How to Do Your Own Credit Repair
I was of the same frame of mind until recently. I was also intimidated by the prospect of having to repair my credit. But when I finally decided to go ahead and do it, I discovered that it was not as hard as I thought it would be. Yes, it is definitely a little time-consuming as well as inconvenient, but no more so than many other things. At least it is not as bad as pulling teeth. In any case, I think that everyone should have a go at doing their own credit repair.
To begin doing your credit repair, you first have to get a copy of your credit report. In fact, you should get three--one from each of the major nationwide credit reporting agencies, which are Equifax, Experian, and TransUnion. Getting your report is actually very simple. The law says that you are entitled to a free report once every 12 months from each of the three credit reporting agencies. You can request your credit report from them through a central website at annualcreditreport.com. Or if you prefer, you can also order your report by calling a toll-free phone number, or by writing to a mailing address.
When you have received your copy of your credit report, you should review it to see if contains any items that you would like dispute. It would help your case if you can put together any documentation that can help to support your dispute claim. Then you need to contact the credit reporting agency that authored your report. Send them a letter of dispute along with copies of supporting documents--just copies, never the originals!
By law, the agencies are required to verify all information in your credit report. When you dispute any piece of information, they will have to show that it is accurate, or else remove it from your report. In doing verification, they will normally contact the creditors who provided the information that was summed up in your report. That can save you the trouble of having to deal with every creditor individually (although you may have to do so anyway, at times).
At the end of the verification process, the agency will let you know the results, and if they have corrected your credit report, they will send you one free copy of the corrected version. At that point, you can request the agency to issue a notice of correction to everyone who has obtained a copy of your report within six months prior to the correction. The entire credit repair process will take several hours.
Related Tags: credit repair, debt, credit score, rights, consumer protection, fixing credit, free report, dispute
You can get tips about DIY credit repair and read other articles that can help you with your credit at http://creditrepairinsider.info
Your Article Search Directory : Find in ArticlesRecent articles in this category:
- What's In Your Credit Report?
IdentificationYour name, address, social security number, birthdate and previous and current employm - Pros And Cons Of Low Purchase Rate Credit Cards
Low interest credit cards are outstanding until the time period runs out. Most of these offers promo - Bad Credit Loan Scams
There are several bad credit loan scams out there. These are usually aimed at those that don't have - Successful Credit Repair Methods
If you bad credit, you are not alone. Fact of the matter is there are tens of thousands in the count - Auto Loans Bad Credit: Bad Credit Is Not An Obstacle Now
Now a days, people want their own Cars. Though there are Public Transport Systems, they do not watch - Credit Card Services For Your Business
Co Branded Credit cards can be very beneficial for you if you have a business. These cards are onlin - Will The Actual Natural Motion Endure Large Food? -- Horizon Milk
The natural food business may be going through major work day in energy in the past 10 years. Becaus - Prices Of Dlp Lamp Alternative Parts - Dlp Bulbs
Since you will have to purchase a DLP> lamp each and every few years, it might be useful to know the - Dlp Bulbs -- Facts About Dlp Lamp Replacement
With regards to technical breakthroughs there aren't many things that are more popular than tvs and - Ways Which Anybody May Restore Their Very Own Credit Rating Easily - Credit Repair For Dummies
If you listen to a lot of the actual ads which are available regarding credit>, more than likely you
Most viewed articles in this category:
- Credit - Repair
To make the life more comfortable people purchase lots of things from clothing to cars and homes tha - Helpful Tips For Using Low Interest Rate Credit Cards
People with good credit ratings often receive offers for low interest rate credit cards. A credit ca - Benefits to Businesses Accepting Credit Cards
Many business owners report a sharp increase in profit when they begin accepting credit cards as a m - How To Remove A Bankruptcy From Your Credit Report
Credit report repair can be a long, tedious process and one of the hardest items to get removed is a - Putting Low Interest Rate Credit Cards To Work
If you have a solid credit rating, then you may receive offers for low interest rate credit cards. Y - Buying A Car With A Personal Contract Purchase Loan
If you are looking to buy a car but are unsure whether or not a new car is worthwhile, then you shou - Credit Repair - Tips And Tricks That Work
When you apply for credit, your lender will request a credit report from a credit reporting agency. - Bad Credit Debt Consolidation
No doubt there are numerous bad credit personal loans but hunting for a secured loan for bad credit - Before You Buy
Check out the market in the area you want to buy. Find out what price houses are going for and - Top 10 Keys To Creating A Good Credit Score
We know it can be unfair but credit is used for everything these days. Utility companies are even us