There is no way to erase bad credit from your credit report, but you can improve it. You can start by pulling your credit report from all three credit agencies which
are Experian, Equifax, and TransUnion. You can find out how to obtain these for free annually at the U.S. Government website at Federal Trade Commission. Then, follow these simple guidelines to
help restore and improve your credit score.
First, make sure all the information on your credit report is accurate.
Second, try to pay off all or any accounts that are currently in collections or make payment
arrangements with the creditor to pay off the balance monthly.
Third, any credit card that is over 50% of the available credit line should be paid down to under half of your total credit line. Your credit score is lowered when your available balance is
over 50% of your total credit line.
Finally, if you have bad or no credit and have no credit cards try to obtain two credit cards and make sure all of your monthly payments are made on time. This will help increase your credit
score. If you cannot be approved for a unsecured credit card, obtain a secured credit card.
Repairing your credit and improving your credit score is a slow process that takes time. Just be patient and follow these steps and you should be on the road to better credit!
You may want to also read Statute Of Limitations Law on old past due debt.
If you are a woman and you are currently married, divorced or widowed, read the following article on Credit Histories For Women.
A article on Do It Yourself Credit Repair
You may also be interested in Debt Consolidation Loans With Bad Credit
Learn how to achieve a Total Credit Restoration
Information on Credit For People Over The Age Of 62
or learn about Credit If Your Spouse Dies