Fix Credit Report

If you want to fix your credit score, you might look into start searching for a really good online credit analysis that will take you inside your credit report. What does this mean to you? How do you get inside of a credit report?

First of all have you see a credit report lately? Given, they are much better than in the past, but they're still not very easy to read . My Transunion credit report that I pulled recently  has so much information crammed into modest areas, you literally need brain food  a very serious mindset  before sitting down with it . 

Experian has done much better than the others  . Their FICO scoring model is easier to read, but in many cases the report is twenty pages plus . The way they fold and collate the report is confusing. Page 3 jumps to page 8 and I understood  that it can't be printed all at the same time.

Equifax is similar to Transunion. Their credit report is a mish-mosh  mind boggling set  of jumbled characters and codes, making it impossible for a overview  . If you spend any time at all with these credit reports, you'll begin to understand why it is so difficult to maneuver. Do you have any idea why this is? Maybe this is not a mistake after all.

The Fair Credit Reporting Act, FCRA, was instituted to protect consumers against unjust credit practices. Namely, from reporting errors that are rampant among credit reports. The FCRA allows for consumers to dispute errors in their credit file if they are suspected to be wrong   not reported properly . 

That being said, there is a dispute process necessary for this to happen, but the key is that the credit reporting agencies have thirty days to verify the remark is being reported as proper . They do this by contacting the lender of the account and asking to check the credit history and make any corrections necessary.

Do you think that if credit reports were simple to read, it would increase drastically the number  of dispute letters? Do you think that if consumers knew what the codes really meant they would recognize instantly what is right or incorrect in their credit file?

Now that you understand this  , if credit reports were easy to read and you could easily understand what you have , do you think the credit reporting agencies would suffer an onslaught of dispute letters costing them millions of dollars in work related verifications? Remember, they have 30 days to complete any investigation you request.

This is why  important rationality I believe consumers should use a credit repair software. After all, who knows how to go to the fundamentals of a credit report? Do you know all the codes and the terms they use to confuse you ? Do you know where to send a credit dispute letter ? Do you know how to write an appropriate  letter requesting account validations?

The result is probably not because if you know all this codes, you are not spending adequate time living. Remember, credit reporting agencies exist for the lenders . They sell consumer information and have huge data files on us -what they spend, how much and where we like to shop  . Do you really believe they are going to make it easy for you or is their allegiance to their customer or to the credit card companies?

Remember, that your ability to understand a fix your credit reporting errors is directly proportional to the amount of money you have left over each month .

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