Credit repair or credit recovery is the process of either correcting errors in your credit report due to fraud and/or clerical errors, or improving your credit score by obtaining high risk credit or loans and showing that you can repay them. Credit repair takes time and diligence on both your part and the part of anyone you find to help you in the process. It is not uncommon for the process to take from a few months to a few years to be totally resolved.

If you have problems with your credit report that are not your fault, you should contact one of the big three credit reporting agencies and get a copy of your credit report. If you find any errors, ask them to correct the mistake. The request must be made in writing or they will likely not honor it. These types on non-fault credit repair problems are the easiest to resolve and you can normally handle the process yourself if you have the time to stay on top of it. There are also numerous services available that will handle the process for you.

If your credit has been damaged due to late payments, collections, or bankruptcy, you should get started right away in trying to reestablish your credit rating. To do this, you should find a credit card company that specializes in high-risk or secured credit and have them issue you a line of credit. You should then begin by making small purchase once a month and pay the balance in full. It is important to never make big purchases that you can’t pay in full every month.. Over time, this will show that you are responsible and you will be on your way to repairing your credit.