| Are you asking yourself this question, because you | | | | With the exception of bankruptcies and foreclosures, |
| want to purchase your dream house or a brand new | | | | all other negative items can be altered and deleted |
| car? Or you simply want to get rid of debt and start | | | | from your credit report. Educate yourself on the |
| with a "clean credit slate"? Whatever your specific | | | | different strategies you have to use in order to delete |
| situation is, you are not alone. Currently more than 35 | | | | the different kind of items. The more you know about |
| million Americans are struggling with bad credit score | | | | the credit system and the various loopholes in it, the |
| and the various issues that come with it. Luckily, there | | | | better your chances to get rid of unwanted accounts |
| are numerous ways to improve credit score. The only | | | | in your credit report. |
| requirement-start thinking outside the credit box. | | | | 3 Different strategies for different agencies. |
| Here are 3 simple tips that will help you understand | | | | Collection agencies, credit bureaus, original |
| how fast credit repair works. | | | | creditors-they all have the power to delete negative |
| 1 Why credit repair services are not always the best | | | | items from you credit report but you have to approach |
| idea? | | | | them the right way. Let's say you are trying to delete |
| Credit repair services make a bank out of the huge | | | | a one time late payment on your auto loan. Send a |
| crowd of uniformed people with bad debt. They | | | | goodwill letter to your creditor explaining the |
| charge exorbitant fees for things you can do yourself | | | | circumstances around that late payment (you do have |
| IF you had the credit knowledge. For example-they file | | | | a sob story, right). Be diplomatic and polite and ask |
| disputes with credit bureaus and collection agencies, | | | | them to remove that late payment from you report in |
| ask for debt validation( documentation proving the debt | | | | exchange for your loyalty as a customer. As simple |
| was yours), negotiate with collection agents etc. In | | | | as it is, the strategy usually works. However, you have |
| other words -they are doing everything you can do | | | | to be far more aggressive and assertive when you |
| yourself if you take the initiative. | | | | approach collection agencies. Request a validation of |
| 2 How to find "order" in the credit chaos? | | | | debt before you start negotiating for settlement. In |
| When it comes to credit repair, a lot of people feel | | | | many cases the collection agency doesn't have the |
| overwhelmed and helpless. The harassing collection | | | | necessary paperwork to prove the debt belongs to |
| phone calls, the flood of unwanted mail makes you | | | | you. If they fail to provide proper documentation, they |
| feel as if you are drowning in a sea of debt. Take a | | | | are required by law to remove the item from your |
| deep breath and relax. There is order in the credit | | | | record. If they refuse to do so or are slow to respond, |
| chaos. Use your credit report as a staring point. | | | | threaten to sue. |
| Highlight all negative items in your report and rank them | | | | How increase credit score? Little known credit secrets |
| in order of descending importance ( bankruptcies, | | | | and tricks can boost your score in no time. Once you |
| foreclosures, loan defaults, legal judgments, collections, | | | | start thinking outside the credit box, you'll be surprised |
| late payments, past due payments, credit inquiries etc). | | | | to find how easy credit repair actually is. |