I can’t begin to count the number of people that I have helped erase bad credit. During my travels I have heard so many horror stories that it is ridiculous. My reasoning for writing this article is to help you learn how to erase bad credit yourself.

I think it’s fair to say that most consumers know that having bad credit can be costly in today’s economy. The bottom line is if you have bad credit you end up being excluded from a lot of life’s necessities. Over the years I have had students tell me that they couldn’t even open a bank account due to their bad credit. I have even had students show me the amount of interest they were paying on various types of loans because of their bad credit. I could go on forever with the stories that I have heard.

In order to begin your journey to erase bad credit like a pro you first need to get an idea of exactly where you stand. The only way to perform this task is to request your current credit report. Getting your credit report is not only easy, but it’s free. Thanks to the Fair Credit Reporting Act every American is entitled to at least one free credit report per year. My recommendation is that you check your credit report bi-annually. After all this is your financial future that is at risk.

Once you have your credit report in your hands it is time to get down to work. You need to highlight every negative mark on your credit report. If for some reason you come across something on your credit report that you do not understand dont hesitate to contact the the bureaus. They are there to assist you, and besides its their job.

After you have located all of the negative marks on your credit report it is time to write a letter of dispute. Don’t attempt to get fancy when writing your letter of dispute i.e. trying to create letterhead or using big words that you wouldn’t normally use. The truth of the matter is I have gotten better results from hand written letters than any other technique that I have tried.

WAIT DON’T PUT THOSE LETTERS OF DISPUTE IN THE MAIL YET! You could be making a HUGE mistake if you don’t mail your letters by certified mail. It is a MUST that your letters of dispute is sent out by certified mail. The reason being this is the only proof that you will have stating when you actually sent the letters out.

The credit bureaus have 30 days to respond if they fail to respond then by law they have to remove the disputed mark(s). A few times I have had them try to challenge the date of my dispute and the only thing that saved me was the fact that I have my certified mail receipt.

Obviously repairing your credit is way beyond the realm of this article, however the information that I have given you thus far will defiantly get you off to a good start. If you would like to further your studies I have put together 20 Free tip videos regarding credit repair. The videos are based on the most commonly asked questions that people have asked me over the years. The link to the videos can be found at the end of this article.