Debt Consolidation - Credit Repair - Bad Credit Loans & Credit Cards.

Credit Repair - Self Help May be the Best
Don't believe the all the ads and promotions claiming to repair your bad credit. Only time, a conscious effort, and a personal debt repayment plan will improve your credit report.

The Truth
No one can legally remove accurate and timely negative information from a credit report. But Fair Credit laws do allow you to request a reinvestigation of information in your file that you dispute as inaccurate or incomplete. There is no charge. And, everything a credit repair clinic can do for you legally, you can do for yourself at little or no cost.

* You are entitled to a free copy of your credit report if you've been denied credit, insurance or employment within the last 60 days. If your application for credit, insurance, or employment is denied because of information supplied by a credit bureau, the company you applied to must provide you with that credit bureau's name, address, and telephone number.
* You can dispute mistakes or outdated items for free. Ask the credit reporting agency for a dispute form or submit your dispute in writing, along with any supporting documentation. Do not send them original documents.

Clearly identify each item in your report that you dispute, explain why you dispute the information, and request a reinvestigation. If the new investigation reveals an error, you may ask that a corrected version of the report be sent to anyone who received your report within the past six months. Job applicants can have corrected reports sent to anyone who received a report for employment purposes during the past two years.

When the reinvestigation is complete, the credit bureau must give you the written results and a free copy of your report if the dispute results in a change. If an item is changed or removed, the credit bureau cannot put the disputed information back in your file unless the information provider verifies its accuracy and completeness, and the credit bureau gives you a written notice that includes the name, address, and phone number of the provider.

You also should tell the creditor or other information provider in writing that you dispute an item. Many providers specify an address for disputes. If the provider then reports the item to any credit bureau, it must include a notice of your dispute. In addition, if you are correct-that is, if the information is inaccurate-the information provider may not use it again.

If the reinvestigation does not resolve your dispute, have the credit bureau include your version of the dispute in your file and in future reports. Remember, there is no charge for a reinvestigation.

The Credit Repair Organizations Act
By law, credit repair organizations must give you a copy of the "Consumer Credit File Rights Under State and Federal Law" before you sign a contract. They also must give you a written contract that spells out your rights and obligations. Read these documents before signing the contract. The law contains specific protections for you.

Need Help? Don't Despair
Just because you have a poor credit report doesn't mean you won't be able to get credit. Creditors set their own credit-granting standards and not all of them look at your credit history the same way. Some may look only at more recent years to evaluate you for credit, and they may grant credit if your bill-paying history has improved.

If you can't resolve your credit problems yourself or you feel you need some additional help, you may want to contact a credit counseling service. Counselors try to arrange repayment plans that are acceptable to you and your creditors. They also can help you set up a realistic budget.

Three large national credit bureaus supply most credit reports: TRW, Equifax, and Trans Union. Each one collects thier information independantly. You may wish to contact them individually for a copy of your report.

Warning signs of being in too much debt often arise long before you receive the first collection notice. If more than 2 or 3 these danger signs apply to you, let us help you reduce your payments up to 40%.