Credit Repair Guide Available On

Share Article recently released a new guide for those looking for do it yourself credit repair tips that work. has a mission to help consumers and borrowers alike in obtaining the latest information on mortgage lending trends, the real-estate market and the U.S. financial landscape for the purpose of helping them obtain a home loan they love. The team at is devoted to help empower both first time and experienced homeowners with valuable resources, first-class knowledge and connections to top-rated industry professionals. To fulfill this goal is continually updating their website with new articles and guides. A recently posted article on gives borrowers some simple do-it-yourself credit repair tips so that they can benefit from the best home loan rates.

The Loan Love article explains: “Despite increased media reports about the importance of credit, many consumers remain mystified by the credit process and have only a vague understanding of what they need to do to ensure their credit is as good as it can be. While the credit industry may seem confusing, the good news is that taking the right steps to improve poor credit – and look better to lenders – is actually a pretty straightforward process.” The article then goes on to give a number of tips on credit repair that gets results.

The first thing that all borrowers should do before they apply for a home loan is to get a credit report from the three major credit bureaus: Equifax, TransUnion and Experian. All consumers in the U.S. are entitled to a free credit report from these three bureaus every twelve months, which enables those who are trying to apply for loans to see where their credit stands so that they can shop around for the best rates for their situation.

The next thing the borrower should do is to spend some time scanning those reports for any possible errors like incorrectly reported late payments or over-limit events, and make a list of every error they find. If any errors are found, the borrower should notify the reporting bureau as soon as possible either by using their online forms or via “snail” mail. When using the latter method, they should be sure to specify the nature of the error including the account name and number and the date when the error was reported. Even a single late payment can have an effect on a person’s credit score, so it is important to be meticulous here.

Now is also not the time to start applying for more credit. Each time a borrower applies for a credit card or loan they can lose up to 10 points or more on their credit score. These points will melt away after a few months, but if the person is trying to get a home loan within that time it can make their score look bad and thus decrease their chances of getting a good rate. Instead borrowers should focus on paying back any credit card debt they owe. Minimizing what they owe will give their credit standing a boost and help them to look better to potential lenders. A good rule of thumb is to try to keep the amounts owed on credit cards to no more than 20% of the card’s total credit limit.

The Loan Love article also says: “Finally, commit yourself to using your credit wisely moving forward. Even if you’ve had credit mistakes in the past, adopting good habits now is important to ensure your credit improves in the future.”

For more information on how to improve your credit, visit for the full credit repair guide.

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Kevin Blue
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