DIY Credit Repair Tips On

SAN DIEGO, June 24, 2013 /PRNewswire-iReach/ -- has a mission to help consumers and borrowers alike in obtaining the latest information on mortgage lending trends, the real-estate market and the U.S. financial landscape for the purpose of helping them obtain a home loan they love. The team at is devoted to help empower both first time and experienced homeowners with valuable resources, first-class knowledge and connections to top-rated industry professionals. To fulfill this goal is continually updating their website with new articles and guides. A recently posted article on gives borrowers some simple DIY credit repair tips.

The article explains how most people feel about their credit and gives some simple solutions: "Despite increased media reports about the importance of credit, many consumers remain mystified by the credit process and have only a vague understanding of what they need to do to ensure their credit is as good as it can be. While the credit industry may seem confusing, the good news is that taking the right steps to improve poor credit – and look better to lenders – is actually a pretty straightforward process." So where should people who are looking for better loan terms start when it comes to repairing credit?

The first thing that the article suggests that borrower do before applying for a home loan is to get their credit checked, if they haven't done so within the past 12 months. The article says: "In the U.S., all consumers are entitled to a free credit report from each of the three primary credit bureaus (Equifax, TransUnion and Experian) every 12 months. Once you have your report in hand, review your credit report carefully, making note of any possible errors, like incorrectly reported late payments or over-limit events, and make a list of every error you find. f you find errors, notify the reporting bureau as soon as possible either by using their online forms or via "snail" mail. When using the latter method, be sure to specify the nature of the error including the account name and number and the date when the error was reported. Be polite but firm."

Once any errors have been corrected the next best thing that a borrower can do is to try to pay down as much of their credit debt as they can. This will improve their credit score and make them look better to lenders. It is also important to avoid applying for more credit at this time. A borrower can lose 10 or more points on their credit score each time they apply for a credit card or loan, and although those points will melt away over a few months, now is not the time to take those hits. If lenders see someone is applying for lots of credit, they may think that they are in financial trouble or see their risk for getting into debt as being higher than if they would simply stay with current credit and loans.

Even with these tips some may wonder, "Does credit repair actually work?" The answer to this question is – yes. Credit repair tactics do work, but the best policy is to commit to using credit wisely moving forward so that "repair" is not such an issue. Even if a borrower has had credit mistakes in the past, adopting good habits now is important to ensure that their credit improves in the future.

For more credit repair tips, visit for the full do it yourself credit repair guide.

Media Contact: Kevin Blue,, 949-292-8401,

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