Does the do-it-yourself credit repair kit from places like office supply stores really works?

Question

I am thinking about cleaning up my credit myself because I have heard that this can really happen . I do not want to pay hundreds to thousands of dollars just for someone else to do this. I saw a do-it- yourself credit repair kit at office depot for like $30.00 and I was hoping to hear mature answers/opinions from people who may have had credit issues and to just see who was able to repair their credit on their own successful without paying big money to these scam artists making big promises. Thanks in advance! ;)

Answer 1

You have a chance to improve your credit rating and therefore brighten up your financial future by being patient, a conscious effort, and a personal debt repayment to improve your credit report. The most practical and effective way to truly improve credit is through a number of practical steps designed to help you not only improve your credit rating but also to maintain a decent credit rating once it has improved. No matter how bad your credit is, taking following steps will make it better.

STEP 1: Dispute Inaccurate Information or Frauds in Your Credit Report
STEP 2: Pay all of your bills on time
STEP 3: Reduce the number of credit cards you carry
STEP 4: Avoid bankruptcies, tax liens and collections
STEP 5: Request for Lower Credit Limits
STEP 6: Get a Small Loan or Credit Card with Co-Signer
STEP 7: Get a Secured Credit Card
STEP 8: Periodically Get a Copy of Your Credit Report

Find complete explanation for each step at:
http://www.howtoestablishgoodcredit.com/Credit_Articles/index.php

Answer 2

I saw several of them on ebay for way less than that including shipping.
Why waste $30.00 when you can get it for about $10.00. At $10.00 it is worth the gamble and you could put the other $20.00 towards your debt as every little bit helps.
I have not used one personally. But I would guess that it could be helpful if it contains form letters to use to contact your creditors.
If you find two things that are useful, I would think that it would be worth it.
I think you have the right idea to stay away from the scam artists

Answer 3

In short, No.... The info you will find in that $30 purchase is the same info you can research online. There is a government program called the Fannie Mae Program, and other places offer free books that they will send to you about buying a home and about your credit. There are some basic rules that can easily be followed. I could list every single detail, but the main one is to WRITE down everything you purchase in one week, or two and you will see where your money is going, the money you save after realizing where you can cut back on is money you can then put to some of your debt that is causing your credit to be low. Try to get a debt consolidation loan, do what if's. is the interest rate lower if you combine all of your debts into one personal loan that you can see if you can get from your bank. Or just pay the minimum on one debt, and pay extra on the debt that has the highest interest rate, then once that one is paid off, the money you were using to pay off the first debt that has a zero balance, use that extra money to put towards your next debt. Discipline yourself with what you spend. Open up another checking or savings just for spending money only. Always pay yourself first with every paycheck, but then deposit that money into an account that you will only use for yourself, put the rest of your money in another checking account that you will use to pay your bills down. If you discipline yourself, in TIME your debt will get lower. It took me 3 years to repair my credit myself, and establish good debt. Check out the link below for more info on money 101

Here is a link : http://money.cnn.com/magazines/moneymag/money101/lesson9/

Answer 4

It worked for me and I used http://www.thecreditrepairmanual.com
I started with CCCS but got tired of spending $30.00 a month in fees. So I used the information there to correct my credit issues.

Good luck,

Answer 5

in case you do, then save on with their guidelines... do no longer take short cuts!!! particular they do paintings nicely... yet given which you would be able to save on with guidelines... you would be very shocked at what proportion can not! I had very terrible credit on my birthday... the subsequent 300 and sixty 5 days i offered a clean truck for my birthday for $a million.00 down and ninety days in the past the 1st fee, and at a cost under the best lending... and it became into fixed for a 4 300 and sixty 5 days own loan... All i wanted became right into a job, so I referred to as the hot boss, and he gave the foremost factors over the telephone to the dealership... there have been incredibly basic issues to do, and words to apply, to boot as a time shrink in touch... those are issues you will study on your direction... and that they are worth their weight in gold! while they assist you to recognize that the banks do no longer prefer you to renowned what's in there, they are maximum appropriate! playstation , in case you're out to purchase a automobile after, then particular order it, and shop some thousand $ in the approach! in case you're out to purchase land, then positioned money right into some courses first! in case you're out to get greater credit enjoying cards, then do no longer even difficulty to take the path till when you study "wealthy Dad, damaging Dad"!

Answer 6

No. It does not! dont waste your money.

All the best!/