Good credit is critical. Banks won’t give you a loan if you have a bad credit score. Credit card companies will reject you and insurance companies may charge you a higher rate. If you have a low credit score, the utility company may require a security deposit before they’ll turn anything on.
Unfortunately, it’s pretty easy to hurt your credit score. Something as simple as being late on a loan payment can do serious damage to your score. If your actions have lowered your score, you’re not alone. Millions of people have experienced the same thing.
The good news is that you can repair and improve your credit score. You’ve probably seen advertisements for credit repair companies, but the truth is these companies can’t take any actions that you can’t take yourself. You don’t need to hire a company to fix your credit. You can do it on your own.
In this guide, you’ll find a step-by-step process to follow in order to both repair your credit and increase your overall credit score.