Still need help on credit repair ?
I wrote a while ago asking for help and advice on credit repair. I didn't
get any responses so I'm asking one more time. Can this be done legally?
Has anyone in this group had any experience in having negative items deleted
from their credit report due to the credit report agencys not responding
in time to complaints? Any response I get to this post would be greatly
appreciated
There have been several responses which warned you of the common
credit repair scams that CLAIM, quite incorrectly, that you can
have true information removed permanently simply because the
creditor didn't respond in time to a challenge. BTW the credit
reporting agency merely reports on the information provided by
creditors. If you challenge an item, the agency is supposed to
ask for confirmation and if it is not received, the agency is
supposed to remove the item. This is the concept on which many
of the common "credit repair" scams are based. Unfortunately
when the original creditor DOES get around to responding back
to the reporting agency, the bad entry goes right back on your
report.
Put yourself in the place of a potential lender. If you see a
credit report with items popping in and out like this, would you
get a warm fuzzy feeling that the person is genuinely trying to
rebuild their credit or would you get the impression they still
didn't understand the entire issue and were merely trying to
pull a fast one.