Credit Repair Service Professionals Will Help Raise Your Credit Score
Raising you credit score can be done more efficiently by hiring
a credit repair service. These companies deal with the credit
bureaus every day, and know the Fair Credit Reporting Act inside and out. It
only makes sense that credit repair services can handle your disputes much
easier then you can.
Whether you choose to use a credit repair lawyer or contact a
company about credit repair counseling the outcome is going to be very similar.
What's important is that you ensure the company you're dealing with is providing
legal credit repair services.
Ensuring your considering Legal Credit Repair Services
Here are a few items that no credit repair company should be
asking for or asking you to do:
- Change your social security number to start a new clean credit
report
- Dispute every item on your credit report whether questionable or
not to raise your credit score
- Charges for services that are not yet started or completed
If a credit repair service attempts to do any of the items noted
above you should report them to the authorities.
Legitimate credit repair agencies will likely all ask for the
same information:
A current copy of your credit report from all three
Credit Bureaus.
From there whether it's a credit repair attorney or another form
of agency the company should work with you to determine which items you wish to
dispute. The entire credit repair process focuses on removing questionable and
incorrect items from your credit report in order to raise you score.
Here is a list of items you may consider having a credit repair
service challenge on your credit report. They are listed from most damaging to
least.
-
Bankruptcy
-
Foreclosure
-
Repossession
-
Loan Default
-
Court Judgments
-
Collections
-
Past due payments
-
Late Payments
-
Credit Rejections
-
Credit Inquiries
A note of caution even when using a credit repair lawyer items
such as bankruptcies and foreclosures are extremely difficult to have removed.
Remember a credit repair service will help you clean up your credit report, but
if there are negative entries that are correct such as a bankruptcy it is
illegal to dispute them unless you know the information is stated incorrectly.
Your credit repair service will help you determine which items you should and
should not dispute on your credit report.
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