You can repair your credit yourself. This will save you hundreds of dollars than having to pay someone to do this for you. If you do decide to have an agency repair your credit, make sure you look out for these signs of a scam running company. Not all credit repair agencies are scams. This is why you need to look out for these signs.

A. If a company wants you to pay money upfront before providing the services to you beware. How do you know they are going to follow through or not? You will be out of money if they don’t.

B. If you are dealing with a company that does not tell you of your legal rights, beware. A company should let you know that you have legal rights and you can do this for free or you can let this company take care of this for you. At least you will have two choices here. Do you think a company will let you know of your legal rights? I sure hope so.

C. Any company that tells you that applying for a EIN(Employer Identification Number) will give you a new identity, is not telling you the truth. No matter what business transactions you do, you will still have to give your social security number. Again, you will not have a new identity with an EIN.

D. Beware of any company that tells you not to contact a credit reporting agency on your own.

The tips you need to legally remove accurate, inaccurate and negative information are:

1. There is a law that does allow you to ask for an investigation of your info with credit bureaus. You will be given the chance to dispute all info on your credit report that’s inaccurate or incomplete. And you can do this yourself at no cost.

2. According to law, you are entitled to a free credit report if you were deny credit or even employment. You can get this free report from all three credit bureaus once a year. The three credit bureaus are Equifax, TransUnion, and Experian. To request a free report from all three agencies, do a search for annual credit report request service. Get your free credit reports so you know exactly what you are working with here.

3. When you have your credit reports in hand, you will be able to dispute mistakes if any and any outdated information immediately for free.

4. You will also be given the chance to dispute items on your credit report that you know nothing about. These items can be soon deleted easily.

It is not the end of the world for having poor credit. If you work on your credit situation, you can again have good credit. There is a light at the end of the tunnel.If you are looking into filing bankruptcy, wait. You can clean up your credit without filing for bankruptcy. More info is available to help you get started.