Repair Credit Score

Archive for February, 2009

Steps to follow

When you found errors on your Credit Report, it is up to you to file Credit Report error correction disputes. The followings are steps to take for Credit Report error correction. 

1. Request Credit Report. 

When you suspect that your Credit Report may contain errors, you should request your Credit Report immediately. 

2. Review Credit Report. 

Once you have your Credit Report, you should review your Credit Report and not any errors in it. 

3. Note errors in Credit Report, and compile evidence you have that proves your position. 

Since it is up to you to prove that your credit report contains erros, you should compile evidence support your claim. 

4. Send Letter Disputing Credit. 

The next step is to dispute any credit report items you found to be incorrect. Filing credit report disputes is easy nowadays. You can file a credit report dispute online, by mail, or even by email. You should not call the credit bureaus can dispute your credit report items. Your credit report dispute may get lost in the translation. 

5. Begin log of correspondence. 

6. Wait 30 days. 

7. If no response, send Second Request for Reinvestigation. 

8. Wait 30 days (or 45 days if you provide additional information). 

9. If no response, contact the FTC (Federal Trade Commission). 

10. Once the error has supposedly been corrected, request a new copy of your credit report.

While there are a few places you can go for your free Credit Report, it is more difficult to find a service that offers free online FICO Score. Below is a service called MY FICO that offers a Credit Score watch service. They are currently offering free online FICO Score for a limited period of time. Use the link below to get your free online FICO Score now. 

 

Get FICO Score Watch Now! 

 

The above picture is the online interface of how you can keep track of your Credit Score or FICO Score. You will be able to watch your Credit Score as new activities happen to your credit and new items added to your Credit Report. Only by tracking and keeping a close eye on your FICO Score, you will be able to repair your credit effectively. Using a free online FICO Score service such as this one above will help you repair your Credit Score without cutting into your budget. This free online FICO Score is a limited time service. After a certain period of time, if you do not want to continue the service for a fee, you can cancel it. At least, by the time you cancel, you will have received your free online FICO Score and can begin your Credit Repair process.

Question: Checked my Credit Score. I have excellent credit, but the Experian VantageScore has me as a B at 879? Confused

The VantageScore has a range of 501-990, but the "normal" Credit Score range is different - so what is my "normal" Credit Score?

The points that lowered my score with Experian are "balances too low" on my mortgage (<$30,000) and credit cards ($0). So, I am being penalized for not being further in debt, despite 100% on time payments!
I know 879 isn't bad, but a "B" Credit Score? B isn't as good as "879" sounds - I work hard to keep my credit excellent and am wondering why it isn't an "A" or "AA".

Answer: 879 is A
I found The best info about your Question HERE:
(VERY good loans - c.cards - Credit Repair & score; info)

http://new-loans-center.blogspot.com

Good luck!

First Things To Do When You Are Turned Down For A Loan.