How to Remove Bad Credit Fast Using Dispute Letters
Credit dispute letter is used to remove bad credit from your credit report.
In today's tough economy it is very critical to keep good credit history.
Getting financing can be challenging if you have a low credit score.
The best way to start fixing your credit is by ordering copies of all three of your credit reports from free annual credit report website.
This central site allows you to request a free report, once every 12 months from each of the nationwide consumer reporting companies: Equifax, Experian and TransUnion.
Once you check your report and find out that you have negative items on it.
Your next step is to identify the items you want to challenge.
Here are some of the items listed in order of descending importance with the first item being the most negative to your credit.
- Bankruptcy - Foreclosure - Repossession - Loan Default - Court Judgments - Collections - Past due payments - Late Payments - Credit Rejections - Credit Inquiries Your next step will be to begin writing dispute letters to remove bad credit from your record.
You will be using the dispute letter, because one of these items is not your account, the information is wrong or account is paid in full.
Once the bureau receives your request they will investigate the bad marks.
Always send your letter via registered mail so you can get a confirmation that it was delivered.
The bureau has to respond in timely manner so this confirmation is a legal proof you have against them.
The Fair Credit Reporting Act is legislation that congress passed to protect the consumer.
This law says bureaus must investigate and remove inaccurate or unverifiable marks.
There are many credit repair companies who will charge you hundreds of dollar just to dispute a negative item.
Be very careful in using such companies.
The Truth is everything a credit repair company can do for you legally, you can do for yourself.
With little inside knowledge and some action you can get your credit fixed.
You can learn how to remove bad credit using credit dispute letters.
You just need to know what to write, how to say it and who to send your request.
In today's tough economy it is very critical to keep good credit history.
Getting financing can be challenging if you have a low credit score.
The best way to start fixing your credit is by ordering copies of all three of your credit reports from free annual credit report website.
This central site allows you to request a free report, once every 12 months from each of the nationwide consumer reporting companies: Equifax, Experian and TransUnion.
Once you check your report and find out that you have negative items on it.
Your next step is to identify the items you want to challenge.
Here are some of the items listed in order of descending importance with the first item being the most negative to your credit.
- Bankruptcy - Foreclosure - Repossession - Loan Default - Court Judgments - Collections - Past due payments - Late Payments - Credit Rejections - Credit Inquiries Your next step will be to begin writing dispute letters to remove bad credit from your record.
You will be using the dispute letter, because one of these items is not your account, the information is wrong or account is paid in full.
Once the bureau receives your request they will investigate the bad marks.
Always send your letter via registered mail so you can get a confirmation that it was delivered.
The bureau has to respond in timely manner so this confirmation is a legal proof you have against them.
The Fair Credit Reporting Act is legislation that congress passed to protect the consumer.
This law says bureaus must investigate and remove inaccurate or unverifiable marks.
There are many credit repair companies who will charge you hundreds of dollar just to dispute a negative item.
Be very careful in using such companies.
The Truth is everything a credit repair company can do for you legally, you can do for yourself.
With little inside knowledge and some action you can get your credit fixed.
You can learn how to remove bad credit using credit dispute letters.
You just need to know what to write, how to say it and who to send your request.
Source...