4 Things to Watch out for

Outdated credit accounts and incorrect payment records – Review all your transactions and look for outdated and/or incorrect entries in your payment and credit history.

If you stumble upon an account that you have settled, a few years back, or an inaccurate payment amount; then, you should write and send a letter of credit dispute to the company that issued the unreliable document. In your letter, ask the firm to immediately correct the items you’re disputing. And don’t forget to attach to your letter receipts, files or proofs of payment that will support your claim.

Fraudulent charges – Have you encountered unauthorized transactions in your credit report? If you have then, we advise you to call up the credit reporting agencies and ask their employees to subject your credit records either to a freeze, or to a credit fraud alert. Moreover, you should request the employees to get rid of such items in your credit file and invoke your limited liability privileges with your card issuer.

Court judgments and negative items that are past the statutes of limitations in your state – Entries like charge-offs, foreclosures, tax liens, and bankruptcy records are known to inflict long-term damage to a person’s credit history. However, such items should only be retained in your credit file for at least seven to ten years. After this period, the derogatory marks in your annual credit report should be eliminated, completely.

Now, if you think your report contains public records information that should have been deleted from your file, a long time ago; then, now’s your chance to dispute them with the employees of the major credit bureaus.

Minor errors in your personal and contact information – Keep an eye on your personal and contact details, as misspelled names, outdated phone numbers, inaccurate home or office addresses, and missing digits in your Social Security Number can have a negative impact in your credit history.

Hence, just to be safe; it would be best to ask for an immediate update in your personal information.

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A lot of consumers today find it difficult to write credit dispute letters. Do you belong to this group of individuals? If you do then, this article is made just for you!

In the remainder of this piece, we’ll consider simple tips that can help you come up with an effective business letter, which you can eventually send to the firm that supplied you with an erroneous annual credit report.

Identify errors in your credit report, first. Before you can dispute inaccuracies in your credit file; you need to determine first if there really are errors and unauthorized charges in your annual report. Watch out for incorrect payment records, outdated accounts and even for court judgments that are way past the statutes of limitations in your state. Then, list them down before writing a letter of credit dispute.

Look for patterns for writing business letters. If you don’t have the knowledge or experience in business correspondence then, you can always search for excellent patterns online. Look for sites that offer guides on how you can come up with an effective business letter. Or, you may also decide to look for an actual letter of dispute which you can modify based on your needs and preferences.

Use strong verbs when writing down instructions as to how each error or inconsistency should be handled. Employ the words, delete, remove, update, change, modify, eliminate, validate, etc, when providing instructions to the employees of the major credit bureaus. By doing so, they can easily perform the necessary steps to address your issues and concerns.

Enclose copies, not the original documents, to your credit dispute letter. Look for receipts, financial records, proofs of payments and other records which can help support your claim. Then, have them scanned or photocopied before attaching them to your letter. After all, you might need such documents, later on; most especially if the major credit bureaus fail to respond to your very first letter of credit dispute.

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And if you wish to learn more on how you can fix your credit history, on your own; please visit this page as often as you can!
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Would you like to know how a do it yourself credit repair guide actually works? If your answer to this is “YES” then, join us as we consider what is involved in this personal credit repair program and how it can work to your own advantage.

A Closer Look at DIY Credit Repair Guides

As their names imply, these guides are especially-intended for fixing one’s credit history, without the assistance of a certified finance expert. By employing the guidelines enumerated and tackled in them, consumers can gradually reduce their outstanding debts and soon recover their good credit standing.

Still, it is worth mentioning that free credit repair guides are not made one and the same. Truth is what might suit the needs of one consumer may not necessarily work to the advantage of another. Hence, it might not be wise to immediately jump on the very first guide you will stumble upon, online. Instead, we advise you to consider the steps and guidelines found in various kits before you make up your mind and finally settle for one.

2 Beneficial Features

You can possibly get one for free, especially now that more and more finance experts are glad to share free advice to help out those burdened with too much debt. All you have to do to receive free tips and pointers is to simply go the online route and look for sites that can provide you with what you need. And with just a few clicks of your mouse, soon you can find links to online resources that can assist you in fixing your problems.

With one, you can surely save a great deal of cash. After all, you won’t have to spend a fortune in hiring the services of a certified finance expert. In fact, the savings you can generate from fixing your credit history, on your own, can soon be used for settling your credit accounts, gradually or in one full-swoop.

For more information about legal credit repair, please click the link at the left, NOW! And for questions about personal credit repair, please send us a message using the form at the left.
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