Avoid Credit Repair Scams – How to Avoid Credit Repair Frauds

Credit repair programs were introduced by the federal government to help people regain their financial strength and improve the economy of the nation. The Fair Credit Reporting Act, as part of the financial regulatory reform act, guarantees all Americans the right to obtain free copies of their credit records. These records include your credit report and score, which are most crucial to making important financial decisions. Credit repair programs allow consumers to improve their credit history and rectify mistakes and erroneous information on their credit reports.

It is not difficult to get a copy of your credit score, if you know how to find it and what to do when you get it. There are many ways to get the reports, but most people go online to do it, as this is the best way to access it for free. However, when you do access it for free online, you will be presented with three report cards that look similar. When you select the first two that look similar, your browser may give you the wrong report card, because it is not the legitimate one strongCreditrepair.com. This is why it is important to know how to access the free credit repair tools, to get the real thing, and avoid being scammed.

After you have found the genuine one, you may require to dispute some incorrect information or other negative marks on your reports. You may need to write letters to the credit bureau, dispute the mark that you want removed, or dispute it with the creditor that you owe money to. It should be noted that disputing items that have been marked as paid off or closed will not increase the credit score and will not improve your credit standing in anyway. Credit repair lawyers can also be contacted to assist you in your task of disputing the bad mark. They will be able to advice you on whether or not you can legally proceed with the dispute.

If the negative information is wrong, you have the option of correcting it yourself. Credit repair lawyers can be contacted to help you in your task if you are unsure of how to do this. There are laws in place to help people get their credit rating back to an accurate level after they have been negatively affected. To begin, simply contact the bureau with the inaccurate data and request them to proofread it.

If the negative items are valid, but not enough to raise the alarm, you will then have the option of either paying the creditor to have it deleted or initiate a dispute process. This process is much like the dispute process used when you receive a credit report with inaccurate details. It is important to provide the creditor with as much information as possible to substantiate your claim that the information is incorrect. In many cases, if the credit bureau is unable to prove the information is incorrect, the item will be deleted from your report.

Finally, if all else fails and your credit score scams you, there are a number of legal protections that protect you. The Fair Credit Reporting Act gives you the right to a free credit report annually from any of the three major credit bureaus (Equifax, Transunion, and Experian). You can also file a legal complaint with the Federal Trade Commission for inaccurate and unfair treatment. If other consumers have used the same tactics on you as you are using to remedy your negative situation, you may also have a case. Credit repair is never worth it unless there is severe damage to your financial future.

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