Can I Do My Own Credit Repair?

Credit repair is a hot issue these days and one which people are desperately looking to resolve. One of the main things that credit repair is about is making a credit report as accurate as possible. Unfortunately there is always room for error and it can be very difficult for a person to get everything straight in their credit report. The good news is that it doesn’t have to be this difficult if you know how to go about it. Credit repair software helps consumers to improve their credit scores and also to correct mistakes and errors in their credit report.

To make sure that your credit repair company gets the job done properly they need to know where to look for inaccuracies and problems. The first place that should be investigated is the credit bureaus Credit Repair Service. The three major credit bureaus are Experian, Equifax and TransUnion and each regularly have small mistakes in their reports. By checking each agency’s records you can quickly spot any mistakes and get them fixed so you can start enjoying the benefits of having improved scores.

The next thing that the credit repair experts check is the consumer reports that have been sent by the credit bureau to the three credit bureaus. Again there are often some mistakes made here too but the good news is that you can easily fix them and enjoy a better credit score. Consumers tend to forget that they have paid bills over time to a number of different companies and it’s not unusual to have bad credit reports from this. A good credit repair company will check all these reports carefully to spot any mistakes.

Sometimes inaccurate negative information can be removed by a simple letter to the bureau. If the information continues to remain on your credit reports for more than thirty days then this is considered inaccurate and needs to be removed. There is no reason why you can’t remove this bad information yourself so don’t be afraid to write a letter to the credit repair company if you suspect this information needs correcting.

You could also get a bad credit standing due to a legitimate reason. Some people might have been victims of identity theft, which means that they had their personal information stolen and used by someone else to make purchases on credit. To dispute this you need to send them a dispute letter, but here too, disputing by yourself is perfectly reasonable.

When you have bad credit reports then you need to be careful about using software that you find online to clean up your records. Some of these tools can actually damage your credit standing rather than making it better. Because you are trying to repair your own records you may want to consider using a service that will setup fee for them to do the job. This setup fee is generally much lower than what you would pay to a credit repair company. Using a service will ensure that your credit repair company won’t be contacting you every month to make sure the software has been successfully installed.

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