subject: Credit Report Repair Can Be Successfully Achieved By Following The Correct Process [print this page] Every time a person tries to take credit, be it for buying a car, for honeymoon or any other reason the creditors first go through the report of the client. What if your credit report is not so good? Most of the creditors would not want to take the risk. Then you will have to opt for subprime loans available in the market at a very high interest rate. A better solution to this problem is to improve your credit report. You can hire a repair company for this task or you can do it yourself.
A careful examination of the credit report will get you a marked improvement in your credit scores. First of all you will need the report from all the three credit bureaus which are Equifax, TransUnion and Experian. You can order your report online. You can get a copy of your report free of cost once in a year. Once you have your reports from all the three credit bureaus, then you can review your reports. You will need to pay attention to any negative claims which have been put on your report. There will be an explanation attached with the report explaining why the negative mark has been set.
If there is any negative claim which you think is inaccurate or incorrect then you can dispute that transaction. In order to dispute a transaction you will have to write to the credit bureau informing them about all the details regarding that transaction. The credit bureau will then get in touch with the concerned credit company and ask for a clarification. The credit company will get 30 days to get back to the bureau. It the claim is found valid the negative mark would come off your report.
There are options available to repair bad credit and raise your credit score. Something as simple as disputing negative items can help. These items can be erased from your credit report, resulting in a significantly higher rating. Click the following link for more information on how to repair bad credit quickly and legally:
