It is common knowledge that somewhere between 60 to 75% of all credit reports contain inaccuracies. If you are being hurt by the errors your creditors have put on your credit report (and it’s likely that you are but don’t even know it), then credit repair is what you are going to need to do.

Did you know the law states that everything on your report must be one hundred percent correct. This means that if you dispute something you don’t think is perfectly correct, and the creditor fails to respond within the time frame allowed by law, the item will be deleted from that credit bureau’s report. But even if the creditor doesn’t respond to one credit reporting agency, that does not mean they didn’t respond to the other two. Still, your score likely improved with the bureau that did not receive a response because the negative account was taken off. Clearly, that is a good thing for you.

So, if you just got off the phone with your lender and they told you that you are not approved, you need to produce credit repair letters to the credit bureaus and you need to pay down your credit cards. Yuck. Sure, if you had 50 spare hours, you could research all that and get it done. But no one has that much time when they are working hard to support a family! Or, worse, your lender told you that they cannot do your loan, but you can talk to XYZ credit repair company and for $1200 they will work on repairing your credit, but they can’t guarantee it will work!

Let me tell you about a better option. CreditBlossom.com is a web site that will allow you to create all your credit dispute letters in minutes and it is totally free to the consumer. If you want to do self credit repair, this is the best place to get it done with. I have had a number of clients see amazing results with this site. In fact, I’ve seen the old long-hand method of creating the credit repair letters on your own work too, but this new resource can get just as good of results in a fraction of the time.

Filed under: Finance • Other Loans

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