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At some time or another we find ourselves with the inability to pay our bills. If one thing in life is certain it is that the bill man, and the debt collector have no mercy. The unfortunate result is bad credit. However, bad credit can be repaired if you are willing to work at it. Read more for valuable tips to repair your credit.

It is a good idea to eliminate unused available credit. Call and have your creditors reduce your limits. Potential lenders view available credit just like actual debt since you can use it any time. If you will cut out the extra, it is a quick way to bring down your “debt”.

Annualcreditreport.com is a great resource to use when obtaining your credit report. You can get a credit report free from all three reporting agencies once a year. Use this site and avoid giving out personal information, such as your social security number, to third party companies. You can also avoid paying a steep fee to receive your reports.

Contact the creditors of small recent debts on your account. See if you can negotiate having them report your debt as paid as agreed if you can pay the balance in full. Make sure that if they agree to the arrangement that you get it in writing from them for backup purposes.

Research all the collection agencies that contact you. Search them online and make sure that they have a physical address and phone number for you to call. Legitimate firms will have contact information readily available. A company that does not have a physical presence is a company to worry about.

Even if you have had problems with credit in the past, living a cash-only lifestyle will not repair your credit. If you want to increase your credit score, you need to make use of your available credit, but do it wisely. If you truly don’t trust yourself with a credit card, ask to be an authorized user on a friend or relatives card, but don’t hold an actual card.

Pay attention to the dates of last activity on your report. Disreputable collection agencies will try to restart the last activity date from when they purchased your debt. This is not a legal practice, however if you don’t notice it, they can get away with it. Report items like this to the credit reporting agency and have it corrected.

Start working on your credit report at least a quarter in advance of starting to look for a loan or other items that require a credit check. Corrections to your credit report do not happen overnight and you have to be aware of this. By starting prior to your need for a loan, you give your report time to show the corrections and improvements that you’ve made.

The best way to get back at the debt collectors who were so adamant about going after you is to show them you can and will pay your bills. Not only can you stick it to them, but you will feel proud and happy for yourself when you get your credit straight. This article hopefully provided the tools to do as such.