In Time To Complaints?
Q: I wrote a while ago asking for help and advice on credit repair. I didn't get any responses so I'm asking one more time. Can this be done legally? Has anyone in this group had any experience in having negative items deleted from their credit report due to the credit report agencys not responding in time to complaints? Any response I get to this post would be greatly appreciated
A: Credit repair by having bad reports removed usually only works *if* the bad reports are in error. Trying to remove negative reports by hoping that the reporting entities won't respond in time is only asking for more trouble. The best way to repair a bad credit history is to rebuild it by using good credit practices. If you have an honest problem with negative reports, by all means go through the steps to have them removed. But expect any attempts to *fool* the system to be met with more negative responses, only making the problem worse. -There have been several responses which warned you of the common credit repair scams that CLAIM, quite incorrectly, that you can have true information removed permanently simply because the creditor didn't respond in time to a challenge. BTW the credit reporting agency merely reports on the information provided by creditors. If you challenge an item, the agency is supposed to ask for confirmation and if it is not received, the agency is supposed to remove the item. This is the concept on which many of the common "credit repair" scams are based. Unfortunately when the original creditor DOES get around to responding back to the reporting agency, the bad entry goes right back on your report. Put yourself in the place of a potential lender. If you see a credit report with items popping in and out like this, would you get a warm fuzzy feeling that the person is genuinely trying to rebuild their credit or would you get the impression they still didn't understand the entire issue and were merely trying to pull a fast one. -Check my web site indicated below. You'll find the Electronic Credit Repair kit linked to my credit page. -You probably get an answer to your posting because your E-mail address is not identified anywhere in your posting. The address on the from line of your posting is incomplete and you didn't even bother to include it in the form of a signature file so sending E-mail to you is impossible. You can't legally have your credit record