Credit Repair is the process of working with credit bureaus and creditors to improve a person’s credit report as a way of increasing their FICO credit score. These steps usually include examining all the debt that a person has acquired and then devising a plan to reduce or eliminate the debt. Credit repair is especially important to people that are trying to receive better credit options including competitive interest rates. The objective with permanent credit repair is to remove all negative items reflecting so that only positive accounts remain on your credit profile. Every negative item removed can improve your score from 5 to 25 points which in turn will help you qualify for lower interest rates, larger loan amounts, and lower down payments on future loans.