If you want self-help to repair your credit report then this article can help. Repairing your credit report is a two step process. The first step is to work on reducing your outstanding credit card debt. The second step is one that led you to this article and that is to work towards repairing your credit score.
We as a society are carrying more and more credit card debt. This puts a both a financial and a mental strain on us, so taking care of your financial health should be a top priority. The fact that you are reading this article shows that you are serious about your credit debt and your credit score. Now here are a few tips that can help.
The first thing you need to do is determine which credit card has the lowest balance on it and start paying that card off by applying a bit extra on each payment. Once, this card is paid off, pick the credit card with the next lowest balance and apply the amount you were paying on the first card to this card. Repeat this step for the other cards and you will be amazed at how the snowball effect can quickly reduce your debt.
I recommend cutting up your cards but not canceling them. The big credit reporting firms use the amount of available credit you have as part of a formula that determines your credit score. Cut them up and don't use them, but don't worry about canceling unless there is an annual fee.
Make sure you order your free credit score report and check it carefully. You may be surprised by the inaccuracies on there. You are going to have to write the credit reporting firms to get this problem off of your record.
Click here now to discover the best way to clear your credit history quickly.
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