There isn't one person out there that has never experienced a bad credit mark. Yes, some people have a larger list of bad marks than others, every one of us is in one of just a few possible places with regard to bad credit marks. Your reports are either perfect / nearly perfect, or they need some help fast, or they are shot to hell, and credit is a thing of the past.
It doesn't matter where you fall in the list or how you got there, the bottom line is having the ability to remove these bad marks, your or not, is truly an asset. Even if your Mr./Mrs. Perfect you will someday be faced with at least an error on your report and knowing the steps to remove such an error is quite necessary.
There are no guarantees when it comes to fixing your credit, but a little knowledge of the following and some persistence can provide you with some amazing results and those results can save you literally thousands of dollars, even thousands of dollars a year. Think about it.
The first thing you need to do is order all of your credit reports. This requires an online free credit report service or a written request to Experian, Trans-union and Equifax. So step 1 is simply order your reports. Step two is to go through them with a fine tooth comb and sort out the good credit from the bad credit. Once this is done your next objective is to challenge the accuracy of the mark. Common sense most be used in this step, consider the type of blemish and the likeliness of a favorable outcome.
If it's a large debt that is not that old chances are your challenge will be met with a phone call from a debt collector to pay up. Sometimes this is welcome because negotiating the payoff and getting the account listed as paid, makes it far more easy to remove.
Motivation on the part of the creditor is what it's all about. Some will respond to anything but most will respond only when there's an underlying benefit, like getting paid. If the bad mark is a settled debt, or very old then the creditor / collector may not be inclined to stop what they are doing to reply to the bureaus.
The key is to get the bad mark to a point where there is no benefit for the creditor to respond. Yes they have people for this, specifically to handle these inquiries, but systematical bombardment will likely turn in your favor, especially when there's no money on the line.
I personally like to write directly on the credit report - "This item is not accurate, I have never been late on any payments to this company. - Please verify and remove and forwarded me an updated copy of my credit report upon completion of your investigation."
Credit repair can be a lot of fun, in fact in the coming years it can be an excellent service to provide to the community. If you get good at it you can make a lot of money helping others to remove unwanted, erroneous although sometimes truthful information from their credit reports.
It doesn't matter where you fall in the list or how you got there, the bottom line is having the ability to remove these bad marks, your or not, is truly an asset. Even if your Mr./Mrs. Perfect you will someday be faced with at least an error on your report and knowing the steps to remove such an error is quite necessary.
There are no guarantees when it comes to fixing your credit, but a little knowledge of the following and some persistence can provide you with some amazing results and those results can save you literally thousands of dollars, even thousands of dollars a year. Think about it.
The first thing you need to do is order all of your credit reports. This requires an online free credit report service or a written request to Experian, Trans-union and Equifax. So step 1 is simply order your reports. Step two is to go through them with a fine tooth comb and sort out the good credit from the bad credit. Once this is done your next objective is to challenge the accuracy of the mark. Common sense most be used in this step, consider the type of blemish and the likeliness of a favorable outcome.
If it's a large debt that is not that old chances are your challenge will be met with a phone call from a debt collector to pay up. Sometimes this is welcome because negotiating the payoff and getting the account listed as paid, makes it far more easy to remove.
Motivation on the part of the creditor is what it's all about. Some will respond to anything but most will respond only when there's an underlying benefit, like getting paid. If the bad mark is a settled debt, or very old then the creditor / collector may not be inclined to stop what they are doing to reply to the bureaus.
The key is to get the bad mark to a point where there is no benefit for the creditor to respond. Yes they have people for this, specifically to handle these inquiries, but systematical bombardment will likely turn in your favor, especially when there's no money on the line.
I personally like to write directly on the credit report - "This item is not accurate, I have never been late on any payments to this company. - Please verify and remove and forwarded me an updated copy of my credit report upon completion of your investigation."
Credit repair can be a lot of fun, in fact in the coming years it can be an excellent service to provide to the community. If you get good at it you can make a lot of money helping others to remove unwanted, erroneous although sometimes truthful information from their credit reports.
About the Author:
credit repair skills are important to every person on the planet. You should have some personal knowledge of how to repair bad credit, just like you should understand how to balance a check book. Think of the benefits. For a complete manual on credit repair strategies visit us at http://www.creditfixingguide.com
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