How to Repair Bad Credit

How to Repair Bad Credit 

If you have bad credit, you know that it can easily ruin your life!

Bad credit can prevent you from doing a number of things, including borrowing money for a home or a car. Because it can truly affect your standard of living, it’s crucial to determine a strategy for bad credit repair.

What is Considered a Bad Credit Score?

A bad credit score, and need for bad credit score repair, can be determined by one’s FICO score. (Your FICO score is a numerical rating of your credit history).

A “bad” FICO score is considered to be a score between 500 – 580. If your score falls in this range, then it is definitely time to starting reparing your credit! And, congratulations! By reading this it is obvious you have already taken the first step!

Is it Legal to Repair Bad Credit?

Of course! Bad credit repair is legal and possible. While bad credit score repair takes patience and perseverance, it can be done.

For example, below is the true story about how Dave C. repaired his credit reports:

“While I was in college, I ran up my credit cards and acquired a lot of unmanageable debt which destroyed my credit rating. About a year and a half ago when I went to try to buy a house, the banks laughed at me and made me feel bad about what happened in college, even though it really wasn’t all my fault.

I knew that I had to fix my credit, but didn't know how to do it myself so I went to Lexington Law. Now, literally within several months, I was able to purchase a $300,000 new home without any trouble at all obtaining a mortgage.”

-Dave C. (Lexington Law Client)

Tampa, FL

Of course Dave had a lot of help along the way. Nonetheless, the point is that it is both legal and possible. Don't be misled to believe anything else.

Causes of Bad Credit



Bad credit can be created by a long list of things including having negative marks on your credit including collections, late pays, repossessions, charge-offs, bankruptcy, and judgments. In many cases, individuals find themsevles with bad credit report because of a life-altering occasion in their life, such as medical problems, identity theft, job loss, mistaken identity, divorce, etc.

What Should I Do First to Repair my Bad Credit?

First and foremost, you must remove questionable negative marks off your credit report. When negative marks are removed, you are repairing your bad credit, and helping your credit score increase.

You can do it yourself by writing letters. You will need to write three separate letters - one to each credit bureau - disputing any questionable bad credit information. Start by getting a copy of your credit report and see if there are any negative entries that do not actually belong to you. Mistakes on credit reports are very common occurrence, and should be taken seriously, especially if you are attempting bad credit repair. Trying to remove mistakes can be cumbersome and time-consuming. You must write letters to each credit bureau with an explanation of why you are requesting the mistake be removed.

If unsuccessful, you will then need to contact the creditor directly and either negotiate for a better listing (or deletion). Finally, credit repair may involve using the debt collection laws to validate a debt and erase it from your credit report.

Or, like you can join Dave C., and enlist the services of a credit repair law firm for credit report repair. By working with a firm that has experience will allow you to achieve optimal results, with a minimum time effort.

Most Damaging Bad Credit Items

• Charge Offs - a charge off often results in two negative listings - one from the original creditor and any successive collection agency
• Judgment/Public Record - a judgment can often attach to your home or personal assets
• Collection - even a single default can lead to a string of collections on your credit history
• Bankruptcy - a bankruptcy remains on your credit for up to 10 years (this is 3 additional years as compared to other types of delinquency)
• Repossession - repossessions are a major headache when applying for a mortgage or car loan

Deleting bad credit items such as charge offs, repossession, or even late payments to your credit card can often be a frustrating process. You may want to consider hiring an affordable credit repair attorney who can take care of the whole process on your behalf. The Lexington Law Firm has helped over 1 million clients delete bad credit and improve your financial future.

You can learn more with a Free Credit Repair Consultation by clicking here. (Don't worry - the consultation is free :)