Negative marks on your credit report will hurt you for 7 to 10 years from the last date that they were reported by the creditor. The problem is, nearly 75% of all credit reports contain errors. These errors can have a negative impact on your score and keep you from being approved for credit or cause you to be charged much higher interest than you would have been with a higher credit rating.
By law, the credit bureau must verify any item that you dispute on your credit report within 30 days of your written request. If they cannot verify the accuracy of the tradeline or item, then it must be removed from your credit report. This is your right under the Fair Credit Reporting Act. The forst step in doing this is to find a reliable and realistic credit repair program to follow step by step.
You should never pay someone else to repair your credit report. With the right program, you can save hundreds or thousands of dollars and alot of headache by doing it on your own.
Once you have found the right program and recieved a copy of your credit report, you are ready to push the reset button on your credit!