How Do I Quickly Fix Bad Credit? 2 Simple Steps to Improving Your Credit Score Fast
Ian Hollander asked:
Let’s take a quick look at one of the most POPULAR questions being asked in 2008 amongst people of ALL financial types and stripes: “how to I fix bad credit FAST…?” The simple truth is, with the financial markets in a slide, the housing and mortgage crisis showing NO sign of letting up, there appears to be NO shortage of people struggling with credit problems, does there? Continue reading as we lay out a quick and easy explanation to those who are struggling with first time credit questions…and crisis! Read on..:-)
What Can I do About MY bad Credit?
You can do the very same thing people have been doing for YEARS! Challenge the information that is bringing your score down. If your credit problems are VERY recent (within the last 3-6 months) your best best is to wait a little bit longer before you start the credit repair process. (depending of course on your situation and immediate needs) But if you have multiple negative items on your report, and they date back 6 months or more, the best time to start is right now!
What is the Process of Credit Repair Like?
Simple! You look at your report. You check it for 100% accuracy. Things that are NOT accurate, are disputed. This means balances, dates of last payment, names, addresses, date of delinquency, etc – EVERYTHING that is derogatory, and is not 100% correct is challenged. Of course you need a game plan, and a bit of strategic wisdom ( you don’t just challenge EVERYTHING at once if you’ve got a mess for a credit score..:-) but overall, this is the foundation of credit repair as it’s currently practiced. (and is laid out by the FCRA and all of it’s amendments and interpretations)
Ronnie
Let’s take a quick look at one of the most POPULAR questions being asked in 2008 amongst people of ALL financial types and stripes: “how to I fix bad credit FAST…?” The simple truth is, with the financial markets in a slide, the housing and mortgage crisis showing NO sign of letting up, there appears to be NO shortage of people struggling with credit problems, does there? Continue reading as we lay out a quick and easy explanation to those who are struggling with first time credit questions…and crisis! Read on..:-)
What Can I do About MY bad Credit?
You can do the very same thing people have been doing for YEARS! Challenge the information that is bringing your score down. If your credit problems are VERY recent (within the last 3-6 months) your best best is to wait a little bit longer before you start the credit repair process. (depending of course on your situation and immediate needs) But if you have multiple negative items on your report, and they date back 6 months or more, the best time to start is right now!
What is the Process of Credit Repair Like?
Simple! You look at your report. You check it for 100% accuracy. Things that are NOT accurate, are disputed. This means balances, dates of last payment, names, addresses, date of delinquency, etc – EVERYTHING that is derogatory, and is not 100% correct is challenged. Of course you need a game plan, and a bit of strategic wisdom ( you don’t just challenge EVERYTHING at once if you’ve got a mess for a credit score..:-) but overall, this is the foundation of credit repair as it’s currently practiced. (and is laid out by the FCRA and all of it’s amendments and interpretations)
Ronnie
