How to Rebuild Your Credit
It will take some time to rebuild your credit. Your credit history will remain on your credit report for seven years.

Obviously, you will need to be scrupulous about paying every bill on time. Never miss by even a day.

Over the long term you can improve your credit-worthiness by:
• Obtain a prepaid credit card.
  
• Apply for retail credit cards
  
• An RRSP loan is often available regardless of credit.
• Pay your bills on time and in full. Late payments and collections can have a serious impact on your score.
• Do not apply for credit frequently. Having a large number of inquiries on your credit report can worsen your score.
• Reduce your credit-card balances. If you are "maxed" out on your credit cards, this will affect your Credit Score negatively.
• If you have limited credit, obtain additional credit. Not having sufficient credit can negatively impact your score.
• Reducing your total indebtness
• closing unneeded credit accounts
• avoiding bankruptcy and foreclosures.

Beware of credit repair scams.
You are the only one who can "fix" your bad credit. There is no shortcut to erasing bad credit records.

Credit repair scams prey on the greed and ignorance of people with credit problems looking for a quick fix. Anyone who offers to repair your bad credit rating quickly for a fee is lying to you and will take your money and do nothing.

Only you can fix your credit.

Do not be a sucker. Avoid credit repair vultures. There is nothing that they can do, that you cannot do for free.

If there are errors on your credit reports, you can, with a great deal of aggravation, get them removed, You have to prove there is an error. The credit beaureaux will not take your word.