Having to deal with credit issues is never easy. You start losing access not only to credit, but to some basic amenities, housing, or even job opportunities. But a lot of people still don’t have a clue about credit, and believe that nothing can be done to fix the situation. Even worse, some people believe that credit repair is a flat-out scam due to ignorance. But there are tons of things that anybody can do if they want to work their way back to good credit. Here are a few of them.
Check Your Credit Report for Errors
Mistakes on credit reports happen all the time, and it would really be tragic if you couldn’t get access to financing because an account that you paid off and closed long ago is still active. So, you have to make sure that you check your credit report and see if there is anything there that shouldn’t be.
All you have to do is get a copy of your credit report from one of the 3 major credit bureaus: Equifax, TransUnion, and Experian. You are entitled to a free copy per year from all 3, so take advantage of it. They all have a set of procedures that you can follow if you want to contest any item on there, so make sure that you do as soon as possible.
Work with a Credit Repair Service
This can be tricky, because there are companies out there that will scam you and do things that you could easily do on your own. Some will just run with your money without doing anything.
But it’s easy to see if you’re dealing with a legitimate company. For one, you have to make sure that they have a solid track record, but that they abide by the CROA as well. The Credit Repair Organizations Act regulates activities in the credit repair field, and makes sure that people’s rights are protected.
A credit repair company like GoClean Credit will not only be able to tell you how to repair your credit, but will also go through your rights, run you through the whole credit repair process, and show you exactly what you have to pay and for what. They also will not ask you for money up front. These are all signs of a company that is actually in the business of helping people.
Leave Accounts Open
This might seem counterintuitive, but you should think twice about closing an account which still has a balance on it. Closing an account with a balance on it won’t help, but they could always give you a chance to show positive activity if you resolve them, which is the foundation of good credit.
While you might feel hopeless about your credit situation, you shouldn’t be. If you truly commit to turning things around and consider getting help from a professional team, there are chances that you’ll be able to get your credit situation back on track.