HOW TO REPAIR BAD CREDIT YOURSELf

Try to pay your bills on time. If you have late payments, payments that are 30 or more days late will have a less than desirable effect on your credit rating.

Minimize the number of credit cards you carry. Have your creditors close your accounts and report this status change to all three credit-reporting agencies. Academy Credit: Credit Repair


Try to stay away from, bankruptcies, tax liens (a lien for not paying state or federal income taxes or property taxes) and collections. A bankruptcy stays on your credit report for up to 10 years. Collection accounts and paid tax liens stay on for seven years, and unpaid tax liens will haunt you forever.

Have your creditors reduce the credit limits on your accounts to lower your amount of available credit. The total amount of available credit is considered by lenders even if you owe nothing. Academy Credit: Credit Repair


Request from a family member or friend to co-sign on a small loan or credit card to help you re-establish credit. Make your payments on time.

Get a pre-paid credit card to help re-establish your credit. You will have to keep a certain amount of money in your account that will be sufficient to cover your charges. Make your payments on time.

Get a yearly copy of your credit report to catch any errors.

Please click here to get started on repairing your credit today!