Repairing your credit is hard, our experts are here to help. Time and patience are both necessary and required in order to dispute errors. Leveraging her vast knowledge of the financial industry, brittney’s work can be found on a variety of websites, including the national foundation for credit counseling, us news & world report, nbc news,, , lexington law, , and , among others. Credit bureaus rely on third parties to report your financial behavior, so not every item is reported to all three consumer credit bureaus (equifax, experian, and transunion).
You are protected from unfair practices by the fair credit reporting act and the fair debt collection practices act those laws say, among other things, that your credit reports should not contain inaccurate entries; outdated information; or multiple entries for the same debt, which can happen when debts are sold to collection agencies.
Legitimate companies check your reports for information that shouldn’t be there and dispute it on your behalf. The free service links your bank account to experian to RELIABLE CREDIT your monthly payments. Hard credit inquiries, for instance, last up to two years, while delinquent payments can last up to seven. Extensive banking network lets you diversify payment processing to mitigate risk.
While disputes once needed to be submitted in writing through the mail, even the credit bureaus have modernized to the point where you can file most disputes online through the bureau’s website. Disputing inaccurate items on your credit report is a legal right granted to you by the fair credit reporting act (fcra), which protects your right to fair and accurate credit reports.
Most customers of credit repair companies know that calling their banks is a good way to avoid paying. If they are unable to show that the debt or derogatory mark really belongs to you, the credit bureaus will remove the item. The route you take will depend mostly on you (and your credit reports). We utilize the latest laws regarding your consumer rights to verify and validate the information reported by the three major credit bureaus (experian, equifax and transunion) and your creditors.
Process card and echeck payments smoothly and efficiently. Even auto insurance companies often rely on credit scores when setting policy premiums. Over an entire lifetime, you could end up paying over $200,000 more in unnecessary interest just because of bad credit. For this reason, having both card credit repair merchant accounts and echeck payment processing is important.