| Bad Credit Report Repair: Self Help May Be Best 
You see the advertisements in newspapers, on TV, and on the Internet. You hear them on the radio. You get fliers in the mail. You may even get calls from telemarketers offering repair services. They all make the same claims: - Credit problems? No problem!”
- “We can erase your bad credit — 100% guaranteed.”
- “Create a new identity — legally.”
- “We can remove bankruptcies, judgments, liens, and bad loans from your file forever!”
Do yourself a favor and save some money, too. Don’t believe these statements. Only time, a conscious effort, and a personal debt repayment plan will improve your report. (unless you have the advantages found in the ACR Ebook)
Nobody can do bad credit report repair and remove negative information that is accurate from your report. No company has a "secret" ability to remove negative information. (but you can go to the original source and burn them)But this doesn't stop these companies' claims. This deceptive quote is from a credit repair company brochure: "Charged-off accounts, collection accounts, judgments, tax liens, repossessions, and even bankruptcies can be removed from your credit records in less than one year (five to seven month average)." One tactic is to bombard reporting agencies with requests to verify information. If a credit reporting agency cannot verify an entry within 60 days, it will remove the information from the report. But if the information is later verified to be accurate, it will go back in the report. Before you even consider signing a contract with a company that promises to repair your bad report, remember these facts: - You may obtain a copy of your report on your own.
- You have the right to dispute entries in your credit report.
In any case, repair companies are prohibited under federal law from collecting any payment from you until after you get an amended copy of your credit report. Order
ACR E-book |
Bad Credit Report Repair