Looking for credit report repair probably means you have some problems with your credit and need to clean up the "credit reporting agencies act" because about 80% of their information is incorrect. Do they care if your information is incorrect? No way! They are in it for the money!
Equifax, Experian and TransUnion generate huge profits by selling information to companies or individuals that require a credit score to determine if they are going to do business with you. So if you are renting, buying or seeking employment someone wants to know if you are reliable at paying the bills.
Congress passed the present version of the Fair Debt Reporting Act in July of 2004 in an effort to keep the reporting agencies in line and set some types of standards so that individuals do not get run over by the moneymaking trains that sell information from some credit card company.
Dealing with the reporting agencies can be a time-consuming, frustrating and endless task unless you know the rules of their game. Anyone can type "Fair Debt Reporting Act" into a search engine and immediately see exactly what the Federal law says. Pay special attention to section 609.
It does not matter if you had bad credit and the reporting agency recorded it correctly or if your credit was okay and reporting errors made your credit look bad. It is a question of law! If the reporting agencies cannot "prove" their information is valid, then it must be removed!
Once a year you can ask for and receive a free copy of your credit report and see what these agencies are telling the world. You can remove "any" item on your credit report by "demanding proof" that an item on your report is valid.
While most credit cleanup companies give you a series of letters "disputing" a particular item, none seem to have any knowledge of how the "game" really works. If they cannot prove it then they must remove it! There is a fine of $100 to $1000 if they do not comply.
Credit report repair involves a bit more than sending a few dispute letters about an entry. It involves getting your entire financial life in order from beginning to the end. The depression has caused many financial difficulties for many people.
Begin with the credit problems that got you into the situation and end with a new financial life for yourself and your family. It is not difficult using the rules of law when everything is working in your favor. The American Spirit is alive and it lives within YOU!
Visit http://creditcarddebtprotection.com/ and down load the free e book Control Your Creditors to begin educating yourself with the wisdom to stop any debt collector in his tracks. Find out why collectors will gladly accept 10% of what you owe just to get rid of you or go away altogether. Learn the secrets to improve your credit score 60 to 120 points after you stop paying and learn money mastery for life to stay out of the debt trap forever.
