If you’re looking for quick credit repair advice you’ve come to the wrong place. This isn’t advice. I’m simply sharing a few of the things that helped me with my initial credit repair project. I had a lot of financial troubles in the last two years. Collections and charge offs made themselves a home on my credit report and after recovering, a little. I decided I needed to get my credit up again.
I looked for options as you might be doing right now and for me the best was going with someone who knew exactly what they were doing. I didn’t really feel I could get quick credit repair results myself. When I say quick, I mean 45 days or less. When I looked into companies that do it for you they always talked about how they were the quickest in the industry and that in 45 days I would be able to see a significant difference. It all sounded great except for what it was going to cost me.
My second option was to work on it myself. I realized that if I did it myself it wasn’t going to be a quick credit repair project but after talking to those guys at the credit repair companies I got the picture that they would be doing some disputing. I had no idea how to do it so I had to look into credit repair programs. After researching a little on the internet I picked a clear winner and started working on it.
In the first 2 months I removed 3 collections accounts. Yes I was surprised. I received a letter from the bureau telling me that the action taken was a removal and I jumped. I didn’t have a 750 credit score but that was quick. Credit repair was looking very possible after that first positive step.
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Once I realized that the techniques I started to use from Credit Repair Magic worked I started to go after the larger accounts. I corrected or removed 11 negative accounts from my credit report. It sounds like a lot but I was deep in the hole. I had a total of 24 accounts that needed to be addressed. Some I wanted to remove and being that they were re-aging my debt, it was very possible.
Re-aging of debt is a serious problem and a violation of statute of limitations. For that reason you can use it to have them remove a bad account from your record. You can read more about re-aging and techniques used to clear it when you get Credit Repair Magic. I know the page and the video look a little funny but the program is good. I came across the program through a credit repair review page.
It did make a difference. I’m glad I worked on it myself. I’m still working on some of the bigger, more difficult accounts. They aren’t budging and I think I might have to go to the professionals after all. The last time I talked to one of them they mentioned that the less I have to clear the less it costs because it’ll take less time to do it.
If you don’t want to go through the hassle and want really quick credit repair results the company I found to be reputable was Lexington law. I talked to one of their guys when I signed up for a free consultation and it’s probably my next step. I’d like to own a home in the next year or so, now that prices are low.
Lexington Law Free Consultation and Ebook.
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There’s an abundance of credit repair specialist services out right now. With the financial difficulties many have been going through in the last few years. It’s easy to see why it may have become a good business model for some unscrupulous opportunists. There’s only one way of steering clear of companies like those and that is by paying attention to how long these companies have been around.
I’m not saying new companies are bad. Absolutely, you can find a credit repair specialist that might be freelancing or starting up. What I’m referring to is individuals with no track record, no references for the last year and no place of business that are operating out of their garage. That I think would be a red flag to beware of.
By contrast looking for a company with a good track record of success repairing credit a professional place of business and well reviewed are almost all sure indicators that you’ll get quality service for the price you pay. I wanted to avoid the risk of paying any amount and having nothing to show for it. If cash is what their asking for, say thank you and walk away. Cash means no proof and that’s the last thing you want to do. Treat it like hiring a construction contractor. You wouldn’t give a contractor more than 30 to 50 percent to start.
One key note I paid attention to was how payment was going to work out. I always thought that I could understand a company asking for a lump sum upfront not the whole fee, maybe half of the quote, something that would show I was interested and not playing around was fair. I didn’t like the companies that asked me for the whole amount up front with no results.
Better yet, I preferred a company that would allow me to pay as I went and not have to shell out two thousand dollars all at once, if that’s what they quoted. Those were the top two things I paid attention too when looking for a credit repair specialist.
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I looked into many do it yourself programs before considering a credit repair specialist. I wanted to save as much money as I could and I felt that doing it myself was the way to go. I did invest in Credit Repair Magic and 37 days to clean credit which were well reviewed on the internet.
After acting as a credit repair specialist myself for about a year I opted to go with a reputable credit repair specialist law firm called Lexington Law. I had seen them when I started but I guess emotionally I wasn’t ready to pay for the services.
I had success with Credit Repair Magic but for the harder accounts I ran out of patience so I contacted Lexington Law about their free consultation. I got a call back from a credit repair specialist with them and she explained exactly how things were going to go, if I decided to take their services.
I’m glad I did it. I was getting too frustrated with a few accounts that wouldn’t budge and so far they have helped my deal with one of them. Two more to go!
If you’re doing it yourself and want to see what they can do check them out. You can read more about them on their website at LexingtonLaw.com, they’ll even give you a free credit repair ebook if you sign up for a free consultation.
