Frequently Asked Questions(FAQ)

Do credit repair services work?

Credit repair services work is covered by the federal Credit Repair Organizations Act. They serve as third-party organizations to communicate with credit bureaus on your behalf and repair your credit problems. While they work, some credit repair services remove negative but accurate credit records, and they come with a hefty cost with things you can do yourself.

How do I fix my credit enough to buy a house?

Buying a house through credit would require a good credit score for financial institutions to consider extending you money. To know how to fix a bad credit score, keep up to date with all your credit payments and carefully examine your credit report's details.

How long do negative items stay on your credit report?

Negative reports on your credit report generally stay for up to seven years.

Where can I find help managing my debt?

You can consult and get credit counseling as a way how to improve bad credit and manage debt. Credit counselors give advice on managing your finances and debt, and offer financial education and money management workshops. 

About the Authors

Catherine Schwartz

Written by: Catherine Schwartz

Finance Editor at Crediful

Catherine is a personal finance writer covering a wide range of investment topics with the aim to help people achieve financial freedom. Passionate about financial literacy and considers it one of the most important life skills.

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