Credit Repair Frequently Asked Questions

1. Is Credit Repair Legal?

Yes, this is likely the most common question asked by anyone considering seeking assistance or going at it alone in the credit repair process. Thanks to the Fair Credit Reporting Act, Fair Credit Billing Act, and Fair Debt Collection Practices Act you have a lot of options to repair your credit.

Because there are more options then just filing a dispute with the credit bureaus it makes sense to seek the assistance of a professional. A search in Google will reveal numerous credit repair agencies and specialists, we also like Lexington Law, they use all three of the above Acts to work your credit repair case.

2. Can Credit Repair be done on my own?

Of course it can be. How ever usually when a person takes on their own credit repair case they will file disputes with the credit reporting companies, but miss out on other items that can be worked on to raise your FICO score.

These other items are done by using the Fair Credit Billing Act, and the Fair Debt Collection Practices Act. This method of credit repair is more technical then sending letters to the credit bureaus, and while it can be handled on your own it wouldn't hurt to at least discuss it with a professional.

There are numerous Credit Repair and legal forums on the Internet you can find answers in for your particular circumstance. As well as law firms such as Lexington law that will help answer your questions.

3. How long does it take to Repair bad Credit?

This is a case by case question, for some it can be a couple of months for others it will be an ongoing process for 12-24 months. It all has to do with where you're at now, and what avenues you want or are able to take with your credit repair case.

Discussing with a professional or credit repair lawyer about your current circumstances will help you determine how long it should take to improve your credit score by the desired amount.