how to remove bad credit from credit report
Improve Your Credit Using What The Courts Use
100’s of millions of dollars have been paid out by all three credit bureaus in lost lawsuits based on a technicality in the law! This is the same technicality that can fix your bad credit and improve your credit scores!
The credit bureaus often require the plaintiffs to not disclose the reason they lost the case or the settlement amount because they don’t want the public to know.
Court Ordered Credit Repair
Fixing bad credit revolves around the vagueness in the law which covers HOW the credit bureaus are to accurately verify what they are reporting about you. It was never spelled out. The credit bureaus feel that all they have to do is accept what the creditors are telling them as accurate without seeing any actual documentation and that is enough. Leaving the burden of proof on that credit furnisher. However, the courts have absolutely DEMANDED that the credit bureaus go far beyond just accepting a third parties say so. The courts state that the law evinces the credit bureaus to do a thorough investigation, going far beyond reporting hearsay and that since they collect and profit by this information that they will be held liable when it is inaccurate, misleading or unverified. The courts have gone so far as to state that the credit bureaus are, “habitual repeat offenders of the Fair Credit Reporting Act”!
The Cost of Bad Credit is Too High
This is the very point of law which makes fixing bad credit possible. Because the credit bureaus are sticking their damn fingers in every part of your life, it is beginning to really have a financial impact on consumers. Therefore, it is worth the effort to learn about repairing bad credit and taking the steps to do so.
Want to know the secret to removing bad credit history?
The secret is, there is no secret! There are hundreds of videos and thousands more websites all explaining why credit repair works. The law protects you from unverified credit reporting by the credit bureaus. And the credit bureaus DO NOT VERIFY what they report. They merely accept third party hearsay. In other words your creditors just tell them what to report, the credit bureaus never actually see any original documentation.
If there is a secret to removing bad credit from your credit report it is in the HOW. Most consumer, trying credit repair on their own, flat fail when it comes to fixing bad credit mainly because they give up too soon. The truth is, removing bad credit takes a good deal of time and a great deal of persistence.
Just because a negative credit item is not removed in the first or second letter does not mean it won’t be removed in the 8th or 9th letter. Are you willing to show that much patience? That is the secret of how to remove bad credit.
Don’t have the time? Don’t have the patience? Consider hiring a credit specialist to help your remove bad credit and improve your credit scores. A good quality, experienced credit repair company can be worth their weight in gold, because poor credit costs you considerably more then good credit!