It’s not only irresponsible people who fall into deep debt. People who pay their bills on time and honor their debts, sometimes get struck with a little bit of bad luck that ultimately spirals out of control, and creditors are not forgiving of your bad luck. They want their money and they want it now. But what can you do to fix that bad credit rating? Here are a few tips that can get you started on the road to repairing your credit.Cancel your “introductory” credit cards as your credit starts to improve. Those cards serve a very useful purpose in building your credit, but the interest rates and terms on them are usually terrible. When you have improved your score enough to qualify for a better credit card, go for it and get rid of the old ones.An important tip to consider when working to repair your credit is the fact that correct information can never be removed from your credit report, be it good or bad. This is important to know because many companies will claim that they can remove negative marks from your account; however, they can not honestly claim this.Consider a free credit service such as consumer credit counseling services. These non profit organizations will help you to establish a repayment plan with your creditors and can often times lower the amount that you owe and the interest that you pay. This is a better option than bankruptcy for your credit score.Credit repair scams are a dime a dozen, so understanding what is legit and what isn’t is key in finding someone to help you with your problems. For example, if a company contacts you but doesn’t tell you about your Fair Credit Reporting Act rights, then they aren’t a trustworthy business.On a yearly basis, review your credit report for items that could mean your identity has been stolen. If you see inquiries that you did not authorize or accounts opened that you do not recall, start taking action immediately to secure your identity and put a hold on your credit.It is possible to add an explanation to your credit report to give additional information about the circumstances of any items that appear negative. Falling behind on a payment may have a very good reason. Adding the reason to your credit report makes it more accurate and may help you if you are applying for a loan.An easy way to start the credit repair process is to limit yourself to one credit card. The less cards you have the easier it will be to keep track of balances, fees and payments. Write the issuer of each card you do not plan to keep and close the account. You’ll need to transfer that balance or pay it off.You should evaluate your debt. Review your credit report and take a look at how much debt you are in and what steps you need to take to fix it. By doing this you may find out that your debt situation is not as bad as you thought it was.Don’t fall for the credit repair companies scams, they make lofty promises that they can’t fulfill. It is a fact from the Federal Trade Commission that they have never seen a legitimate credit repair company. You will be better off saving your money and repairing your credit yourself with a little hard work.If you are looking to sign up for a credit repair service, make sure that you are not too hasty and you look up information on the company you are dealing with. Also keep in mind that most credit repair companies that are legitimate will only ask you to pay after they solve your issues.Find a good quality guide to use and you will be able to repair your credit on your own. These are available all over the internet and with the information that these provide and a copy of your credit report, you will likely be able to repair your credit.If the credit repair company you’re interested in tells you they have secrets which can help them work harder for you than any other company, they’re lying. There are no secrets which can help anyone work on their credit repair any faster than anyone else. I wouldn’t trust anyone who lied to me!Contact your creditors. If you cannot repay your debt in whole or at all you should contact them. They may be able to offer you a payment plan or set up future payments for you. You should not avoid them, they will usually work out a plan to get you caught up.Don’t purchase any luxury items until your debts are paid off. You want to focus on paying off any debts that you have so that companies will begin to trust you again. If you spend your money on new electronics instead of on your debts, you look bad and it makes it seem like you’re irresponsible.Remove cosigners from your accounts. Adding a cosigner is a good way to get credit, especially when you are first starting to repair your credit score – and they offer another chance to bolster your score when you remove them. Once your credit gets to a point where you can qualify without cosigners, call your financial institution and remove them from your existing accounts.It is a bad idea to threaten credit companies that you are trying to work out a deal with. You may be angry, but only make threats if you’re able to back them up. Make sure to act in a cooperative manner when you’re dealing with the collection agencies and creditors so you can work out a deal with them.As you’ve learned here, there are plenty of steps you can take and ways to repair your credit that will not require having your proverbial day in court. You might have to develop a silver tongue and deal with a little more stress than you’re used to, but following these steps can help you get out of debt.