Rebuild Your Credit

After experiencing a financial setback, there are two ways to rebuild your credit: do it yourself or use a reputable credit counseling agency.

To repair your own credit:

• Order a copy of your credit report.
• Identify and correct any errors.
• Contact your creditors to explain your situation.
• Negotiate payment plans with your creditors when you have some money to pay them.
• Opt-out of receiving unsolicited offers for credit cards to avoid the temptation of applying for them.