credit repair


Definition
The process of working with credit bureaus and creditors to improve a person's credit report as a way of increasing their FICO credit score. The steps necessary to improve a person's credit may be done by a single person or some type of credit repair agency. These steps usually include examining all the debt that a person has acquired and then devising a plan to reduce or eliminate the debt. Credit repair is especially important to people that are trying to receive better credit options including competitive interest rates.

Related Personal Finance Articles

Loading...

credit repair in the news

Loading...

credit repair is ...

... part of the Lending & Credit subject.

Search volume for credit repair

credit repair is mentioned in these Investment Tips

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z