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Credit repair secrets aren’t really secrets. They are simply credit facts that most of the general public isn’t aware exist. Most times we think that were always on the loosing end of the equation when it comes to credit and the fact is that were not. There are many laws set up to protect us. This doesn’t mean they don’t get violated. It simply means that if they are violated we don’t do anything about it. We tend to shy away from it because we don’t understand credit and what were doing.
With a little education about credit you can put these so called credit repair secrets to work for you and capitalize on the mistakes and violations collection companies make. A quick example of a common violation is the re-aging of debt. What this simply means is that a derogatory account has been given a new derogatory date that is more recent. This effectively extends the number of months or years the derogatory account stays on ones credit, which in turns damages the credit score for a longer period of time than is allowed by the statute of limitations.
This is a common occurrence but unless you know what you’re looking for you won’t be able to tell one from the other. An account is considered to be bad and starts to count down the reporting period 30 days after is goes delinquent. If as mentioned above it went bad on Feb 2010 but it was reported by a collection company to have been April 2010, there’s the violation. Sixty additional days of derogatory reporting is the violation. The collection company should be using the same data that the original creditor has. With this credit repair secret technique many accounts are deleted from consumers credit reports every year.
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One credit repair secret resource that helped me a lot with letters, understanding credit and the various laws that have been established to protect us was Credit Repair Magic. Credit repair magic was a good program for me for two reasons.
First, it gave me all the information I needed to start disputing right away without knowing much about credit. When I started I didn’t want to have to read a two or three hundred page book. I wanted to get started right away and the self directed approach of the program allowed me to do this. Its self directed not exactly the same as do-it-yourself. You do have some guidance through the program itself and best of all you can start using the secret credit repair techniques right away.
Second, it gave me free upgrades and the benefit of them having researched the competition. I had already tried a couple of programs and I wasn’t going to review over twenty credit programs. Credit repair Magic had already done it.
Best of all if the program wasn’t cutting it I could always use it for a full 60 days to try it out and get a refund if I wasn’t satisfied. Needless to say, I learned so much I kept it.
Get a copy of Credit Repair Magic if you need to improve your credit, it does help. If doing it yourself looks overwhelming you can always consult with an credit repair company for free. Lexington Law is one I’ve considered using. I’m giving it a few more months to see how things progress.
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Credit repair programs aren’t always an alternative to hiring a law firm to repair your credit. I have worked with several programs and I have had success but at the expense of my time. If time isn’t an issue for you then doing it yourself and getting a crash course on credit might be the best option.
The fact is that most of what a law firm does and what the credit repair programs teach is the same. They don’t use voodoo on your creditors and they don’t have special relationships with the bureaus. They simply know about the credit practices that many creditors and collections companies violate and they go for the kill. The FCRA and the FDCPA have set some pretty specific ways of doing business and many of the collections companies violate these rules.
One that is very commonly violated is re-aging of debt. I know I found several companies doing this to me. This is when they transfer a derogatory account to a collections company and the company, by mistake or practice reports a new, more current date as the default date. When they do this it violates the statute of limitations for reporting that derogatory account on your credit report.
Credit repair programs show you how to approach those situations and how to have them removed. This is just about the same process the law firms do. You simply have to go through the trouble of writing and sending the letter yourself. The replies are where it gets interesting and where most fail to follow through. The attorneys know how to do it. Most others working on their credit don’t. Again the good credit repair programs will show you how to address a denial with a different dispute to increase the probabilities of it being removed.
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The best credit repair program I found was Credit Repair Magic. It gave me a more of a follow along type of approach to credit repair and best of all most of the letters were already to go. I would recommend just a little of editing on the letters to make them as emotional as possible.
Many times a more emotional approach can make a difference because the frustration will show through the letter making it seem more genuine.
I tried different credit repair programs and Credit Repair Magic was well reviewed on some credit repair reviews sites so I opted for that one. That and it wasn’t an ebook that I had to read for weeks before I applied it. That really appealed to me because I don’t have a whole lot of time to read, so making the best of my time was important for me. If you’re considering doing it yourself check out Credit Repair Magic.
Better yet, it you feel that credit repair programs aren’t going to help you and its something that should be left to the professionals you should check out Lexington Law. They have a great track record of success with users and have been around for a long time. Do it yourself isn’t for everyone’s. It really depends on what needs to be repaired.
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The choice I had to make wasn’t easy. Hire a credit repair attorney or continue to do it myself? I had been working on my credit for about a year and I had made some progress. I had accounts removed and other accounts, at the very least reporting correctly. I did see a significant increase in my credit score from my efforts but I was still a long way from the 720 I was trying to get too.
This in itself had been an accomplishment and if I was more complacent I would have said it was good enough. I had already taken my credit score from 511 that I started at to 621. Nothing to complain about there, I was simply having a hard time with a couple of accounts where I had higher balances when the account went bad. I was considering a credit repair attorney to see if they could eliminate most of that debt and allow me to pay pennies on the dollar, preferably.
