Credit repair refers to the process of identifying and fixing errors on your credit report and improving your credit score. This may involve disputing inaccurate information, negotiating with creditors, or taking steps to rebuild your credit history.

Credit repair is important because a good credit score can affect your ability to get loans, mortgages, or credit cards at favorable terms. It can also impact your ability to rent a home, secure insurance, or even get a job in some cases.

If your credit report contains errors, such as inaccurate accounts, incorrect balances, or late payments that you believe are not yours, you may need credit repair. Additionally, if you have a low credit score and are being denied credit, credit repair could help improve your score.

Yes, you can repair your credit on your own. This typically involves reviewing your credit report for inaccuracies, disputing any errors with the credit bureaus, negotiating with creditors for better terms, and taking steps to improve your credit habits, such as paying bills on time and reducing debt.

Late or missed payments, high credit card balances, bankruptcies, foreclosures, too many hard inquiries, and defaulting on loans can all negatively affect your credit score.