Credit Fixing

July 17th, 2010

Credit fixing is needed when there is an error on your Credit Report. Fixing credit reports can be fast or slow depending on what on your credit report need fixing. By fixing your credit report, you will be fixing your Credit Score at the same time.

What on credit reports can be fixed?

Some errors on your credit report can be fixed fast or immediately. Other Credit Report Errors take writing multiple letters to credit bureaus disputing them in order to fix your credit. When fixing your bad credit, first go directly to the creditors and request that they delete outdated or negative information that are inaccurate on your credit reports.

In fixing my credit report and score, should I write to credit bureaus?

Initially, you should try to fix errors in your credit report by asking creditors to do their parts. Credit bureaus gather information from creditors so they will not correct any errors unless you dispute them formally. You need to put in a formal, written request disputing items on your credit report for them to fix anything. They will take up to 30 days to investigate the claims.

Common errors that need fixing on credit reports

When noticing the following errors on your credit report affecting your credit score adversely, write a letter of dispute to credit bureaus for them to fix them.

old information needs to be deleted.
multiple accounts showing the same debts multiple times.
accounts that are not yours showing up on your credit report

Fixing credit can be done by writing to the credit bureaus. However, if after you have written to the credit bureaus and they have not done anything, you can include a 100 word statement in your credit file, telling your side of the story. Including a 100 word statement in your credit report is common in a divorce situation and credit fixing.