Imagine this situation for a minute or two. You are sitting across the desk from a loan officer at your bank applying for a mortgage, business loan, auto loan or other type of loan. The loan officer pulls your credit, reviews your paperwork, and informs you that you’re approved for the loan. Here’s another scenario. You are interviewing for a new job and your potential employer informs you that you’re the leading candidate. However, they just need to check your credit before he or she can officially offer you the job. What if you no longer needed to squirm in your seat, or break out in a cold sweat upon hearing those words?
Although these two situations may sound like a dream right now, the good news is that it is easily achievable. You just need to want it. You also need to do something positive in order to make it happen. The solution is actually staring you in the face. It is called credit repair. So what exactly is credit repair? By definition it is the process of fixing a poor credit standing that may have deteriorated for a variety of different reasons. Repairing your credit standing may be as simple as disputing mistaken information with the credit agencies.
Identity theft, and the damage incurred, may require extensive credit repair work. Although numerous companies claim they can clean up bad credit reports, correcting erroneous information that may appear on your credit report takes both time and effort. The details cited to credit reporting agencies cannot be removed by a third party. Rather the details, if misrepresented or inaccurate, can be disputed. Credit repair companies may investigate such information, but you can as well.
Individuals are entitled to free credit reports every 12 months from credit reporting agencies, as well as when an adverse action is taken against you, such as being denied credit based on information in the report. Disputes may be filed when incomplete or inaccurate information appears on your credit report. Aside from correcting such information, or catching fraudulent transactions on your credit, rebuilding and repairing credit can rest more heavily on credit usage and credit activity.
Taking steps to make sure payments are up to date or improve the payment schedule for outstanding credit can beneficially affect your credit. In addition, the amount of credit you use can also play a role. For example, if you are actively using large portions of the credit that is available to you, even if you’re paying the minimum payments on time, the debt you’re carrying lowers your credit scores.
If you are simply sick and tired of having bad credit and need some help getting it fixed, please contact us immediately. Legal Rights Advocates, Inc. is a consumer advocate law firm that focuses on consumer rights protection services across the Unites States. We have well over twenty-five (25) years of combined experience helping consumers that are experiencing Debt Collector Harassment, Social Security Disability issues, and a whole lot more. LRA is truly your consumer rights advocate. We take great pride in the fact that our job is to protect you from deceptive and or abusive debt collection practices.
LRA is an accredited member of the Better Business Bureau, and we have well over 500 Five Star Rating Reviews online from across the United States. Our goal is to assist you each and every step of the way regarding your rights for consumer protection. Please call us today for more information at 855-254-7841 or click here to visit our website. We look forward to working with you.
(855) 254-7841
(855) 254-7841
