Negative Credit Repair Help

There are many people in our country today with bad credit that do not even know it. In fact, most of these people will not even find out until they apply for credit and are denied.

Will you be next?

Whether you know you have bad credit or not, there are steps you can take to make sure your credit is moving in the right direction.

  1. Order a copy of your credit report . By law, you are allowed one free copy of your credit report from each of the three major credit bureaus per year. Make sure you that advantage of this. Either order all three at once to get a complete picture of your credit or stagger them throughout the year to keep an up to date picture.
  2. Review your reports with a fine tooth comb. Make sure to take your time and pay attention to every detail. Check your personal information for misspelling and wrong numbers or addresses. Review your credit accounts for proper dates and amounts. Make sure you recognize all the accounts listed on your report. Identity theft is a growing problem, do not be a victim. And take a look at who else has been looking at your credit report.
  3. Dispute information that does not belong there. While going through your reports, make a detailed list of all the information that is wrong or items that should no longer be there. Keep a copy of this list for yourself and send a copy of it, along with your credit report, to the corresponding credit bureau. Then all you can do is wait. A credit bureau is required by law to investigate all disputes and reply within thirty days. If any changes are made, they should send you an updated copy of your credit report.
  4. File a dispute with the creditor. If you know the information is wrong and the credit bureau investigation did not change anything, file a dispute with the creditor that listed the item. The process should be similar to filing a dispute with the credit bureau.

Remember, it's your credit. It's up to you to fix it.

Source by KM Aguglia

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