| are certain things that are very helpful to know before | | | | "never lived at this address" and you should have a |
| you embark on your journey of credit repair. This | | | | very high degree of success in removals. |
| article will cover these points. Credit repair is your right. | | | | Once you've successfully disputed your old addresses |
| You may feel somewhat guilty for making a mess of | | | | you're in a better position to argue your other |
| your credit, but there's no reason to spend time | | | | derogatory items. You'll want to keep very accurate |
| punishing yourself. When you deal with the credit | | | | records as you do this, because the CRAs only have |
| reporting agencies, you need to be clear headed and | | | | 30 days to respond, and you'll want to hold them to |
| unemotional. Make a record of all of your dealings with | | | | their obligation. The best way to ensure their |
| them, because you may well end up in dispute with | | | | compliance is to use a return-receipt requested mail so |
| their version of facts. | | | | that you have a signature and a date and time stamp |
| The main right you have as a consumer is to have | | | | of when the letter was received. This clearly shows |
| accurate information reported on your credit report. | | | | the CRA that you "mean business" and it also helps |
| The reason behind the Fair Credit Reporting Act is to | | | | protect your 30 day dispute period. Even if the CRA |
| make sure that people have a mechanism to dispute | | | | has an infraction, it will be up to you to document it and |
| potentially negative credit data. Recent studies have | | | | to follow up and get the negative info removed. Truth |
| shown that a large percentage of all information | | | | be told, dealing with the CRAs is usually not easy, but |
| reported by credit reporting agencies is inaccurate or | | | | sheer dilligence should ensure your success in the long |
| outdated. It behooves you to make sure the | | | | run. |
| information is up to date, and positive. Removing | | | | The process of credit repair can take six months or |
| negative tradelines will greatly increase your credit | | | | longer for results to be evident. But it's something that |
| score, which will result in lower interest rates across | | | | can be donefor very little money, and with very little |
| the broadest spectrum of loan products. | | | | effort. You need to maintain a positive attitude, keep |
| One key area to make sure to dispute is any wrong | | | | excellent records, and follow up. Studying the Fair |
| address data. If it's an old address that you don't live at | | | | Credit Reporting Act will be the best method you can |
| anymore, and in particular it's associated with a bad | | | | find for learning what your rights are, and you can |
| account, you'll want to make sure to dispute it with all 3 | | | | easily join the Credit Repair Forum to ask specific |
| major credit reporting agencies. There is no way for | | | | questions from people who have been in the same |
| them to prove you live at an address that you say | | | | situation as you, and have successfully clawed their |
| you don't live at, so simply dispute the line item as | | | | way back to the top. Good luck with all of your efforts. |