“How do I do credit repair?” is the common question. No one can remove accurate and timely bad information from your credit report. However, you may ask for an internal investigation from a credit agency for you to challenge any information in your file which you dispute as incomplete or incorrect. Some folks hire a firm to thoroughly investigate for them, however anything a credit repair firm can do legally, you could do for yourself for free.
A credit restoration firm is a company which specializes in providing legal representation and services to clients who have been the victim of inaccurate information in their credit reports. These firms can perform all the documentation and paperwork required to challenge information if you are unable to obtain them on your own. It can be expensive for the average consumer to hire a credit restoration firm https://strongcreditrepair.com/ to dispute information on their reports, however, if you’re prepared to spend the money to keep your credit standing, it’s worth the time to hire one of these agencies.
An option most people don’t think of is actually calling the three major credit reporting companies and asking them to remove your negative items for you. The three bureaus are Experian, Equifax, and TransUnion. Call each of them and ask them to remove any erroneous item from your credit report which you believe to be wrong. You will need to write the credit restoration service requesting that they do this for you. Most of them will find it unnecessary to act on your behalf, however, so don’t expect to receive a response in a short amount of time.
In the event that they do find something that needs to be fixed, you may wish to hire a credit restoration service to handle the follow up on the item for you. It’s always better to have the problem fixed early before it does more damage. You could ask each of the credit bureaus for a written letter regarding the error, as well as proof of when the error was made. Once you receive this information from all three companies, make sure that you carefully look over the letter and the supporting evidence provided to determine whether the items are valid.
If you find items of yours on your report which are not valid, the first step would be to get in touch with the credit repair companies mentioned above and dispute the issue with each bureau separately. You should also begin to dispute the negative items with the creditor responsible for the inaccurate entry. Many times, creditors are not willing to remove inaccurate or outdated information, especially if it came from a previous year. It is important to remember that even older negative entries can still be removed by contacting the creditor and working out an agreement to make it permanent. If the creditor agrees, your bad credit repair situation will be fixed.
Sometimes, the dispute process mentioned above won’t work. In that case, a credit repair service is capable of removing inaccurate information from your credit reports. This service works by hiring attorneys to draw up a “do not replace” order, which means that the creditor is legally prevented from adding the incorrect information to your credit score. After doing so, the creditors will often add the updated information themselves, without your permission or knowledge. By following this process, your bad credit score will quickly improve, making it easier to get the loans you need to fix your situation.