Categories for Fixing Credit

Fix Bad Credit – Credit Repair – Methods for Canceling your Students Loans

July 9, 2009 9:43 am Published by

Under certain circumstances, you may be able to cancel your obligation to repay your federally guaranteed student loans, defer your payments, or enter into a payment schedule that fits with your income. If you’re in default, you may be able to get out of default and avoid a lawsuit, wage garnishment, or loss of your tax refund.

The student loan scheme is quite complex, depending on the type of loan you have and when you obtained it. Before taking action on your loan, you must understand what kind of loan it is. Your ability to negotiate with your lender, defer your payments, or possibly cancel your loan may depend on the type of loan you have.

via Fix Bad Credit – Credit Repair – Methods for Canceling your Students Loans.



Fix Bad Credit – Credit Repair – Building Credit In Your Own Name After A Divorce

July 7, 2009 8:42 am Published by

If you are married, separated, or divorced, and most of the credit you obtained is in your spouse’s or ex-spouse’s name only, you should start to get credit in your name, too.

Getting credit in your own name is also an excellent strategy for repairing your credit if:

a) All or most of your financial problems can be attributed to your spouse, or

b) you and your spouse have gone through financial difficulties together, but most credit was in your spouse’s name only.

In order to understand how this works, you first must learn about which of your spouse’s accounts can appear on your report.

via Fix Bad Credit – Credit Repair – Building Credit In Your Own Name After A Divorce.



What Are the Most Common Myths About Fixing Credit?

June 9, 2009 7:26 am Published by

What Are the Most Common Myths About Fixing Credit?

In today’s economy many of people are facing financial difficulties. Many of us lost jobs and live on savings and sometimes it is hard to make our ends meet. People late on payments, foreclose on houses and file for bankruptcy. This hurts credit history reports, leave negative marks on the credit history and lower credit score.

Today many people are looking for tips how to restore their credit report and what important is that they want to do it for free. Free credit repair is possible and not that hard, but there are many myths and misstatements about it.

Here are most common credit repair myths you’ll come across.

Credit repair is very hard task.

Fixing your credit is not that difficult and in fact, once you have the right information, it is very easy! By following easy steps you can improve credit report yourself.

Fixing credit is a quick process.

You can’t fix your credit overnight – but, you can improve it within a couple weeks. In many case people were able to improve their credit score within days.

Checking own credit history will hurt your score.
The truth of a matter is that checking your own credit report will NOT count against you at all! That’s why it is important to get your report before you start fixing your credit.

Credit reports are always accurate.

Almost half of all credit reports contain some un-true information! Mistake are very common and getting those mistake fixed or removed from your credit history will improve your score.

You need an attorney to fix credit report.

You don’t need to waste your money on a credit repair services or an attorney – you can do it yourself! Lawyers and credit repair companies charge huge fees for what can be done without their help. You just need right information and tools.

Some credit is so bad that it cannot be repaired.

Anyone can fix their credit score – regardless of what has happened in the past. It doesn’t matter how bad your credit history is because any credit can be improved.

Marriage and credit score.

Another popular myth about credit repair is that getting married can hurt your credit score if your new spouse has bad credit. In reality each person’s credit score is independent – even if they are married.

You can’t stop collection phone calls.

Debt collectors have laws governing them and you have rights as well. Using a simple letter can stop all harassing calls from collection agencies.

As you can see there are many credit repair myths that stop people from good credit score. Credit repair process is not hard and can be easily done by you. All you need is right tools and information. There are many credit repair sources online you can use to fix your report and there is no charge to use them. You can find great sources with credit repair information, sample dispute letters you can use to remove negative information from your credit. Hundreds of people have restored their credit without lawyers and credit repair companies, so can you!

Fast Credit Repair

To learn how to fix credit for free visit website http://www.credit-fix-secrets.com to learn what easy steps you need to make to fix your credit report.

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Fix My Credit – 3 Simple Steps

June 5, 2009 6:07 pm Published by

www.fixmy-credit.net – this video gives a brief outline of some steps you can take to start fixing your credit. A good credit report can influence whether you get approved for a loan and the interest rate you’ll pay – the higher your credit score, the lower the interest rate. It can even affect your employment prospects and rental applications. Follow the steps in this video to help you improve your credit score, and be sure to visit my website for more helpful tips and advice on fixing your credit.
Fast Credit Repair
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How To Fix Credit

March 8, 2009 9:09 am Published by

How To Fix Credit

The First step on How to fix Credit is to stay on top of your credit situation with the 3 credit bureau, request a tri merge credit report. Know what your credit says and make sure that what it shows is accurate.
 

 


Dispute all inaccuracies using a credit dispute letter, Remember, you must dispute true credit report inaccuracies. If the credit bureau cannot verify the inaccuracy within 30days, they have to delete it from your credit report per Fair credit reporting ACT. The Fair Credit Reporting Act ensures that accounts are reporting 100% accurately. This includes dates and Amounts exactly to the penny. There can be NO discrepancies and must reflect the accounts true status.
 

 


The most critical thing that you can do is to ensure the accuracy of each of your credit reports. After you are certain of their accuracy you can take other steps to improve your credit score. It is very important to read your credit report very carefully! Look for inaccurate, outdated, incomplete and negative information! Following is the list of common problems you may find in your credit report:
 

You can dispute inaccurate information with the credit reporting agency. If you tell a credit reporting agency that your file contains inaccurate information, they will investigate the items (usually within 30 days from the receipt of your dispute).
 

The credit reporting agency must give you a written report of the investigation and a copy of your report if the investigation results in any change. If the investigation does not resolve the dispute, you may add a brief statement to your file.
 

If you are legitimately uncertain about the truth of an item, then you can dispute it in good faith. The burden of proof is on the credit reporting agency to prove the accuracy with the creditor. Your dispute letter will generate an investigation, and if the creditor does not respond to this investigation, the entry in question must be deleted from your file.
 


credit bureaus have less patience dealing credit repair companies. They would rather deal directly with their clients. So when going the route on how to fix credit, dealing with the expensive credit counseling service actually has a negative effect and could back fire on you! They will pursue the accounts in a more aggressive manner than if you did it yourself.
 
 
If a credit reporting agency violates the Fair Credit Reporting Act, you may sue them in state or federal court. The dispute process is incredibly straightforward, and involves just a few steps:
 
Determine the items you want to dispute.
 

Send the dispute letter.
 

Keep accurate records, if needed.
 

Obtain the results of the dispute.
 


Here’s why doing it by yourself, like we did, vs. hiring a credit counseling service is a much cheaper and more effective plan.
 

 


These programs charges high up front fees
 

They ask you to pay comfortable monthly payments subscriptions and are clearly proven by the FTC to be ineffective scams (Google “FTC credit repair firms ” you will be scared to do death like I was)
 


credit bureaus have less patience dealing credit repair companies. They would rather deal directly with their clients. So when going the route on how to fix credit, dealing with the expensive credit repair companies actually has a negative effect and could back fire on you!.
 
Fast Credit Repair

Stay at home mom of 3. Writer of the How To Fix Credit” Do it yourself “credit Repair ebook- with No Credit Repair Companies Feel Free to visit our site to get your Free “Do it yourself like us ” Credit Repair Report, at : http://www.how2fixcredit.com/

www.AttractiveCredit.com or call 800-605-9085 for FREE consultation. Please rate, subscribe and comment. Thanks! credit report repair, improve credit scores fast, Credit Restoration, Repair Credit Score, Rebuild Credit, credit repair, improve credit, improve credit score, increase credit…
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