You’re not alone in wanting to erase negative credit from your report. Many others find themselves in this same difficult position. As many people assume that it is too difficult to do themselves, credit repair services and agencies earn literally millions of dollars a year in custom from those with financial problems.

However, the truth is you can repair your credit yourself rather quickly and for little or no money. Also, not only is it possible to do it yourself, but it is probable that you would be able to do a better job of it than a traditional credit repair clinic.

Here, in a nutshell, are the 3 major steps you can take to repair your credit history yourself:

1) Obtain A Copy Of Your Credit Report

According to the law, you are entitled to one free credit report every 12 months. There are two ways that you can request one from annualcreditreport.com; either fill out and return (to Annual Credit Report Request Service, P.O. Box 105281, Atlanta, GA 30348-5281) their request form, or call them on 1-877-322-8228.

Once you receive your report, go through it and write down every negative item you want to dispute. It’s far from uncommon for credit reports to include out-dated information or mistakes, and even completely false details.

2) Set About Rectifying Out-Dated Information And Mistakes

Write a simple dispute letter informing the credit bureaus of specific marks you wish to dispute. Try not to turn it into your life story - the shorter and more precise it is the better. You’ll also want to send with your letter copies of documents that support your claims. On receiving your letter and any supporting evidence, the credit reporting agency will then evaluate your position. They will get back to you with their decision - either removal of the negative credit marks, or verification of them..

3) Add Positive Information To Your Report

This is something that you can do yourself, which even the best credit repair services wouldn’t be able to do for you. Over a period of time, you start accumulating positive marks on your credit report. To build up a good recent credit history, you simply need to take out new credit cards or department store cards and pay them off in full at the end of every month. Every time you do this, you will be showing that you have changed your ways and are no longer a risk to money lenders.

I recommend finding a good credit repair program or guide and learn how you can erase negative credit from your report yourself, before deciding to hire a service blindly. It’s your credit history at stake, so take responsibility for it.

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