Credit Repair Concepts

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Credit Repair Ideas For Real Working People

This lens is honestly the result of seething personal indignation. When I married my wife, she had to - tearfully - tell me that her first husband had ruined her credit. There was nothing she could do it seems to clear her credit score. Here's what I found about dealing with the credit bureaus who enrich themselves through misinformation. In fact, 7 out of 10 credit scores contain errors! Hopefully it will help YOU fight back too!

Credit Report Repair 101 

Sadly, the reason the three credit bureau system keeps getting away with their monkey business is that it's very BORING to people who actually want to get on with their lives.

So be brave - "gird up the loins of your mind" as they say. This will take some concentration. But the pay off - in the form of a better credit report score that saves you money is worth the short term headache.

The first thing to do is to learn the FACTS and your LEGAL RIGHTS. Honestly the stuff these credit bureaus get away with is simply amazing. It's because most of us just sit by passively!
Understanding Your Credit Score
Here's a nontechnical discussion about your credit score to help you begin to understand it so you know why it's important to repair bad credit.

What most people don't understand is that bad credit has a cascading wave effect... higher interest rates, higher insurance rates, and less job advancement potential. Together, these problems can really hurt you long term.
Can Bad Credit Information - Even Bankruptcies Be Deleted?
Can Bad Credit Be Deleted?

Be careful who gives you that answer about your credit repair questions. In this case, I suggest you can believe this answer because it's given by qualified attorneys who specialize full time in credit repair and charge extremely reasonable fees.

These are about the only attorneys I like... most of those goons are out there charging $150 to $500 per hour. These are finally some that price their services so that a working person can afford help.
Credit Repair: The Law Is On Your Side!
When it comes to credit repair the law IS on YOUR side for a change! The problem is that most people do not understand the law and think they cannot use the law to protect themselves from impersonal and often greedy corporations. If that's how you feel, you'll probably get pretty excited that even bankruptcies can be taken off a credit report if you know what you're doing...
Making Sense Of The Fair Credit Reporting Act
Here's more on how the credit repair law is on your side. That law is the Fair Credit Reporting Act.

It is a Federal Law governing the credit scores of every consumer in the United States of America. But like most laws, you need to really take a good look at it to make sense in "plain English".
Credit Repair & Identity Theft
A comprehensive credit repair strategy nowadays must include tools to protect you against Identity Theft! The sad fact is that you could never make one late payment and have an identity thief ruin your credit score for years to come - and you might not find out until you went to buy a new home or a great new car!
Federal Trade Commission On Self Help Credit Repair
This is from the Federal Trade Commission. It's called Credit Repair: Self Help May Be Best.

Basically it's aimed at keeping you away from the credit repair crooks who want to have you pay $500, $1500, etc UP FRONT to "clean your credit". You should never do that. Honest attorney based credit repair firms only charge a monthly fee for work done and a small set up fee NOT hundreds or thousands of dollars.

In my personal life trying to work two, three jobs to keep things going I don't have time for the self help stuff on credit repair any more than I have time to do my own taxes even though they're supposed to be "do it yourself" too! Yeah right! I don't want the IRS bugging me and I don't want to get blown off by the credit bureaus either.

And If You're REALLY Dying To Know More...Check Out 

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Hey, do you really think big credit card companies stay in business by offering 0 APR credit cards that STAY 0 APR credit cards? Ummm.... No. (Did you really have to think that long about it?) Stay with me and I'll tell you the ins and outs of 0 APR Cr...

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Credit Repair Blog Posts 

I try to keep track of the news about credit repair and how it affects consumers. Here are some blog entries I make from time to time. Excuse the venting. It's therapeutic I've got to admit!

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Here's the only stuff I've found that really works at a price working people can affford. 

If you've got the time, tenacity, and smarts to do the credit repair process yourself, more power to you. If not, you might want to check these out.

In the identity theft age where a stolen corporate or government laptop means your finances could go down the drain, some form of identity theft protection teamed with a financial protection is pretty much something we'll have to hire out.
Attorneys Specializing In Credit Report Repair
You may want to click through to obtain a toll free number so you can have a personal conversation with a trained credit repair paralegal. Be sure to reference the identification number displayed to get the proper help. It identifies the subject of your call to this legal hotline.

Or you can just download their free guide about credit repair - it's worth reading. You can also download a free guide to understanding your credit score.
Concerned About Identity Theft?
The worst thing about identity theft is that with the three credit bureaus you are guilty until proven innocent (and then still maybe considered guilty). Identity theft can really mess you up unless you have a system in place to monitor your identity and protect you financially. Lifelock is the best there is from what I can tell.
Keep Your Credit Score Good!
Once you've got your credit score in an acceptable range, keep it there using these simple tools to manage your finances! Yeah, I stink at budgeting too but I'm trying.
Free Annual Three Credit Bureau Reports
By law you have a right to receive the three credit bureau reports that are affecting your life and finances annually. Here's where you get that without having to sign up to just get the reports.

Credit Repair Help For CANADIANS! 


Credit Miracle for Canadians: How to Build, Repair, and Improve Your Credit, Get out of Debt, Make Banks Beg to Lend You Money, and Protect Youself from Identity Theft!



Credit repair is different for Canadians. Why?

Different governments, slightly different laws.

Here's some more about the book

Douglas U. Idugboe is a speaker, consultant and coach, real estate investor, and chairman of the board for Clonewave Corp. He strongly believes above all things, God first, family second, and then everything else. He is greatly committed to the financial and spiritual wellbeing of Canadians and life in general.

Douglas Idugboe has done an excellent job of simplifying many seemingly complex and mythical aspect of credit and debt balancing. He presents extremely helpful techniques for dealing with debt, collectors, and agencies. His strategies are factual and easy to follow, and will go a long way in helping readers deal with everyday financial and credit hassles. This is a must-read for all families who are unsure as to how to deal with contemporary credit world. --Rose Joshua, Ph. D., Author of Single Mother of Five, and Program Director, Knowledge Sky International.

What Product Do You Like Best? 

What's your Credit Repair Horror Story? (Or just Say Hello!) 

Lensmaster

Mikep30dc wrote...

Credit Report Letter blog

ReplyPosted August 30, 2008

Lensmaster

Mikep30dc wrote...

It's amazing how having a low credit score really will impact your life in so many ways. Improving this score is essential. If you keep an eye on it regularly it is much more manageable. If you get the chance check out my Credit Report Letter blog.

ReplyPosted August 30, 2008

Lensmaster

Mikep30dc wrote...

You've got some really valuable tips on credit repair. Thanks for the info and Great Lens!! You're right about the amount of errors on reports. 7 out of 10 sounds about right.

ReplyPosted August 30, 2008

Lensmaster

PMarkov wrote...

Hi,

I have found out your article very valuable. Recently I requested my annual credit report for the first time - it amazing how many errors was in it. I felt so nerve. I did not know anything about credit history and credit score repair%u2026 A friend of mine suggested me to hire an expert to repair my score.

I did some Google search and research and have found many useful articles how to get my free credit report online and how to repair credit score. There are many credit monitoring services too.

I highly recommend to everyone to check his credit report regularity - keep in up-to-date and error free!

ReplyPosted May 15, 2008