"How to Fix Your Credit" Websites Are a Waste of Your Time & Money

If you do a search using Google, yahoo, Bing or anysends this 2-digit code to the company that submitted
other search engine using the phrase "how to fix yourthe negative item to the credit bureau. The supporting
credit" you will get over 40 million results. Go aheaddocumentation that you sent with your dispute letter is
and try it.never read let alone is NEVER sent to the information
If you take the time to click on all of the links on thefurnisher even though the law requires them to do so.
first few pages of the search results for "how to fixGuess what happens next?
your credit" here is a summary of the results that youThe "investigator" at the information furnisher, who also
would get:sits at a computer and also uses E-Oscar, also has 4
All the information on these credit repair websites tellminutes to evaluate the dispute and reduce it to a
you that all you need to do to fix your credit is write a1-digit code which represents the letter that will be sent
dispute letter to all 3 credit bureaus... then most ofto you which basically says, we have verified the item
these credit repair websites attach a sample "how tothat you disputed and it is valid. The code that this
fix your credit" dispute letter for you to use as aperson plugs into E-Oscar also determines the letter
template that goes something like this...that you will receive from the credit bureau that
Dear Sir or Madam:basically tells you that the negative item that you
I am writing to dispute the following information in mydisputed was investigated and found to be valid. The
credit file. The items I dispute also are encircled on theCredit Bureau that you sent your dispute to just broke
attached copy of the credit report I received fromthe law and they do it all of the time and they get
your company.away with it because not enough people file a
This item (identify item(s) disputed by name of source,complaint with the FTC.
such as creditors or tax court, and identify type ofHow do I know that this is the way your credit dispute
item, such as credit account, judgment, etc.) isletters are handled? Because I read the transcript of a
(inaccurate or incomplete) because (describe what iscourt case that involved a consumer who sued a
inaccurate or incomplete and why). I am requestingcredit bureau and the testimony given by a witness
that the item be deleted (or request another specificwho worked at the credit bureau gave testimony on
change) to correct the information.how a dispute letter was handled. In my job I read
Enclosed are copies of (use this sentence if applicablethrough court files for cases involving credit reports
and describe any enclosed documentation, such asand consumer debt. That's what I do for a living.
payment records, court documents) supporting myIn doing my research I have discovered that Federal
position. Please investigate this (these) matter(s) andCourts have ruled that Credit Reporting Agencies
(delete or correct) the disputed item(s) as soon as(credit bureaus) are not supposed to "parrot" the
possible.information that they get from the creditor (information
Sincerely,provider) in response to your negative credit dispute.
Your name(See: Cushman v TransUnion, Stevenson v. TRW
Enclosures: (List what you are enclosing.)(Experian), and Richardson v. Fleet, Equifax, et al). The
Then these Credit Repair web sites will give you morelaw requires them to conduct an independent
BS "How To Fix Your Credit" AdviceREASONABLE investigation to ensure the validity of
They will tell you that the law requires the creditthe debt and the honesty/integrity of the creditor in
bureaus to investigate all of the items that you disputequestion. Does the description above sound like a
within 30 days - unless they consider your dispute"reasonable investigation" to you?
frivolous. Guess how often they categorize yourSo to answer the question, "How To Fix Your Credit"
dispute as frivolous? If they don't respond in 30 daysthe answer is, you can't fix your credit using the
--- whoppeeeee --- they have to remove the negativeinformation provided to you from these so-called credit
credit item from your credit report.repair websites. The results you get when you use
They will also tell you that the credit bureaus are alsosearch engines for any subject concerning "credit
required by law to forward all the relevant data yourepair" are totally useless... because they don't tell you
provide them with about the disputed item to thethe truth, that writing dispute letters doesn't work.
