Avoiding Credit Repair Scams

Sometimes the Credit Bureaus may sometimes reply telling you that they already verified the information as correct. If this happens, write back telling them that it's a Federal Law that they must verify your disputes and that you'll sue them for $5,000 for each dispute that they do not handle properly. Once they know that you are aware of your rights, they'll become very cooperative.

Avoiding Credit Repair Scams

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Avoiding Credit Repair Scams

Important: It is completely legal for you to dispute items on your credit file even if you know they are correct. You are simply testing to see if your creditors have maintained the proper records to verify the dispute. You have a very bad memory and forgot that the negative accounts on your credit file are really yours.

Related keywords: secret credit report repair repair credit rating, credit repair lawyer

More articles:
Credit Repair Tips for Consumers
Home Equity Loans
Rebuilding credit after bankruptcy
Credit Bureaus: Friend or Foe? (Richfield Reaper)
Group: Bad Credit Threatening US Economy (Northwest Florida Daily News)



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