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How To Talk To Your Creditors And Get A Lower Rate

A lot of people that are deep in debt feel powerless.  The interest rates and fees keep sky rocketing and they are unable to make the payments.  Some people turn to debt settlement services and some people choose to negotiate their debt on their own.  And some choose a 3rd option.  There are online services that help you create and execute a debt management program you can follow.  Using their calculators you can create a budget and see how you can reduce your debt to $0.  

Whichever method you choose, start changing your financial future today!  

How To Talk To Your Creditors And Get A Lower Rate

Repairing Your Credit On Your Own Is SIMPLE!

September 6, 2014

The truth is, you can mend your credit problems yourself although many credit repair companies want you to believe  that Do it yourself  credit repair doesn't work.  They want you to purchase their services to get your financial life back in order. You don't need to keep asking other people to fix your credit because the REAL power to do such lies within your hands. You probably already know the fundamentals of fixing your credit, but each of us knows that the procedure is just a little frightening in the beginning. Here are several methods to advance your own credit score today: Click here to read about Do It Yourself Credit Repair.

Credit Repair Letter - What it Will Do For You

August 14, 2014

A credit repair letters is also referred to as a dispute letter. This is a how you remove a negative mark on your report with the credit bureaus.

This letter informs the bureaus that a mark is incorrect. Upon receipt of your letter they will begin an investigation. A letter must be sent to each credit bureau that shows the disputed mark on your credit report.

In this letter you must provide the details about the mark. You must also state why this mark is inaccurate and should be removed, common reasons include; not my account, account is closed, account paid in full and many more.

The Fair Credit Reporting Act is legislation that congress passed to protect the consumer. This law says credit bureaus must investigate and remove inaccurate or unverifiable marks. Before this law was passed people literally had to live with bad credit no matter how or who originated the negative mark.

The brick wall that many people face is to get the credit bureau to deem your letter a "valid" dispute. This is because it will cost the bureaus potential profits to conduct investigations.

Often a response to a dispute letter is to request more information, regardless of the need for it. This is considered an attempt by many to frustrate you into giving up on the dispute process.

Also you should know that under no circumstances should you ever submit a 100 word statement on your report. This is a place where you can provide a brief statement next to a negative mark.

In the past this was used to explain what happened. However today if you fill in this statement you are only admitting guilt to the bureaus.

This will cause the bureaus to deem any future dispute letters as frivolous and they will be ignored. Thus you have no way of removing the negative mark and it will damage your credit score for years to come.

Repairing Your Credit On Your Own Is SIMPLE!

September 6, 2014

The truth is, you can mend your credit problems yourself although many credit repair companies want you to believe  that Do it yourself  credit repair doesn't work.  They want you to purchase their services to get your financial life back in order. You don't need to keep asking other people to fix your credit because the REAL power to do such lies within your hands. You probably already know the fundamentals of fixing your credit, but each of us knows that the procedure is just a little frightening in the beginning. Here are several methods to advance your own credit score today: Click here to read about Do It Yourself Credit Repair.

Credit Repair Letter - What it Will Do For You

August 14, 2014

A credit repair letters is also referred to as a dispute letter. This is a how you remove a negative mark on your report with the credit bureaus.

This letter informs the bureaus that a mark is incorrect. Upon receipt of your letter they will begin an investigation. A letter must be sent to each credit bureau that shows the disputed mark on your credit report.

In this letter you must provide the details about the mark. You must also state why this mark is inaccurate and should be removed, common reasons include; not my account, account is closed, account paid in full and many more.

The Fair Credit Reporting Act is legislation that congress passed to protect the consumer. This law says credit bureaus must investigate and remove inaccurate or unverifiable marks. Before this law was passed people literally had to live with bad credit no matter how or who originated the negative mark.

The brick wall that many people face is to get the credit bureau to deem your letter a "valid" dispute. This is because it will cost the bureaus potential profits to conduct investigations.

Often a response to a dispute letter is to request more information, regardless of the need for it. This is considered an attempt by many to frustrate you into giving up on the dispute process.

Also you should know that under no circumstances should you ever submit a 100 word statement on your report. This is a place where you can provide a brief statement next to a negative mark.

In the past this was used to explain what happened. However today if you fill in this statement you are only admitting guilt to the bureaus.

This will cause the bureaus to deem any future dispute letters as frivolous and they will be ignored. Thus you have no way of removing the negative mark and it will damage your credit score for years to come.