If you are carrying the burden of bad credit you will pay more for car loans, credit cards and mortgages. Heres seven proven techniques that will allow you to turn your situation around quickly:

1. Pay down your credit cards as fast as possible. You will want to get your balances below thirty percent of the credit limit on each of your credit cards. Most experts will tell you to pay off the card with the highest rate first. I advise my students to pay down the cards that are closest to their limits.

2. Watch your credit card usage. You can increase your score by limiting your charges to 30 percent or less of each cards limit. Some may find it difficult to keep track. For those individuals I recommend that you use a check register.

3. Inspect your credit card limits. Occasionally your credit score will be lower because a lender is showing a lower credit limit than you have. Request that the lender update their information.

4. Dont forget about your old credit cards. The more established your credit history the better. The downside is if you stop using your old credit cards the lender may stop updating your account. So dust off those old cards and put them to use…

5. Please for give me. If you have been a loyal customer a lender will normally take that into consideration when you make a overdue payment. Try giving them a call explain the situation more than likely they will excuse the overdue payment. It doesnt hurt to ask.

6. To agree or not to agree. The older a negative mark is on your credit report the better the chance that you will win the dispute. I recommend that you dispute all negative marks on your credit. What do you have to loose.

7. Knowledge is financial freedom. The more you understand about the credit repair process the better off you will be.

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