Here are some sure-fire solutions to ' repair bad credit '. Keep in mind, like most ‘diseases,’ credit repair can take some time, but complete healing is possible.

1. Stop using your credit cards immediately. Put them somewhere where they will not tempt you. You may consider keeping at least one card for emergency purposes. Additionally, with poor credit, you may find it more difficult to get a credit card in the future. If you keep at least one account open, then you won’t have to worry about applying.

2. Be Honest With Yourself. Taking a good hard look at your financial situation, particularly if it isn’t good, can be very difficult. Yet, to get out debt you have to fully understand what the situation is.

3. Find the Errors. Believe it or not, up to 40% of all credit reports have errors in them. If you find that your credit report shows something that is not true, you need to write to them with all the details. Be sure to use certified mail so that you can keep track of who you wrote to, when you wrote, and who received the mail on the credit bureau’s end. Then ask the credit bureau to send a corrected report to anyone who has requested a report on you in the last 6 months.

4. Find the Omissions. By law, you are allowed to add information to your report that you believe will help your rating. This might be additional information about a repayment of a loan, good credit you have with companies that do not report to the credit bureau, or salary increases.

5. You Must Have a Plan. Whether you determine to pay your bills down little at a time, take a second job, go to credit counseling, or file bankruptcy, you need to make a plan and stick to it. In order for your credit to be improved, you have to have a plan and then take action!

6. Talk to those that you owe. Creditors want their money. They do not want you to default (quit paying). In fact, most creditors will work with you to get a reduced payment schedule. If you can keep them from reporting you to the credit bureau, then it won’t hurt your credit. The catch here is this: be sure to stick to the new negotiated plan – they won’t renegotiate if you fail to comply.

7. The Best Cure is Time. Have you ever heard the saying ‘time heals all wounds’? It also heals your credit. After 7 years, most items will be dropped. This is good news if you are working to correct your credit. As each year passes, more and more bad items will drop off and more and more good items will be included. Eventually, the disease will be cured.

Hope it work .Thx 4 ur post !

Good post. I'm learning to fix my cc problem at the moment!

:-)

Interesting Posts and wish you a good luck with CC.

I was told that taking out a loan, and making every payment on time or early until it is payed off, will help. If you have no credit history at all, this is also suggested to get a credit rating.

If you have a lot of CC or unsecured debt, you can consolidate that into a secured debt with smaller payments and a longer term. This only works if you have something to borrow against, like a house or automobile.

Some credit unions and banks will set you up with an unsecured loan with better rates if the payments come out of your paycheck, or you have direct deposit with them.

There are also some great sites on the internet to help you repair your credit yourself without paying someone. Check them out. I belong to one and the info and help there is GREAT!!!

I'm a member at one of these forums, and they have great info on credit repair!