What is credit repair?
In this series, we’re going to take you through everything you need to know about your credit and how to improve your credit score. We’ll take a detailed look at how banks and lenders view your credit and why it is necessary to main good credit. You’ll know where to go in order to check your credit ad all of the factors that comprise your credit history. Small details may be keeping you from a good credit score; we’ll tell you what those are and how you can resolve them. By the end of this series you’ll know if you need credit repair services and exactly what that process might look like for you.
To start, we’ll dive into the basics of credit repair. This guide is a very important precursor to the rest of the series. You need to know exactly how credit works and what’s in your credit history before you can even start thinking about repair. You have undoubtedly heard ads offering free credit reports, credit scoring, and credit repair. You might know that your credit score isn’t quite as high as you want it to be. In that case, credit repair might sound pretty good to you. Is there someone that can help you improve your credit score quickly? Not exactly.
In order to understand the concept of credit repair or the steps that you must take to improve your credit score, it’s essential that you understand what credit is. In addition, you should also arm yourself with information about what goes into your credit report. You’ll need to know how credit agencies calculate your score and what that score means for your credit.