You can find out how to fix credit by yourself without paying an expensive professional.
Professionals charge a lot of money to do what you can do by yourself.
Fixing your credit can take a while, but with these steps you can do it yourself.
A low score can negatively affect not only credit applications, but also car insurance and a potential job.
Having a low score means higher insurance premiums and high interest rates on credit.
By fixing your own credit, you can save a lot of money in interest.
First you must obtain a copy of your credit report.
There are three credit reporting agencies and each has a separate report.
You should ideally get reports from all three before beginning to fix credit scores.
You can get a copy of your credit report for free once a year from each of the three credit bureaus.
Additional copies will cost you a nominal fee.
If you find inaccurate data on your report, you must request in writing that it be reviewed.
Provide copies, not originals, of supporting documents and a letter.
The letter should state exactly what you believe is inaccurate and a request to have it corrected or deleted.
It is helpful to circle the information on the copy of your statement or letters you send in.
The credit agency will then verify the information and if it is found to be inaccurate, they will contact the other credit agencies.
Most department store lines of credit do report to credit agencies, but not all do.
If you feel the addition of these reports would help your credit score, you can request to have them added.
The credit bureaus are not required to add additional accounts, but may add them for a fee.
The addition of good scores can help you fix credit.
To fix credit report scores, it will take time and effort, but can be done much cheaper than a professional.
An inaccurate credit report can negatively affect your job applications and insurance quotes.
Car and life insurance may be harder to obtain with poor credit.
Inaccurate scores may mean a higher interest rate or a denial for credit.
When you fix credit scores by yourself, you can save a lot of money in interest and insurance rates.