Credit Unions

• Credit unions are nonprofit organizations that offer their members deposit accounts, credit cards and loans, as well as financial education. Their service is more personalized and flexible than major banks, and they tend to be more lenient with their lending practices. When choosing a credit union, make sure it is insured by the National Credit Union Administration.
  
  

Credit Counseling

• Credit counseling services can assist you in rebuilding your credit and teach you how to track your bills and set a budget. Before you sign up with a company, verify that it offers legitimate and affordable services.
  
  

Credit Repair Companies

• Credit repair companies help people fix their credit, especially if they have filed bankruptcy or had loans turned over to collection agencies. Make sure the company is a legitimate enterprise. Before you sign a contract, make sure the company provides you a document outlining your state and federal rights, as well as a written contract, recommends the Federal Trade Commission.