challenging the reporting agencies:
- How to obtain your annual credit reports
- Reviewing your reports
- Choosing items to dispute
- Deciding on a dispute method
- Following up and keeping track
- Dealing with collections
Now, in fairness to you, you have the basic knowledge
necessary to start fixing your credit. Yes, there are
a zillion little details that may improve the speed
and effectiveness of your efforts, but basically you
can get started now.
necessary to start fixing your credit. Yes, there are
a zillion little details that may improve the speed
and effectiveness of your efforts, but basically you
can get started now.
If you are inclined to learn by trial and error go
ahead and send out your dispute letters today. You
may be the kind of person who enjoys learning by doing
and the necessary information is available at your
fingertips.
ahead and send out your dispute letters today. You
may be the kind of person who enjoys learning by doing
and the necessary information is available at your
fingertips.
Sometimes we all can lose sight of our reasons for under-
taking a challenging project. Here are a few reminders
of the benefits you gain by taking control of your
credit & debt:
taking a challenging project. Here are a few reminders
of the benefits you gain by taking control of your
credit & debt:
- Improved self-esteem
- Maximize your cash leveraging ability
- Have lenders offering you multiple loan options
- Have lenders offering you multiple loan options
- Slash thousands off of your borrowing costs
- Enhance employability during pre-employment checks
- Reduced insurance premium costs
- Increased investment income opportunities
- Financial flexibility to do the things you want
- Increased investment income opportunities
- Financial flexibility to do the things you want
- Enhanced self-confidence
You may have seen a number of tips and informative ideas
regarding credit and debt. Although a lot of the inform-
ation available is consistent, sometimes you'll find dif-
ferences of opinion as to planning, methods and ethics.
regarding credit and debt. Although a lot of the inform-
ation available is consistent, sometimes you'll find dif-
ferences of opinion as to planning, methods and ethics.
For example, some advisors may call on you to cut up your
credit cards and close the accounts. While this may be a
useful tactic to prevent overspending, it can reduce your
scores dramatically if done without understanding the ef-
fects on scoring models.
credit cards and close the accounts. While this may be a
useful tactic to prevent overspending, it can reduce your
scores dramatically if done without understanding the ef-
fects on scoring models.
Others may suggest that it is wrong (morally) to dispute
any reported item that you know to have some truth to it.
They may even suggest that you 'can't' dispute an accurate
item.
any reported item that you know to have some truth to it.
They may even suggest that you 'can't' dispute an accurate
item.
Well, the truth is that you can dispute any item on your
report as long as you can present a legitimate reason to
demand that the reported item be verified. Every day
people's scores are improving because they have disputed
and had removed reported items that were totally accurate.
report as long as you can present a legitimate reason to
demand that the reported item be verified. Every day
people's scores are improving because they have disputed
and had removed reported items that were totally accurate.
I leave the moral and ethical issues for you to decide.
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