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The question of how to repair your credit has always been around, and is one of the most controversial topics on and offline. Self help is often promoted. However the many credit companies that run successful businesses throughout the country would suggest that using third party help can be a good choice.

Forget about everything you hear in the way of rumor. Let’s look only at reality. Self-help is certainly a viable option. Even lacking experience you can still do so successfully.

But it cannot be done without effort and a great deal of investment in time. Even though it’s certainly achievable, lots of people still choose to hire a credit repair agency because they feel more comfortable turning the matter over to someone who is experienced.

If you would prefer to learn how to repair your credit,  here are 5 simple steps that will take you there. Once you learn the “how”, you’ll have the knowledge that will enable you to decide whether to use self-help or hire the services of a professional company.

All right let’s go.

Step 1
You will need a copy of your credit report. This is essential because it’s usually the case that on learning how to repair your credit, and will get you started the problem is due to errors on your credit report. Call 877-322-8228 or visit AnnualCreditReport dot com.

Step 2
Locate the errors in your report . Here’s what to look for – accounts that are not yours, credit cards that are maxed out, and incorrect information of any kind.

Step 3
For each of the three credit bureaus write a dispute letter listing the incorrect information for the respective Bureau. If you have lots of errors on your report, it’s best not to dispute them all at once, otherwise the bureaus may ignore your letters altogether. Attach to each letter a Xerox copy of the proof you have regarding the error. .

Step 4
Add good things to your report that will help your credit score. Get them reported and entered. Have all your timely payments included. To improve your debt to credit limit ratio, getting a secured credit card can be a great help.

If you can pay some of your debts off, in particular high interest rate credit cards. Pay these off first, because it will save you the most due to the high rates.

Step 5
Another option is to forget about the steps 1 through 4 and hire a reputable credit repair company that knows all there is to know about how to repair your credit. This will free you from learning how to repair credit; all you need to know regarding how to repair your credit, is what company to choose.

A few tips are in order; avoid closing paid off credit card accounts; If you decide to get third party help

be on the lookout for scams; do your homework and find out about the company. A good idea is to check with the Ethical Credit Repair Alliance, the “watchdog of credit repair companies.”