Helpful insight for you if you find yourself asking – how do I repair my credit rating?
So you’ve just discovered, either by obtaining a copy of your credit report online or by having a loan application unfortunately declined, that you have a bad debt against your name and thus a bad credit rating. You’re probably thinking to yourself ‘where to from here?’ and “how do I repair my credit rating”. Thankfully, all is not lost if you have decided to research how to repair my credit.
It is possible for you to “repair my credit rating” and get back on the front foot to a good financial standing. With the expert assistance of the credit repair experts at Fix Bad Debt, you can repair and be on the way to an improved credit rating which will improve your potential for successful loan applications in the future.
One thing to remember though is that repairing your credit rating is not simply an overnight fix. Items on your credit rating report can take between 14 and 30 days on average to be repaired, some possibly longer depending on the severity of the situation.
Benefit of taking the step to repair my credit rating.
It is important to take steps yourself to start improving your credit rating in order to better your eligibility for loan applications. In some circumstances having no credit history (i.e. you’ve never had a loan or credit card in your name) can work against you because there’s no official track record or history of repayments to work in your favour. If you’re in a financially viable position, applying for a credit card with a small limit will start off your credit
report and put you in good stead for loan applications in the future. However you must make your regular card repayments on time, ahead of time if possible.
On the other side of the coin though, if you’ve found yourself in the position of having a bad credit report it is important that you do not keep applying for loans and credit cards while you’re working to improve your rating as every application – successful and declined – is recorded on your report. You’ll effectively be taking one step forward and three steps back and won’t get any closer to your goal being “repair my credit”.
The cost to use the services of a credit repair company like Fix Bad Debt is determined on a case by case basis, so if you need to take the steps towards getting back to a good credit rating speak to the professionals at Fix Bad Debt. We’ll be able to give you an estimate on the costs to fix your credit report and hopefully get you back in front.
If you already have a copy of your credit file and believe there are issues you can click here for a free online quote request to repair my credit. Free Credit Repair Quote
If you do not have a copy of your credit file just click here and we can assess your Veda credit file immediately – Assess My Credit File . Your file will then be reviewed and our subsequent analysis emailed to you identifying any issues lenders may have with your credit history. Following the initial purchase of this professional review, your Veda credit file we access is then passed onto you at no cost.