CREDIT REPAIR IS VERY EXPENSIVE

A reasonable assumption, but not true. All you need to start is your credit reports, a computer, right dispute letters and a printer. You may want to consider how much bad credit can cost you. Some studies and figures indicate the monthly amount that can be saved is in excess of $500. Still think you don’t have enough money?
You don’t need to pay hundreds or thousands to shady Credit Repair companies to send exact dispute letter on your behalf to credit bureaus when you can do it yourself from the comfort of your home at a fraction of the cost.

CREDIT REPAIR IS NOT LEGAL.

From a simply constitutional perspective, every consumer have a fundamental right to defend him/her when accused of anything. A Credit Report is basically a way of accusing you of being a bad credit risk and therefore worthy of paying high interest rates. Until consumers understand that it’s their right to fight back, creditors and their inaccurate credit reports will continue to charge unfair high interest rates, deny your ability to own a home and quite possibly stop you from getting that dream job you have waited so long to get.

THERE IS NOT ENOUGH TIME TO REPAIR CREDIT
And yet, you find the time to do the things that you want to do, right? I get it. Repairing credit probably isn’t at the top of anyone’s list of “Awesome Stuff That I Like To Do”, but it is important nonetheless. It doesn’t have to be a long, drawn-out ordeal. Schedule a little time each week, and it can actually save you time in the long run. Just imagine how easy your monthly bill-paying session would be if you had good credit and weren’t trying to figure minimum payments and late fees. This powerful credit report software speeds up automates the fast credit repair process for you and it guides you every step of the way in sending the exact dispute letters and getting your score corrected.

CREDIT REPORTS ARE SIMPLE AND ACCURATE.
Maybe, a long time ago; our Credit Reports were designed to be simple and accurate. But, unfortunately, with the growling reliance upon Credit Reports, the demand for this information has made the business quite sophisticated and rather impersonal.According to recent reports as many as 79% of consumer credit files contain errors and inaccurate items. Inaccuracies, especially ones that are harmful to your credit scores, can lead to higher interest rates on loans and credit cards or denials for new credit.Understand an individual’s Credit Report is complex and time consuming. The other concern is that it’s open to interpretation. Automation or online correction may one day prove to save the day; however, technology hasn’t quite produced a simple and automatic way to render an accurate and consistent analysis of a consumer’s credit history.You need to dispute the report and get it repaired.

A PERSONAL EXPLANATION HELPS IMPROVE REPAIR OUR CREDIT REPORT
Maybe there was a time when an actual person would read a statement on our Credit Report and possibly consider that statement into their interpretation of our Credit History.Most statements are never read by potential creditors for they are only concerned about one’s actual Credit Score. They don’t care if you lost your job. You have admitted to be a greater credit risk and you are not one to take responsibility should a crisis occur. You show that you’re not one to save an adequate emergency fund and if something goes wrong; you are a bad credit risk.

I SHOULD JUST FILE BANKRUPTCY.
As far as Bankruptcy goes, while it may appear to be a viable option and one that is becoming more and more popular, most people don’t understand how destructive this can be to one’s financial future.

CREDIT REPAIR IS DIFFICULT AND SOMETHING I CAN’T DO MYSELF.
Do you honestly think that having bad credit is any easier? And it may not be as hard as you think. At least give it a try, what can it hurt?
Many of you believe you can’t be successful on your own, unfortunately it’s just not the case. Actually filing a dispute on your Credit Report can be easy. The real question is, why would you pay thousands of dollars to attorneys or credit repair companies to send exact same dispute letters, when you can do it yourself for a small fee.

I NEED AN ATTORNEY OR CREDIT CONSOLIDATOR TO REPAIR MY CREDIT.
For Attorneys, Credit Repair is simply a new industry to promote their services. And because they are attorneys, they feel justified in charging higher fees. The truth is, all they do is mail out a series of letters on your behalf to all the Credit Bureaus and charge you hundreds and even thousands for just sending letters. Because they are charging you monthly, there is no incentive for them to accelerate the process. In fact, it would penalize them, for they’d lose a paying customer as soon as they achieved certain results. You also must keep forwarding your Credit Reports and it could take up a lot of your personal time as well.Credit Consolidators, on the other hand, can be really helpful in assisting you to get out of debt by negotiating lower interest rates, consolidating payments into one monthly bill and even removing late fee penalties. However, these companies charge a fee for their service as well and they will do very little with regards to repairing your Credit Report. Also worth mentioning, the fact that you have used a Credit Consolidator, or failed to complete their program can also be noted as a negative item on your Credit Report.

THE BEST WAY TO REMOVE NEGATIVE ITEMS IS TO JUST PAY YOUR DEBT.
Just because you pay your debt, doesn’t always mean that the late payment history will be removed from your Credit Report. In fact, negative credit is allowed to stay on the Credit Report for a maximum of seven years, with the exception of a Bankruptcy which may remain on the Credit Report for ten years.
By paying an old debt, all you will change is the account status which will go from “delinquent” to “paid, but late”- which will still stand out as a very negative item on your Credit Report.

 IT TAKES 7 YEARS TO REMOVE CREDIT ITEMS OR SOME NEGATIVE ITEMS CAN NEVER BE REMOVED FROM A CREDIT REPORT.
According to Fair Credit Reporting Act you can dispute any information on your Credit Reports that you believe is inaccurate, incomplete, unverifiable or outdated.If the credit bureau or the creditor is unable, unwilling or unavailable to verify that a credit item is accurate and timely, it must be removed from your credit report.However If you feel a negative credit item is 100% accurate and timely, you do not have the grounds to question this item with bureaus. Only the passage of time can assure bureau removal.