To get a bureau credit report, you can do so from one of three federally recognized credit bureaus: Equifax, Experian, or TransUnion. Each of these bureaus will allow you to get one free report- which means if you access all of them, you can get up to three free bureau credit reports per year. Be sure to take advantage of this fact, and keep an eye not only on your finances, but on your security. If you are working towards repairing your credit, these reports will become especially important.
Oh No- What's This, A Mistake?
Correcting mistakes or questionable activity on your credit report right away is of vital importance. The more time goes by, the harder it can be to correct any inaccuracies. As well, your credit rating suffers. Not to mention being harassed by bill collectors for bills marked unpaid.
When you see a mistake, you have to make a hand-written request to challenge the information and send it to the credit bureau that sent you the bureau credit repair report. The credit bureau has 30 days to get back to you. In the meantime, they will be contacting all of your creditors to verify if what you said was true. If they cant find anything to disprove your written request, theyll change the information in your favor.
As a borrower, you also have the right to have written statements included with your credit bureau repair report. These can be included as a permanent record in your report- for future lenders to read your side of the story. For instance, if you were involved in some type of natural disaster or other significant event which affected you substantially, but had never missed a loan payment previously, they may take this into serious consideration when considering lending to you.
What a Credit Bureau Report is Not
Your credit bureau report will not unfortunately wipe away all details from your bad credit days- such as bankruptcies, repossessions and late payments. Changing such information is not legal.
A credit repair report is not a new or even a secondary file about your credit history. This information is also incredibly illegal- ranking with possession of fake I.D.'s and forged passports.
A word of warning- if you have to make changes to your bureau credit repair report, make sure those changes are actually included in your report. The most effective way to do so is to order another report. - 15465
Oh No- What's This, A Mistake?
Correcting mistakes or questionable activity on your credit report right away is of vital importance. The more time goes by, the harder it can be to correct any inaccuracies. As well, your credit rating suffers. Not to mention being harassed by bill collectors for bills marked unpaid.
When you see a mistake, you have to make a hand-written request to challenge the information and send it to the credit bureau that sent you the bureau credit repair report. The credit bureau has 30 days to get back to you. In the meantime, they will be contacting all of your creditors to verify if what you said was true. If they cant find anything to disprove your written request, theyll change the information in your favor.
As a borrower, you also have the right to have written statements included with your credit bureau repair report. These can be included as a permanent record in your report- for future lenders to read your side of the story. For instance, if you were involved in some type of natural disaster or other significant event which affected you substantially, but had never missed a loan payment previously, they may take this into serious consideration when considering lending to you.
What a Credit Bureau Report is Not
Your credit bureau report will not unfortunately wipe away all details from your bad credit days- such as bankruptcies, repossessions and late payments. Changing such information is not legal.
A credit repair report is not a new or even a secondary file about your credit history. This information is also incredibly illegal- ranking with possession of fake I.D.'s and forged passports.
A word of warning- if you have to make changes to your bureau credit repair report, make sure those changes are actually included in your report. The most effective way to do so is to order another report. - 15465
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