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.
Get your Credit Score from CreditReport.com – fast, free and easy!
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.
Lexington Law Free Consultation and Ebook.
Get your Credit Score from CreditReport.com – fast, free and easy!
