Michael G. Harris asked:




Many people today are saying, “Fix my credit!” They want quick solutions to repair their credit score. Getting rid of bad credit can seem like one of the toughest things on the planet. However, if you can repair your credit rating, then you can get more out of life and be treated with the respect that you deserve. Read on and discover 3 steps to repair your credit score.

First, it’s important to obtain a copy of your credit report. Go to AnnualCreditReport.com and you’ll receive a free copy of all 3 reports. You are entitled to receive one free copy each year from the major credit reporting agencies of Equifax, TransUnion, and Experian. Then, look for mistakes on your report.

Second, report any mistakes to the consumer reporting company by writing a letter of dispute. Tell them, in writing, what information you think is inaccurate. Include copies, but not originals, of any documents that back up your position. In addition, be sure to provide your complete name and address and each item in your report you dispute. State the facts and the reasons you dispute the information, and ask that it be removed or corrected.

Third, enclose a copy of your report, and circle the items in question. Send your letter by certified mail, “return receipt requested,” so you can document that the consumer reporting company received it. Keep copies of your dispute letter and enclosures.

Credit reporting companies must investigate the items you question within 30 days. They also must send all the important information that you provide about the error to the organization that provided the information. After the information provider receives notice of a dispute from the consumer reporting company, it is required to investigate, review the important information, and report the results back to the credit reporting agency.

By taking a few action steps, you can repair your credit score. Remember that credit won’t fix itself. It does require you to take action to get the results that you deserve.

Lewis

Bubbles asked:


My husband’s credit is a mess- I have managed to pay off all his bills. I have a large credit card we are settling and then a small medical bill- then what? How can I improve his credit score? I don’t really want him to have another credit card- he has one that’s connect to mine because he bad about adding things up…. like he keeps charging until he maxes out the card. Granted- he is charging building supplies to our new house- but he can’t budget. So he is a lot more careful with me drilling him ever week about what is on the card- he now tells me before each charge and I tell him the balance for the week. I have to tell him- no wait until next month or next pay check for that purchase.

How else can I get his credit up? House is in my name- cars are paid off……
I went through an agency to get them to lower the amount and we are paying it in one lump sum.
I use my credit cards to build up rewards- last year I paid $0 on Christmas gifts because I earned over $700 in gift cards from discover. I have 0 balance every month and do not carry over- I pay it once a week.
Don’t tell me to use cash- I love my discover card.
My credit is fine- Just HIS credit.

Travis