best way to repair your credit?

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1. Pay your current bills on time.
2. 1. Get caught up on any overdue bills. 2. Pay every bill on time. 3. Pay down your debt. You'd be surprised how fast your score will go up if you start doing the above 3 steps.
3. pay on time OR before time
4. First, make sure all the information on your credit report is accurate. Second, try to pay off all or any accounts that are currently in collections or make payment arrangements with the creditor to pay off the balance monthly. Third, any credit card that is over 50% of the available credit line should be paid down to under half of your total credit line. Your credit score is lowered when your available balance is over 50% of your total credit line. Finally, if you have bad or no credit and have no credit cards try to obtain two credit cards and make sure all of your monthly payments are made on time. This will help increase your credit score. If you cannot be approved for a unsecured credit card, obtain a secured credit card.
5. Hi. This site will help you: http://1lo.info/1522/
6. Step 1: Pull a credit report from all three bureaus (TransUnion, Equifax and Experian). Make sure that all the information is correct. If it's not, send the appropriate documentation to fix the errors. Step 2: Once you have an accurate report, sift through the accounts listed and find out which ones are open and are paid on time, open and not paid on time, closed with a $0 balance, closed and charged off/sent to collections. Separate the accounts accordingly. My advice would be to get current with the open accounts first. That should be priority #1. (There's little you can do w/ collections accounts besides settle or pay, so you can sort of ignore those for now.) Then you'll want to focus on paying on your other accounts that are opened with a balance. Even though you pay on time, check and see if you are at or above borrowing 40% of your credit limit. If you are, pay those accounts down aggressively. Once that is out of the way, start with the collections accounts. Step 3: If you have any judgments or liens, take care of those ASAP. Many liens do not fall off your report until 7 years *after* they're paid....so you want to make sure that those are elmininated soon. I always suggest to my clients that they start with the smallest collection/charge off first. Those are easier to tackle. You can always settle an account rather than pay the balance in full. If the creditor agrees to accepting less than what you owe, always get it in writing before you make the payment. Keep in mind that when they do that, they will often want the amount in a lump sum. If you don't have the money, they get angry....so don't try and bluff them. Another option is asking for a payment arrangement. Most times with this, the companies will not reduce the amount owed, but at least you would be able to negotiate an amount that is easy for your budget. Again, get this in writing before you send money! Either way, once you are finished with paying the delinquent account, ask for a letter of proof or a receipt of some sort that references the account number and shows that your balance is $0. Hang on to these letters/receipts b/c many times, we as consumers must alert the credit bureaus that the debts have been paid. Step 4: If necessary, send copies of the letters to all three credit bureaus to show the accounts are satisfied. The CRAs should send you a copy of your updated report reflecting the changes. Step 5: Reestablish your credit *after* you've repaired it. There's nothing worse than becoming "credit invisible"...especially if you want to do something major down the road like get a mortgage loan or buy a new car. Don't swear off credit after all that hard work. You have to get back on the horse and show the creditors that you can still ride (so to speak). Get a secured credit card or a card with a small limit. Pay it off in full each month and that will help you reestablish. I'm sorry if some of this has nothing to do w/ your situation, but you didn't give much detail....just thought I'd include everything. I hope this helped! ~peacue, love + light~
7. I congratulate you for taking the step to repair your credit. It worth the effort and I wish you the best of luck. However, below are some useful hints: 1. Stop using your credit cards (if you have any) for a while 2. Get a copy of your credit report 3. Clean up your credit report - making sure the info. is okay 4. Get current on your delinquent accounts 5. Don’t put in any more credit applications 6. Keep accounts with balances open 7. Call your creditors 8. Pay off your debts 9. Get professional help if you wish 10. Be patient Derrick
8. The Credit Score (also known as your MyFico score) is calculated with the following breakdown: * 35% - Payment History * 30% - Credit to Debt Ratio * 15% - Credit History * 10% - New Credit * 10% - Credit Types in Use A small loan consolidation with low interest is the best I found interesting information about your answer & options here. http://all-debt-consolidation-loan.blogspot.com/2007/07/loan-consolidation.htmlGood luck!