That was a good 4 months ago. I finished weighing my options and I decided to make the investment. I had already invested enough time and I wanted to spend more time with my family rather than reading about credit. I had enough understanding of credit to this point I simply wanted those last few accounts either gone or settled.
I had already tried most if not all the different techniques I learned from a credit repair program and they had all failed on me. I tried disputing the account with verification, verifying the companies right to collect from me. Checking their licensing and bonding in my state. They had it all take care of.
The credit repair techniques were solid. It was simply a matter of these particular creditors having all their T’s crossed and their I’s dotted. For that reason I had trouble getting results. I felt I was out of options and I didn’t want to pay the whole amount after all the damage the accounts were going to leave behind so I choose to leave it in the hand of a professional to negotiate the debt down and get it out if possible. I figured being a legal team. they would have more leverage and success with those difficult companies.
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Going to a credit repair attorney at Lexington Law was probably the best thing I did at that point.
As I mentioned, I had a much better education about credit at this point and fixing my credit myself was a great learning process. I simply was tired of the late night reading over techniques that I had already used with this lender looking for another way to approach it. The techniques worked on many other accounts, with great success. It was much easier than I though it was going to be. I started my credit repair with what I consider to be the best program out there. Credit Repair magic. You’ll find many credit repair reviews where it has been rated one of the best if not the best for do it yourselfers like me.
In the end I’m glad I did that much myself, even thought I ended up hiring a credit repair attorney. I helped my get most of the light load off the account so to speak and have the credit repair attorney do the heavy lifting. This should save me months of work for the attorney and money.
I would say try Credit Repair Magic but if it looks like its something you want a credit repair attorney to tackle give Lexington Law a try. You can always start with a simple consultation at no cost that’s how I started.
Lexington Law Free Consultation and Ebook.
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I should have listened to the credit repair advice I received while researching ways to clear my credit. I looked for months for a way to do it myself instead of getting a professional to do it and honestly I’m glad I didn’t listen. Though working on credit yourself sucks. It really isn’t as bad as it you may think.
Me for example, I didn’t take the credit repair advice I got and to be honest it has saved me hundreds of dollars already. I went on yahoo answers and reviewed questions. Went to Ask and posted questions and most of what I was told was to go to an attorney or credit repair specialist. So…I checked out attorneys. It was great credit repair advice. It simply wasn’t in my budget. I guess I should have asked for budget credit repair advice.
So, yes I decided to do it myself and not follow the advice because of the cost involved as probably 80 percent of those who try to do it themselves. I learned a lot about credit and in about 60 days I saw results from what I was doing.
I learned about disputing, effectively and how to address duplicate entries on my credit report. I also learned about the Fair Credit Reporting Act and Fair Debt Collection Practices Act. I didn’t read them, I got abbreviated versions. That’s about 100 pages of legal jargon that I wasn’t going to understand anyway.
The best credit repair advice was the one that involved how to use the credit rules on both of the credit acts I mentioned above and making them work for me. Credit collection companies aren’t the most rule abiding companies around and they know full well that most consumers aren’t aware of their rights much less what a violation looks like. That’s what contributes to about 80% of consumers having erroneous information on their credit report.
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After reviewing four programs on credit repair I started with 37 days to clean credit. It’s a great program to start with on a budget and the tactics are solid. The reason I opted to also invest on Credit repair Magic and it’s the one I recommend to anyone who want credit repair advice is that it’s more of a do it yourself guide than an ebook. It does provide great credit repair advice.
Ebooks are great but I wanted to do as much as I could in the shortest amount of time and my hang up was in writing the dispute letters. I had like writers block and couldn’t figure out how to make the letters my own. Credit repair magic helped me in that regard, where it’s more of a follow along program.
For me Credit Repair Magic was the best investment I made and it has great reviews. If it didn’t work I was prepared to go to Lexington Law. As I mentioned at the beginning of the article I researched attorneys and Lexington Law I found had a great track record with credit repair and its one of the top companies. I found many credit repair advice sites that recommended it.
What I liked best is that they have a pay as you go type of model and you can start with a free consultation. They even give you an ebook, well at least when I checked them out they did.
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To rebuild credit after bankruptcy you’ll have to take a close look at what’s still lingering on your credit. It’s very common for one to shy away from credit after bankruptcy. We tend to not want to get new credit and worse of all not check our credit. We automatically assume it’s bad. We’ll yes it will reflect the damage, yet there is a very significant reason to review your credit and that is mistakes.
Mistakes can and many times do show up on the credit report. If you want to rebuild your credit after bankruptcy those accounts need to be updated. Accounts can still show as collections and charge offs and thought they have been discharged they will continue to damage your credit score.
