How to Repair Your Bad Credit

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by Chane Steiner

If you live in the US, then you need a good credit rating. Unfortunately, there are millions who learned that too late. Their credit ratings are damaged or broken and they desperately need to repair them. Repairing your credit rating is something that can be done - you just need to know a few tricks. Great news: The tricks are right here! Read them; use them and prepare for a better life.

Know what the credit reporting agencies will never tell you.

Every negative item on your credit report must be proven or it has to be removed. It is the responsibility of the credit reporting agency to investigate and verify them when they are disputed. If they can't be verified, then they have to be removed even if they are true. A lot of times, creditors do not, will not or cannot take the time to verify the claims for the credit reporting agencies. That is great news for you!

You see, you can dispute and challenge any and every negative item on your credit report at any time that you choose to. That's your legal right. Even though the item was reported at one time in the past, if it cannot be re-verified in a reasonable time frame, it must be removed immediately. The more time that has passed since the initial reporting of the item, the better. The corporate world is in constant flux and many times records are lost, clerically misplaced, misfiled, destroyed or otherwise made invisible.

Know how and when to dispute negative items.

Once you have obtained your credit rating copies from all three credit reporting agencies, review them and locate every single negative item. Do not use the dispute letters from the agencies. Download sample dispute letters online and use them instead. Send the dispute letters via certified mail and request a receipt of reception for each. You want to cause delays. You want for the agency to not be able to complete the verification procedure in their given time frames. If there is incorrect information concerning any account, do not correct it. Send your dispute forms at peak business times throughout the year like Thanksgiving, tax time, Christmas and New Years. Let those holidays work for you for a change.

Follow up diligently.

Wait for 30 days and request another copy of your credit report. Check to see if the negative items that you disputed have been removed. If not, inquire as to why. Send in another dispute form for any item that has not been either removed or re-verified. Bombard the agency with certified mail and always request receipts. Repeat this procedure and soon you will see the negative items dropping like flies off of your credit reports.

This is a credit society. Without a sufficient credit rating, you are unable to function in the ways that you desire to in your life. Your credit rating is an integral component of your happiness and well-being. Fight for it! Legal credit repair is your right. You are protected by the credit laws of the land and you should use them to your fullest advantage. This is the same knowledge that services and attorneys charge thousands of dollars for every day.

Begin your fight for the restoration of your good name today. Repair and restore your credit rating!

For more tips on how to repair bad credit visit the do-it-yourself credit repair site!

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