A few years ago, after some tough financial times, I decided I was going to swear off using credit forever. I mean after all, my credit score was in the toilet and I just didn't see any way out.  But as time went on I came to my senses and realized that in today's society we need a good credit score whether we like it or not. It's not just about getting a credit card or loan, our credit score can affect our insurance rates, whether we can rent an apartment and sometimes even whether or not we can get a certain job.  I've compiled this credit repair info for you to use if you've reached the same realization I did.

Of course, how long it takes to repair your credit will depend a lot on just how bad your credit is. For me I had some major issues so it took me about 6 months to really see some improvement. If your score isn't very bad you may be able to get a better score in a far shorter time frame. Just make sure that you understand that it will take dedication on your part.

Step one on your road to credit card recovery is to make sure that inaccurate information isn't hurting you. Request a copy of your credit report from all three credit bureaus.  Look each over carefully and make sure there are no mistakes. If you find a mistake contact that credit bureau immediately, in writing.

Once you've done that they have to investigate your claim and get back to you in a timely manner, generally about 30 days.  Once you're assured that everything on your report is accurate, it might be ugly but at least it's accurate, you can make strides to fix the damage. The first thing you want to do is to start paying off bad debts as quickly as possible (while staying up to date on all your current bills). Start with the ones with the highest interest rate first then work your way down the list.

If you need help making even the minimum payments you can contact a not for profit credit counseling service that can help you set up payment arrangements. Do not get suckered into getting a loan, that will only increase your debt load.  In order to meet your financial obligations you will need to make more money, cut back on your spending or both. 

While you are paying off your old debt concentrate on making all your utility and household payments on time.  This will go a long way to helping your credit score improve.  Don't concentrate so much on the old debt that you ignore your ongoing financial obligations.  That will only make things worse.

Many times creditors will work with you to reduce penalties and lower your interest rate. Especially in a bad economy they figure a little bit of something is better than all of nothing. Talk to your creditor and see if they will work with you.

I guess the most important thing I took away from my credit fiasco is the fact that no matter how tough it is you can't run away. Face up to your issues and deal with them head on. Oh, and use this credit repair info to help you stay on target.