I need to know how to repair bad credit. My credit report came back today and my score is in the high 500's?

Question

I've seen lots of websites, lots seem to pretty scary, i.e. scams. I'm looking for a reputable source that can help me legally and quickly. We're trying to buy a house and the interest rate I was quoted makes the payments way too high. I went through a messy personal relationship and my credit record ended up being totally trashed.

Answer 1

Go to www.raisecredit.lexingtonlaw.com or call them at 1-800-608-8004. They are known for their great work. They are affordable too. $39/month and they offer a moneyback gurantee. They work wonders at removing things off of your credit report like late payments, foreclosures, and anything that is harming your score. That is worth everything having good credit and they can help you to have it. That will open a lot of closed doors.  

Answer 2

How To Repair Credit

Start by getting copies of

your credit reports. You

have a right to free reports.

You are allowed one a year

from each of the bureaus:

Annualcreditreport.com,

Transunion, or Equifax.

"Why get a credit report?"

Several people asked.

It describes what needs

repairing. Check off any

information that's incorrect.

Start making telephone calls,

writing letters, or take the

necessary steps to get it

repaired.

Full post at:

Answer 3

Just do the repairing yourself and you will be fine. Remember credit repair takes time and patience but anyone can do it. Here is a good source of information on how to do it.

Answer 4

There's no such thing as credit repair.

Answer 5

Lots of advice on this subject.  Actually almost too much.  The bottom line is, you can repair your record legally.  However, the solution will be to remove blemishes on your record that shouldn't be there.  You can't erase justified items.  The task isn't impossible, but it won't happen overnight.  You need good information and I strongly recommend you pay a trusted legal firm to get the job done right at a reasonable price.  I've had really good results from a site I found.  I believe you will too.

http://How-To-Repair-Credit.org

This site provides a lot of information and you can decide if it's right for you in your situation.  Best of luck

Answer 6

Goodness...do not by anymeans use these so-called quick credit fixes or credit doctors. You have to take charge of your own financial destiny. Since so many people ask this question here's a step-by-step guide of how to approach fixing your credit. Good luck !

1 - If you haven't already get current copies of your credit reports from the 3 major bureaus (Equifax, Experian and Transunion)

2 - Take a photocopy of each and put the originals in a binder

3 - Get a highlighter and highlight any account that is negative (collections, written off, older than 7 yrs, etc...)

4 - Any inactive account that is older than 7 yrs should not be deleted from your report. Download a dispute letter from the credit bureaus website(s) and fill in the details

5 - For collection/overdue items, if they are greater than 7 yrs dispute them as well

6- If there are still valid debts, you need to contact the creditor and negotiate a 'pay for delete' in addition to a payment plan if you cannot pay in full. If they start hounding you send them a 'cease and dessist' letter stating they may only contact you in writing.

7 - Do not apply for any credit while you are doing this or for the next year (ideally 2)

8 - If you currently have any credit card or loan balances, pay them off or at least pay them down to bring them current

9 - If you need a credit card, get a secured card from Capital One for $500 (or more if you can)....use it sparingly for like only $25-50 and pay in full and on time every other month or so to establish good re-payment history.

A little patience and 2-3 months, you'll be on your way.