Using a credit monitoring services while you’re repairing your credit can help you track your progress. If you shop around for a good-value service, it’s one of the rare times that credit monitoring is actually worth the money.
Look For Credit Report and Credit Score Monitoring
There are different types of credit monitoring. If you sign up for the wrong kind, it will be useless in helping you see the effects of your credit report efforts. You need a credit monitoring service that will let you see changes to your credit report and score, preferably from all three bureaus.
Look for a Free Month
Many credit monitoring services offer a free 30-day trial. They typically bank on customers forgetting to cancel after those 30 days after which the customer ends up paying for a month of service. This won't apply to you because you're already planning to continue your service, but you'll get a free month anyway.
Make Your Credit Repair Plan
After looking at your credit report and billing statements from creditors and lenders, come up with a plan to repair your credit. Since you'll be monitoring your credit on a monthly basis, it's a good idea, to make a monthly plan. Include what you plan to do to improve your credit each month.
Step By Step Guide to Credit Repair
Monitor Your Progress
Each month, review your credit report and score. Make sure your payments are being reported on time and that your balances are decreasing according to your payment amounts. If you've disputed inaccurate accounts, make sure they are falling off your credit report. Finally, watch your credit score to see how it improves as you clean up your credit.