Removing Negative Items From Your Credit Score

It’s never too late to make a new credit history. To erase your mistakes, you can remove negative entries from your report within seven years of the incident date.

If you’re dealing with late payments, collections, charge-offs, or foreclosures and want to quickly repair your credit score.

Credit Repair of San Antonio has helped countless people like you repair their credit. With our help, your life will be significantly better than it was before–no more debt hanging over your head.

Check Credit Report for Inaccuracies

If you’re a student, it’s important to know how your credit score affects the chances of getting financial aid.

The first step is to get a copy of your credit report from the main three companies and check for accuracy. The only way you can really determine if there are any problems with it is by taking time out of your day, plugging in numbers on their website, making sure everything matches up.

Things to check

  • Account number.
  • Account status.
  • Balance.
  • Date opened.
  • Payment status.
  • High Balance.
  • Credit Limit.
  • Other errors.

Credit Repair of San Antonio will help you find any errors in your credit report and get erroneous information removed.

Submit Credit Dispute Letters

You send a formal email to the credit bureaus, detailing all of their inaccuracies and errors. You are requesting that they either fix these mistakes or remove any negative information from your file altogether.

The Federal Credit Reporting Act is a law that ensures credit bureaus can only report accurate information on your credit reports. Some negative entries cannot be verified and must be removed from the records before they are made public.

Write Goodwill Letters

Once you’re unable to spot an error on their report or if it’s already fixed by one of the three major credit agencies (Experian, Equifax, TransUnion), then the best thing that might happen for you at this point would be receiving a “Goodwill Adjustment.” Basically they will update your account so that everything reads correctly without being charged ridiculous fines in addition.

Let the original creditor or collection agency know and ask them to remove a negative entry from your credit history.

A goodwill letter is a basic yet important way of keeping in touch with past customers. However, if you’re looking for an extra edge to your correspondence then it’s worth hiring experts who know the ins and outs of making good letters that will be well received by potential clients.

Describe your situation to the creditor, such as mortgage application, and struggle because of the entry. 

Negotiate a “Pay For Delete” Deals

For unpaid collection accounts or charge-offs, a pay-for-delete agreement can help remove the negative item from your credit report. Work by negotiating with creditor or debt collection agencies over the phone and offer to “pay for delete.”

Fortunately it pays to know their tricks so that you can avoid being tricked into paying them anything before getting documentation like contracts signed by both parties or written proof of any verbal agreement made with debt collectors over the phone.

Use Credit Repair of Experts to Help Remove Negative Items

If you have a dispute with someone on the phone, email, or in person and want to fix it without being emotional about it; Credit Repair of San Antonio can help.

The Fair Credit Reporting Act is an important piece of legislation which has been enacted to protect the consumer. This act ensures that all credit reporting agencies abide by strict guidelines when gathering and storing data about you, so there’s no need to worry.

The credit repair company can remove inaccurate information faster than if you were to do it on your own. Besides this, they provide better results and have the experience needed for these deletion methods.

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