Method #3
Do It Yourself Credit Repair Programs

Some Do It Yourself Programs Are Excellent, Many Are Not. I'll Tell You Why And Then Which Ones I Recommend.

Intro:

Most of the credit repair programs, courses, ebooks, etc. fall under this method of credit restoration.

Depending on the course you purchase, this can be a pretty good route to go.

Some have become outdated because they have not been upgraded as new laws and regulations have come along or as the credit system, in general, has changed.

But some have kept up with the times and some are newer and didn’t have to worry about upgrading in the first place.

If you have the self-discipline to get through the entire course and then do what it says, then this method will work and get you to the desired result of great credit.

Personal Experience:

I did this a few years ago.

At the time I did this, I had already cleaned up my credit once before by using a credit repair company.

So, I was already familiar with the process of credit repair to a degree and knew that it really could be done.

It was just a matter of whether I was going to do it or if I was going to let someone else do it for me again.

But I was struggling financially and I knew that a credit repair course would cost less than hiring one of the credit repair companies.

I tried going straight to the credit bureaus to get the information I needed.

When that didn’t get me the results I wanted, I knew that there had to be a better way to solve my problem.

So, I went hunting. In the process I found more than one credit repair course that claimed to be able to teach me how to restore my good credit.

I really didn’t know which one was the best. And I didn’t find some credit repair guru somewhere that was able to give me the pros and cons to all the courses out there.

Some of the courses looked better than others, of course; and in the end I picked what looked like the biggest and most comprehensive course of them all.

I spent $80 on it and got a manual in return that was over 300 pages.

On the positive side, it was easy to read and well written and organized. I actually wrote the letters and had negative accounts removed from my credit reports.

And my credit score really did improve.

One the negative side, the course only had a couple of basic examples of a dispute letter. If it had included a CD with several example letters where I could just fill in an account number and mail the dispute letter, I would have been much more impressed.

Because sample letters weren’t provided, I was frustrated at having to create dispute letters, and then create variations when I needed to dispute an account again.

Despite those challenges, I stuck with it and took my credit scores from the low 500s all the way up to the low 700s.

In a few months I went from not being able to get credit to having “A” credit and being able to get a home loan, a car loan and multiple credit cards.

And I got all of them at great interest rates!

With that being said, let me give you a quick run-down of the pros and cons of this approach to repairing your credit.

Pros:

• Thousands of dollars less than the Time Method.
• Hundreds of dollars less than a credit repair company.
• The same price range as credit repair software.
• Far more effective than following the Credit Bureaus’ Instructions.
• Will usually take less work than a credit repair company will require of you, although you'd think it would be the other way around.
• Much faster than waiting months or years for your negative credit accounts to reach their termination date and fall off your reports automatically.

Cons:

• Will require more work than using credit repair software.
• Some of the courses are outdated.
• Many of the courses leave it up to you to write the dispute letters.
• Even if the course doesn't cost much, it's still too much if the info is no longer accurate or effective.
• You have to take the initiative to keep up with each negative account on your credit reports.
• You must track each step that you've taken, aw well as steps still need, in order to successfully get the negative accounts removed.
• You must take the time to read and understand the course in order to actually do it. Most courses will be over 100 pages and many are more than 200 pages.
• You are likely to quit somewhere along the way because there is so much to read, understand, implement and follow up with in order to succeed.

Recommendations:

I've looked at several different credit repair courses. Honestly I didn’t even bother looking very deeply into many of them because their sales pages were so poor. I figured that if the first impression was that bad, how good could their main product really be?

Of the three I’m going to recommend, I will admit that I’ve only completely read one of them. I do plan to get to the other two eventually. But up to this point I’ve put my in-depth focus on the two remaining credit methods, since they are the best ones and the ones that most people will choose and benefit from.

So, with that acknowledgement aside, I’m only going to mention three credit repair courses right now.

• Credit Secrets Bible
• Improve Your Credit Score In 24 Hours
• Credit Millionaire

Until I get to the point where I’ve studied each of these courses in-depth and can make thorough reviews of each, let me summarize each of them here for you.

Credit Secrets Bible is the #1 do-it-yourself credit repair course on the market today. It may be the oldest credit repair course, too; but it is kept current from everything I’ve seen. This company is very aggressive about their marketing and advertizing and is constantly putting out new articles and other materials which tell me that are focused on staying out in front of the competition.

Improve Your Credit Score In 24 Hours, is authored by a man that was a manager at one of the main credit bureaus for several years. In addition to the main course, you also get a ton of bonus materials that are worth way more than the price of the course itself.

Credit Millionaire is the program I mentioned earlier—I bought this do-it-yourself credit repair course, read it and then effectively used it to fix my credit.

It’s a very good course, but its focus is on building more and more credit to the point that you have upwards of a million dollars of credit available in your name. While that’s great information, and it does teach you how to fix your credit in the process, it’s a bit off the primary goal of most that are reading this information right now.

Of these three, all are a safe bet and will get you on the road to great credit. I’ll leave it up to you to take a look at each one and decide which appeals to you the most.

Lacking a complete study of all three programs, I won’t guide you any more than that at this time. But let me say that the two remaining methods, Fix Your Credit Software and Fix Your Credit Companies, are still better than a credit repair course.

And once you read about these two methods in the next two sections, you’ll know why.

Conclusion:

Method #3, Do It Yourself Credit Repair Programs, is good and effective. But if this were the Credit Repair Olympics, then this method would take the bronze.

It will work, but be careful. Each do-it-yourself program, as good as it may be, will leave it up to YOU to stay on top of the entire process from start to finish.

This method is worlds better than the Time Method and the Follow The Credit Bureaus’ Instructions Method, already discussed, but not nearly as good as the remaining two, Fix Your Credit Companies and Fix Your Credit Software.