A Guide: To Getting Your Credit Reports And To Easy Credit Repair

The first step in repairing your credit is to get your credit reports from three national credit bureaus. Experian, Equifax and Trans Union are the most popular credit bureaus where the local and regionalcredit centers get most of their information from.

At this time, annual credit report is the one source to get your free annual reports. You can also get your FICO score with all three credit reports. Their

You are entitled to get your credit reports once every year and anything that they ask you to pay, even for processing fees should be questioned closely.

It is much easier to get your credit reports FREE from the site above or you can do it by mail for whatever reason, include your full name, current address (and previous addresses if you have been at your current adress less then three years) and social security number, and proof of address (Cable,Utility, phone bills cell phone bill won’t work) and send to the following addresses:

Experian
(800) 682-7654

P.O. Box 2104

Allen, TX 75013-2104

Equifax

(800) 685- 1111

P.O. Box 105873

Atlanta, GA 30348

Trans Union

(800)888-4213

P.O. Box 390

Springfield, PA 19064-039

After you receive your credit reports.Read then very carefully.

Check for inaccuracies, items that are older then seven years and items that don’t belong to you. The older, the account is, the less affect it has on your FICO Score. In order to request adeletion, you need to get a hold of a Credit Report Dispute Form or write a letter to all three credit bureaus ask them to delete the item.

If you are having trouble disputing items on your credit reports. It’s always better to seek out a reputable Credit repair service and agency. One way to tell if the credit repair is reputable is to look for a FTC RED FLAG. This means that they are compliant with the rules and regulations of the FTC.

P.S Don’t dispute items on any of the three credit bureaus websites, because they only allow you to dispute an item once.

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If you want to erase negative credit from your report, but thought it would be too difficult…you’re not alone. Each year, thousands of people spend literally millions of dollars on credit repair services or agencies because they simply assumed it would be too difficult to do it themselves.

Yet, despite what such services and agencies would have you believe, it’s very much possible for you to repair your credit yourself - and at no great cost. In fact, you may actually be able to do better than a traditional credit repair clinic because only you have the authority to add positive credit marks to your report over time (I’ll explain this better in a minute).

Here, in a nutshell, are the 3 major steps you can take to repair your credit history yourself:

1) Obtain A Copy Of Your Credit Report

According to the law, you are entitled to one free credit report every 12 months. There are two ways that you can request one from annualcreditreport.com; either fill out and return (to Annual Credit Report Request Service, P.O. Box 105281, Atlanta, GA 30348-5281) their request form, or call them on 1-877-322-8228.

Once your request has been processed and your credit report has been mailed to you, spend some time thoroughly going through it and noting down anything that you don’t agree with. It’s far from uncommon for credit reports to include out-dated information or mistakes, and even completely false details.

2) Dispute Mistakes And Out-Dated Information

Write a simple dispute letter informing the credit bureaus of specific marks you wish to dispute. Try not to turn it into your life story - the shorter and more precise it is the better. You’ll also want to send with your letter copies of documents that support your claims. Once the credit reporting agency investigates, they will either be unable to verify and remove the negative credit mark. Or, they will verify the item.

3) Supplement Your Credit Report With Positive Information

This is where you can outshine and outperform even the most prominent credit repair services. You can add positive marks to your report over time. To build up a good recent credit history, you simply need to take out new credit cards or department store cards and pay them off in full at the end of every month. Every time you do this, you will be showing that you have changed your ways and are no longer a risk to money lenders.

I recommend finding a good credit repair program or guide and learn how you can erase negative credit from your report yourself, before deciding to hire a service blindly. It’s your credit history at stake, so take responsibility for it.

If you want to repair your credit, improve credit scores and actually build credit quickly, just go to http://www.creditbully.com for the latest strategies.

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It is not uncommon for people to find ways around building up debt. Buses and walking easily replace having a car, homes can be rented, and even health insurance can be put on the back burner, although that isn’t advisable, it can still be done. Everyday dozens of people find ways to utilize cash instead of plastic. There is one thing that a person cannot function without and that is a job.

It is important to know that the law prohibits an employer from denying employment to someone based on bankruptcy findings. However, the law does not prohibit an employer from denying an application, or even rescinding an offer, based on other credit issues. Some of these issues could be inquiries, foreclosures, or collection actions. More and more companies are using credit reports as a means of hiring, firing, and for promotional purposes. One survey that was taken by the Society for Human Resource Management showed that 35% of companies are now performing this practice.

The most common practice for employers still remains to be the background check, but studies have found that if a company is pooling resources in order to verify background, more often than not, they will go ahead and pull the credit report also. However, many employers have found that finding credit mishaps did not determine whether or not an employee was more likely to steal. The better predictor, most would say, is a full criminal background check, which would show things such as bounced checks. Employers will also use credit checks in order to make sure employment history is correct and that the Social Security numbers are valid. This is a measurement that is taken as a form of insurance for a company that is trying to hire new staff members.

Some of the best jobs are with the government. There is plenty of room for advancement and job security is usually better than with most jobs in the private sector. Governmental agencies do perform credit checks for security reasons, but don’t worry, the only time a credit report will be used as a means of denial is if the prospective employee will have direct access to cash.

There are rules that people have to follow, regardless of the position that is being applied for. For instance, an employer has to have your permission before they can run a credit check. The permission has to be obtained in writing, and any deviation from this method is against the law. Bankruptcy is not supposed to be considered a problem. Remember, they can take issue with you not paying your bills, but not if you have filed for bankruptcy. Finally, if your credit information is used against you in any way, the employer is required to tell you what the problem is.

When it comes right down to it, the best thing you can do for yourself is to stay on top of your credit. Credit affects people more and more with each passing year. During the time of our grandparents no one would have ever thought that they would be refused a job due to bad credit. Today, there are many people who lose their jobs due to bad credit and it is affecting us all in ways we never would have thought of.

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