How To Fix Bad Credit, And Increase My Credit Score

How To Fix Bad Credit, And Increase My Credit Score

Okay if you happen to be on this page it’s most likely that you due to the fact that you don’t have an 800 credit score and are are tired of having to pay double digits for everything from credit cards to car loans and even to home loans its probably because your credit is just not the greatest and you are suffering from low credit scores, and plain and simple your credit sucks.  Sorry but that is the only way to put and it and I guess the alternative to having to pay double digits on interest would be to simply not qualify for anything which can even be worse.  Trying to get ahead in this country is kind of tough when you have no credit or bad credit.  Not being able to get a car or even have a credit card for emergencies can be rough.  So you have 4 choices when it comes to improve your credit and fix your bad credit score.

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1)      You can search the net from places here and there and get some really great advice from experts like your friends, some of them have the same credit issues as you and hopefully you can kind of know everything there is to know about credit and your rights so that you can then challenge the system.

2)      You can hire a company or someone to repair your credit for you and pay a few hundred dollars and maybe even pay a few thousand, and hope that they do it right.

3)      You can do nothing and just deal with it, and pretty much be a loser because without having some decent credit you don’t get far in this world and live with a crappy car crappy job, and a crappy place.

Last option that you can do is buy a system that has worked and is proven and GUARANTEED TO WORK AND SPELLS IT OUT FOR YOU!!!

BUT IT IS UP TO YOU AND ITS YOUR CHOICE TO KEEP FLOPPING AROUND STRUGGLING WITH BAD CREDIT OR DO SOMETHING ABOUT IT.


But I am going to give you some FREE Tips and the rest is up to you ;-)

So the first the thing you want to do which is something that I seem to say over and over and over which is check your credit.  I know that sounds too easy of course you would check your credit, but the reality is most never really do they just know they have bad credit.  So if you want to improve your credit score and fix your bad credit you have to know what is on there and you need to know what is on ALL 3 CREDIT AGENCIES.  I have no idea how many times someone has come to me with a credit report that only has information from one agency.  You need to have the report with information from all three agencies. Basically the agencies are Experian, Equifax, and Trans-union reason being is that not all accounts report on the same agency so what may be reported on Experian may not be on Equifax and vice versa.  You are allowed one free credit report every year from the agency which you can go to www.AnnualCreditReport.com to claim your free credit report.  You will need to have some of your personal information to verify who you are and may even be some old accounts that you had.   Now these reports will not have your credit scores you have to pay for them they will only have the accounts reporting on your accounts the Good The Bad And The Ugly.

The next thing you need to is learn and read and interpret the what your rights are.  The fact is when it comes to what is legal and what is not its never easy to understand but like I said before either you can buy a system and have it broken down for you.  Or pay someone to do the work for you which can be really expensive, and last but not least is do it yourself.   If you are going to do it yourself you will have to get really familiar with the federal Fair Credit Reporting Act (FCRA) you can get all the information by going to www.ftc.gov/credit .

So what are your rights?

1)      You must be told if information in your file has been used against you.

2)      You have the right to know what is in your file.

3)      You have the right to ask what is your credit score.

4)      You have the right to dispute incomplete or inaccurate information.

5)      Consumer agencies must correct incorrect information within 30 days.

6)      You must give your consent for reports to be provided to employers.

7)      You may seek damages from violators.


These are your basic rights and there is more a lot more  but it gets into detail but this should give you an idea of how complex things can be when trying to enforce your rights.

The easiest way to improve your credit scores and fix your bad credit is to dispute the information that is on your credit by sending the agencies a dispute letter.  Now you send the agencies a separate letter one to Trans-union, Equifax, Experian, and you only dispute the accounts that they are reporting you do not send each and every account listed to all three agencies.  Believe it or not there is a right way and a wrong way of doing this but this should help you get started.

You also want letter to be short and to the point basically “Visa account #### is not mine”.  Or collection what ever it may be that you are disputing or if you have lates that are reporting on your account you want just keep it simple and “I was never late”.  The agencies then will send the dispute information to the creditor and they have 30 days to respond or it gets updated per your request.  So of course their preferences on how they want you to submit the dispute letters.  The thing is they don’t care about your life story or why you got sick or you are a junior and the information is really your dad’s info, you can add a little information, but do not submit an essay.  This is basically the easiest way to improve your credit score and fix your bad credit because half the companies don’t have time to review your request you are chump change to them and if years have gone by some companies don’t even exist anymore.  That is why this is the fast and the easiest way to improve your credit score and fix your bad credit the fastest.

There are many, many other ways and techniques to improve your credit and fix your bad credit but that really is lots of info in one post and you can keep reading as I keep updating or keep searching the net or JUST BUY A SYSTEM THAT IS GUARANTEED!!!  Usually the catch is YOU have to do the work and read it!!!  So if you need to improve your credit fast you need to get a system all done and put together for you with the Do’s and Don’t's.

Please also keep in mind that individual states also have their laws to protect consumers and their credit so sometimes you may even have more rights under state laws in addition to current federal laws so check with your state as to what you rights are as well.

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For more information and ideas on how to fix bad credit and improve your credit stay tuned for more information but the reality is that learning about your credit or at least getting a handle on how to improve your credit is a wise investment not only for today but in your future.  You have the choice of paying thousands of dollars to a someone to do the work for you or you can learn how yourself and take control of your financial future and the choices you make but it can be done.  I wish the best and many successes in your future if you found that this information was helpful leave me a comment.

Ernie

Good Luck To Your Many Successes

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