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5 easy steps to Credit repairs

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					Title:
5 easy steps to Credit repairs


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509


Summary:
There is an unfortunate stroke of luck and you have engrossed yourself neck-deep in bad credit. Credit
repair seems to be the need of the hour. You need a dolphin-jump to free yourself from the shackles of
bankruptcy and you are out of ideas



Keywords:
Credit repair,Bad credit,Bankruptcy



Article Body:
There is an unfortunate stroke of luck and you have engrossed yourself neck-deep in bad credit. Credit
repair seems to be the need of the hour. You need a dolphin-jump to free yourself from the shackles of
bankruptcy and you are out of ideas. You are loaded with bank notices and warnings. How do you handle
this stressful bad credit? You are just a layman and bankruptcy can dig up nightmares for you. This is really
getting on your nerves. Well, the very sensation seems stinky. It feels miserable if you are glued with bad
credit and you need a quick guide to credit repair.


A few handy tips, well imbibed can raise your eyebrows and get you exercising your jaw. These can give
you a reason to smile and can set you back on your track. But self help may be the best help. You don’t need
to be depressed. Bad credit can be repaired through a few systematic steps and make you credit- worthy in
some time.


5 step guide to credit repair


1.Getting your credit reports
There are three chief credit government departments that regulate these credit functions. TransUnion,
Experian and Equifax. You need to research up and get to know their opinions about your case in specific.
There is every chance of diverse viewpoints amongst all three. Those in bankruptcy hunting for credit repair
need to report to only one particular bureau to whom they subscribe. Thus people with bad credit don’t need
to report to all three. You can get reports from all three for $9 each and can get them free if you have been
denied insurance, employment or credit due to bad credit. You can obtain them in 60 days after your
rejection. The most considerable report can be considered by you as an option.


2. Examine the reports
Once you obtain the reports check them in every nook and corner for any kind of mistakes. The reports may
be erroneous as these bureaus do not cross check the information provided by the credit companies to them.
Be sure to look for any obsolete information and erroneous account records. Be painstaking enough while
organizing and preparing points of dispute. If there are any false points there you can look to rectify them
through your good habits and timely billings and fight bankruptcy.
3. Dispute reporting
Report the points of dispute to the credit bureau after thoroughly preparing a list of errors and their proper
justification. Remember to keep the supporting documents, letters, identity proofs, address proofs and other
important documents that can get your errors rectified. You must then send them to the credit authority to
rectify the errors.


4. Dissolve bad credit and escape bankruptcy
You can use various consolidation techniques and also recommend the bank to lower your installments. You
can also take various credit cards and diversify risks.


5. Show your credit worthiness
You can approach petrol pumps, banks, companies, shops, etc that have your previous proofs of purchase
and liquidity. You can forward these to the bureau, gain their trust and repair credit.




credit disputes letters

				
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posted:12/31/2011
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