As strange and ridiculous as it may sound, credit repair is important to save you money in any future purchases or loan applications that you may be making. The majority of the population misses a payment here or there, or is late on making a payment. This is not the end of the world, however, if it is done regularly your credit will be affected. Unfortunately for those who have bad credit, the world we live in today relies on it greatly. There are things that you cannot do without a credit card. If you do not have a credit card, you cannot rent a car or a hotel room, unless you have a huge amount of cash at your disposal. If you have hit a few bumps, and you are trying to repair your credit, there are many things you can do to boost that quickly. Your credit score is evaluated by various factors. Those factors include: how much credit you have; how much you owe; how you treat your credit, i. E. Minimum monthly payments, etc.; missing or late payments; the Beacon score. Your credit score is your report card. Creditors use it to grade you. The lower your score, the more difficult it is to get credit and, the credit that you do get will be at much higher interest rates. Hence, better interest rates equal saving money. One fast and easy way to rebuild your credit on your own is by ensuring that you are making your payments as scheduled, by the due date. If you cannot make at least the minimum payment on all your credit cards and loans, contact your banker to see what you can do together. More often than not, they will be able to give you a loan consolidation that will result in you making only one payment every month. Do not pay one creditor properly and neglect other ones. If you cannot seem to come out of the hole, find a credit repair service that can help you. They help individuals that have found themselves in financial problems. These people working in credit repair services know how to negotiate with creditors. They help you by getting better interest rates, lower administration charges, etc. Once you negotiate a settlement with them, you issue the company a monthly payment, which in turn, they distribute among all your creditors. Improving your credit is not as difficult as you may think. Call me at 800.411.3050 if you have any questions. I am more than happy to help you.