| Credit repair is the process of getting your credit | | | | To whomsoever it may concern |
| bureau report corrected when it shows any | | | | In the credit report that I received, I have observed |
| discrepancies or negative information , so that you can | | | | some inaccurate information. In the attached copy of |
| get an accurate and highest possible rating. It gives a | | | | the credit report, this has been highlighted. I am |
| chance to the debtor, which is you, to start afresh, | | | | providing the correct information below: |
| when faced with an overwhelming debt situation. | | | | Keeping in view the provisions of the Fair Credit |
| Are you facing unmanageable debts and have you | | | | Reporting Act of 1996, I want all the incorrect |
| got a very degrading credit report you want to | | | | information to be removed and all the inaccurate |
| dispute? If you want to do your credit repair yourself, | | | | information to be corrected in my credit report. As |
| what is the procedure to follow? First, you will need to | | | | stipulated in the above said Act, inform me when the |
| plan about how you will respond to the communication | | | | changes are completed and resend the updated copy |
| from them and have a proper system of follow-up to | | | | to me, at no extra cost. |
| get what you want from them. It will be a great help if | | | | 3) |
| you have some tips and sample letter for credit repair | | | | Re: Payment settlement and Credit file update of |
| that can be used for this purpose. | | | | account number #### |
| Every letter from you to your creditors or the credit | | | | Dear xxxxxx, (Note: name of the officer from the |
| bureau should carry an assertive tone. You should | | | | credit card company who spoke to you) |
| sound polite and at the same time, resolute. You can | | | | As per the telephone conversation/ meeting with you |
| also indicate to them that you are aware of your | | | | on (date), I would like to confirm the following. |
| consumer rights and will not hesitate to take legal | | | | I agree to pay $#### as full and final settlement |
| action, if your rights are violated. It will be a good idea | | | | towards my account. Once this payment is received |
| to tell your creditors upfront that you are amenable to | | | | by you, you have agreed to change the negative |
| a give and take settlement policy - that is you are | | | | information like |
| prepared to pay your balances and at the same time | | | | ------------------------------------ to ------------------------------- |
| you expect them to remove negative/ damaging | | | | Please confirm the above by sending a signed copy of |
| information from your credit report. | | | | this letter to me. I will send the payment once I receive |
| Here are some ready-reckoner sample letters for | | | | this letter from you. |
| credit repair that will come in handy during your credit | | | | Signature of officer |
| repair course of action. The top and bottom portions | | | | Name of officer |
| will be the same. Only the subject will be different. | | | | Credit company name and address |
| Date | | | | Sincerely, |
| To address | | | | Name |
| 1) | | | | Social security number |
| Re: Credit report request | | | | Address |
| To whomsoever it may concern | | | | So, have these sample letters for credit repair given |
| I request you to send me a copy of my credit report. | | | | you a drift of what their tone and content should be |
| Find enclosed the payment for the same. | | | | like? Yes? Then start writing your letters and good |
| 2) | | | | luck with your credit repair! |
| Re: rectify incorrect credit information | | | | |