Fixing Credit Report - Repair Your Credit Yourself Fast and Legally

By Tim Beachum

You are moments away from understanding the process of fixing credit. It's really not important what your reasons are for wanting to repair your credit the fact is you have made a good decision. Repairing your credit is well worth the effort, and depending on your current situation repairing your credit can lower your monthly bills, open a bank account, rent an apartment, and even purchase a car. By repairing your credit you will increase your buying power.

Before I begin breaking down the fixing credit report process, it is important that you have the right mindset. It is crucial to your credit repair success that you realize that you didn't ruin your credit overnight and you will not be able to improve it overnight. You should also understand that you do have a variety of options when it comes to getting your credit repaired. You could use a credit agency, a credit repair attorney or you can opt to do it yourself. The best option is to take control of your own financial destiny by doing it yourself you will have more control over the outcome, not to mention that you will save hundreds of dollars.

It is highly recommended that you read this part very carefully because the next few sentences may shock you. Televisions, newspapers, and magazines will lead you to believe that repairing your credit yourself is a big mistake. To let them tell it the right thing to do according to them is to use there service, and pay them to do it for you.

Keep reading as I pull back the curtains and reveal the secrets of the credit repair agencies and their scams. The first tale-tale sign is when the company ask you for money up front. With money in hand they will string there victims along as long as they can. By the time you realize that you have been scammed it is to late. You will find yourself back at square one and with less money.

Over the years I have taught hundreds of individuals to repair their credit with much success. The best part is the majority of them where able to reach their goals in approximately 60 days. We are talking about individuals who for the most part never even seen their credit reports let alone understanding how to repair one. By the end of my workshop they had a firm understanding of the exact procedure that was required to repair their credit no matter what their current situations were.

Here are a few steps that you can implement right now to repair your credit fast. The key is to start off by building a solid foundation. You can accomplish this by requesting your credit report from all three bureaus. Once you have your credit report in hand you will have a better understanding of where you stand credit wise.

Go over your credit reports with a fine tooth come and highlight any discrepancies that you may find. Although this step may sound simple it is your foundation and it is VERY important. Even if you are unsure of something still highlight it, it is better to be safe than sorry. Do not forget to check your personal information such as your name, address, and place of work. You will want to make sure that they are all correct.

At this point you should have all the errors highlighted, and the fun is about to begin. You will need to start writing your letters of dispute - disputing each of the errors that you have highlighted. Note that any decent credit repair kit will have sample dispute letters that you can use to help you along this process. Once you have written and mailed your letters of disputes it's time to play the waiting game. The bureaus have 30 days to respond to your claims. If for any reason they should fail to respond in the alloted amount of time they must by law remove all claims.

Looking at the credit repair process realistically, 30 days isn't much time for lenders to respond. In some instances the lender will respond by saying that your claims are inaccurate just to beat the 30 day deadline. They know that most people will give up after this. Since you are reading this you now know that the words "give up" are no longer in your vocabulary. With that thought in mind you should contact the lenders directly. Before doing so make sure that you have proof of your claims ready because they are going to try to keep you on the hook. After you have proven your case request something in writing stating your agreement.

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