You’ll want to correct those accounts as soon as possible to be on your way to better credit. Bankruptcies are bad but they won’t stop you from getting new credit accounts and even buying a home for very long. Within 2 to 4 years you can be just as well as before with new found knowledge and a different respect for credit.
To get started and rebuild credit after bankruptcy you’ll need to have your bankruptcy documentation and a little knowledge about credit laws. I found it useful to work on my credit with a top rated credit repair manual. I didn’t know much about credit when I started and figuring it out on my own was very challenging with the limited amount of time I had. I needed to get right to the point of what I needed to know and that’s what the program provided me.
I contacted the creditors the bureaus and mailed letters for about 2 months to get it all cleared and corrected. It’s nothing major and you’ll have all the proof you need in your documentation. It’s a matter of following the appropriate steps to cut through the red tape and get it corrected.
So if you think that you’re doomed and there is to reason to review your credit after bankruptcy, think again. If you rebuild your credit after bankruptcy and keep an eye on what’s reporting after discharge you can save thousands of dollars.
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Being that I had very little knowledge of credit when I started, I had to find the best information to help me correct the damage and rebuild my credit after bankruptcy.
I didn’t want to use an attorney or credit expert being that I had already spent enough on the bankruptcy and a credit expert or attorney was going to run me about another thousand dollars. I chose to get a credit repair program to get started. I used 37 days to clean credit for a while and made some progress with that.
Most of what I was working on was corrections to accounts. I used that program with success to dispute with them the correction and as I mentioned before I had all the supporting documentation to have them do it.
Now to rebuild my credit after bankruptcy, I’m getting a couple of secured credit cards to keep the interest cost as low as possible and building on that. The corrections I had completed in about 90 days, the real works is using credit as a financial tool and not using it excessively.
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In recent months I’ve made much improvement in the way I was working to fix my bad credit report. I needed to repair the damage that I had on my report. Unless you’ve been there, you have no idea how much your credit can drop when you have financial troubles. Fortunately I found good information that has helped me improve my credit. My financial situation changed drastically some months back. When I got back on my feet, financially it was a relief but the damage had been done.
One of the ways I was able to fix my bad credit report and start to repair the image my credit report was giving was by disputing. You may read a lot about disputing online but not all of that information is effective. You have to understand the process the dispute goes through and a little about the laws that have been established to protect you.
You can dispute accounts under a number of different reasons. Without having to simply say it’s not your account. You can have them verify the accounts, provide proof you owe the account. Challenge their ability to collect from you. The list goes on and this is all legal and your right. If you’ve ever consulted with a credit repair company about your credit you might have noticed that by law, they have to disclose that what their going to do for you, you can do yourself. What does that tell you?
One thing I want to add is that creditors can no longer harass you and call you at work and at all hours of the day. There are laws set to protect you from this type of harassment. This tip doesn’t help you fix your bad credit report. I just wanted to mention it because many don’t know that there are limits to what they can do to collect. For calls at work you can send a request in writing to have them stop calling at work. You simply state that its jeopardizing your employment. This is a great way to have them understand their dealing with an informed consumer.
Fixing a bad credit report and repairing the damage can be done in as little as 60 days. It’s going to depend on what you have on the report that’s causing the damage. If you, like me are dealing with collections companies and some charge offs, its possible to get it done in 60 days if you’re aggressive and stay on top of what’s going on.
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As I mentioned above you’re disputes should be approached with the laws on your side not just denial of what’s being reported. It’s possible to dispute any account the success you have will be determined by how you stay on top of the situation. Using the different techniques available for disputing helped my raise my credit by 35 points in those 60 days. I’m not completely done but with what I understand now I’m going after the bigger account.
I always found it very useful to have a credit repair program at hand. Something like Credit repair magic or 37 days to clean credit. I’ll have to say that 37 days was a good program but as you can probably tell it didn’t happen in 37 days. I did see significant results after 60 days, hence the title.
For me the best option was the credit repair magic program. The reason for that is that it didn’t just have the letters that you have to use but it also had a lot of great information. I actually started with a different program that did help but it left me with many questions.
I opted to try Credit repair magic because I had to fix my credit. I had already had some success with the other program and I felt that this program might answer some of the questions I had. Fortunately it did and it has helped me increase my credit. That’s where I picked up on how to mail my dispute to different addresses for the credit companies. This eats up at their time frame to reply and gives you a higher possibility of having the account removed for lack of response or not responding in a timely manner.
The different ways to dispute with credit collection companies really came in handy to remove those annoying accounts and some of these companies have so many holes you can take advantage of if you know what you’re looking for.
I have just started to tackle the larger accounts with the techniques I’ve picked up from the program. I think another 6 months and I’ll have my credit up in the 700′s.
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