Who are the best credit repair companies?
January 26, 2011 by Credit Attack
Filed under credit repair companies
I am looking for a strong effective established company with a good track record. my credit is not horrible but not great either. and there are so many to choose from. any ideas?
None….no firm can remove accurate negative info…..Save you money and pay down balances of what you owe with the money you save…. The only thing these firms can do is request validation and hope that the credit bureaus can’t validate…which means they must remove the items from your credit files. You don’t have to pay anyone to do this.
Per the Fair Credit Reporting Act you have the right to request written validation of negative entries on your credit files. Per this law they must validate the item(s) within 30 days or remove them from your credit file. Mail a letter via certified mail with return receipt to all three credit bureaus (Equifax, TransUnion & Experian). Include a photocopy of your driver’s license and social security card…If you don’t include these, they may write back requesting them, which would slow the process down by several weeks. For each negative item, write a separate letter and simply include the phrase:
Per the Fair Credit Reporting Act, I am requesting written validation of this item.
Do this one at a time for each negative entry….DO NOT request validation for all items at one time.
There is NO guarantee that this will work….It may give some decent results. The worst that can happen is that all negative items come back verified.
just wait a few years. it will get better
Before you waste money signing up with any credit repair company, read what the FTC has to say: http://www.ftc.gov/bcp/edu/pubs/consumer/credit/cre13.shtm