An important piece of paper is a credit report. It's a big part of how lenders decide whether or not to lend you money. It can help insurance companies decide what your rates will be or even if they will cover you at all. Employers can look at it and use it as a reason to hire you or give you a raise. Since your credit report is so important, it is very important that the information on it shows you in a good light.
Taking care of your own credit s...
An important piece of paper is a credit report. It's a big part of how lenders decide whether or not to lend you money. It can help insurance companies decide what your rates will be or even if they will cover you at all. Employers can look at it and use it as a reason to hire you or give you a raise. Since your credit report is so important, it is very important that the information on it shows you in a good light.
How to fix your credit yourself saves you money
The Fair Credit Reporting Act says that people can dispute mistakes for free on their credit report. It can take a while to get your report, find the mistake, write a letter, and send it, so many people hire companies to do the boring work for them. If you have the time, there's no real reason to pay someone to do work you can easily do yourself.
There are no secrets to fixing your credit.
Don't let yourself be tricked into thinking you don't know how to clean up your credit report and that a credit repair agency knows a lot of things you don't. You can easily find out everything you need to know to fix mistakes on your credit report, and nothing in the process needs to be done by a third party or a company that specialises in credit repair.
Don't let yourself get ripped off.
Don't believe the ads that say an agency can get rid of your bad credit. By law, you can only change incorrect information on your credit report. If you have filed for bankruptcy, the only thing that can legally take it off your credit report is time.
Credit repair companies charge anywhere from $400 to $2,000 for their services, but you can do everything they do on your own. You can get a report of your credit history with all three credit bureaus for $30. The other cost of cleaning up your credit report is the time you have to put into it.
