There is nothing more frustrating than being denied a loan or being asked to pay a higher interest rate.

One of the biggest reasons why this could happen to you is because of a low credit score.  Your credit score could be lowered if bad credit information appears on your report and guess what…?  It’s not always your fault.  Often, there are mistakes on credit reports which could cause a credit score to drop.  Even the Federal Trade (FTC) reports that approximately 79% of ALL credit reports…that’s right…79% of ALL credit reports have errors on them.

Under the Fair Credit Reporting Act (FCRA) enacted in 1970, you have a right for the information on your credit report to be accurate and verifiable.  Third party data furnishers cannot report information to any of the 3 consumer credit bureaus (i.e. TransUnion, Equifax, and Experian) which is not accurate.

Always remember…you have a right for the information on YOUR credit reports to be accurate and verifiable.  That also means that you have a right to ask questions about anything on your credit report that you feel could be wrong.  CLICK HERE for more information how legal credit repair works.

YOU have a right to challenge any information on ANY of the 3 credit reports which you feel is:

  • Erroneous
  • Inaccurate
  • Unverifiable
  • Questionable
  • Incomplete
  • or Obsolete

Any information which is not accurate and verifiable CAN BE DELETED from your credit including:

  • Collections
  • Charge offs
  • Late Payments
  • Bankruptcies
  • Judgments
  • Tax Liens
  • Foreclosures
  • Repossessions

There are many strategies to disputing credit information on a credit report and YES, you have the legal right to repair your own credit.   It’s just not as easy as it may seem.

If you would like the professional credit experts at Illinois Credit Services to dispute your unverifiable bad credit, you can schedule a FREE consultation or call us at 630-427-8500

If you are the person who wants to dig in and spend some time, effort, and energy learning the credit reporting and credit disputing process…hats off to you.   You may be in for a journey.

Here’s an article  from BankRate.com about some of the steps you may consider to rid your credit reports of old debt.  read article