If you've suffered the effects of damaged credit, you're probably ready to rectify the situation. But do you know where to start?

Your credit has taken a beating, so how do you fix it? One of the easiest ways is by proving to lenders that your financial woes are a thing of the past.

Millions of consumers are about to benefit from credit reporting policy changes. Starting on July 1st, the three national credit bureaus, Equifax, Experian and TransUnion, will remove and exclude certain civil judgment and tax lien listings from consumer credit reports. This shift has the potential to positively impact the credit scores of thousands of consumers.

In addition to a bad credit car loan there are other ways in which you can begin to rebuild your credit and raise your credit score.

In order to regain or establish your auto credit you may need to work with one of the subprime auto lenders that offer approved auto loans to credit-challenged individuals.

If you are like most people, the last few years have definitely taken a toll on your finances. Having bad credit scores seems to be a continuing issue for many consumers even though the recession has ended.

While it helps to have a credit score in the good to excellent range, it doesn’t mean you’re automatically disqualified from being able to take out a car loan if your credit is less than perfect.

Financing a car can be an excellent tool for building credit. Credit doesn’t go up and down by itself – many factors make it rise and fall regularly. When you finance a car, you’re adding to at least three areas of your credit profile which can help you improve your credit score.

Without a credit history, you won’t be able to finance large items such as a home or car down the road. Therefore, it helps when young adults start building credit at a young age, and these tips can help you accomplish that.

If you're trying to build up credit, most of the advice you get will typically be centered on using credit cards. But what if you want to build credit without a credit card?