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Fast Credit Report Repair



Fast credit report repair is very important. We need our credit for car loans, mortgages, apartments, and even new jobs. Getting your credit report is good shape is crucial to getting the loans you need.

Whether you are a victim of identity theft or not and your credit is terrible, keep reading for tips on fast credit report repair.

The quickest way to repair your credit score and credit report is to examine your report for factual errors and dispute those errors. Statistics show that 63-82% of credit reports have errors. For fast credit report repair, its important you get those errors off your record. By errors, I mean something that is on your report that shouldn't be on it. This could be anything from the wrong name, social security, birthdate, collections, judgments, late payments, or bankruptcies. If you successfully dispute an error on your report, you can raise your score for each item by 20-25 points.

A quick note on fast credit report repair

I know from experience that this process is not easy. You will have to get a copy of your report, examine it closely for errors, create a letter and send it to your creditors or credit bureaus. Then you'll have to not only wait for their response, but you may or may not get a successful dispute...they may deny your request.

Having said that, I went through this process for a few months in 2006 after I discovered a few discrepancies on my report. If I had to do it agian, I would get the help of professionals. Yes, I am lazy, but I'm also busy and don't have the time to do this all by myself. Also, I trust professionals more than myself to be successful at clearing up my credit. So if you want to Repair Your Credit fast, use professionals. If you want to do it yourself, just keep in mind it will take more work, but if you follow the right steps, you can still be successfull.

Step 1: Get a copy of your credit report

You can got to the websites of transunion, experian, or equifax, go to freeecreditreport.com, or use a monthly service like truecredit.com The main thing is to get a copy and examine it for errors. If your score is low, or below what you thought it should be, chances are you have an error.

If you have any of the following on your report as an error, GET IT OFF as soon as possible. These are listed in order from the most damaging to your report to the least damaging.

  • Bankruptcies
  • Charge-offs
  • Collections
  • Court Judgments
  • IRS Liens
  • 90 days late payments
  • 60 days late payments
  • 30 days late payments
  • Unauthorized credit pulls

Step 2: Call your creditors

If you have a problem with one of the creditors on your report, call them directly and ask they remove the error. Often they will contact a credit bureau on your behalf as a means of getting the error off your record. They do this to encourage a business relationship with you and it leads to a faster result than doing it yourself.

Step 3: Dispute with a credit bureau

If you have errors or questionable information on your report that you can't discuss with a creditor directly, conatct the credit bureaus. Send a letter to each bureau challenging them on the error. If you have multiple errors, it works best if you focus on the easiest to have removed and then work to the more difficult error.

Check out our page on sample letters for credit repair for access to tips on how to create a successful dispute letter.

Step 3: Wait

Once the bureau receives your letter, it will be checked by a clerical employee who decides whether your dispute is ridiculous or complete and logical. These employees probably see hundreds of letters a day, so make yours short and to the point.

Once the letter is classified as valid, it will go on to the investigations department. They will look into your dispute and they have 30 days to prove or disprove the item you are challenging. If they take longer than 30 days, the infomation must be removed from your report.

If after 30 days you do not receive a response, you should send another letter.

If you receive a response and the item is verified and correct, it will remain on your report. However, you have the right to continue the dispute, just make sure you wait another 2 months before submitting another letter.

If they find your dispute accurate, the credit bureau will notify the creditor and ask them to verify the item in question. If the creditor agrees it is a mistake, then the credit bureau will clear this item from your report!

Once an item is removed, you are entitled to an updated report. When you receive that report, make sure you send it to the other credit bureaus as proof that the item in question was deleted from your record.

Other ways to get fast credit report repair

Keep in mind, the above information can increase your score IF you really have negative errors on your report. Also, always consider getting professional help when disputing errors. Professionals are more experienced and have a higher likelihood of getting items off your report.

Here's a few more tips for fast credit report repair.

  • Call your credit card companies and ask to increase your credit lines. This will improve your outstanding-debt-to-available-credit amount on your revolving accounts. Doing this simple step can improve your credit by 50 points!
  • Redistribute your debt so that all cards have the lowest possible debt-to-available-credit ratio. The best ration is 30-60%
  • Pay down your cards until that ratio is established
  • Borrow money from friends or family to pay down your debts. You can pay off your credit cards but the debt owed to your friends or family won't show on your credit report. This is one of my favorites, and a technique I used to pay off some of my credit card debt. My score skyrocketed after doing this and although I still owe a little money to my family, my credit report doesn't show that.
  • If you recently paid off a debt and it doesn't show on your credit, pass that information on to the credit bureaus. Show them proof that the debt is paid off and you'll see your score increase.
  • Have a close friend or family member with a solid credit history add you to their card. By adding you to their card, their good credit makes yours better.


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