So you got into debt, had problems but you got yourself back on your feet through hard work and sacrifice and how are you rewarded? A Bad Credit Rating.
You would be forgiven for thinking thats not fair and why did you bother sorting yourself out if your hands are still tied when it comes to applying for anything financial? There are ways to improve your credit rating and get back on track completely.
There are three basic steps to help improve your credit rating:
· Dispute negative entries on your credit report
· Have negative entries deleted from your credit report
· Rebuild your credit
The first stage is to write to your credit bureau and detail the disputed
entries on your credit report. You have thirty days in which to dispute an
entry on your credit report. However, you will often find that the credit
bureau takes as much time as they want. Here is a basic overview of
what happens to that letter:
Your letter is read by a lower-level employee who has the power to
dismiss your letter or pass it on to higher powers within the credit
bureau.
After the investigation is complete, and the lender has not verified the
disputed entry, the credit bureau will delete that entry. This negative entry
can still be reinstated if verification eventually arrives.
Once your dispute is accepted the derogatory entries are deleted or
improved to perfect. Once they have been deleted or improved, the credit
bureau will send you a notice of these changes, along with a new credit
report.
Check out http://www.123-debt-consolidation-loans.com for more information on your credit rating and those who can help.
Credit Cards and Loans sounds like just two things, but... Read More
Before you take out a home loan or make any... Read More
The three major credit bureaus, Experian, Equifax and Trans Union... Read More
"Erase Bad Debt !""Remove Negative Items From Your Credit Report"You've... Read More
1. Payment History -- 35%The number of accounts paid as... Read More
Identity theft is the fastest growing crime in America. According... Read More
With today's credit card companies, there are many opportunities to... Read More
Credit Cards are essential for any consumer today. However, when... Read More
Using a credit card wisely is an important step in... Read More
The Fair and Accurate Credit Transactions Act, signed into law... Read More
It's the number one complaint from consumers and it only... Read More
Is identity theft really that serious? Thousands of people every... Read More
If you have ever fallen behind on your debts you... Read More
Consumers reject financial advice in favour of financial frivolityIt would... Read More
Getting worried that one of your clients, customers or patients... Read More
Your credit score may just be a little number, but... Read More
A new sickness is plaguing the UK called Denial. Denial... Read More
Identity theft is a growing concern among Americans, and rates... Read More
How do these people get my name? If you have... Read More
You might not know it, but every time you take... Read More
Anywhere you go online nowadays, you will see a multitude... Read More
Identity thieves take advantage of everyday opportunities to discover your... Read More
The first rule when applying for banking and credit services... Read More
Establishing credit is one of the most important things you... Read More
Do you have a poor credit rating? If so, you... Read More
If you're like most people, you probably own at least... Read More
Ever wondered what is Credit Counselling? There are occasions when... Read More
Your credit history is an important aspect of your life.... Read More
By far the greatest invention the banks have ever come... Read More
Credit cards have migrated from being hip or convenience product... Read More
Collection agencies are businesses that collect past-due bills and accounts... Read More
As of Thursday, December 1, 2004, one-third of Americans will... Read More
HarassmentHarassment of people in debt by creditors or their agents... Read More
Credit and charge card fraud costs cardholders and issuers hundreds... Read More
Getting your first credit card is a big deal and... Read More
Creditors will measure your credit rating based on the following... Read More
What you might not know about credit.Some people don't know... Read More
"Menis - the author translates as "indignant rage" - It... Read More
One of the great mysteries of life is how the... Read More
Credit repair, is in a word, vital to reestablishing your... Read More
Have your read your credit card contract through completely? Do... Read More
Having credit education is like knowing how to read. It... Read More
With interest rates rising, low or zero percent credit cards... Read More
If you've ever applied for a credit card or loan,... Read More
Finance is a big word for some of us. It's... Read More
If you want to enjoy your life out of spending,... Read More
Once you've been paying off a credit card for a... Read More
In addition to the APR (annual percentage rate) and the... Read More
If you want a cash advance or a payday/paycheck loan,... Read More
If you have never heard of a FICO score before,... Read More
When I received my first credit card in the mail... Read More
A check can be considered bad if it is bogus... Read More
Even if you think you have a wonderful credit report,... Read More
Check 21 is the common name for the Check Clearing... Read More
1. Deleting Errors in 48 HoursThis is the absolute fastest... Read More
What is a balance transfer?A balance transfer can be explained... Read More
Until recently lawyers for victims of credit damage had little... Read More
The Fair and Accurate Credit Transactions Act, signed into law... Read More
Review Your Credit Score.Nearly every bank, credit union, and mortgage... Read More
They arrive in your mail - a conspicuous looking mail... Read More
Credit card consolidation is a popular solution for those with... Read More
This summary of the Fair Credit Reporting Act will explain... Read More
Q: I'm opening a gift shop and want to be... Read More
Many employers are now looking at an applicant's credit report... Read More
Have you ever really looked at your credit card and... Read More
If gold medals were awarded for marketing consistency, the credit... Read More
Credit |