legal credit repair

Under the Fair Credit Reporting Act, consumers are entitled to have their credit repaired of wrongful damage. However, consumers should not confuse wrongful information with negative information - there's no way to simply "remove" negative information without reason. If the consumer has made a mistake in terms of credit, that mistake can be reflected on their credit report until the period set out by law. For consumers, it is important to know that no organization can remove all negative records from your credit report; the Federal Trade Commission warns consumers to be wary of companies who do, as they tend to be fraudulent. Legal credit repair consists identifying information that should not have been placed on your credit report in the first place, such as a record meant for another person or payments that weren't actually late.

Fast Facts

The FTC warns against companies giving guarantees for erasing credit records

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Credit Repair after Bankruptcy

Consumers who are forced to declare bankruptcy find themselves wandering a strange and unforgiving landscape w...
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How to Repair Credit

With the slow down in the economy, rising foreclosures, and unemployment American’s credit scores have suffere...
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How to Repair Bad Credit

The effects from damaged credit can be far reaching. When it comes to credit repair it's hard to know where to...
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Budgeting Plan

The need to establish a family budget is not limited to tough economic times; it is the foundation for creatin...
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Foreign Currency Exchange Rates

The value of the US dollar in relation to currencies of other countries fluctuates throughout time depending o...
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