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BadCredit-itssomethingthatnoonewantstotalkabout.Despitethefactthatitsincrediblycommonitisstillataboosubject.Inaworldwhereyourfutureajobahouseacardependsonyourcredithistoryitcanbehardtoadmitthatyoumadeafewbaddecisionsalongtheway.Betweenthesocialshameandthepiledupbillsitcansometimesseemlikeanimpossibletask.Alotofpeoplegetoverwhelmedlivingindenialtheygoabouttheirbusinessnotrealizinghowdeeptheyareinituntiltheycantgetahouseorloseajobopportunitybecauseofanegativecreditreport.Imheretotellyounotonlyisbadcreditverycommonitisalsoverysimpletoxwithdiligence.HereismystoryandthestepsItooktoxmycreditandreclaimmynancialfreedom.fnanceIdontknowifyouwerelikemebutwhenIwasincollegecreditcardcompanieswerelinedupdownthestreettosignupcollegekidsforcreditcards.NojobnoestablishedcreditnomoneynoproblemFREEMONEYrightWRONGLolIonlywishIknewthenhowmuchyourcreditscoreandcredithistorywillaffectyourlifeforYEARStocomeCreditcardcompaniesessentiallypreyoncollegekidsgivingthemcreditcardswithcrazylimitsmineSTARTEDat5000whenIwas18yearsoldandwasextendedupto20000injustamatterofafewyearsandfailtogivethemanyeducationwhatsoeveronwhattheyresigningupfor.MymomalwaystoldmeDontliveoutsideyourmeansIfonlyIhadlistenedLOLBymymid20smycreditwastrashed.Iwasdrowningincreditcarddebtandcouldseenolightattheendofthetunnel.Butnowadecadelatermycreditscoreisinthehigh700sandIhavethebestcreditIveeverhad.NeverthoughtIwouldseethedaybutwithafewstepstakenalittleresearchanddedicationandsometimeyoutoocanhavegoodcreditSTEP1GetInformed.Inordertoimproveyourcredititsimperativetoknowwhereyoustandnow.Youcangetafreecreditreportonceayearfromwww.annualcreditreport.comAndmakesureyouorderyourcreditreportfromeachofthetop3creditbureausEquifaxTransUnionandExperian.STEP2ConrmAccuracy.Examineallofyourreportscarefully.Almosteverypersonhasanerroronatleastonecreditreportfromoneofthemajorcreditbureauscreditbureausgenerateyourreportoninformationtheyreceivefromyourcreditorstheydontverifyit.Carefullylookforeverythingfromtypingerrorstooutdatedandincompleteinformationtoinaccurateaccounthistories.Makeathoroughlistofitemsyoudisputeandwhy.Ifthenegativeinformationinyourreportistrueonlytimeandimprovedhabitscanchangethat.STEP3DisputeandDocument.Ifyoundincorrectinformationonyourreportyoucaneithercompletethedisputeformprovidedwithyourcreditreportorwritealetter.IpreferwritingtheletterasIvefounditmuchmoreeffective.Clearlyidentifyeachmistakeandstatewhyitswrong.Documentdocumentdocument.Keepcopiesandrecordsofallformsandletterssentplusdatessent.Thecreditbureaumustinvestigateanyrelevantdisputewithin30daysofreceivingyourletter.Anyitemthatisnotveriedasaccuratebyacreditorisremoved.STEP4MakeaPlan.Nowisthetimetosetupaspendingplanthatreducesyourdebtandsetsyouuptopayontimeeverytime.Callyourcreditorsandnegotiatetokeepyouraccountscurrent.Youmaybeabletogetyourinterestratereducedmonthlypaymentsloweredorchangetheduedatetohelpyoumanageyourpayments.Dealwithanycollectionaccounts.Negotiatepayoffsandmakesureyougetanyverbalarrangementinwritingbeforesendinginyourpayment.STEP5BuildfromScratch.Thebestwaytoghtbadcreditornocreditistore-establishgoodcredittoyourreport.Securedcreditcardsofferpeoplewithnocreditandthoserepairingtheircreditthisopportunity.Youreunlikelytobeturneddownforonebecauseyousupplythemoneyupfrontascollateral.Ifyoudeposit300withthebankyoullhavea300creditlimitonyoursecuredcard.Bewareofthehighinterestrateandvariousfeesoftenassociatedwithasecuredcard.Payinfullontimeeverymonthtoavoidmostofthosefees.Itwontbeeasyanditwilltaketimebutwithsometimededicationandthoroughnessyoullbeonyourwaybacktogoodcredit.BYALEYNASTROUDREPAIRYOURCREDIT44WWW.FLIPMAGAZINE.NET