How to Repair Your Credit for Free

More great tips on how to fix your credit for free.

As we noted in the video, you can’t remove just any negative information from your credit report. If a negative item is correct and legitimate, there is nothing you can legally do to get it removed early. You have to wait for the item to expire and then it will fall off your report naturally. If it doesn’t, then you can use follow the steps to dispute the mistake for free credit repair.

With that in mind, remember the following tips to establish good credit the right way as quickly as possible. If you take the right steps to rebuild credit, you can achieve a better score in about 6 months.

Tip No. 1: Don’t be scammed into breaking the law

Although you can hire a state-licensed attorney to dispute errors on your behalf, be careful with credit repair services! There are many fraudulent services that can push you into breaking the law, paying them fees for their bad advice.

If you decide to use third-party credit repair, always work with a state-licensed attorney. Don’t trust any service that tells you to create a new credit profile with a different Social Security Number or by getting an Employer Identification Number (EIN). It’s breaking the law.

You should also be wary of any service that promises or guarantees to raise your credit score. You use credit repair to remove negative items that are errors; any increase in your score is a secondary benefit. Companies can’t guarantee score increases in any legitimate way.

Tip No. 2: Offset old items with new positive actions

Always keep in mind that nothing negative in your credit will last forever. All penalties expire and, in fact, the “weight” of a negative item decreases over time. The further you get away from a late payment or charge-off, the less it affects your credit. In addition, you can offset past negative actions by taking positive actions now.

Take positive actions like making payments on time or paying off credit card debt to improve your credit utilization ratio. This will help you build credit so you can achieve the score you want.

Tip No. 3: Review your reports every year

By law, you can review your credit reports from the three credit bureaus for free once every twelve months. If you go to, you can download them at no charge and with no strings attached.

Always take advantage of this free review, so you can check for errors and mistakes. Look for all the negative items mentioned in the video above. This will help ensure you maintain the best credit possible.

Tip No. 4: Be aware credit reporting and scoring methods can change

It’s important to note that both credit reporting methods and credit scoring models can change. As long as they follow the regulations established by the Fair Credit Reporting Act, the credit bureaus can make adjustments.

In most cases, the credit bureaus make adjustments that work in the favor of credit users. For example, the FCRA says bankruptcy filings must be removed 10 years from the date of discharge. However, the credit bureaus voluntarily agreed to remove Chapter 13 bankruptcy filings after 7 years. That’s good for any credit user who’s ever had to declare bankruptcy.

In 2017, the credit bureaus announced they would make some major changes to credit reporting. They’ve also announced major changes to their credit score model, the VantageScore. To keep up with these changes and how they’ll affect your credit, visit Consolidated Credit’s Credit News section!