First, if you choose to use a credit repair company, make sure you do your research and get a company that has a good reputation. There are a number of scams and bad companies who will take your money and run, so be sure to check out their status. Do a search for their name plus 'bad' and 'negative' to see if negative posts or articles have been written about them; also check the better business bureau. Call and don't be afraid to ask questions, such as how long they've been in business, references, etc.

Second, read the Fair Credit Reporting Act so you know what your rights are as you go through the credit repair process. It is important to be informed of your rights and abilities as covered by the act. It was made for consumers like you, so take advantage of its presence.

Third, make sure you are committed and organized as you go about repairing your credit. Keep a file of all correspondence between you and creditors or credit reporting agencies; record dates, times and names of people you talk to and get a copy of your report from each of the major credit reporting companies.