There are a few basic steps to cleaning up your credit reports to boost your ability to borrow money for investments, long-term beneficial purchases, college education, a new car or a new home. Follow our free tips for rebuilding credit scores by 60-90 points.
When something is wrong with your credit, then this info regarding repairing and raising your credit score will lead you step-by-step through these easy to learn procedures:
Step #1 -- Request credit report from each credit reporting agency in your area.
Step #2 -- Dispute all inaccurate entries in writing and mail to respective agencies.
Step #3 -- Review updated credit reports you'll receive in 60-90 days. Detect any items which were not removed into another letter (basically repeting Step #2 until erroneous entry has been removed.) Mail this letter 120 days from last updated report you receive.
Step #4 -- If all else fails, you can write a 100-word statement entry that explains your side of the story for entries you cannot get removed by any other means.
There is power in dispute letters when you send them to the credit bureaus. Learn how to write letters to fix bad credit scores at http://www.findhow2.com/repair-credit.html
8/30/07
What's wrong with your credit?
Posted by Steve Johnson at 5:16 AM
Labels: 100-word statement, bad credit scores, credit reports, dispute all inaccurate entries in writing, erroneous entry, requesting your credit report
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