Credit Repair and Get On With Your Life!
Credit repair does not have to be that involved. To repair credit, you have to follow some simple steps. Of course it depends on your unique situation, but if you are like most people who need credit repair (and you probably are), simply sending out basic credit repair letters will improve your profile dramatically.
What is meant by “most people.” Well, the economic situation is unstable, of course, and there are a lot more people without work, losing their homes and cars and assets. These are not ‘most people.’ The common person in need of credit repair is like this: twenty something, did some foolish stuff with credit when they were younger, hasn’t yet quite figured out how to fix it. Or, they might be people who had a tragedy or loss of income and had to file bankruptcy. These people can typically expect to see drastic improvements after credit repair, especially if there are still several old accounts showing up on their credit report.
When a person undertakes credit repair, the first obvious place to start is by getting their credit report. This is an essential step and there are a lot of good places to get your credit report online. You don’t need to buy any of the ‘up’ sales. When you get a free credit report, these sites will give it to you because they think they can sell you something else and make their money on that sale. You don’t need those extras though. Just get the report.
When you review it, try to find the stuff that you think should not be on there. That is what you are going to dispute. When you dispute those things, you need the account name and account number for the credit dispute letters. That information will go into your credit repair letter.
Credit dispute letters can come in many forms. They should look like they are coming from a ‘real’ person, so there’s no need to make them perfect, but you need to get your point across when you write these credit repair letters. There are a lot of form letters you can find on the web. The FTC even provides one. Consider personalizing the letters a bit, as these letters have probably been used thousands of times. Just change some of the wording or change up the letter a bit. This will help you in the long run because the credit report companies won’t consider your letters to be ‘frivolous’ disputes and throw them out.
Just don’t get discouraged by the self credit repair process. Credit disputing is not terribly complex. Just do it and get on with your life.