FTC offers solid guidance on fixing bad credit yourself

Credit and Your Consumer Rights

The FTC makes it clear: they are standing by to help consumers fix their credit report because of how important having an accurate credit history can be:

A good credit rating is very important. Businesses inspect your credit history when they evaluate your applications for credit, insurance, employment, and even leases. They can use it when they choose to give or deny you credit or insurance, provided you receive fair and equal treatment. Sometimes, things happen that can cause credit problems: a temporary loss of income, an illness, even a computer error. Solving credit problems may take time and patience, but it doesn’t have to be an ordeal.

The Federal Trade Commission (FTC) enforces the credit laws that protect your right to get, use and maintain credit. These laws do not guarantee that everyone will receive credit. Instead, the credit laws protect your rights by requiring businesses to give all consumers a fair and equal opportunity to get credit and to resolve disputes over credit errors. This brochure explains your rights under these laws and offers practical tips to help you solve credit problems.

Check out the free information on their website for more updated information to help guide you through the process of fixing errors you find in your credit reports from the Big 3 credit bureaus. Their website address is: http://www.ftc.gov

Here's a helpful book from Amazon.com that can provide you with good, solid information from credit expert John Ventura:





The Credit Repair Handbook: Everything You Need to Know to Maintain, Rebuild, and Protect Your Credit