Fixingyour Own Creditreport - The Holidays Are The Best Time Of Year To Fix Credit

By Author: S.L. Welch
Total Articles: 7
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Not only is fixing your own credit the best way to handle credit repair, but the holiday season is the best time of year to perform credit repair.

Hmm, "why is that?"; you ask. There is a simple answer. Based on the Fair Credit Reporting Act, the credit bureaus have 5 days from submission of a written request OR an on-line request to contact the creditor in question to look into your request. The credit Bureaus as well as the creditor in question are only allotted a certain amount of time to look into your complaint.

If both the creditor in question and the credit bureaus don't manage to get all the info they need to prove that the issue in question is either wrong or right, then guess what! Say Goodbye to the negative mark.

Guess what else! The credit bureaus and creditors tend to be short staffed during the holidays. Here's the money part; the Fair Credit Reporting Act does not care if the creditors or the credit bureaus are short staffed. They have no choice but to adhere to the rules set forth and if they don't hear back from these companies regarding your request, then say goodbye to your negative ...
... mark.

Any item that can't be verified NEEDS to be removed from your credit report.

{{{Another thing to consider is|It's also important to remember}} that fixing your credit is best handled on your own. Don't hire a credit repair agency that will simply shoot out a bunch of dispute letters all at once. This is the quickest way to get your request red flagged as frivolous.

Fixing your credit on your own is easy, but remember to send each dispute all by itself. If you have many items to dispute, send them separately and space them out a bit AND use the lighter staffing during the holidays at the credit agencies to your advantage.
Copyright (c) 2008-S.L.Welch

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