Hello everyone, I have been asked someone questions about credit repair. Some jobs require a credit check or sometimes you have to take out a loan or get financing for your work at home equipment, so I doing this post to help people out on how they can HELP fix their credit scores to score (no pun intended) :) a job and financing.
Let's review the scores:
300-629- Bad Credit
630-689: Fair credit
690-719: Good credit
720 and up: Excellent credit
720 and up: Excellent credit
All disputes, except for Inquiries, can be made online with each of the credit reporting agencies. Experian, TransUnion, and Equifax.
ONLINE DISPUTE
- START HERE -> GET YOUR FREE CREDIT REPORT HERE (it is 100% free and 100% safe!)
- Transunion, Equifax, Experian you will create an account with each of these companies and you can dispute each negative item. If the debt is not yours use that excuse. If the balance is incorrect there is an excuse for that. Or, you can simply ask them to verify the debt. If they can not verify it within 30 days (they send a request to the company reporting) it will be removed! This happens all the time.. usually the debt is sold a few times and the current owner does not have the information to verify it.
MAIL DISPUTE
- START HERE -> FREE report HERE (it is 100% free and 100% safe!)
- After you get your credit report check the ‘tradelines’ anything positive or negative will be listed here. You can create your own letter just make sure it includes your name, address, social security number, date of birth, the account # and company and amount your disputing. You will send this form to the credit reporting agencies and ask them to remove the negative or verify the negative. They have 30 days to verify the negative. If they can not verify it within 30 days (they send a request to the company reporting) it will be removed! This happens all the time.. usually the debt is sold a few times and the current owner does not have the information to verify it.
- If the company does verify the debt you can pay off the debit in exchange for it being removed from your credit report. You can even negotiate the balance. Sometimes they will remove it for 50% of the cost. Make sure you get this in writing before you pay anything!
If you have a bunch of negatives do not dispute them all at once or the credit agencies may toss out your claims. I would recommend disputing 5 accounts per month!
Equifax Information Services LLC P.O. Box 740256 Atlanta, GA 30374
TransUnion LLC Consumer Dispute Center P.O. Box 2000 Chester, PA 19022
Experian P.O. Box 4500 Allen, TX 75013
Source- http://freebiemom.com/deal/boost-credit-score-30-days/