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As a well known credit guru people regularly ask me if credit repair really works. Credit repair can be very effective if performed the right way.

Be careful which credit repair company you choose because many collect money from consumers for credit services, but the credit services they perform are nothing more than mailing simple dispute credit letters.

Some companies perform minimal disputes only, for example it might be disputed that the item really does not belong to the consumer or that the consumer never really went late on the derogatory item. The hope is that the creditor will not respond to the dispute and the items will be removed off the credit report as a result. These types of credit disputes depend on creditor ignorance or human error to be effective.

Over the last few years the credit bureaus have discovered these credit repair methods. To counter, the bureaus now use computer systems named E-Oscar and OCR.

The credit bureaus E-Oscar and OCR computers sniff out letters which appear to come from credit companies and then automatically respond to those disputes calling them frivolous. The credit bureaus E-Oscar computer then electronically processes the dispute nearly eliminating human error.

The credit bureau computers now render these types of disputes minimally effective. Some items will get deleted to simply be placed back on the report a short time later, and typically the only accounts that will be permanently removed are older accounts creditors no longer care about.

BUT, all is not lost

REAL credit repair is actually extremely effective, but it also is time consuming. Accounts need to be disputed in a mythological manner and the most effective disputes are done direct to the creditor themselves.

There are hundreds of consumer protection laws such as FACTA, The Fair Debt Collection Practices Act, HIPPA, The Fair Credit Billing Act, and many more which can be used to get your negative credit items removed from your report.

Many creditors blatantly ignore and violate multiple Federal laws with the hopes that you will not have the knowledge or time to be able to challenge them.

Truthfully, most consumers do not possess the legal knowledge to defend themselves. You would have to spend endless hours learning all of the hundreds of consumer laws to know enough to challenge your creditors successfully.

Using Federal and state law violations as leverage to force creditors to delete negative credit items is a VERY effective tactic to use to fix your credit. Credit companies who do this and participate in direct creditor disputing typically see deletion rates higher than 70%.

The drawback is in order to delete your negative accounts; you will spend countless hours learning how to dispute your credit items. Or you can find a highly recommended professional company to do it for you instead. But make sure you find a reputable credit repair company.

There are only a few 100% legal credit companies in the U.S. One of the most well known companies who produce the strongest and fastest results is Elite Credit Inc out of the Tampa Florida area (www.perfectcreditfast.com.) I have personally seen their dispute methods and results, and even I am impressed. You will not find faster or stronger results at such a low price anywhere else that I have seen.

Or you can visit online credit forums and start learning how to go at it alone. Whatever you decide to do, DON?T decide to do NOTHING at all. Bad credit is estimated to cost an individual consumer over $1,000,000 in a 30 year time period.

Strong dispute methods could remove over 71% of your negative items, and this could be the difference between you just struggling living paycheck to paycheck or living your fantasy life.

Get started now with fixing your own credit, or hire a professional to do it for you. Whichever you chose, stop delaying and get started today on rebuilding your credit profile and your financial security.

Related posts:

1. Never Before Seen Secrets to Credit Repair
2. Have You Considered Challenging Negative Items on Your Credit Report?
3. Learn 3 Hidden Secrets For Credit Repair
4. Unearth How To Get Expert Results From Credit Repair
5. Credit Repair Help: A Checklist To Dispute Negative Entries
6. Trouble-free, Clear-cut Credit Repair Secrets For Everyone
7. Exceptional Outcomes With Credit Repair
8. Trusted Credit Repair Techniques

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