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How can you "repair bad credit"? or dispute items on your report??
If you owe it- you owe it. How can these companies "legally" repair your credit?? I am confused?? i went to a website that says they send dispute letters...How can you dispute an account you owe?? How does this work?
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| By
trixibel |
Posted on
06/14/07 Total Answers
10 |
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| Answers- |
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| Answer by :
SWA On Date
2007-06-14 16:15:41 |
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| You can order a report from the credit companies and dispute anything yourself they have 30 days to refute your dispute. or it is removed. There is no guarantee. Better off disputing yourself and then just
pay bills on time
Get your credit cards down to 30% of the limit
Do not close any cards that are paid off
Do not apply for any credit
There is no quick fix |
| Answer by :
Pengy On Date
2007-06-14 16:20:11 |
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| If you feel that there are unjustified charges on your account - that you know you did not make contact the store involved first. Then contact the credit card co. and the credit bureaus.
If you have documentation that the items are false make copies and send to the co. |
| Answer by :
Dragonmistress On Date
2007-06-14 16:21:17 |
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| You answered your own question. They can not do anything legally that you can not do for very little cost or no cost. Your only cost is really just Paper, Stamps, envelopes to send the disputes. They basically prey on peoples lack of knowledge of how to view and dispute their credit information. Also, a lot of the Credit Reporting Agencies automatically ignore any dispute that comes from a 3rd person or company.
You first need to pull your credit report. You are allowed 1 free per year from each of the big 3(TransUnion, Experian, Equifax). To do this go to http://www.annualcreditreport.com .
Once you have your reports and if anything is incorrect you need to send a dispute to the credit agency. They offer On-Line disputes, but I still prefer to do it through Certified Mail. This way you can send any proof at the same time. If it is a vaild dispute they will correct/remove the information.
Below is a site with sample dispute letters. The addresses for each of the 3 are the following.
Equifax
P.O. Box 740241
Atlanta, GA 30374-0241
Experian
P.O. Box 2104
Allen, TX 75013-2104
TransUnion
P.O. Box 1000
Chester, PA 19022 |
| Answer by :
OC1999 On Date
2007-06-14 16:23:18 |
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| Have seen lots of people asking info on bad credits. Well, if you need to get your problem solved on<!--bad credit, you must know to how to confront it. Of course, Even if you have bad credit, you can get loans. Many factors can contribute to someone getting a "bad credit" rating, among these are non-payment of an account or late payments over an extended length of time. Below is the link thats explains step by step to repair bad credit
http://badcredits.awardspace.com/Steps.htm
You can easily be labelled as a bad credit risk by financial companies. This can make it more difficult to-->arrange loans or other finance, and usually means you will pay more interest on any loan you take out. |
| Answer by :
Henry M On Date
2007-06-14 19:11:21 |
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| u would dispute it to all 3 company's if there is something wrong with your credit report.. and it could take up to 30 days to fix.. |
| Answer by :
B.B On Date
2007-06-15 09:05:30 |
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| There's a lot of errors in credit reports. Due to frauds, human mistakes (from the banks, credit card companies, borrowers,...).
And there's strategic moves you can do to improve your credit score.
That's why some people are using credit repair agencies. |
| Answer by :
jamesPurple On Date
2007-06-15 09:32:02 |
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| its easy creditors have 30 days to respond and if they dont they have to remove the account (PERIOD) no ifs ands or buts.......its as easy as sending a stupid letter..lol.....but thats very time consuming...i went to a credit repir company.....and they were actually cheaper than me doin it maself...lol....newayz......if u want to there website is below....tell the that Tony Vargas reffered you....thanks...:) |
| Answer by :
TONY_BABYFACE On Date
2007-06-15 14:31:32 |
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