The first step for anyone wanting to do credit repair is to get a copy of your credit reports to find out what is hurting your credit score. There are several free online credit report websites out there that offer credit reports from the 3 major credit bureaus Experian, Equifax, and Transunion. The government has set up a site http://www.annualcreditreport.com that takes you to all 3 credit bureau’s sites for 1 free credit report a year. You can also get a free credit score at http://www.creditkarma.com/ that is pulled from Transunion.
I can’t stress how important it is to continually check your credit report for several reasons. This is the best way to know what is hurting your credit score and what is helping it. You can also be aware when anything new is reported whether by you or someone else. Getting to know your credit report should be apart of every budget and accounting regiment.
Now find out what is hurting your credit the most. Review your credit reports and find out what is hurting your credit score the most. This will usually be a negative item like a late payment, collection, or judgment. It can also be your debt to limit ratio or your credit history length.
Fixing the problem can be a little more complicated, but you have made the first step by getting your credit reports in your hands. Now you know what is hurting you and now you can learn how to fix it.