The first steps you can take in order to fix a bad credit rating is to take a look into your own personal credit history.
As bad as things may look, you can start repairing your credit just though a few simple steps, always check for incorrect credit report information as this can make matters worse if you especially have a bad credit rating to begin with.
Make sure that you order your credit history and check for errors, since the US Public Interest Research Group has reported that an estimated 25% of reports do contain errors.
You can order your report from Trans Union, Equifax and Experian.
You will be entitled to a free yearly credit report on a yearly basis and every time you are refused insurance, employment and credit.
If you are sure that there is a mistake on your report, you may write a letter to your credit agency explaining your matters as well as provide detail on the report, after which a decision can be made once all possibilities have been considered.
If you plan on getting professional help be aware that you will require a detailed description of whatever mistake is found on your credit report and any services that may have been performed as well as the duration of those services.
One important step that you can take in order to ensure that you have a chance at repairing a bad credit rating, is to negotiate with your creditor in order to establish an appropriate payment plan and establish how much, when and how you intend to pay your debt.
The majority of creditors out there usually will agree to remove negative credits from your report if in return you agree and make sure that you pay what is agreed.
Creditors can also drop the interest if you agree to repay in a lump sum as the first payment.