Credit Repair
Credit Repair
Credit Repair
Loans and bills repayed on time, every time Loans and bills are repayed late
You don’t get close to the limits on credit cards: you use You get very close to your limits on credit cards: they are
20% of the limit or less “maxed out”.
No legal issues Bankruptcies, liens, and judgements
CREDIT REPAIR
Get nonprofit help.
Guidewell Financial Solutions is a nonprofit organization that offers free and low-cost financial services. Learn
more at www.guidewellfs.org or call 1(800) 642-2227.
The Maryland CASH Campaign offers free financial education classes and asset building programs. Learn more
at www.mdcashacademy.org.
Challenging items on your credit report.
Get your credit reports—you get one a year for free from all three companies. The credit report is different
from your credit score—a report is a several page-long document that goes into detail about your financial
history, and it is used by the reporting companies to calculate your credit score. It is important to get all three
1 of 2
A WARNING
MVLS recommends you avoid all for-profit credit repair companies.
They can’t actually do anything you can’t do yourself, including challenging negative items.
Do not pay credit repair companies upfront. Legally, they can’t make you, and if they try it means they’re not
legitimate.
Many credit repair companies misrepresent their services.
See http://consumerfinance.gov/about-us/blog/how-avoid-credit-repair-service-scams/ for more information.