Credit Disputes, Credit Repair, and Peace of Mind
Let’s set the record straight right here: a credit dispute is a request to a credit bureau to check the accuracy of information on your credit report. But before you take off and start itemizing every single point on your credit history, you should check out the rest of this article to see why you might need to dispute credit, what the consequences will be, and how disputing your credit can help you.
It’s all about accuracy
Sometimes the three major credit bureaus in the United States just don’t get accurate information. A charge or account can be put to your name, even when it doesn’t belong to you. Sometimes people have accounts on their report that have more than their credit limit allows. Don’t get burned up about it; you just need to set the record straight. That’s where a credit bureau dispute comes in.
Chasing a golden goose
But before you start claiming that information is inaccurate, you want to be sure that it is, in fact, inaccurate. No, the credit bureaus won’t penalize you for the dispute, but you don’t want to waste your time chasing golden geese, either. You have a right to dispute the information on your credit report, and credit repair companies like Lexington Law help you target the information that hurts your score the most. They then help you file a dispute that is clear and accurate so you can get the wrong information off your report as soon as you can.
Getting down to business
Unfortunately, you can’t dispute absolutely everything on your credit report. Chances are some of that harmful stuff really does belong there. Credit disputes clear away the nonessential information and help you get down to the real issues. Fixing your credit score starts with repairing your credit report; in order to fix your credit report, you dispute the inaccurate information, and you work to pay the charge offs and past due accounts. Bad credit repair isn’t completely easy, but it doesn’t have to be as hard as you think.
The “So what?” of it all
Step one: find a credit repair company you can trust. Lexington Law is a good place to start. Forget all the stereotypes you hear about lawyers and check them out. If you want to present a case to credit bureaus that have power over your ability to buy a car or a house, then you want the pros to take on the task of clearing away all the inaccurate information as quickly as possible.
Step two: cinch up that belt, and do everything you can to start paying off some of those haunting charges. Credit never sleeps, and chances are you aren’t sleeping so well, either, with this over your head. With a good credit repair company, you’ll start sleeping easier sooner than you expected.