Credit Repair… FAST!

Americans have very little patience! It is no secret that we Americans do not like to wait for anything, especially when it comes to financial concerns like credit repair… we want fast credit repair!

Well, the good news is, you can get your credit repaired fast, the catch, what is fast?
When it comes to credit repair, there are a lot of options out there. But really, it kind of boils down to 2 distinctly different approaches… that is Do-it-yourself, or use a credit repair service. I know that seems simple, but isn’t that the case with most things when you really get down to “brass tacks?”

Anyway, as far as getting your credit repaired fast, both options can be very promising. In all my experiences in the credit repair world, I have found that using a solid, reputable law firm like Lexington Law to repair your credit, tends to yield the best (and fastest) results. To me, the best part about using a credit repair service, is you don’t have to get your hands dirty… they do all the work for you, you just sit back and watch your credit score skyrocket!

Conversely, you can do a pretty decent job of fast credit repair going the “do-it-yourself” route. A word to the wise – if you are going to repair your credit yourself, make sure to have an organizational plan before doing so… I talk about this quite a bit in my eCourse as it is usually the downfall for most people. They tend to get overwhelmed with paperwork and follow-ups. One system that I have found works extremely well is the Credit Secrets Bible – If you were to follow this guide “to a T” you can’t go wrong, and you should see the kind of results you are after…

Listen, I am not going to lie to you, credit repair can be tough, but if you follow some sage advice and keep at it, you should be able tosee your score rise by 25, 50, even 100 points in no time.

Fixing Your Credit Score

Fixing your credit score isn’t a sprint, it’s a marathon, but if you’re patient and motivated, you will soon find your credit score steadily rising.

As your first step toward fixing your credit should be to seek out a complete picture of your credit by looking at your three credit reports. This can be done by going to annualcreditreport.com. Now, look over and print each report carefully, looking for incorrect information. Each credit report should have information on how to dispute things that don’t belong on your report, and more people have costly mistakes on their report than they know.

First, if you’re in credit card debt, you must stop making purchases with your cards. Cut them up, freeze them in a block of water, or give them to someone you trust, just get them out of your wallet. You can’t climb out of a hole if you keep digging yourself deeper into it! This isn’t, however, the time to close your credit cards. Your credit score considers your total credit available against the credit you are using, so cards (that you already have!) with low or no balance on them are your friend.

While you may be tempted to pay off the collections agencies that might be harassing you, the most important step for you to take with your money right now is to pay your bills on time. Bringing your bills up to current and continuing to pay them on time is your key to fixing your credit. Any bill that has gone to collections should be paid after this is handled, because even once you settle your debt, that mark will remain on your credit reports for years. If you frequently forget to pay your bills, talk to your bank about setting up automatic, recurring payments for your monthly bills. This should also save you stamps!

If you have need to open a new credit card, like a loan or a credit card, be sure to do your shopping for these services within a set week or two and don’t drag it out over a period of time. This lets the credit bureaus know that all the inquiries that took place at this time were for the same reason, not a chronic and sustained need for new credit.

From here on out, it’s just a matter of keeping up your desire to come out ahead. It takes discipline and desire to really change your habits, but the rewards of better credit are significant for your bottom line and for your quality of life.