The best way out is always through.
--Robert Frost
Your Action Plan...
Step 1:
Get your credit report and starting credit scores.
Step 2:
Carefully review your credit reports. Review your accounts, the public
records, and collections (if any) as well. Examine the 5 major areas that affect
your credit score and see how you are doing in each area. Verify all personal
information and look for errors. Do this for each of your three credit reports and
pay close attention to detail.
Step 3:
Begin. Start the dispute process with your creditors or the credit
reporting agencies as each situation calls for. Be cautious of taking any actions
that could negatively impact your credit score. Evaluate your debts; create an
action plan that caters to your credit score. Review your credit mix and make
adjustments accordingly. Be careful not to negatively affect your credit score
with a plan that is too aggressive or poorly planned. Address any needs for
positive credit. Carefully consider the risks involved for both you and any outside
help you receive.
Step 4:
Document your efforts, your communications, and remain organized.
Evaluate the results of your efforts and make adjustments in your strategy if
necessary.
