Now that the economy has taken a downturn, even more people are struggling to maintain good credit. Repairing damaged credit can be a pain, but we can help you make it as easy as possible.

The first thing to do is to check your score. There are many websites you can use to obtain this information. After you find out your credit score, you can start to work on improving it and fixing problems with your report.

Contact all of your creditors and find out which of them allow delayed payments or installment repayment plans. Once you know which bills you can't put off, you'll want to pay those first. Include interest rates and late charges in your plans. If you pay off the highest rates first, you will save money.

Don't forget to document unusual entries on your credit report. In order to maximize the chance that you will identify inaccuracies and hints of identity theft in your records, assemble them in one place for easy review. When it comes to your credit rating, it is up to you to monitor your information and protect yourself and your credit reputation.

Familiarize yourself with regards to your rights when it comes to dealing with collection agencies. In spite of what collection agencies might tell you, you won't be sent to jail for not paying your bills. Each state has its own laws, but threats and verbal abuse are nearly always illegal. Take action to ensure that your rights are respected.

If you hold credit cards, it is a good idea to keep at least 70% of the available credit unused. If you do not keep 70 percent of your credit available, you are in danger of hurting both chances for new credit and your budget due to interest charges and payments.

Do what you can to get your bills out of delinquent status. Pay extra attention to past-due credit card bills. If you take the time, most collection companies are willing to work out a payment plan for you. Avoiding them will only make them less likely to work with you. They will not be as nasty if you're making an effort. Some agencies may even consider offering you a settlement. Setting up a payment plan is a great way to get creditors off your back.

By following this advice, you can start repairing your credit. While you might be tempted to pick and choose, the suggestions presented here are all proven ways to improve your score as quickly as possible.