Should You Hire a Credit Repair Company to Fix Bad Credit?

Should You Hire a Credit Repair Company to Fix Bad Credit?

Should you hire a credit repair company to assist you improve your credit score? Before you make a decision, let us talk about the steps you can do by yourself to improve bad credit.

What You Can Do When You Have Bad Credit Check your report. All consumers are entitled to receive one totally free annual credit report coming from all the three major credit bureaus. Use this opportunity to analyze the credit report. You are able to request a free copy of one's credit report from www.annualcreditreport.com. Check the file to make sure that it doesn't consist of problems or perhaps any mistakes which may be pulling down your own score.

Dispute errors. In case you discover mistakes within your file, you have the right to challenge them through sending a credit dispute letter to the bureau which released your report. Upon receiving your letter, the particular bureau will conduct a study on the matter.

The procedure can take as much as one month of course, if your challenge is found valid, the error will be fixed as well as the bureau will send an updated copy of your report for free. The bureau may also alert the two other credit reporting agency about the improvements made. By taking this step, you can significantly enhance your credit score in that short span of time.

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