Many websites would love to have you sign up for a costly credit-building service. This may be a terrific solution in some instances and for some people. Make sure you research any offers before agreeing to them. You should also be aware that most credit repairs can be done for free at home, and that is the most important credit repair advice I can provide you. There are many websites that would love for you to sign up for an expensive credit-building service.

Because they are overwhelmed, many people choose to work with a credit counselor. They want someone to take their hand and explain to them what they need to do. It may appear to be easier to hand over the reins to someone else rather than deal with everything yourself. While completely understandable, it can be costly.

The first step in taking control of your credit is to get copies of all three of your credit reports (for those who don’t know, there are three major credit bureaus, each of which can contain different information, so it’s a good idea to get copies from all three: Experian, Trans Union, and Equifax).

When you receive your reports, go over them with a fine-tooth comb to look for any errors. You could be startled by the amount of incorrect information on your reports. If you discover any errors, notify the credit unions in writing so that they can be addressed. They have 30 days to follow the order. Make sure to include any evidence you have that the item in question is a mistake.

Many people can improve their credit score by a dozen or even a hundred points in one month by doing this one item. That is enormous!

The next stage is to pay all your payments on time, every month. If you find that you’ve become overextended and don’t have enough money each month, you have three options: make more money, reduce your monthly costs, or talk to your creditors about lowering your payments or interest rate so you can keep up with the obligations.

Many times, especially now when so many people are struggling in this tough economy, they will agree to cut your interest rate. While this will leave a mark on your credit record in the short term, it may make it easier to get back on track and pay off your debts more in the long run.

If you’re lost and need someone to lead you through the credit jungle, you can contact a counselor to help you. Most people, but, only need to take charge and make a commitment to do so. The most crucial credit repair tip is to get started as soon as possible, whether you do it yourself or pay for help. The sooner you begin, the sooner you will be able to reap the benefits of having a high credit score.