Simple & Free Credit Repair You Can Do Right Now!
Regardless of your record or history, there are a number of quick & easy steps you can take towards credit repair. It’s never too late, and costs nothing, yet the results can be huge!
To start, you’ll need to get a copy of your credit reports and actually go through them. There are three separate credit reporting bureaus and each one will have a slightly different report.
The law now provides consumers the right to one free credit report from each of the bureaus, Experian, TransUnion, and Equfax. You are entitled to one from each company every year.
There is a website set up by the FTC (Federal Trade Commission) specifically for this purpose: annualcreditreport.com. Be leery of any other sites claiming free credit reports - there will be strings & fees attached.
You’ll start your credit repair efforts as soon as you get your reports. To begin with, you want to read each report line by line.
The reports will either include a “dispute” form, or give you a web address where you can download them. This is where you will begin fixing your credit score.
Make a note of every outdated, inaccurate, or incorrect entry - you will be disputing these. Fill out a dispute form and provide corrected information, or why it is inaccurate, such as debts that have already been paid but are still listed.
Each credit reporting agency has up to 30 days to either verify the information, or they must remove it by law. Even if the information is accurate, if they don’t verify it in time, it gets removed.
With just this simple step, some of these negative entries will be removed from your credit report. They will no longer contribute to a low credit score, and your score will immediately go up - sometimes by hundreds of points!
