This instructional tool provides step-by-step credit repair guidance for the potential home purchaser. The homeowner-to-be is advised not only how and where to locate his/her credit report, but also how to remove any blemishes from the report, whether they are the result of poor credit performance or due to credit reporting inaccuracies. The reader will also learn how mortgage lenders formulate their credit scoring systems to determine whether a prospect is creditworthy, and what his/her legal rights are under such scoring systems. A copy of the Fair Credit Reporting Act (FCRA) is included for the reader to review and use as a reference. The FCRA was designed to protect consumers against inaccurate and unfair descriptions of their credit history. Sample letters to credit bureaus and creditors are included also on a 3.5 floppy diskette for the reader to use as he/she follows the steps.