Credit reports: Have you been successful at throwing yourself at the mercy any of the credit agencies?

Question

I do not have a great excuse other than I was laid off when something was reported on my credit. Have you ever been successful at getting something removed from your report that wasn't there "in error?" I do not know if it is even worth trying.

Answer 1

Hey, it's worth a try. My cousin has immaculate credit, but she has confessed to me that after paying a credit card/bill late, she will call, and call, and call (bug the hell outta them) until she can get someone who'll "fix" it on their computer saying she paid on time. And it worked!
So yes, it's worth a try, but you have to be adamant about it.

Answer 2

No way around this situation except to work with your creditors. The bureaus aren't interested in your issues they just monitor your report with info provided by your credit card companies. If you are behind on card payments try putting off something else for a month (utilities aren't as quick to penalize and those payments don't affect your credit score) and pay your cards down. Definately call and negotiate better interest rates with any of your cards you can. Depending on your history and their policies most card companies are willing to at least extend short-term (3 month up to a year) lower interest rates. Also consider a balance transfer to consolidate your cards onto the one with the best rate and make it easier to pay off the chunk of debt to one lender rather than multiple. Go online and sign up for online access for all of your credit accounts...then check out their balance transfer offers (if any are offered) and read all the fine print and be sure you understand it before you proceed. There will generally be a fee (3-5% of the amount you transfer) but paying the debt down at a much lower rate can sometimes justify putting out a fee up front. Again, call the card companies and ASK them what they are offering on balance transfers and have them do the math with you to see if it's worth your while. They can be a bit pushy if they think you're interested in doing a transfer so stay calm and ask questions until you get the info you need before you jump into it.

Good luck!!

Answer 3

There is no "mercy" to throw yourself at... The Fair Credit Reporting Act requires the bureaus to maintain accurate information. If you still haven't paid the debt, contact the creditor and try to settle. If you paid it, try submitting a dispute to the bureaus. SInce the creditor has nothing to gain, they will probably let it fall off.

Answer 4

i don't think being laid off will do it. you have to dispute the actual account, not why you could not pay your bill.