In this article I will try to answer the question, “Should I get my credit repaired?” I know that getting a bad credit can be an embarrassing and frustrating thing to go through, but it doesn’t have to be. Here are some things that you should know if you are asking yourself this question.
First, not having good credit can hurt you in many ways. You may be turned down for a car loan, a job, a home mortgage, or even a new cell phone. This is because lenders determine your credit worthiness by your past credit history. The worse your credit score is the less likely lenders are to give you money.
Second, sometimes it’s impossible to get what you want. If you are in a situation where you have poor credit and you are looking to purchase a house or a car you may find that there are no properties available in your area or that you are considered to be far too high of a risk to take on. This can really drive you crazy. But, you can still get the things that you want.
Last, if you have bad credit, there are still ways for you to succeed. It just takes a bit more effort than it would for someone with good credit. For example, there are companies out there that offer loans to people who are in bad credit. These companies work to gather financial information about you to make sure that you will be a good risk for them to loan you money.
I know that getting a bad credit can seem like an impossible task, but it doesn’t have to be. By taking steps to get your credit repaired you will find that you are in a much better financial position. You will also have peace of mind knowing that you are not the only one struggling with bad credit. That is a good feeling.
If you are wondering “How should I get my credit repaired?” then you definitely need to get a copy of your credit report and look it over very carefully. You want to make sure that everything on there is correct. If you discover anything that is wrong with your report, then you need to take action to have it fixed.
The first thing you should do if you discover that something on your credit report is not correct is to write a dispute letter to the credit reporting agency. This is an important step because it shows them that you are concerned about the accuracy of the information. It also gives them a chance to get back in contact with you and fix the problem. If they cannot fix it then they will get to the bottom of why it happened.
After you have written the dispute letter you want to wait around thirty days to give the credit bureau time to respond. During this time you should send them a follow-up letter asking them why they did not fix the problem. In many cases, they will be able to give you the reasoning behind not fixing it. Should you be unable to reach a satisfactory solution between the two of you then you need to consider looking for a credit repair service. A credit repair service can help you get your credit report fixed so that you can feel good about yourself.
This post was written by Kristian D’An, owner of Lux Credit LLC and CCA board certified credit repair specialist. Lux Credit offers Credit repair specialists for those looking to improve their credit!