Living with bad credit can be stressful, embarrassing, and cost you thousands of dollars, fortunately there is help available for people with less than perfect credit histories. There are even many steps you can take on your own towards improving your credit score and credit report. You may have made some mistakes in the past, but everyone deserves a second chance!
Request a Free Credit Report
The United States Federal Trade Commission requires that the three major national credit reporting agencies provide you with a totally free copy of your credit report, when requested, up to once a year. Your credit report consists of a detailed history of past financial activities, loans, credit cards, utility bills, etc. and whether you have made payments to them on time. These reports are maintained by three main agencies: Equifax, Experian, and TransUnion.
The main benefit of requesting a free credit report is that you can check your report for any harmful errors. Credit report errors are usually caused by identity theft, fraud, and mistakes made by the agencies themselves. Also, some information may remain on your credit report longer than it is supposed to, harming your overall credit score. Any of these errors can be reported to the credit agency and corrected.
Talk to a Credit Repair Agency
If, after checking over your credit report, you find that you are still suffering from a poor credit score, you may also consider contacting a credit repair company and requesting a free credit consultation. A good credit repair professionals will know a variety of tricks and tips that can help you boost your overall credit score. They may also be able to make suggestions about things such as debt consolidation and how to maintain your credit score once it has been improved.
A good credit repair agency will leave you with a plan for the future, which you can closely follow to avoid making any future mistakes, which may harm your credit score. The more you know about your credit the more informed your financial decisions will become.