Can we possibly repair our own credit "legally"?

Question

This is my first time to undergo credit repair and I am having assistance from the ECR Team. Basically they want to aid me in rebuilding my credit on my own, Im just afraid of their term "legally"...can you say something about what you think of their service http://www.ezcreditrepairsolutions.com
or suggest a resource for me.

thanks

Answer 1

Music man is wrong. Sorry you had a bad experience. But I know people who get their credit repaired all the time.And it can be done in 6 months,. Credit counselors will actually mark your credit as in counseling and that is a big red flag to lenders. try getting a loan after you had credit counseling. not possible. You can do it yourself , but it is not very easy and you'll hit allot of brick walls. Just pay up and do it. Find a company that has helped someone you know , or ask them for referrals.

Answer 2

Step-by-Step Credit Repair Guide
http://www.debt-loan-refinance-mortgage-credit.com/category/Step-by-Step-Credit-Repair-Guide.html

Answer 3

If you follow through the site you will eventually come across http://www.ezcreditrepairsolutions.com/DIYcreditrepair.html

This page has everything you need to know.

Note that with most of these "credit repair" companies, this is exactly the same thing they do, but they will charge you a hefty fee for the service. You can do all of this yourself.

Where people fail is because they don't understand the law. If you really plan to fix your credit, you need to do some research.

Again, read the link above, and look over the other sources I've supplied.

Note that if the information on your credit report is "fair and accurate" there may not be any way to get it removed. You will have to wait for them to drop off in 7 years. But in the meantime there are ways to begin improving your score.

Answer 4

I would go to some one in your town there are people that can help you with credit repair don't use the ones online they say they can help but then they have all your information and then they are about hounding you all the time. Do it thru a firm or bank where you live that is the best way to go.

Answer 5

Here's how I souped up my credit, legally. I figured out that I could afford to pay off a loan in the amount of $ 200.00 a month. I borrowed money in which the contract said I was to pay off $ 100.00 a month & would have less interest if I paid it off faster. I paid $ 150.00 or more every month until it was paid off. Wow, they were impressed.

Answer 6

It's worthless. Get your bills paid off, get a new credit card, even if its a secured care and when you use it pay the bill totally at then end of the month. As years go by the negative entries will be dropped from your credit report.

Answer 7

DO NOT use any of these so call credit repair services. It takes seven years to clear your credit report of any BAD items. PERIOD.

Answer 8

For around $100.00 Equifax will do a credit repair and you don't have to worry about the legalities of it all.

Answer 9

I personally would be wary about any company that performs this "service." You'd be much better off going through credit counseling.

Answer 10

pink me, please don't go through that company for credit repair, or any Debt consolidation company. You can repair your credit by yourself by accessing your 3 credit reports and checking each of them to see what negative items are on them. You must clean up all 3 credit reports for it to work. But if you have debt, I would suggest you work on clearing up your debt first. Here is some ways to getting rid of your debt on your own.

First thing of course would be to cut up the credit cards and make a commitment to never charge again. Then follow the following plan.

Make a list all your debts by amount you owe from smallest to largest. Then begin by paying the "most" amount you can each month to the smallest debt with the idea of paying it off quick. Then, only pay the minimum payment on the larger debts. Continue doing this every month until you have the smallest one paid off. Everytime you pay off a debt, call the company and tell them to close the account ... that you paid off the debt and that you do not want to leave the account open. They will try to talk you into leaving the account open. Don't do this as it is too convenient and you will be tempted and will sink into debt again. You then start paying the most you can on the next smallest debt in line and go on from there until you have each paid off. Every time you get any extra money, whether it be $5, $10 or more, apply it against your debt even if you have already sent in a payment. You can send in payments more than once a month. Don't go out to eat. It's "beans and rice, rice and beans" as Dave Ramsey always says which just means (very cheap meals that you can fix at home). LOL Also do things to make money like garage or yard sales, flea markets, sell on eBay, get a second job, anything to help you get money to apply toward that debt. It's not about obtaining the best credit score, it's about eliminating the debt, then your credit record will be clean or you can work on the few items that need changing by calling or going online with the 3 credit bureaus. Links below.

You can get more help on how to accomplish this by reading and listening to Dave Ramsey. He has a talk show which you can hear on line through his archives, or live on line. Plus there is a lot of reading material on his website to get you started. In addition, he has forums from his site to get help and advice from other people who are in debt. Dave has been there (with debt) and knows what it is like and is now helping people to get out of it. There are people that have followed this method with over $100,000 in debt and have gotten it paid off without going through bankruptcy and without getting some debt help company to do it for them. Dave's website link is below.

I hope this information helps you and you get your credit fixed and you are out of debt soon. Best wishes to you.

Dave Ramsey - Debt tips
http://www.daveramsey.com

Credit Reporting Agencies - all 3 reports can be different
1) Experian - http://www.experian.com
2) TransUnion - http://www.transunion.com
3) Equifax - http://www.equifax.com