Is It Possible to Repair Your Credit on Your Own?

Written By Mary Beth Eastman
Last updated February 11, 2020

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June 6, 2019

Simple. Thrifty. Living.

Repairing your credit takes time, hard work, and discipline. There’s a lot you can do on your own, without calling in a professional. Other times, you will want to hire help. Read on to learn about how to repair your credit on your own — and when it’s best to call for assistance.

Repairing your credit can be hard — but doesn’t have to be. For most people, it involves taking a few basic steps:

Getting your credit report. You have to know where you’re at to know how to improve. Order a copy of your credit report and you’ll see information about what’s contributed to your bad credit — and how to amend it.

Disputing credit report errors. Credit reports aren’t infallible. Maybe you already paid that bill, or — worse — someone’s impersonating you. Disputing errors on your report can be a headache, but can save you serious problems in the long run.

Address past-due accounts. If you have any payments overdue, now’s the time to start paying them. The same goes for accounts that have gone to collections, which can seriously affect your credit.

Start making payments on time. Making payments promptly, going forward, is one of the most basic ways to mend your credit. It takes time, but you’ll see a substantial improvement as you keep doing it.

While you can make good progress on your own, there are definitely times when it’s best to call in a professional credit advisor. For instance:

When you want advice. Some of the more obscure points of fixing your credit — like how much of your credit to utilize, or if you should open or close accounts — can be confusing. Checking with a professional can put your worries to rest.

When you’re so overwhelmed you don’t know where to start. Some people will delay fixing their credit until they’re teetering on the brink of financial disaster. If you’re too paralyzed to know where to start, having a professional on your side can give you a gentle push in the right direction. A reputable credit repair company, like Sky Blue Credit Repair, Credit Saint or Lexington Law, can help. Here is a look at our best credit repair reviews so you can make an informed choice.

When you’re considering filing for bankruptcy. Bankruptcy is a major legal step, and you can’t do it alone. Before you call a lawyer, hiring a credit counselor may be a good first step. They’ll help you understand if bankruptcy is best for you, how to file for it, and what your best alternative may be.

Repairing your credit on your own can be difficult — and sometimes it’s best to call in the big guns. But with discipline and care, you can put yourself on a road to greater financial stability.

About the Author

Mary Beth Eastman

Mary Beth Eastman serves as the content manager for Simple. Thrifty. Living, where she is dedicated to helping readers use money and credit wisely. Mary Beth believes that access to the right financial information paired with a growth mindset are essential tools for getting out of debt and building wealth. Mary Beth has a degree in Journalism from Bowling Green State University and has focused her 20-year journalism career on putting readers front and center, carefully considering their concerns and presenting information that will help them in their everyday lives. She has won numerous statewide journalism awards. Her writing on personal finance as been featured on numerous websites in addition to Simple. Thrifty. Living, including Huffington Post and Lexington Law blog. Mary Beth resides in Pittsburgh, Pa., with her family and two rescue dogs.

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