Credit repair is a topic that many people are curious about, but often don't know where to start. There are countless companies and attorneys out there claiming to be able to repair your credit for a fee, but the truth is that many of the strategies they use can be done on your own. In fact, there are several credit repair strategies that attorneys may not even tell you about. In this 3-in-1 DIY guide, we'll cover everything you need to know to repair your credit, blast your credit rating, and avoid fraud.

Part 1: Credit Repair Strategies Attorneys Never Tell You

The first step to repairing your credit is understanding what factors are impacting your score. These factors include your payment history, credit utilization, length of credit history, types of credit, and new credit inquiries. By understanding how these factors impact your score, you can start to develop a plan to improve it.

One strategy that attorneys may not tell you about is to dispute any errors on your credit report. You have the right to dispute any errors that you find on your credit report, and the credit bureaus are required to investigate and correct any errors that are found. This can be done by submitting a dispute letter, which can be found online.

Another strategy is to negotiate with creditors to remove negative information from your credit report. This can be done by offering to pay off the debt in exchange for the creditor removing the negative information from your report. This strategy is known as a pay-for-delete agreement, and while it's not always successful, it's worth a try.

Part 2: Blast Your Credit Rating

Once you've addressed any errors on your credit report and negotiated with creditors to remove negative information, it's time to start taking steps to improve your credit rating. One strategy is to focus on paying down your debts. This will not only improve your credit utilization ratio, but it will also show creditors that you are responsible with your finances.

Another strategy is to open a secured credit card. A secured credit card requires a security deposit, which is held as collateral in case you fail to make your payments. Using a secured credit card responsibly can help you build credit history and improve your credit score.

Part 3: Avoid Fraud

Unfortunately, there are many companies out there that claim to be able to repair your credit for a fee, but often these companies are scams. They may promise to remove negative information from your credit report, but in reality, they can't do anything that you can't do on your own.

To avoid credit repair fraud, make sure to research any company before working with them. Check their reviews and make sure they are accredited by the Better Business Bureau. Remember, if it sounds too good to be true, it probably is.

In conclusion, repairing your credit can be a daunting task, but with the right strategies and knowledge, it's possible to do on your own. By understanding what factors impact your credit score, disputing any errors on your credit report, negotiating with creditors, paying down your debts, and avoiding credit repair fraud, you can improve your credit rating and take control of your financial future.