Credit Fix

Your credit sucks and you need a credit fix. You got yourself into this mess and you will have to make some sacrifices to get yourself out. Don't think you can go on spending as you have in the past and at the same time get your credit fix. It just won't happen.

The first thing you must do is get a copy of your credit report. By law this must be made available to you once a year at no cost. You just have to request your free copy.

As soon as you receive this report check it over very carefully and be sure there are no negative items such as late payments, judgements against you or other detrimental items that you have already cleared up through the credit repair process. If you find any of these then contact the credit reporting agencies, there are three main ones, and have your report updated and have your credit score upgraded. Also be sure no one has used your name to open a charge account or obtain other credit accounts. With today's identity theft this is one thing you must check and clear up immediately.

If you have a missed payment reported by someone you have dealt with for a long period of time then contact this creditor and make a goodwill request. Let the creditor know that you have dealt with them for a long period of time and you missed or were late on a few payments because of a job loss or illness, or other factors. And make arrangements to get your account up to date in return for them removing their poor report from your credit agency.

This part is what will be the hardest to deal with but, if you are serious about your credit fix, you will follow this advise. Do what ever is necessary to reduce your debt. By doing what is necessary, I mean: sell off any valuables you really don't need. Got two TV's? Sell one. Got two cars? Get by with one. Got jewelry, video games, anything else of value that you really don't need? Sell them. Learn to determine what you really need from what you want and you can use this to help your credit score.

Now take the money you get from these unnecessary items and put it against your debts. First get up to date with any delinquent accounts and then begin paying off the debts with the highest interest rates. Hard to do? You bet. But if you are really determined in a credit fix you will bite the bullet and do what is necessary. The end results will be worth it.