how can I fix my credit on my own without using a service?

Answer 1

Pay your bills! Work with the collection agencies on legitimate debts, and know your legal rights(which are different in each state) for mistakes on your history. MSN money has a series of articles by Liz Pulliam that might help you. You can do it!

Answer 2

It depends on what your credit is suffering from. Start by getting a free credit report. Federal law says you can get one every year.

If you have too many unused cards close some. If you have too much debt use some income that would have gone for unneeded purchases to pay down, starting with the one that has the highest interest rate. Call the companies that you are planning to pay off so that they can note that in their records and not bug you about things you are slowly paying. If you get an offer for a new card - ignore it.

If there are errors then write to the credit agency and ask that they correct their records (like if they say you still owe something that you paid off). Also tell them that you don't want to be on lists for unsolicited credit card offers. Ask them to send you a free report reflecting those corrections.

After you have done this then see how it looks. If you still can't get your debt under control then try a service. Avoid ones that are just there to collect fees from you without helping.

Answer 3

I assume you mean how can you repair your credit history with the reporting agencies. If this is correct, here is what you do:

1. write or contact each of the three major agencies, TransUnion, Experiean, and EquiFax and get a copy of your credit report.

2. identify any item that you question or that you want to challenge. Then, write a letter to the appropriate agency. DO NOT tell them that you did such and such. Simply state that you recently received a credit report from them and you want to challenge item number ___ . Then, record the date you mailed the letter because they have 45-60 days to respond. Some times a clerk will be too lazy to dig through piles of reports to verify an entry on your credit history. Many people have bad credit dropped simply due to the laziness of a clerk or the failure of the paperwork to be posted.

3, If you don't have a credit card, get a PRE-Paid one. Use it and pay it. Keep it maintained. If you have a credit card, keep the balance less than 1/2 your allowable limit. Try to pay off early, but not a huge sum at once. (That looks like someone gave you the money or you won it and still can't handle finances). Eventually pay off the credit card, maybe over a few months time. Then, don't use the card but every so often and immediately pay it off. Use it like going out to eat once a month and then pay it off immediately when the bill comes in. Or, have your ISP automatically charge your credit card for its service and then pay it off every month.

4. Shop for good financing rather than good cars. Be honest and upfront with the finance manager. Have him or her tell you your chances of financing a car loan given your credit score of ###, but don't tell the salesman. Go straight to the finance manager.

Answer 4

Start by getting a credit report from the three major credit bureaus. (Trans Union, Equifax and Experion) You are entitled to a free credit every year and this can be done by going to www.annualcreditreport.com.

Review the information on the credit report for accuracy. Report the inaccurate info.

Hint: If something is old sitting on your credit report and it is negative information it can often be taken off because the creditor no longer has your information. But if they still have your info then you will want to make payment arrangements.

Pay your bills on time and if you can't then let your creditor know in advance. Often times they can extend the due date so that it doesn't show up as a late payment on your credit history.

Good luck.

P.S. By using this method I took my credit score from a 450 to a 705 in 6 months.

Answer 5

The only way I know is to do what a service would do. Contact each creditor, individually (snail mail or phone) and tell them what you're doing. Tell them if you can't afford to pay them off, and that you'd like to arrange a payment plan to clear your debt with them.

Before doing that, though, you need to review your finances (income, plus what you need each month to survive). The difference between those two is what you have to work with. Just be sure not to set up so many payments that it goes beyond what you can pay.

I think you'll find most creditors will be willing to work with you. You can also (once a year) get a free credit report from all three credit reporting agencies. It would be good to do that, too, just to see where you stand with them. Then, in another year, get another free report to see what progress you've made.

Best to you....hope it comes out well for you :)

Answer 6

Get a credit report and review every detail.
If there is anything negative on the report deal with it immediately, call them, make your own arrangements and stick to them.
If there is anything negative that is incorrect, fill out the appropriate forms and get it taken the heck off of there.
Get a secured credit card, low limit, and make payments every month.
It will absolutely take awhile to clear everything up, after you pay your debts owing report it IMMEDIATELY to the credit bureaus so they can make changes. Don't leave it to the creditor to deal with it, you're not a priority to them, just your money.

Answer 7

check your credit first. if you have very old debts like 6 or 7 years-don't pay them, they will come off your credit after 7 years. bring all your accounts current, by paying them or setting some repayment plan . try to open new accounts and pay those on time(ask family to sign you to their credit card like cosigner if they will not grant you any credit by yourself) only paying your bills on time will establish your good credit ratings and there is no easy and quick fix for that, but YOU CAN DO THIS!

Answer 8

I hope this helps you:


How to Clean Up Credit Report
http://www.debt-loan-refinance-mortgage-credit.com/category/How-to-Clean-Up-Credit-Report.html


Step-by-Step Credit Repair Guide
http://www.debt-loan-refinance-mortgage-credit.com/category/Step-by-Step-Credit-Repair-Guide.html

Answer 9

By paying your bills in a timely fashion every month. This shows the crditors you are on the riught track to being creditworthy again.

Answer 10

Call the companies that you owe and setup payment plans.