If you do a search on Google, Yahoo, Bing or any other search engine using the phrase “how to fix your credit” you’ll get over 40 million results. Go ahead and try it.

If you take the time to click on all the links on the first few pages of the “how to fix your credit” search results, here’s a summary of the results you’ll get:

All the information on these credit repair websites tells you that all you need to do to fix your credit is write a dispute letter to all 3 credit bureaus… then most of these credit repair websites I have attached a sample “how to fix your credit” dispute letter for you to use as a template that reads something like this…

Dear Sir or Madam:

I am writing to dispute the following information in my credit file. The items I dispute are also enclosed in the attached copy of the credit report I received from your company.

This item (identify items in dispute by source name, such as creditors or tax court, and identify item type, such as credit account, judgment, etc.) is (inaccurate or incomplete) because (describe what is inaccurate or incomplete and why). I request that the article be removed (or request another specific change) to correct the information.

Copies of (use this award if applicable and describe any accompanying documentation such as payment records, court documents) supporting my position are attached. Please investigate this issue(s) and (remove or correct) the disputed item(s) as soon as possible.

To be honest,

Your name

Attachments: (List what you are attaching.)

Then These Credit Repair Websites Will Give You More BS Tips “How To Fix Your Credit”

They will tell you that the law requires credit reporting agencies to investigate all items you dispute within 30 days, unless they consider your dispute frivolous. Guess how often they classify your dispute as frivolous? If they don’t respond in 30 days — whoppeeeee — they have to remove the negative credit item from your credit report.

They will also tell you that the credit bureaus are also required by law to send any relevant data you provide about the disputed item to the organization that provided them with the bad credit information. After the information provider receives notice of a dispute from the credit bureau, they must investigate your dispute, review the relevant information you submitted, and report the results to the credit bureau. If the investigation reveals that the disputed information is inaccurate, the provider of the information must notify the credit bureau so they can correct it in your file.

When the investigation is complete, the credit bureau must give you the results in writing and a free copy of your credit report if the dispute results in a change of any kind. Did you notice the word “if”?

Why All “How To Fix Your Credit” Websites Are A Waste Of Time And Money!

If any of the credit repair websites that appear when you type the phrase “How to fix your credit” had any credibility, this is what they would tell you.

They will tell you what actually happens when you send your credit dispute resolution letter instead of what is supposed to happen. But they don’t.

None of these credit repair sites want you to know the truth that disputing bad credit items won’t fix your credit and neither will the credit bureaus. If you don’t know why I’ll tell you later.

This is what really happens when you spend an hour preparing your “how to fix your credit” dispute letter and go to the trouble of enclosing copies of your driver’s license and SS card to prove who you are along with any other documentation you need. think you will try. that the negative credit item on your report is invalid and should be removed.

First: Your “fixing your credit” dispute letter is sent to the credit bureau’s mailing address. Then your dispute letter, along with five or six thousand other dispute letters the credit bureau received that day, is sent by UPS to an offshore location in India, where thousands of low-paid workers with titles of “investigator” open your certified mail letter that you paid for. approximately $5 to have delivered and delivery confirmed.

The “investigator” who opens your letter has a maximum of 4 minutes to determine which 2-digit code to reduce your dispute to. That’s how it is. The letter that took an hour to write in great detail and all the attachments that took another 30 minutes to copy are not even read if they are more than 2 or 3 paragraphs. Then the investigator who is not very fluent in English has 4 minutes to scan his documentation and reduce everything to a 2-digit code.

The investigator then enters this 2-digit code into a computer application called E-Oscar. E-Oscar then sends this 2-digit code to the company that sent the negative item to the credit bureau. The supporting documentation you submitted with your dispute letter is never read, much less NEVER sent to the information provider even though it is required by law. Guess what happens next?

The “investigator” at the information provider, who also sits in front of a computer and also uses E-Oscar, also has 4 minutes to assess the dispute and reduce it to a 1-digit code that represents the letter that will be sent to you that basically it says, we have verified the item you disputed and it is valid. The code this person enters into E-Oscar also determines the letter he will receive from the credit bureau which basically tells him that the negative item he disputed was investigated and found to be valid. The credit bureau that he believes disputed his just broke the law and they do it all the time and get away with it because not enough people file a complaint with the FTC.

How do I know this is how your credit dispute letters are handled? Because I read the transcript of a court case involving a consumer who sued a credit bureau and the testimony of a witness who worked at the credit bureau gave testimony about how a dispute letter was handled. In my job, I read brief case files related to consumer credit reports and debt. That’s what I do for a living.

In doing my research, I discovered that the federal courts have ruled that credit reporting agencies (credit bureaus) must not “parrot” the information they obtain from the creditor (information provider) in response to your negative credit dispute. (See: Cushman v. TransUnion, Stevenson v. TRW (Experian), and Richardson v. Fleet, Equifax, et al). They are required by law to conduct an independent REASONABLE investigation to ensure the validity of the debt and the honesty/integrity of the creditor concerned. Does the description above sound like “reasonable research” to you?

So, to answer the question, “How to fix your credit,” the answer is that you cannot fix your credit using the information provided to you on these so-called credit repair websites. The results you get when you use search engines for anything related to “credit repair” are totally useless…because they don’t tell you the truth, that writing dispute letters doesn’t work.

You might find some weird credit repair site telling you that writing your own dispute letters is a waste of time therefore you should pay them to do it for you because they are a big law firm and credit agencies credit will pay attention to a law. signature. The results of the credit repair law firm are not much better and they are not very profitable.

Bad credit can NOT be repaired through “credit repair”, BUT there is a way to “Restore” a bad credit score into a “Good Credit Score”, regardless of whether the negative credit items you have are valid or not. That’s how it is. You read that correctly. Let me say it again.

You can force the credit bureaus to remove all negative credit items on your credit report, even if all of them are correct or valid. Credit Restoration Is Different Than Credit Repair

The reason credit repair companies don’t tell you about this is because they don’t know how to use applicable federal laws to force the credit bureaus to remove bad credit from your reports. They know there is a proprietary legal dispute system to do this, but none of the credit repair companies can use it and/or don’t want to use it.

Why? Because most credit repair companies are owned or controlled by credit bureaus or credit card companies and the last thing they want is for you to repair or restore your credit. They will even take your money and remove some of the negative credit items, but in 3-4 months or less they will all be back on.

They don’t want you to know how to fix your credit. The lower your credit score, the more money credit bureau clients make from you.

Before you get too discouraged, I have GOOD NEWS for you.

There is a way to REMOVE ALL BAD CREDIT ITEMS from all of your credit reports. Not only that, but there is a company that will do all the work for you. The credit bureaus have removed all of the negative credit items that they have been asked to remove. To date, my research has found that they have helped over 155,000 people remove over 5 MILLION negative credit items from their credit reports. This company has access to the proprietary legal dispute system mentioned above. Nobody else does. That’s how they were able to get 100% of the items they asked the credit bureaus to remove!

If you’re sick of reading all the results of your search on how to fix your credit, check out the other articles I’ve written. I think you will find the solution you are looking for.