If you are having credit problems and thinking of using one of the companies that you hear advertising that they can fix your credit report legally, don’t do it. Most of these companies try to convince you to do things that you may not know are illegal, but they are. There is a legal way to fix your credit report, but you don’t have to rely on someone else to do it. If you have the time to invest in it, and the resolve to do what needs to be done to fix your credit report, you can do it yourself.
The first step you need to take to fix your credit report is to request a copy of your report from each of the major credit reporting agencies. These agencies are Equifax, Experian and TransUnion. Once you have done this and have each of the credit reports in front of you, it will be time to put your nose to the grindstone and fix your credit report.
Once you receive your credit report from each of the agencies you need to review it. Look for anything that does not belong, like a loan that you didn’t apply for or a credit card history when you don’t have a credit card. Also be sure to check the address and employment histories. Should you find something that you want to dispute, write it down in detail and notify the credit reporting agency .
If there is a valid negative history on your credit report, the only way to fix your credit report is to pay that debt. A valid negative history is an account that you know you owe, but you haven’t, for whatever reason, paid off. A negative history on your credit report can last up to seven years, ten years if it is a bankruptcy.
If you know there is a negative history and you really want to fix your credit report, and fix it legally, you need to contact the companies that you owe money to and try to come to some kind of arrangement to make payments. If you are paying on a delinquent account, most of the time it will show on your credit report that you are doing so.
Tags: feature, fix credit score, fixing credit report, good credit repair
Categories: Credit Reports 101 , articles
