The growing industry of financial advisors and debt settlement agencies can make some people think that credit repair is something only an expert can do. This is not true. Credit repair is very much a do-it-yourself process. We will help you come up with a 3 step plan for repairing credit without the help of a financial advisor.
- Get a credit report
The first step in repairing your own credit score is to figure out what your credit is and whether or not it is accurate. There are several agencies that will provide you with a free credit report. A credit report is a record of your financial history. It includes things like the accounts you have, your missed payments, your timely payments, bankruptcies and debt settlements. These are the factors that determine your credit score.
It is important to check this report for errors.