Credit Repair can mean many different things. Sometimes it is just
paying your bills on time so that your credit report shows that you are
making payments on time and not late. Sometimes it means that you
need to get a copy of your credit report and analysis it to find out if
you have any bad credit that has been reported. Credit repair is
very important if you feel that some bad credit has been applied to your
credit report and it is not yours.
If you find that you have some bad credit and you do not believe it is
correct, the credit reporting agencies have forms that you can use to
file a protest with them and they will contact your creditor and double
check the credit issue. If you are correct and it is not yours,
the credit reporting company will usually remove the bad credit.
We are not a credit reporting company and we cannot fix or correct any
bad credit that you many have found on your credit report. This
can only be done with the major credit reporting agencies. You do
have the right to obtain for free, your credit report on an annual basis
from the major credit reporting companies.
Credit repair is cleaning up the your financial credit reputation. The
process starts with the individual, and will continue as long as the
individual puts the effort. Get a copy of your credit score, find a
reputable credit repair company and start cleaning up your credit
history. If you have a poor credit history, then you need a credit
Equifax, Experian, and TransUnion are required to give you a credit
report every 12 months. These companies websites gives you details on
how to obtain your free credit report. They have a toll-free number and
mailing address for you to order a credit report.
You have to contact these three companies separately for your credit
report. Remember that if you want an extra copy of your credit report
these companies can charge up to $10.50 after your free one.
After receiving your credit report, and you find a discrepancy, remember
to dispute it. Write the consumer reporting company directly. In your
writing be very specific and give supporting documents. State the facts
on why you are disputing the discrepancy.
Give your full name, address and phone number for information to the
reporting company. You must allow 30 days for consumer reporting company
to do an investigation. The reporting company will in return write you a
letter stating the result of the investigation. Remember not to make a
fraudulent dispute because this is a crime.
Credit report information can affect your applications for a loan or
insurance. Have all the supporting documents that will clean up your
credit report. There are many companies that will help repair your
There are many local credit counselors you can go to. Credit repair
companies helps you develop a budget, manage your money, gives you
materials for credit repair and debt management.
They give you a good understanding how on to keep your credit score up
to standard. There are some non-profit credit repair companies. You can
find them at Universities, Military Installations, Government buildings
and local city offices.