How Can I Get Free Credit Repair Help?
Often, when a person has credit problems, their finances are also in need of assistance. Free credit repair is not a new concept — there are many do-it-yourself websites out there that show individuals how to repair their credit.
However, the process can seem overwhelming and confusing to an individual that has never had to deal with their credit directly. If you are wondering about free credit repair help, this post will give you the information you need to get started on the right track.
Free Credit Repair Help — The DIY Method
If you want to repair your credit on your own, you should understand that this can be a time-consuming process and that you will need to keep meticulous records. However, if you are comfortable with contacting the credit bureaus and your creditors directly, free credit repair help by doing it yourself is well within reach.
Get your free annual copy of your credit report, either online or by writing to each bureau. Under the law, you have the right to get your credit report for free each year — three, actually, one from each credit reporting agency.
Depending upon which state you live in, you may be entitled to a second free credit report, and if you’ve been recently denied credit or employment based on your credit files, you can get yet another free report.
Once you have a copy of the reports, it’s a matter of going through the dispute process to remove any inaccurate information.
Free Credit Repair Help — Consumer Agencies
One of the biggest obstacles when it comes to credit repair is misinformation. If you want to be sure you’re getting information that you can trust, you need to look to reputable sources. There are several agencies that provide information about free credit repair help and credit in general:
The FTC (Federal Trade Commission) — is in charge of protecting consumers’ rights. This government agency offers information on credit and credit repair, as well as tips for individuals who want to hire a credit repair specialist. Because the FTC investigates many thousands of fraud claims when it comes to credit repair, they take an extra-cautious stance when it comes to credit repair companies in general.
The BBB (Better Business Bureau) is another consumer advocacy organization, but it is not a federal agency. They do, however, collect information on a local and national level about all companies, including credit repair companies. They also have resource pages that cover various tactics to use to manage your credit and get yourself on track for free
Both of these agencies provide information on free credit repair but for actual free credit repair help — that is to say, advice — you will likely need to turn to additional sources.
Free Credit Repair Help — Free Consultations
Many credit repair agencies offer free credit repair help, at least in terms of initial information to get started. It’s common for these credit repair companies to offer free initial consultations, as well as websites full of free downloadable documents to help you on your path to increase your credit scores.
Lexington Law and the Credit Assistance Network, just to name two out of many companies, offer free consultation to get you started. Many of the legitimate credit repair businesses will give you a free consultation and advice as to how to proceed, and a real business trying to help you won’t ask you to sign anything until you’re ready.
The NFCC (National Foundation for Credit Counseling) offers free resources – calculators, budget worksheets, consumer tips and an online financial self-assessment tool. They offer free and low cost counseling to determine your needs and develop personalized plans.
With these three options for getting free credit repair help, there is no excuse not to take the plunge and start working on improving your own credit scores. The sooner you start, the sooner you will reap the benefits of good credit.