I am trying to fix my credit report. I have some items on there that are close to the 7 years and was wondering if there was anyway to speed that up to get them off my report? I heard that if you continue to dispute the account then sometimes it will be deleted?
How do the credit restoration companies work? I have paid all the debts off it is jus that they are line items on my report that I want off asap. Are there companies that work to elimiante them off the report?
2007-02-16 10:16:52 · 7 answers · asked by ikalyani 1 in Business & Finance ➔ Credit
Unfortunately, even on the stuff you've paid off, nothing but time will remove them from your report. If you've paid them off, that shows up on the report that you paid. What are you disputing? If they are legitimate items, you aren't going to do any good disputing them.
You would be better off to try to improve your score in other ways like pay all bills on time. If you have a credit card, us it for groceries, everything, and then PAY THE BILL before the due date. Late payments do more damage than just about anything to your score. However, if you start establishing an on time payment record by using a credit card and paying it on time every month, it will improve your score.
2007-02-16 10:58:28 · answer #1 · answered by Faye H 6 · 1⤊ 0⤋
If the items are paid off and are close the the 7 year mark, forget about them. The older the item, the less impact they have on your score. Paid items have less impact on you score than unpaid items. Even if you can remove a 6 year old paid item, your score won't change much.
2007-02-16 21:24:14 · answer #2 · answered by STEVEN F 7 · 0⤊ 0⤋
Below are some techniques about removing negative items, which you can use if you have no unfavorable information in your report. OK, let's start with the technique that ignored by a lot of people.
DEBT to CREDIT RATIO: One of the falsest belief is "I have excellent credit, I pay all my bills off in full every month!". You have to get your "credit mindset" right. And the debt to credit ratio is the key point. What is debt to credit ratio? Debt to credit ratio is your ratio of debt to total available credit you have been extended.
http://www.freeadstb.com/improve_credit/
2007-02-16 19:33:05 · answer #3 · answered by arley_vest 2 · 0⤊ 1⤋
When you dispute an account on your report...the company that is reporting it has 30 days to validate it or it has to be removed. If you want to learn more about credit repair then visit my about me section here on answers.
Thank you,
2007-02-19 10:48:42 · answer #4 · answered by Anonymous · 0⤊ 0⤋
How to Clean Up Credit Report: Before approving your loan, your lender contacts the credit bureaus to get your credit report. Bad credit report will severely restrict your credit. In some cases, you may not even get the credit. So it is vital to get your credit report cleaned. To enable you to achieve that you have to alter your financial habits
2007-02-17 10:09:58 · answer #5 · answered by Anonymous · 0⤊ 0⤋
The time answer is complete BS. You can repair your own credit for free by becoming educated about how to do so. creditinfocenter.com is a good site. Disputes and small claims are the way to go.
2007-02-16 19:05:25 · answer #6 · answered by John C 1 · 0⤊ 1⤋
I haven't heard of anyway to remove any thing faster. Sorry
2007-02-16 19:00:36 · answer #7 · answered by Angela M 1 · 1⤊ 0⤋