| For the vast majority of us when we look at credit | | | | can do to stop a downward spiral. I am referring to the |
| score information we want to look at our score and | | | | bankruptcy option that is available and I do sympathize |
| then refer to our credit reports to pick out the areas | | | | with people who have had the misfortune of this |
| that are having a negative impact on our credit score. | | | | avenue. I would dread even the thought of having to |
| So, once we are armed with the credit report we | | | | consider the option so in that manner a credit repair |
| want to go through it with a fine tooth comb and | | | | specialist is worth dealing with for professional advice |
| check for any errors or inaccurate information being | | | | but for simple tasks like mailing a dispute letter to have |
| reported here as these will drive the score down and | | | | negative item deleted they really shouldn't be charging |
| this is the areas where you want to pick out so you | | | | the rates they do. |
| can contact the credit bureau and point out that there | | | | Now, there are people that will get their credit report |
| is an error on your report and they will look into the | | | | and not really understand what it is they are looking at. |
| matter. Once the item has been disputed the company | | | | A credit report is a basic overview of your credit |
| has 30 days to provide a response, otherwise the item | | | | worthiness and it will be reflected on your credit score |
| in question will be deleted. This is when you see an | | | | information which is available to lenders in order for |
| increase in your credit score. | | | | them to assess the level of risk you would pose to |
| It is simple actions like this that make me wonder how | | | | their business should you have applied for finance. |
| a credit company can charge so much money for | | | | Note that a credit report is different from a credit |
| providing a basic service like this. Don't get me wrong, I | | | | score. Credit score information is produced in a |
| have been fortunate to be well organized with my | | | | numeric value to represent your risk and the credit |
| finance and i do pride myself in being mega disciplined | | | | report will provide you the information that is being |
| and I do understand that there are times in life when | | | | used to generate your score. |
| things just fall from our grasp and there is nothing we | | | | |