. Each year, thousands of people spend literally millions of dollars on credit repair services or agencies because they simply assumed it would be too difficult to do it themselves.

Yet, despite what such services and agencies would have you believe, it’s very much possible for you to repair your credit yourself – and at no great cost. In fact, you may actually be able to do better than a traditional credit repair clinic because only you have the authority to add positive credit marks to your report over time (I’ll explain this better in a minute).

Here, in a nutshell, are the 3 major steps you can take to repair your credit history yourself:

1) Obtain A Copy Of Your Credit Report

Every 12 months, you are entitled (by law) to a free copy of your credit report. You can request your report from annualcreditreport.com, call 1-877-322-8228, or fill out their request form and mail it to Annual Credit Report Request Service, P.O. Box 105281, Atlanta, GA 30348-5281.

Once you receive your report, go through it and write down every negative item you want to dispute. Oftentimes, your report will contain mistakes, out-dated information, and even completely false blemishes on your record.

2) Dispute Mistakes And Out-Dated Information

Write a simple dispute letter informing the credit bureaus of specific marks you wish to dispute. Keep it short and to the point. You’ll also want to send with your letter copies of documents that support your claims. Once the credit reporting agency investigates, they will either be unable to verify and remove the negative credit mark. Or, they will verify the item.

3) Supplement Your Credit Report With Positive Information

This is where you can outshine and outperform even the most prominent credit repair services. You can add positive marks to your report over time. By simply getting a secured credit card, gas or department store cards, or a small installment loan and paying them on time, you can build up a good recent credit history.

In summary, it’s definitely worth taking the time to follow these guidelines and to learn how to erase negative credit from your report yourself. After all, it is your credit history at stake.