In today’s economy, many individuals are faced with job loss and the income that they need to maintain their life style. Unfortunately, when the income stops, the mortgage, auto loans, and other debt is not paid on time or paid at all. When that happens, these items show up on your credit report, which only makes matters worse. Your credit score drops, and you are unable to borrow again. There are ways to correct this and you probably are aware that credit repair companies seem to be everywhere. They’re on the radio, spattered across the Internet and taking up valuable commercial time on your television. They promise they can help you to wipe your credit record clean in an unbelievable amount of time, regardless of how bad it is. The question is, are credit repair companies really the miracle workers that they appear to be or just another scheme to part you with your hard earned cash? The credit repair companies you’re going to find when you step out into the arena are going to range from the good, to the bad, to the ugly.

Don’t Hire A Credit Repair Firm Just Yet

A credit repair company or a law firm will charge you a monthly fee to work on your case which may run from 6 months to two years or more. Basically, your total fee will run from $600.00 to $2,500.00. Their goal is to improve your credit report, but they are in no hurry to do so. If you are at this place in life, and you need to clear up your credit report, consider the following before you hire a credit repair firm. 

Here’s How To Repair Your Credit Report Fast!

Let’s cut to the chase. You are serious about getting your credit report cleaned up, or you would not be reading this. You may or may not know that the Fair Credit Reporting Act, which is a federal law, has a strict requirement that all information contained in your credit report must be 100% accurate. If not, it must be deleted. Having said that, there are 3 steps that are required, that if you follow, will add points to your Fico Score.

• Obtain a copy of your credit report

• Identify all negative information on the report

• You send letters to the 3 credit bureaus and dispute the accuracy of all negative information 

Once you have completed these 3 steps, the credit bureau has 30 days to prove to you that the negative information is accurate. If they can’t, the information is deleted from your credit report, thereby improving your credit rating.  

This is a basic credit repair technique, however, every situation is slightly different. David Shapiro, a credit repair attorney, has written a comprehensive guide called “The Attorney’s Guide To Credit Repair“, which has proven to be highly successful for many individuals. By following his step-by-step guide, you can repair your credit by yourself. The cost for his guide to credit repair is so low that you simply cannot afford to pass it up. Even if you decide that you would prefer to have an expensive credit repair firm handle the matter for you, David’s 20+years of experience in this field will provide you with extremely valuable information that you will need.  

Apply his simple formula and see for yourself how you can improve your credit report.