Credit repair can seem like an impossible task. In reality it can be very overwhelming but it is feasible.

You may have heard that when your credit is bad you need to file for bankruptcy, go to a credit counseling course where they will consolidate your debt, or simply ignore it. These are some valid options but they may not be the best for you.

One thing to remember about credit is it is the American way. This doesn’t excuse how credit is abused but we live in a society that operates on credit.

With that in mind credit is or can be a problem for everyone. At some point every person has credit problems.

In our current economy the radio and television waves are filled with commercials about credit repair and bankruptcy options. The court dockets are full of foreclosure, judgments, and other legal proceedings that have to do with credit defaults.

Repairing your own credit can seem intimidating at first but with a little research and a lot of determination you can get your credit in good shape.

The basics of credit repair are: check your credit report, dispute inaccurate information, and negotiate repayment terms, get everything in writing, and never volunteer information.

The creditor you are dealing with must prove, in writing that you actually owe this debt. If they cannot prove it they cannot collect. You have the law on your side in the form of the Fair Credit Reporting Act. Get familiar with it and learn the tactics needed to repair your credit.

For a time you may want to pay for credit monitoring so you can see the results of your work.

It may take three to six months to begin seeing changes but it is worth it when you see your credit score going up.