EveryDay Info

If there is inaccuracies on your credit report, don’t expect it will disappear by itself. Sure, after quite a long period of time, it will go away. But are you really willing to wait years for that to happen when you can make it happen in weeks? Credit repair is too easy to do on your own to pass up the opportunity to improve your score and save yourself hundreds of bucks, or to be able to get the financing you need to buy a house or a car. 

Here is a list of Dos and Don’ts for the best credit repair:

• Don’t assume your credit report will fix itself.

• Don’t panic and sign on with the first credit repair service you find.

• Don’t shell out hundreds to get your credit report disputing done. Do it by yourself or spend a prudent amount on something that will help you do it on your own. Save your money to pay off a debt.

• Do remain calm. CreditRepair takes 45 to 60 days after you physically mail out the credit dispute letters.

• Do send out the credit repair letters. Don’t send them out just any old way! There is a specific way to send them out. Read about that.

• Don’t forget to get your free credit report first.

• Don’t undertake this without the help and advice of your mortgage borker. Most likely, you were turned do for a loan and your loan officer told you that you need to do something.

• Do set up a meeting with your loan officer where you can both go over your credit report either in person or on the phone with a copy in front of you. Your loan officer can show you how to read the report and point out to you what is reporting negatively on your report.

• Don’t neglect to dispute anything on your report that you do not feel is accurate. The creditor then has to verify the accuracy of what they are reporting.

• Don’t forget to provide documentation when you can regarding items that are inaccurate.

• Do this as soon as you can. The sooner you get the credit repair letters in the mail, the sooner you will get results.

• Do be certain all your debts are current before you undertake self credit repair.

• Do may payments on your credit cards as much as you can during the process of the credit repair. (Hey, do it with the money you saved by not signing on with a credit repair company!)