Slow and Steady is the Best Way to Clean Up Bad Credit

re: Slow and Steady is the Best Way to Clean Up Bad Credit

Hayden Gerson — Sun, 05 Oct 2008 21:27:28 GMT

I disagree for many reasons. Your average consumer will not get anywhere near the results an good credit repair company will get. You could build a house yourself, or hire a contractor, who do you think would do a better job? You could cut your own hair or go to a salon, you could go to court without an attorney or with, hiring a good credit repair company is a great way to get your report cleaned up.

RE:Slow and Steady is the Best Way to Clean Up Bad Credit

euegene smith — Sun, 08 Apr 2007 11:00:00 GMT

If you have several hiccups on your credit, how do you know what to prioritize to clean it up. Like does a tax lein take first priority, or an over due utility bill. etc etc Thanks

RE:Slow and Steady is the Best Way to Clean Up Bad Credit

AZ — Sun, 03 Dec 2006 13:00:00 GMT

I'm just a consumer, you average Jo Blow, and I can tell you from personal experience, especially as I am currently trying to buy a house...Credit is the end all of being able to live comfortably, stress free, happy lives. Nothing anyone says, sells, or tell you what to do can help, but YOURSELF. It is possible to clean up certain items, but you cannot erase past mistakes. All you can do is hope someone will take a chance and approve you for a loan.

RE:Slow and Steady is the Best Way to Clean Up Bad Credit

John — Thu, 26 Oct 2006 11:00:00 GMT

I am a mortgage broker. I have seen credit scores fluxuate as much as 100 points in a few months. It's crazy ...can you ever really do the right things to clean up credit, especially given that no matter how many letters you write, getting a positive response is IMPOSSIBLE!. My opinion is that the three credit bureau's need to be disbanded! Too many people have a short period of financial problems for legitimate reasons and then spend the rest of thier lives paying for it with a low score.

RE:Slow and Steady is the Best Way to Clean Up Bad Credit

Tiffany Lance — Thu, 19 Oct 2006 11:00:00 GMT

§ 611. Procedure in case of disputed accuracy [15 U.S.C. § 1681i] (The FCRA) (5) Treatment of Inaccurate or Unverifiable Information (A) In general. If, after any reinvestigation under paragraph (1) of any information disputed by a consumer, an item of the information is found to be INACCURATE OR INCOMPLETE OR CANNOT BE VERIFIED, the consumer reporting agency shall– (i) promptly delete that item of information from the file. _____ Hence, it's not just on the basis on inaccuracy.

RE:Slow and Steady is the Best Way to Clean Up Bad Credit

robert marmaduke — Wed, 18 Oct 2006 11:00:00 GMT

To the "ex-Realtor" and anyone else who believes what he or she said: there is no LEGAL way to remove a collection or bankruptcy, unless placed on one's report in error. To make the statement "they are having a hard time keeping track of 220+ millions workers" is effectively an admission that the only way to change accurate info on a report is to cheat, which is stealing by getting undeserved credit. Your expert is exactly right, to say otherwise is either dishonesty or idiocy.

RE:Slow and Steady is the Best Way to Clean Up Bad Credit

Henry Hyer — Wed, 18 Oct 2006 11:00:00 GMT

It is curious that, within the article about clean-up-your-credit-without-really-trying scam artists, there are links to sites which appear to be the very thing the article says avoid. As a long time mortgage banker, I understand credit, but most do not, so an article that says stay away from the very website links is likely a disservice to at least some of your readers.

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RE:Slow and Steady is the Best Way to Clean Up Bad Credit

Jeff Arnold — Wed, 18 Oct 2006 11:00:00 GMT

Kudos on a well written article. You are correct in stating that credit repair is possible, but you outine the reality that there are no long-term 'quick fixes'. If there is a quick fix, it's a quick 'temporary' fix, which unfortunately provides a disservice to the customer they are to be serving.

RE:Slow and Steady is the Best Way to Clean Up Bad Credit

Ryan Bolton — Tue, 17 Oct 2006 11:00:00 GMT

I am a Mortgage Broker and I have teamed up with a legitimate credit repair company. They have been able to update and clean many of my clients credit reports. This process does take time but when done right, they can see major credit score increases. There is no minimum time frame for bad credit to stay on the report. Only Maximums!!! I have found this addition to my company as a huge benefit. I am able to retain more clients. There is nothing better than turning a "B" client into a "A"!!!

RE:Slow and Steady is the Best Way to Clean Up Bad Credit

Bartholomew — Tue, 17 Oct 2006 11:00:00 GMT

I always like to see professionals get things wrong. I'm an ex REALTOR but I also used to work for Chilton TRW, now Experian. Bankruptcies do NOT, I repeat do NOT HAVE TO STAY on your credit bureau for ten years, neither do charge offs for seven. The fact is, as the big three Credit Agencies grow, they are having a hard time keeping track of 220+ million workers in this country. You CAN clean up your own credit if you know what to do. I would urge you to tell people where they can get help.

RE:Slow and Steady is the Best Way to Clean Up Bad Credit

Tiffany Lance — Tue, 17 Oct 2006 11:00:00 GMT

I am an affiliated member of a highly reputable credit repair law firm, and as such it angers me when I see the fradulent companies giving everyone a 'bad name.' Credit report repair has many hidden secrets of how it works, and many laws that it uses to ensure your success, but one thing that I can tell you - and tell you first hand - is that it does work. ~Cont~

RE:Slow and Steady is the Best Way to Clean Up Bad Credit

LSosaPFC — Tue, 17 Oct 2006 11:00:00 GMT

To Lillian: Just keep paying your bills on time, and open a new SECURED CREDIT CARD. The Secured Credit Card will allow you to use your credit and make sure to not go over the 50% limit. I've seen people with a bankrupctcy who ara getting their credit score higher in the next 6 months. I am a Loan Officer for the EMD and I always help people with this issues at not charge. It is part of the Value Added Service. Good Luck!

RE:Slow and Steady is the Best Way to Clean Up Bad Credit

Lillian — Tue, 17 Oct 2006 11:00:00 GMT

So how can me and my husband clean up our credit after our bankruptcy?

RE:Slow and Steady is the Best Way to Clean Up Bad Credit

James Thornton — Tue, 17 Oct 2006 11:00:00 GMT

Credit repair when done legitimately is no different than any other service that you would rather not have to do for yourself but can do for yourself and for free. You can represent yourself in court, you can paint your house, you can do your own taxes but if you do not have the time or the inclination to learn how to do it and follow through it is worth the cost to have someone who does it everyday handling it for you. Legitimate credit repair companies also help you understand credit.

RE:Slow and Steady is the Best Way to Clean Up Bad Credit

Paul — Tue, 17 Oct 2006 11:00:00 GMT

Regarding BK, it's true the FCRA makes only one reference to a BK and according to the FCRA a BK will remain for 10 years. The CRA's voluntarily delete a Ch 13 after 7. So I'll go out on a limb here and say that the CRA's aren't all that bad.