It Is Possible to Correct Credit Report Errors?
There's a lot of talk around the Internet about whether it's legal or even
possible to correct credit report errors. The answer is YES, and I want to share
with you how to correct errors on your credit report. There are some companies
trying to provide illegal credit repair, how ever recent legal changes and
government regulations have reduced the number of people trying to do this.
The right way to correct credit report errors
Thanks to the Fair Credit Reporting act any consumer can now enter into a
credit dispute with any or all of the three credit bureaus. There are
restrictions on you, mainly that you cannot dispute items that you know to be
correct. There are two ways you can dispute items on your credit report
- Doing it yourself
- Hiring a credit repair specialist
Disputing Credit Report Errors
Challenging errors on your credit report isn't that difficult but it does
take some organization and time. For this reason people often decide to use a
credit repair specialist to manage their disputes to increase their chance of
success. The process is similar whether you handle the it or not here are the
basic steps to correcting a credit report error:
Request up to date copies of your credit reports from all three credit
bureaus
Review the information on all three reports to decide which items to dispute
Contact the credit bureaus via registered mail and keep copies of all
information your submit
Await the result of your dispute from the credit bureaus
Using a Credit Repair Professional to Handle your Dispute
For the average person it can feel a little overwhelming to correct credit
report errors on your own. This isn't something that you have to handle every
day, so it makes sense you might feel a bit uncomfortable. Considering the use
of a credit repair professional such as a credit repair lawyer is a smart
decision, and increases your chance of success.
If you choose to use a credit repair law firm to correct your credit report
errors you will still need to get three up to date copies of your credit report.
These will be supplied to the firm you choose to handle your case. Once the
company has your credit reports they can help you decide which items are best to
dispute, and which items aren't worth while.
Credit repair specialists deal with the credit bureaus every day, they know
the Fair Credit Reporting Act inside out and have a much better chance of
success when trying to correct credit report errors. If you're serious about
raising your credit score and want it done as quickly as possible then take the
time to look into using a credit repair lawyer to fix your credit report.
Our Recommendation
Lexington Law is a credit report repair firm that has been servicing
consumers for over 15 years. In 2006 alone they successfully removed over
600,000 negative items from their clients credit reports. My favorite feature
that Lexington offers potential clients is the chance to talk to a live person
about how they can improve your credit score. Take a few minutes to visit
Lexington Laws website and learn more about their services, there's a toll-free
number on each page of their site.
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