Home > Bankruptcy Articles, Credit Card Articles, Debt Articles, Loan Articles, Real Estate Articles > Credit Repair – The Quick and Skinny on Getting it Done Yourself

Credit Repair – The Quick and Skinny on Getting it Done Yourself

Todays Date: December 11, 2018

Anyone can handle their own self credit repair! The truth that few people know is that credit is really very logical. When people don’t pay bills, their credit score drops. The consequence is bad credit. Pretty basic, right?

If you have bad credit, you probably already know what you need to do about it: Credit Repair. But you may also need some help in knowing the best way to go about it. Let me give you some pointers.

To repair bad credit, you first have to know what is hurting your credit score. Are the items on your credit report reporting correctly? Are you failing to make timely payments on your credit cards? Are collection agencies pestering you? Are you behind on your car loan?

The first thing to do is get copies of your credit reports from all of the three credit reporting agencies and look over them. The next step will be to determine what you need to dispute in credit dispute letters. Keep in mind two pieces of information when you are deciding this. First, everyone has a right to a credit report that is 100% accurate. Next, if you have items that are damaging your credit but are reporting right, disputing them may not do anything to change that. In addition to that, you might be engaging in mail fraud by asserting that you believe the account is reporting incorrectly when you know that it is not.

But if you have some real doubt regarding the accuracy of an item on the report, it is up to you if you want to dispute it. If the company reporting that account opts not to respond to the dispute, the item would be dropped from your credit report. It is pretty commonly known that creditors make mistakes and report things inaccurately, so if you have any doubt, you may well be justified in it. After all, the majority of credit reports have at least some errors on them. In the end, the decision is yours as to what you ought to dispute.

Just about all credit repair services will likely counsel you to dispute everything that is damaging your credit profile. I certainly don’t encourage that sort of blatant dishonesty and gold mining, but I do support each individual’s right to a credit report that s/he feels confident is perfectly accurate. I have helped a lot of people realize that right, so I know it can be done through the credit repair process.

Matthew Wierzbinski is the owner of http://CreditBlossom.com, which offers both written and video instructions on how to repair your own credit. It also offers the public free use of its amazing credit repair letter generating tool, the free and easy Credit Repair Letter Wiz™, which can be found at http://creditblossom.com/Content/LetterGeneratingTool.aspx.

http://financearticledirectory.com/wordpress/wp-content/plugins/sociofluid/images/digg_32.png http://financearticledirectory.com/wordpress/wp-content/plugins/sociofluid/images/reddit_32.png http://financearticledirectory.com/wordpress/wp-content/plugins/sociofluid/images/dzone_32.png http://financearticledirectory.com/wordpress/wp-content/plugins/sociofluid/images/stumbleupon_32.png http://financearticledirectory.com/wordpress/wp-content/plugins/sociofluid/images/delicious_32.png http://financearticledirectory.com/wordpress/wp-content/plugins/sociofluid/images/technorati_32.png http://financearticledirectory.com/wordpress/wp-content/plugins/sociofluid/images/google_32.png http://financearticledirectory.com/wordpress/wp-content/plugins/sociofluid/images/yahoobuzz_32.png http://financearticledirectory.com/wordpress/wp-content/plugins/sociofluid/images/mixx_32.png http://financearticledirectory.com/wordpress/wp-content/plugins/sociofluid/images/twitter_32.png http://financearticledirectory.com/wordpress/wp-content/plugins/sociofluid/images/jamespot_32.png
Comments are closed.