How To Remove Negative Credit Yourself

The following tips will help correct your credit and it should be done with all Credit Bureaus.

I have personally used these methods and had much success removing negative items, collection accounts that were not mine and removing errors contained in my credit report.

You are legally able to obtain a FREE credit report every 12 months by calling each Credit Bureau and requesting a copy of your report. If you were turned down for credit, you can request a copy of your credit report and have the company that declined you outline why you were turned down for credit.

I will show you ways of removing negative items from your credit file. These methods are sometimes referred to as "Credit Repair".

These are the exact same methods credit repair clinics and attorneys charge up to $3,500 or more to perform. Since they don't always do it correctly, people have been taken for millions of dollars over the past years.

You can outsmart creditors who are damaging your credit!

What the Credit Bureaus Don't Tell You
1. Each item on your credit report must be proven or it cannot remain in the report. If the credit bureau cannot verify the item when investigated, it must be removed from your file whether or not it's true.
2. Every negative entry on your report can be denied or challenged at any time. The bureau must reinvestigate and if that item cannot be verified within a "reasonable amount of time", it must be removed from the file.
3. Items when challenged can be mistakenly erased. Consumers say they often experience computer operator mistakes.
4. Many times the creditor does not re-verify in time or the credit bureau is busy and does not handle your dispute properly. It must then be deleted.
5. The older an item, the more difficult re-verification is. It is possible it cannot be verified because records may no longer exist after 1 or 2 years.

Steps to Repair Your Credit
1. Obtain your three credit reports.
2. Review the reports and locate the negative items.
3. Dispute the negative items with the credit bureaus.
4. Disputed items are removed or corrected. Items that were not re-verified are removed.
5. Negotiate with creditors and collection companies.
6. After negotiating and making payment, creditors delete the negative accounts or change them to a positive rating.
7. State the item you are disputing, but do not use dispute forms or file numbers provided by the bureau. This will cause fewer delays by the credit bureau asking for clarification.
8. Do not confirm the account if any information about the item is wrong.
9. Do not use letterhead (you don't want to raise any Red Flags).
10. Do not photocopy a fill in the blanks form letter (another Red Flag).
11. Send disputes during busy times of the year. For Example: The first to middle of November can cause a delay in verification because of the Thanksgiving/Christmas rush for the creditor and the bureau can catch them before they can thoroughly investigate within a reasonable time.

Please Click Here to read more in depth details on my SquidooLens: How To Remove Negative Credit Yourself


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