Published On: Wed, Feb 24th, 2016

How Can I Fix My Bad Credit?

Share This

Ready to fix your credit? There’s no doubt that living in the modern world requires credit. Yes, you can live without a credit card and survive on cash and cash back debit cards.

I know because I did it for over two years as I paid off debt.

However, when you are ready to buy a house, you need to get your credit straightened out. No need to worry because I’m going to show you a few ways to help you improve your credit in just 60 days.

How to Fix Your Credit

Step 1: Fix Bad Credit

The first thing you need to do is gather your creditor information. Get the most recent statements with addresses and phone numbers. Take a second to get your free credit report from AnnualCreditReport.com.

You can also check an approximation of your credit score for free at Credit Sesame, but if you are trying to fix your credit, you probably already know your credit score looks a little like this….

bad credit personified

But that’s ok. We’re going to put you on the good foot.

Step 2: Fix Bad Credit

The second thing you need to do is take a deep breath. People think that having bad credit is the worse thing that can happen. But just calm down. You are taking the first steps which puts you on the right track.

Remember, it’s just money.

No one is going to die. Tired of being harassed by your creditors?

Take control and get back in the driver’s seat!

Watch this video from my friend Dominique over at Your Finances Simplified. He’s going to tell you exactly how to fix your credit.

(He might even take care of the entire process for you. More on that later.)

 

Watched the video? Good.

Feeling overwhelmed at the next steps?

Yep. I understand.

Let’s take this step by step.

60 Day Credit Repair Guide

Step 1: Pull your credit report.
As I mentioned earlier, you can get a copy of your credit reports for free from AnnualCreditReport.com. If you’ve already pulled your report for this year, you can use that one.

Step 2: Review your credit report for errors (highlight each error).
You’re getting ready to take charge and stop being a victim. Most people don’t even realize what they could get removed from their credit just because of errors.

What should you look for?

Wait a minute. So, you’re telling me you didn’t watch the video above?

Scroll back up for me right quick and you’ll find out exactly what you should look for.

Step 3: Dispute incorrect names, addresses, SSN and date of birth first and via the certified mail.

You will need supporting documentation and letters. You will have to write a dispute letter and include the specifics of the inaccuracies. You want to dispute inaccurate, erroneous, outdated, misleading and unverifiable information in your credit reports.

So are you ready?

Ready to…

  • Remove bankruptcies to rebuild credit?
  • Permanently delete foreclosures and repossessions?
  • Erase debts that were in collection?
  • Completely get credit cards under control?
  • Get approved for loans?
  • Get the best financing on cars and homes?

How about having the entire process handled for you? My buddy Dom handles it all.

Let’s talk about improving your credit. Schedule a time below:

How Can I Fix My Bad Credit? is a post from: Young Finances by LaTisha Styles


Source: Young Finances

Latest posts by LaTisha Styles (see all)

About the Author

Leave a comment

XHTML: You can use these html tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

Videos

Did you know?

African Americans are significantly more likely to have some type of debt (94%) compared with the general population (82%). Credit card debt, student loan debt, and personal loans are all significantly higher in the African American community.

Source: Prudential’s 2013 "African American Financial Experience" study