IMPORTANT: There is one credit repair company that is above all others and highly recommended. Lexington Law is reliable and costs much LESS than you think. They provide top notch service with excellent results. It is highly recommended that you watch the video at the bottom of this article andcheck Lexington Law (1-800-293-3672) to repair your credit before any other alternative.
To get the most out of your credit repair process, you need to time your credit repair efforts properly. People aren't always in a position to do this because most of the time people simply need to get it done because they have been procrastinating about it for far too long. As a general rule, then, the best time to fix credit is NOW. Just get it done.
However, if you have a fair amount of outstanding collections and old bad debt, you could do yourself some favors. If the debts are quite old, then you might be wise not to dispute them because after 7 years of no activity, they should just go away on their own. Disputing the accounts could actually reactivate them. If you pay the accounts, you could also reactivate them, thus giving the creditor more time to keep reporting them against you. If the accounts have a zero balance, then you could go ahead and dispute them because getting old zero balance collections removed from your report can and will greatly improve your credit profile. Do NOT hesitate to dispute collections or bad accounts that have no balances on them. Generally, creditors won't respond to that kind of dispute since you don't owe them anything. Then, when they don’t respond, the account is deleted and that is a good thing for you.
If you have small collections that you are able to pay off, you should go ahead and pay them off. Immediately after you pay them off, go ahead and dispute them. You might just get lucky and the creditor might not respond to the dispute since they will see that the account has been paid. It could also happen that the creditor will update your balance to zero more quickly than if the account was left to get updated on its own.
If you are going through a bankruptcy, don’t do credit repair until it is discharged. If you are making payments on bad debt, don’t do credit repair until the accounts are paid in full. If it is a judgment you are paying on, don’t dispute the judgment until you have completely paid it off.
Matthew Wierzbinski is one of the owners of www.creditblossom.com. He was a mortgage broker for over 7 years and during that time he was able to help people repair their own credit successfully. All the knowledge he built up during those years has been poured into the CreditBlossom web site. Matt wrote a credit repair guide and built credit repair software. These are available to the public for free at the CreditBlossom.com web site. Self credit repair is something anyone considering repairing their own credit should look into before they approach a company. The process is simple enough that anyone with a little time can figure it out. Using the CreditBlossom.com system makes it even easier. The site walks you through the details and the software makes writing dispute letters extremely easy. Much of the instruction also comes in video format to make it even easier.
...Don't Want To Do It Yourself? FREE Credit Repair Consultation From Lexington Law, The Leader in Credit Repair Call Now 1-800-293-3672 or CLICK HERE to Learn More
Visit LEXINGTON LAW or Call 1-800-293-3672 for FREE Credit Repair Consultation Now!
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