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Can I repair my own credit? Of course you can! Many of our readers, and even yours truly has
cleared up a few blemishes on their reports. And by the way: everything a credit repair clinic can
do for you, you can do for yourself at little or no cost.
There is no charge for requesting an investigation. The whole key to the credit repair procedure is
that if the credit bureaus cannot verify information on your credit report they must remove it. For
instance, if a credit bureau cannot contact a collection agency which is reporting a collection on
your report, they cannot verify the information, and the credit bureau must delete the entry.
Credit Repair Strategy
You can repair your credit, but in order to do so, you need to:
That's all there is to it. Seems easy enough, but you must have patience, because the credit
reporting bureaus are not always very cooperative. They make their money by providing credit
reports to lenders; not by fixing bad information in their databases
cleared up a few blemishes on their reports. And by the way: everything a credit repair clinic can
do for you, you can do for yourself at little or no cost.
There is no charge for requesting an investigation. The whole key to the credit repair procedure is
that if the credit bureaus cannot verify information on your credit report they must remove it. For
instance, if a credit bureau cannot contact a collection agency which is reporting a collection on
your report, they cannot verify the information, and the credit bureau must delete the entry.
Credit Repair Strategy
You can repair your credit, but in order to do so, you need to:
 | Get and review your credit report. Visit Annual Credit Report. This central site allows you to | |
| request a FREE credit report, once every 12 months from each of the nationwide consumer credit reporting companies: Equifax, Experian and TransUnion. |
| Analyze your report when received. |
| Make a list of all items you consider to be questionable or negative. Clearly identify each | |
| item in your report that you dispute, explain why you dispute the information, |
| Write a dispute letter to the credit reporting bureaus. |
| Send the letter to the credit reporting bureaus. Make sure you send it registered or certified | |
| mail. |
| Document your efforts. Record when you sent your letters, and the results. |
| Wait for the bureaus to investigate your claims. |
| Analyze the results. |
| Was the item deleted or changed to your satisfaction? Repeat steps 1, 2 and 3 above until | |
| you feel the dispute is settled to your satisfaction. Remember, there is no charge for a reinvestigation. If you don’t get the results you want, dispute the listing again. |
That's all there is to it. Seems easy enough, but you must have patience, because the credit
reporting bureaus are not always very cooperative. They make their money by providing credit
reports to lenders; not by fixing bad information in their databases
How to Repair Your Credit
Copyright © 2006 - 2008 HomesByCharly.com
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By Charly
