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Pay your bills on time would be a good place to start

Talk with Mr Flopnuts

If you don't have cash, don't buy it.... Simple....

Screw credit, it is your enemy unless you need to buy a house on a 15 year mortgage.

"Repair your credit" is pretty vague. What are you trying to accomplish that requires better credit?

Idiot. Having good credit is a requirement to building wealth. If you think you can live life paying cash for everything you'll never have shit.

1.) Keep your existing lines of credit at 30% of their balance. So if you have a credit card at $10,000 limit, don't go over $3,000.

2.) When you pay stuff off, don't close the credit card. The length of time a credit line has been open is also an important factor.

3.) If you don't have credit yet, get a credit card. Start with a prepayed card from a credit union or a gas card, prepay $300 and use only 30% of that or less each month. Pay it off on time every month.

4.) If you have a family member with good credit, get added on to one of their exisiting credit cards as an authorized user. This should give you a quick bump as their credit becomes your credit.

5.) The type of credit you have is also important. Certain credit lines like real estate have more weight to them that things like a Nebraska Furniture Mart line.

6.) Judgments (like old unpaid cell phone bills, etc.) are like lead weights on a balloon. pay them off. Unless they are really old, like 4-5 years then paying them may make them start reporting again. You should probably pay them eventually too, but for the purpose of credit repair it may end up hurting more in the short term paying off the really old ones.

7.) Pay your bills....on time...every time.

Those are just some of the basics. Credit 'repair' companies usually do a combination of these activities. Credit repair is a matter of showing people you can manage money correctly. Keep your balances low, pay your bills, don't get judgments and if you do pay them off, handle large responsibilities like homeownership, etc. etc. etc.

Tell that to Dave Ramsey.

This is wholly inaccurate.

Your and idiot. Some simple rules to follow to build your credit.
1) Pay your bills on time
2) Pay off old bills
3)If you have CC debit you need to pay it off, attack the CC with the highest interest. If you don't have a CC get one, put small purchases on it each month and pay it off in full each month. This is how I built my credit, I never missed a CC payment and never carry a balance for over a month. I started doing this when I was 16, I am now 23 and my credit score is 782.

I'm a Ramsey fan, but Hog Farmer is right.

I own my own business and I need access to credit. I use Ramsey's principles, but I also make sure I still use my credit cards to make sure I maintain my excellent credit rating. For the most part I pay everything off at the end of the month. I have some ) interest stuff that I let sit and instead pay off ofther debt first

Pay your bills, pay them on time. Pay off your bad debt, and don't rack up CC bills that are very close to your credit limit. It's really not rocket science.

Good debt is ok. I'm pretty much in line with Hoover in principle.

Borrowing money is OK. I built a complete Rental empire by borrowing 100% of the money

All you have to do is do the math. Don't borrow what you can't pay for! Period

I pay cash for everything and I have way more crap than I need.

There is good debt and bad debt. If you are going to take on new debt...find a way to get someone else to pay the debt. Debts to acquire assets (things that appreciate and value and/or cash flow) = good debt, when other people pay the debt service. Try saving up to buy a 30 unit apartment complex for cash.