The point of a credit repair company is above all to enhance your credit score. But how can they do this? Nobody can legally make your accurate blemished credit items vanish. Here's the thing though, inaccurate items can be removed. Sadly mistakes do occur and they can adversely affect your credit history. Here we are going to go over the easiest way to remove these things and raise your credit score.
The Fair Credit Reporting Act (FCRA) is in place to guard you. It places requirements on creditors who report to Equifax, Experion, and Transunion. All creditors are required to report correct credit information. They are required to analyze and resolve disputes and to fix any info that is wrong. Does this mean they catch all errors or double check every charge? Well no, they process millions of transactions each day, and mistakes do happen.
The creditor does not review every item for precision. It's your job, or your credit correction agency's job to find unsound items and dispute them.
After you receive and review your credit report locate any incorrect items. It might be a bill that's reported late that was paid on time, false charges, or payments you made that were reported as missed. These are merely a few examples of the selection of errors that would adversely affect you credit score.
At that point you'll need to contact the creditor of the account with your disputes. As a general rule the creditor should resolve the dispute inside 30 days, with a 15 day extension if addition information needs more time. Bear in mind that this process can take longer. If they cannot validate the item it has got to be removed and the change must be reported to the credit offices.
Basically a credit repair company steps in place of you. They'll find, write, file, and follow up on your credit disputes. If you have just a few mistakes it can be handled pretty simply on your own. If you are coping with multiple accounts and creditors it can become very time intensive and frustrating.
So take a good look at your credit report. It will become pretty obvious whether you need to handle the disputes yourself or if a pro credit correction service would most closely fit your needs. We hope you achieve the credit score you deserve.
Author Resource:
If you need help improving your scores be so good as to check out my site on credit repair . Our top credit experts might be the solution to your credit worries.
![[Valid RSS feed]](http://www.look4articles.com/images/icon_Rss.png "XML Feed For RSS"){kind=icon}
Category Rss Feed
Print This Article
Add To Favorites
![[Valid RSS feed]](http://www.look4articles.com/images/rss.jpg "XML Feed For RSS")