subject: Credit Aid Can Fix Your Credit [print this page] Your credit is a written representation of your reliability and responsibility as interpreted by credit card companies, lenders, landlords, insurance agencies and potential employers. Every financial action you take is reported to three major credit bureaus for others to see.
A good credit report is like gold, allowing you to get the very best interest rates, loan terms and the lowest rates and rents without deposits. However, a bad credit report can weigh you down financially, costing you thousands of dollars in additional interest, higher rates and deposits, and it may even prevent you from landing your dream job.
So what do you do if the negative information on your credit report is not the fault of your own? In some cases, you may have been forced into making a payment late. Perhaps an ex or estranged spouse ran up credit card bills or took out a loan in your name. Or perhaps a friend or family member stopped paying on a loan for which you cosigned, damaging your credit. You may have even been the victim of identity theft, which can extremely dangerous to your credit rating.
Dispute Inaccurate Information
If the negative information on your credit report is inaccurate, try disputing it with the credit bureaus. Be aware, however, that you will need proof, such as receipts and invoices, that you are either not responsible for the debt or that you paid your debts on time. Without this information, it is unlikely you will be successful in having the inaccurate information removed.
Get Credit Aid Assistance
When your own personal efforts to correct your credit report fail, try getting credit aid assistance from a credit repair company, such as CreditNowUSA. When you get professional help for your credit problems, you will be in the hands of experienced individuals who understand the inner-workings and relationship between federal law, creditors and the credit agencies. CreditNowUSA hires financial lawyers to handle each case and help customers optimize their credit scores by removing old negative information. Once that information is gone, credit scores tend to rise, interest rates on credit cards begin to fall and consumers begin gaining access to the best financial terms available.
For more information, go to Credit Aid at http://www.creditnowusa.com/Credit-Aid
