Repairing Credit Yourself
The Fair Credit Reporting Act gives you the right to dispute any and all items on your credit reports that you feel classify as inaccurate, unverifiable, or misleading. If the bureaus can not verify that the information on your reports is indeed correct, then those items must be ...
Archive for March, 2008
Written by travelwell on March 10th, 2008
Written by travelwell on March 10th, 2008
Can Consumers Fight Back Against Credit Fraud?
In this age of information, credit fraud is not a difficult crime to perpetrate. The idea that a thief could gain access to your account information or personal data is not as implausible as you might think--social security number misuse has increased over the ...
Written by travelwell on March 10th, 2008
Legal Credit Repair Methods
To better understand what legal credit repair is, it would be helpful to understand a few types of illegal credit repair:
Illegal: Changing your social security number to obtain a clean bill of credit.
If any company should suggest this type of credit repair, report them to the authorities.
Illegal: ...
Written by travelwell on March 9th, 2008
New Goal for Your New Life Together: Becoming Credit Wise
Many people planning to be married take time to reexamine financial priorities, set a new budget, and establish savings or debt reduction goals.
Being credit-wise consumers means realizing that managing your credit requires similar planning and care-and doubly so when you are entering into ...
Written by travelwell on March 9th, 2008
Can credit repair companies be trusted to serve you well?
Many "credit repair" companies claim to remove negative credit with the flick of a wrist. Their advertisements make bold assertions and money-back guarantees: "Bankruptcy, tax liens, judgments... no problem!! One hundred percent guaranteed!! Credit report 100% cleared in 30 days!!" Can ...
Written by travelwell on March 9th, 2008
Can credit repair companies guarantee results and be sure to repair your credit?
Unfortunately no. No credit repair company is so good that it can guarantee a specific outcome. It would be like a defense lawyer guaranteeing that the jury will find his client innocent. Guarantees are a sure sign of ...
Written by travelwell on March 9th, 2008
What is a credit report and how does credit repair work?
Whenever you apply for any type of credit or financing, a credit report is pulled from at least one of the three major credit bureaus. While there are hundreds of smaller credit bureaus around the country, virtually every credit bureau is affiliated ...
