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Bad Credit, Credit Score, Credit Repair > Credit Repair Info > Credit Repair Credit repair is the process you use to of rehabilitate your credit worthiness.
When you have good credit, you have financial reputation. When you go to the bank to get a loan and you have good credit, they call you "Sir", "Yes, Sir", "Right Away Sir".
The bank is more than happy to lend you money because they know you will pay it back.
Having good credit is like having report card with A's and B's.
More info about Credit score and credit reports
Do you have your own definition of credit repair? Post your definition of credit repair here for our readers.
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Reader Comments (8)
Jeff says:
Have your checked your credit history to see how bad it really is? you can get a free copy of your credit report and try to remove some of the stains yourself
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Sally says:
Do you have any advice on credit repair specialists at www.newdaycreditconsultants.com ? I need credit repair and am still in college. Im only 20 and have bad credit from credit cards. My uncle said they are legitimate but the internet says that you need to watch out.
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Sandra says:
Thank you very much for replying back i did applyed for a secure credit card that i was rejected at bank of america But will try the other 2. Thanks for all your help i'll keep you update. Sandra
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Franty Cleophat says:
I would not continue to apply for credit from a department store. Most department store will pull your history and they will want a score of at least 600 and up in order to get it. At the same time by applying at different places, it will hurt you chances to get a card or loan because too many inquires will occur on your credit. Here is my advise to you. If you have about $200-300 dollars that you are not using or on your checking account(debit Card). Go to Bank of America and tell them that you want to build your credit and you want to open up a credit account that will help you restore your credit. They will know what you are talking about. Also apply at orchardbank.com or aspirecard.com. Their interest rates are high but your crdit will improve if you pay your bills on time. Remember although it is your money you still have to pay it back that is the only way they can help you build your credit. ONE IMPORTANT NOTE: don ever max your card and charge no more than 35 to 40 percent of your credit limit and that is for all your credit cards. If you need more advise you can reach me at myspace.com/bainetestate. I hope that I answered some of your questions. Franty Cleophat
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Sandra says:
I just paid off all credit, now i need to know what is the best way to start building up my credit i've already applyed for credit card which i've been denied, now i need to know is a department stores credit card is the best way to go. Thanks Sandra
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