organization that provided the bad credit information toYou may find the odd credit repair site that will tell you
them. After the information provider receives notice ofthat writing your own dispute letters is a waste of time
a dispute from the credit bureau, it is required totherefore you should pay them to do it for you
investigate your dispute, review the relevantbecause they are a big law firm and the credit
information that you sent to them, and report thebureaus will pay attention to a law firm. Credit Repair
results back to the credit bureau. If the investigationLaw Firm results are not much better and not very
reveals that the disputed information is inaccurate, thecost effective.
information provider has to notify the credit bureau soBad Credit can NOT be repaired via "credit repair"
they can correct it in your file.BUT there is a way to "Restore" a bad credit score
When the investigation is complete, the credit bureauinto a "Good Credit Score" irregardless of whether the
must give you the results in writing, and a free copy ofnegative credit items you have are valid or not. That's
your credit report if the dispute results in a change ofright. You read that correctly. Let me say it again.
any kind. Did you notice the word "if"?You Can Force Credit Bureaus To Remove All
Why All The "How To Fix Your Credit" Web SitesNegative Credit Items On Your Credit Report Even If
Are A Waste Of Your Time & Money!All of Them Are Correct and or Valid. Credit
If any of the credit repair web sites that show upRestoration Is Different Than Credit Repair
when you type in the phrase "How To Fix YourThe reason credit repair companies don't tell you about
Credit" had any credibility at all here's what they wouldthis is because they don't know how to use the
tell you.applicable federal laws to force credit bureaus to
They would tell you what really happens when youremove bad credit from your reports. They know that
send in your how to fix your credit dispute letterthere is a patented legal dispute system to get this
instead of what is supposed to happen. But they don't.done but none of the credit repair companies are able
None of these credit repair sites want you to knowto use it and/or don't want to use it.
the truth that disputing bad credit items will not fix yourWhy? Because the majority of the credit repair
credit and neither do the credit bureaus. If you don'tcompanies are either owned or controlled by the credit
know why I will tell you later.bureaus and or credit card companies and the last
Here's what really happens when you spend an hourthing they want is for you to be able to repair or
putting together your "how to fix your credit" disputerestore your credit. They'll even take your money and
letter and go to the trouble of attaching copies of yourget some of the negative credit items removed for
drivers license and SS card to prove who you areyou but in 3 or 4 months or less they all get put back
along with any other documentation you feel will proveon.
that the the negative credit item on your report isThey Don't Want You To Know How To Fix Your
invalid and should be removed.Credit. The lower your credit score is the more money
First: Your "how to fix your credit" dispute letter getsthe credit bureaus customers make off of you.
delivered to the mailing address of the credit bureau.Before you get too discouraged I have some GOOD
Then your dispute letter along with five or six thousandNEWS for you.
other dispute letters the credit bureau received thatThere is a way to get ALL BAD CREDIT items
day get sent UPS to an offshore location in IndiaREMOVED from all of your credit reports. Not only
where thousands of low paid workers given a title ofthat but there is a company that will do all of the work
"investigator" open up your certified mail letter that youfor you. The Credit Bureaus have removed every
paid approximately $5 to have delivered and deliverysingle negative credit item that they have asked them
confirmed.to remove. To date, my research has found that they
The "investigator" that opens your letter has ahave helped over 155,000 individuals get more than 5
maximum of 4 minutes to determine what 2-digit codeMILLION negative credit items removed from their
to reduce your dispute to. That's right. The letter thatcredit reports. This company has access to the
took you an hour to compose in great detail and all ofpatented legal dispute system mentioned above.
the attachments that took another 30 minutes toNobody else does. That is how they were able to get
make copies of doesn't even get read if it is more100% of the items that they requested the credit
than 2-3 paragraphs. Then the investigator whobureaus remove get removed!
doesn't have a very good grasp of the EnglishIf you are fed up reading through all of the search
language has 4 minutes to scan your paperwork andresults for your search on how to fix your credit then
reduce everything into a 2-digit code.check out the other articles I have written. I think that
The investigator then plugs this 2-digit code into ayou will find the solution that you are looking for.
computer application called E-Oscar. E-Oscar then