logo
g Text Version
Beauty & Self
Books & Music
Career
Computers
Education
Family
Food & Wine
Health & Fitness
Hobbies & Crafts
Home & Garden
Money
News & Politics
Relationships
Religion & Spirituality
Sports
Travel & Culture
TV & Movies

dailyclick
Bored? Games!
Nutrition
Postcards
Take a Quiz
Rate My Photo

new
European Travel
Action Movies
Bible Basics
Houseplants
Romance Movies
Creativity
Family Travel


dailyclick
All times in EST

Clairvoyance: 08:00 PM

Full Schedule
g
g Home Ownership Site

BellaOnline's Home Ownership Editor

g

How To Repair Your Credit Report for Free

Guest Author - Rose Mary

Do you know what your credit report looks like? Are you depending on a lender to clean it up? Are you planning on paying for credit repair? Don't make these mistakes. You can do it yourself.

In today's wonder world of credit, it is inevitable that each and every one of us will experience an error on our credit report. It can be in the name, address, employment data or in the credit history itself. When applying for a mortgage, these issues can come up and create an enormous amount of questions being asked to the customer. Explanations and documentation to the lender is the usual course of action. The lender will then submit these to their credit reporting company for correction. Is this the right course of action? Absolutely NOT!

What people don't realize is that when a lender proceeds to have a credit report corrected, the correction is verified and only valid for approximately 90 days. The credit report will then return to its original form, errors and all. Just when you think it is all cleaned up, it comes right back.

What can you do? The simple answer to this is that you must do it yourself. Doing this in advance of applying for a mortgage or any other type of credit lending will make the process proceed much smoother.

-First, obtain a free credit report from www.annualcreditreport.com. You should request a credit report from each of the 3 credit bureaus, TransUnion, Equifax and Experian, since each one can have different information recorded.

-Check the name, spelling, address, previous addresses, previous names, employment data, date of birth, and social security number to make sure that this information is correct.

-Then go through each of the credit trade lines and make sure that the information is correct and up to date. Account number, open date, payment amount, payment history and balance is all vital information and should be corrected if it is found to be wrong.

-Make note of any closed accounts still appearing, duplicate accounts, derogatory statements, judgments and liens that have been satisfied and bankruptcies that have cleared. Many times, accounts charged off or cleared in bankruptcy will still appear to be active.

-Compile a list of all errors that have been found and gather any documentation you have to confirm that there is an error.

-Dispute each error with each of the credit companies directly over the internet. The companies have 30 days to investigate and respond. If necessary, they will request documentation to be faxed or mailed.

Following these steps will clean up your credit report permanently. It does not cost anything to do this. There is absolutely no need to pay someone to repair your credit.


This site needs an editor - click to learn more!

Add How+To+Repair+Your+Credit+Report+for+Free to Twitter Add How+To+Repair+Your+Credit+Report+for+Free to Facebook Add How+To+Repair+Your+Credit+Report+for+Free to MySpace Add How+To+Repair+Your+Credit+Report+for+Free to Del.icio.us Digg How+To+Repair+Your+Credit+Report+for+Free Add How+To+Repair+Your+Credit+Report+for+Free to Yahoo My Web Add How+To+Repair+Your+Credit+Report+for+Free to Google Bookmarks Add How+To+Repair+Your+Credit+Report+for+Free to Stumbleupon Add How+To+Repair+Your+Credit+Report+for+Free to Reddit




Guide to Credit Reports and Credit Scores
RSS
Related Articles
Editor's Picks Articles
Top Ten Articles
Previous Features
Site Map


For FREE email updates, subscribe to the Home Ownership Newsletter


Past Issues


print
Printer Friendly
bookmark
Bookmark
tell friend
Tell a Friend
forum
Forum
email
Email Editor


Content copyright © 2014 by Rose Mary. All rights reserved.
This content was written by Rose Mary. If you wish to use this content in any manner, you need written permission. Contact BellaOnline Administration for details.

g


g features
Homeownership is a Responsibility

Is a Refinance Right For You?

Should You Own a Home

Archives | Site Map

forum
Forum
email
Contact

Past Issues
memberscenter


vote
Poetry
Daily
Weekly
Monthly
Less than Monthly



BellaOnline on Facebook
g


| About BellaOnline | Privacy Policy | Advertising | Become an Editor |
Website copyright © 2014 Minerva WebWorks LLC. All rights reserved.


BellaOnline Editor