I know that there is a certain format that you can use to clear up your credit, and there are a lot of people who charges to do that! I need a form or specifics instructions on how to clean my credit up quick!
2007-07-10 11:58:11 · 7 answers · asked by Nek Nek 2 in Business & Finance ➔ Credit
OK, now would you like some useful information instead of all these negative answers?
Take a look at the link below. These folks came up with an outstanding flowchart that gives you the steps to take in cleaning up your credit.
But note that if the creditor does everything they are supposed to do, the report will not be deleted. You are counting on the fact they they either lost your paperwork and can't validate the debt, or that they ignore the investigation request from the credit bureau.
In many cases you can get negative information deleted from your credit report.
2007-07-10 14:00:24 · answer #1 · answered by Anonymous · 1⤊ 0⤋
There is no 'certain format' to clean up your credit. If the items are accurate, you can dispute them, and while they are in dispute, they will not show on your history or be counted in your score. However, as soon as your creditors confirm the accuracy of the items, they will be right back on your report.
And if you try doing continual disputes, your disputes will be marked as frivolous and they will be ignored.
If you have 6 - 12 months of good payment history since the derogatory mark, some creditors may give you a break and stop reporting late items. However, this is completely up to the creditor, and not all creditors will do this.
2007-07-10 12:06:52 · answer #2 · answered by aj485 5 · 0⤊ 0⤋
You cannot 'clean up your credit' if all the items in your credit file/report are accurate and can be verified. You can only clean up errors in the report.
Ask for a copy of your free credit report (you won't get the score) from each of the three major credit reporting firms. Check each item to insure accuracy. If you find no errors, you live with your credit the way it is.
2007-07-10 12:28:45 · answer #3 · answered by acermill 7 · 0⤊ 0⤋
Word of caution:
You should not pay anyone to clear up your credit. You can dispute any info on your credit profile that you feel may be in error by going through the credit bureau that is reporting the info. They in turn will contact the subscriber and verify if the info is accurate or not.
2007-07-10 12:12:59 · answer #4 · answered by justme 2 · 0⤊ 0⤋
You have to have your verbage and format correct for it to work. Usually companies charge hundreds of dollars to simply pull your credit and send correctly worded dispute letters—this is the key…..people will tell you that you can do this yourself for free but the truth of the matter is that the credit bureaus will throw your letters away or simply reject them. There is an easy to use online kit that will deliver the results you want available for just $19.95 at the source website. A similar kit is being sold via infomercials and radio talk shows for seventy dollars more but they try to solicit you repeatedly for other services after the fact.
2007-07-11 12:51:34 · answer #5 · answered by stephen l 2 · 0⤊ 0⤋
Valeria I am having the same problem but I have read that they can remove it, I spoke with a person from a collection ageny and they told me the same thing they told you, so why should I pay it if they are not going to remove it from my credit report. I even send a certified letter but they have not respond and I know they received it because I received the card back. I was also told since they put it on there they have the right to remove it. So like you said the is BS.
2016-05-18 23:15:56 · answer #6 · answered by lu 3 · 0⤊ 0⤋
When you obtain your reports from the 3 agencies, each have instructions on how to file a dispute.
https://www.annualcreditreport.com/cra/index.jsp
2007-07-10 12:02:26 · answer #7 · answered by mister_galager 5 · 0⤊ 0⤋