Learning how to repair credit on your own can be a bit tricky.
There is absolutely nothing that an expensive credit counselor can do that you can't do yourself.
Finding this information, however, might be a challenge.
That's because the credit scoring system is constantly being updated and the information you may find online may be dated.
There are, however, a few fast repair tips that will always work, and they all have to do with removing the negative information from your file.
No matter how much they change the scoring system, negative information will always hurt you.
The easiest way to remove negative information is simply to ask the creditor if they would be willing to do that for you.
If you have been on good terms with them since your incident, they will often forgive you for the bad behavior in the past.
After all, all they want is to keep your business.
If you ask and they turn you down, don't give up.
Try it again until you get a hold of a representative that is willing to lend you a hand.
Your next step is to review your credit file and dispute older items on your report.
By law, the creditor or lender that reported the incident has to be able to prove that you are at fault.
There is a good chance that they will not be able to find the paperwork to support their claim.
As a result, the listing will be removed from your file.
If you just had a new item placed on your report because of a recent incident, try negotiating with your lender.
All they want is their money back, and some will be willing to have the item deleted from your file if you agree to pay them back.
Try negotiating terms that will work for both you and the lender, but just make a promise to pay.
Be sure to get everything in writing as well.