A Do-it-Yourself Guide to Credit Repair

Simple Steps for Repairing Your Own Credit Report and Increasing Your Credit Scores

With today's credit crunch limiting the amount of cash available for loans and credit lines, many people are finding it more difficult to qualify for a loan or get the funding that they so badly need. If this sounds like a familiar situation, here are some  simple steps you can take to improve your credit score and increase your chances of securing a loan.

First things first - you should start by requesting a free copy of your credit report. There are many options online for requesting a free credit report. Your best choice is to find a service that provides a "three in one" credit report. A 3-in-1 report will give you a better glimpse of your overall credit rating because it provides scores from all three credit reporting agencies.

After you've requested your free credit report take a close look at your credit scores. In a perfect world, you would hope to have a score of 700 or greater. That is considered a good credit rating. Scores between 620 and 700 are average and anything below 620 is potentially in need of credit repair.

Read the rest of this article