Whether you are a first time home-buyer or have owned you own home before this site contains helpful information that can help you in your search for a new home!

Can you simply repair bad credit? No, only time and consistent payments can repair bad credit. However, you can correct inaccuracies in your credit report, if you know what to do.

It's important to understand that you can't erase a bad credit history. Accurate information, both positive and negative, cannot be removed from your credit report. In fact, most correct information stays on your credit report for seven years, and bankruptcies can stay on your credit report for up to 10 years. Over time, you can replace negative credit information with positive information by always making your payments on time. For purposes of this article, credit repair means identifying and correcting inaccurate information on your credit report.

Review Your Credit Report Carefully

The first thing to do is to obtain a copy of your credit report. Under a 2003 amendment to the Fair Credit Reporting Act, you are entitled to a free copy of your credit report once a year. Visit the U.S. Federal Trade Commission (FTC) website on credit for more information. Not all "free" credit reports are really free, as explained in this FTC article about free annual credit reports. To get an annual free copy of your credit report, visit the authorized website www.AnnualCreditReport.com.

Some consumer groups are recommending that you order your credit report via telephone or by postal mail. That is because several websites with names similar to the official annual credit report website are imposters. Read the Privacy Rights Clearinghouse article Call Don't Click, which explains the dangers of ordering credit reports online.

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