If you are anything like me, you probably find yourself heading into Spring with the residue of holiday bills, a March Madness hangover and an annual ding or two on your credit report to show for it all.

Everyone knows that the economy ain’t looking to high and mighty right about now, and while things invariably rebound in due time, it’s one of the worst times in recent memory to suffer from a blemished credit score. Why? It’s quite simple. If you’ve been watching the news lately you’ve certainly watched the credit crunch evolving into what some forecasters are predicting is the worse housing crisis in 25 years…and if your credit is GOOD you are going to have a harder time than normal qualifying for a top notch loan as a consequence.

This says nothing about those of us whose credit has taken a Riddick Bowe kidney punch in the last year or two. ( Believe me, I know – I’ve had my home for sale for 14 months with only a handful of showings) But fret not…if you know what the laws are and how to utilize them to your benefit, you CAN fix your credit in no time, regardless of how low it appears right now. Read on as explore your options.

Ok, let’s take a look at some easy ways to fix your credit report. For many people with bad credit, their lives are a continuing cycle of high interest rates, fewer financial opportunities and many missed chances to succeed in our materialistic plastic culture and community. It is unfortunate then, that so many don’t realize that there are very simple laws available to you right now, designed to ensure that your credit report is accurate, and not unduly punishing for past problems in the financial arena.

Simply stated, the Fair Credit Reporting Act (FCRA) and several other laws regarding debt and its repayment were enacted due to the lack of oversight many credit bureaus faced when reporting your credit worthiness to a potential lender. After a veritable avalanche of complaints (the FTC said that there were more consumer complaints about the credit bureaus than all of the other trade associations combined!) Congress stepped in and formulated laws that serve to protect you still. These laws have been amended several times since, and even further protections have been enacted during the Bush administration, proving once again that consumers have benefited dramatically from having them in place.

What do they provide, you may ask? Simple. They give you the right to dispute ANY information you believe to be inaccurate in ANY way. They give you the right to a statute of limitations on how long information can be reported as delinquent. They put firm rules for the "aging" of debts – i.e., when did the debt first go delinquent? They provide a clear cut channel to facilitate the process of filing a dispute with the bureaus if you feel you have been wronged. They acknowledge the right and existence of credit repair companies, and SO much more that it would take far more space than this article allows to detail.

Suffice it to say, the FCRA and the tangential laws that involve your debt (such as the Fair Debt Collections Practices Act) gives you rights and pathways to fix your credit legally in a jiff should it need it! It is unquestionably the #1 "secret" resource that all of the fat cat lawyers and credit clinics refer to when advocating in your behalf. And of course – if you need to fix your credit, simply understanding the rights afforded you under this sweet legislation is 75% of the battle.

The rest is simply taking some action and getting to work! 

Are you Humiliated by Your Credit Score? Read on…to discover how you can fix your credit fastand get new credit quickly – even if you are broke as a joke and don’t deserve it!