How to Get Yourself Out of Bad Credit
When bad credit is the problem, resorting to tricks will not do. Some fraudulent agencies that offer debt relief services may give consumers the wrong advice. Needless to say, some credit repair agencies are only after one thing – making profit even at the expense of consumers struggling with bad credit.
For instance, you may be advised to use an Employer Identification Number in place of your Social Security Number to conceal your true identity. Of course, this is an illegal tactic and resorting to such actions can only lead you to trouble.
The good news is that there are positive steps that you can do, even on your own, to get out of bad credit. And you can begin by doing the following steps:
- Check your credit report. If your credit report contains errors, unauthorized charges, or negative remarks that should have been removed a long time ago, you may get a lower score than what you deserve. This is why it’s important to check your report at least once every six months.
Carefully examine your report for any misinformation. If you find any wrong detail, send a letter to the credit bureau that issued your report and request for corrections. Taking this first step can instantly raise your score by a number of points.
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