how to remove bad credit from my credit report
I’ve have been asked from time to time about the legitimacy of credit repair, does it really work, can I do it myself, should I hire someone, things of that nature.
Let’s start by saying that repairing your credit report is becoming increasingly important. As the cost of financing begins to rise, the added cost of having poor credit compounds the amount you must pay, leaving less and less discretionary income. In addition, other services (car insurance, home owners and renters insurance to name a few) are looking at your credit report and charging you accordingly.
Knowing this makes it crucial to fix bad credit as soon as you can. Credit repair does work! It’s that simple. Whether you choose to do it yourself or hire a company it is worth doing.
The steps you must take will be determined by what is on your credit report. If you are dealing with late payments, public records like tax liens or a bankruptcy, you will need to deal with the credit bureaus.
If you are dealing with debt collections you will probably need to address both the credit bureaus and the debt collection companies.
Here is a video which details what to do in dealing with the credit bureaus. These are the first steps you should take.
Of course there are many other issues in rebuilding a credit profile and improving your credit scores. Due to the increasingly complex nature of a credit report, I do recommend hiring a credit specialist even if it is just for a short time. Get their expertise on what a top notch credit report should look like and their advice on how to achieve this. Many companies will give you that information for free before you commit to purchasing their program. PLEASE SHARE
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!