You’re not alone in wanting to erase negative credit from your report. Many others find themselves in this same difficult position. As many people assume that it is too difficult to do themselves, credit repair services and agencies earn literally millions of dollars a year in custom from those with financial problems.

However, the truth is you can repair your credit yourself rather quickly and for little or no money. Also, not only is it possible to do it yourself, but it is probable that you would be able to do a better job of it than a traditional credit repair clinic.

Here, in a nutshell, are the 3 major steps you can take to repair your credit history yourself:

1) Get Your Credit Report

According to the law, you are entitled to one free credit report every 12 months. There are two ways that you can request one from annualcreditreport.com; either fill out and return (to Annual Credit Report Request Service, P.O. Box 105281, Atlanta, GA 30348-5281) their request form, or call them on 1-877-322-8228.

Once your request has been processed and your credit report has been mailed to you, spend some time thoroughly going through it and noting down anything that you don’t agree with. Oftentimes, your report will contain mistakes, out-dated information, and even completely false blemishes on your record.

2) Dispute Mistakes And Out-Dated Information

You need to let the credit bureau know about everything that you want dispute by sending them a letter. Try not to turn it into your life story - the shorter and more precise it is the better. Be sure to include copies of any proof supporting your position. Once the credit reporting agency investigates, they will either be unable to verify and remove the negative credit mark. Or, they will verify the item.

3) Add Positive Information To Your Report

This is something that you can do yourself, which even the best credit repair services wouldn’t be able to do for you. Over a period of time, you start accumulating positive marks on your credit report. By simply getting a secured credit card, gas or department store cards, or a small installment loan and paying them on time, you can build up a good recent credit history.

I recommend finding a good credit repair program or guide and learn how you can erase negative credit from your report yourself, before deciding to hire a service blindly. It’s your credit history at stake, so take responsibility for it.

If you want to repair your credit, improve credit scores and actually build credit quickly, just go to http://www.creditbully.com for the latest strategies.

Technorati Tags: , , , , ,