How do I start repairing credit?
Good credit is the key to a lower interest rate on a home or auto loan. Good credit could also help you land a job, as some employers equate a high credit score as a sign of a responsible person. It is not uncommon for people to get into bad spending habits and cause their scores to fall. Repairing bad credit takes time, effort and a high level of dedication in resisting the spending urges that got you into trouble in the first place.Cleaning Up Your ReportAccording to the Federal Trade Commission, each consumer in the United States is entitled to one free credit report per each calender year. Order your reports immediately and scan them for errors. Look for any problems with your personal information, including your past addresses or aliases. Be sure you recognize all of the credit accounts on your report and that the limits assigned to each entry are correct. Be sure there have been no new reports opened in your name that you do not recognize. If you find errors, contact the credit a
