Guidelines on how to reverse your bad credit history

This short motivation introduces you to guidelines on how to change the way you conduct your financial affairs. Previously, this may have been shocking. You were accumulating debts like it was going out of fashion. And worse still, third parties allowed you to accumulate even more debt under the deceptive guise that further credit extensions would help you to clear previous debts or for you to weather the storm.

Today, some of these practices have been branded as reckless lending. And fortunately, there are now checks and balances in place allowing for consumers to be protected to a degree from becoming victims of bad credit provisioning from much larger enterprises. But it remains your responsibility to handle your affairs correctly and responsibly. If you are now adopting that good attitude, you are now on the first rung towards following those guidelines that are going to show you how to fix your credit record.

You can begin by utilizing your credit clearing agent’s extensive knowledge of federal credit fairness laws. You will be introduced to the important Fair Credit Reporting Act (FCRA) which was put into place to promote fairness and accuracy and to help protect you from credit reporting agencies by way of securing your rights to privacy. If collection agencies approach you directly, something they are still able to do, you are in a legal position to dispute information which is suspiciously inaccurate or incorrect.

You are often at the fate of hard-hearted debt collection agencies who rarely budge in compliance of the law. But your partnership with your credit clearing agency gives them full awareness of the fact that you are well aware of your rights as a consumer.