If you have a mortgage or car payment or both and can't afford to meet payments it would be in your best interest to sell.

This will not only help get you out of debt. Often when you resell your items you can make extra cash to repay your debts and possibly have funds left over. If you don't have items to sell you might want to look into several options available for repairing your credit and begin the process of building your credit score and ratings.

Of course if you are in debt you want to cut back on expenses in an effort to save money to get out of debt. Often we purchase items we don't really need. If you have a lot of items in your home you could also have a garage sale or yard sell. This is an excellent way to make a few extra dollars.

Another great solution is negotiating with your creditors. If you call each creditor and explain your situation, your creditors might offer you a monthly installment that can meet your expectations. Any solution or ideal is better than no movement at all. Finding a solution is not always as difficult as it seems.

Let's take a look at cutting back on expenses to get your starting on credit repair.

What is the amount you pay each week on groceries? Do you use coupons to save? Do you purchase products or groceries on sale, or do you pay the high fees for name brands? Finally, do you buy groceries in bulk, or do you go to the store regularly buying only a few items?

Ok, to build your credit you know you need money. If you use coupons, or buy items on sale you are saving money and taking a step toward repairing your credit, since the savings can be applied to your credit bills. What about gas spent to travel?