Have you been victimized by the Credit Reporting System and its misuse?
Do any of these sound familiar?
- You keep getting rejected for loans.
- You apply for loans on-line, and nobody ever responds.
- You read about low interest rates - but not for you.
- Your car or home insurance premium increased for no reason.
This concerns the Credit Bureaus' sloppy or improper collection and interpretation of your personal information. Those companies believe that if most information is correct most of the time, everything is fine: but that does not help you if YOUR information is wrong.
Follow the steps below to take charge of your credit history and FUTURE.
Step 1: Know your FICO score
You can request your Credit Score - instantly online!. At that site you will have an option of joining their credit monitoring service, but you can call the toll-free number posted on their site and quit before they ever charge you. This is the best way to get your report and score for free.
Step 2: Change your FICO score
Your next task is to raise the score. If you want to buy a manufactured home, your target should be at least 640. You have four options. I list them with the best options last:
- Change your identity. Illegal; don't do it. I only mention it here because over the years I have seen many plans that claim instant "perfect" credit. They all boil down to misrepresenting who is actually applying for credit. These plans are often felony fraud.
- Wait until your score gets better. The preferred plan of the Credit Bureaus; you sit passively for years while mysterious forces continue to operate. Keep in mind, by years I mean LOTS of years - and not much improvement. In my case, using a Credit Bureau web site I discovered that if I did everything perfectly (by their logic), in three years my score would improve about 25 points. If that sounds good, no need to read further.
- Challenge your FICO Score yourself. For just a few problems, and lots of time, you might try this yourself. If you go this route you will need a book or two. Here are a couple for about $10 each from Buy.com
Repair Your Own Credit
Repair Your Credit and Knock Out Your Debt
- Get help from a lawyer.Challenging your credit report is a legal matter. You can expect the best outcome in the shortest period of time with legal representation. Through the Internet you can get exceptional help from the Lexington Law Firm Check out theses features:
- More than 500,000 items deleted from credit reports last year alone.
- Deleted items include Judgments, Tax Liens, Charge Offs, Collections, Late Payments, Bankruptcies, Foreclosures, Repossessions and more.
- An average of ten items deleted per client in the first 90 days.
- Full Refund Policy
- Member of the Better Business Bureau
I could go on, but my research revealed one clear choice: Lexington Law Firm
Even if you do not plan on using their services, check out their "Credit Insider" tab. They have about 20 pages of material in four categories covering credit bureaus, reports, and repair; well written and worth reading.
Step 3: Keep your (New) FICO Score
The new freedom of an improved credit score will not help if it gets destroyed by a new round of negative entries. If you have more than $5,000 in unsecured loans, you can Click here for a debt consolidation calculator. You do not need to enter any personal information for their estimate of your monthly savings.
Here is a different non-profit company to help with credit management: