Write a letter to the specific credit reporting agency that shows the falsehood, whether it is Experian, Equifax, or TransUnion. Explain the mistake and include a copy of the highlighted report along with your documentation. Although certain bureaus now let you submit disputes online, it’s not a bad idea to send this letter by certified mail, and keep a copy for yourself. The reporting agency has 30 days from the receipt of your letter to respond. The Federal Trade Commission provides advice on contacting the credit bureaus about discrepancies. Here are the contact numbers and web sites for the three credit bureaus:
Once you’re looked at your credit reports, you want to fix any errors you find. For most people, the process of fixing errors on credit reports is known as credit repair. Credit repair is something you can do on your own. Or you can turn to the help of a professional credit repair company for help with fixing your credit. Whichever option you choose, start as soon as possible.
If you've already fallen behind on your monthly payments or can no longer afford your minimum payments, we want to talk to you. If can't see any way to improve your financial situation without taking a drastic step like declaring bankruptcy, we may be able to help. What's more, we have years of experience with clients who face exacerbating circumstances like divorce, death in the family, unemployment, long-term medical issues and other problems.
Your best bet is to call and ask to see if they can put you on a payment plan where you can afford to pay them (even if it’s just the bare minimum a month) or if they will possibly settle for less money. A tip: anything that has your name attached (banking account,utility bills, credit cards, anything you finance, student loans, medical bills, car loans, home loans, your apartment, etc) that you miss a few payments on or don’t pay at all can be reported to the credit agencies and sold to collections companies.
2.) Quick Results : We get started to work for you right away. Results in less than 35 days. Each month we continue to send out new customized disputes letters, which have been proven time and time again to provide results fast. We specialize also in getting the results you need for those looking to buy a house, rent, or get a loan in a  amount of time. The erroneous items removed will be sent direct to you by the bureaus; so you have full visibility of items removed from your ccredit! We simply are the Best Texas credit repair company that strives for purpose with expedient results!

Credit repair starts by reviewing your credit reports to identify potential errors and mistakes. It takes about half an hour to download your reports from annualcreditreport.com. That’s the time it usually takes to login in, answer the security questions and download your three reports. Then you review your reports to see what they say and take note of any errors. If you’ve never looked at a credit report before, it can take 1-2 hours to review all three reports in-full.
Rather than trying to settle your debts yourself, which can be very difficult and time-consuming a better option would be to hire National Debt Relief. We have already helped more than 100,000 families and individuals achieve freedom from their debts since the company was founded in 2008. We have achieved this by helping pay off more than $1 billion in unsecured debts.
When you consolidate your debts or work with a debt settlement company, you’ll only treat the symptoms of your money problems and never get to the core of why you have issues in the first place. You don’t need to consolidate your bills—you need to delete them. To do that, you have to change the way you view debt! Dave says, "Personal finance is 80% behavior and only 20% head knowledge." Even though your choices landed you in a pile of debt, you have the power to work your way out! You just need the right plan.
* More on that note: it’s important not to be swayed by any firm’s claim they will “work faster than any other company.” The practice of spamming letters and notices to reporting agencies en masse is ill-advised, and is a sure-fire way to have your letters & disputes outright ignored. This is the case whether you’re doing your own credit repair, or having a company do it for you. Any legitimate credit repair firm will work methodically, yet at the quickest rate possible, to maximize reporting bureau response-rates.

One big change presented in the Tax Cuts & Jobs Act is that interest deductions for student loans are being wiped out starting in 2018. Currently, if you are earning under $65,000/yr as a single, or $130,000/yr if you are married and filing jointly, you are eligible for an interest deduction on your student loans of up to $2,500.  IRS records show that in 2015 there were 13.4m people who claimed that deduction and the average deduction was $1,100.  For someone in the 25% tax bracket, that would translate to a reduced tax liability of $275.  It’s not a huge amount, but for a struggling individual out of college trying to make ends meet, every dollar matters.

By clicking on the “Contact me” button above, you consent, acknowledge, and agree to the following: (1)That you are providing express “written” consent for Lexington Law Firm, Debt.com or appropriate service provider(s) to call you (including through automated means; e.g. autodialing, text and pre-recorded messaging) via telephone, mobile device (including SMS and MMS – charges may apply), or dialed manually, at my residential or cellular number, even if your telephone number is currently listed on any internal, corporate, state or federal Do-Not-Call list; and (2)Lexington Law’s Privacy Policy and Terms of Use and Debt.com’s Terms of UseTerms of Use and Privacy Policy. We take your privacy seriously and you may receive electronic communications, including periodic emails with important news, financial tips, tools and more. You can always unsubscribe at any time. Consent is not required as a condition to utilize Lexington Law or Debt.com services and you are under no obligation to purchase anything.

If you've already used up your free credit reports for this year, you can order your credit reports directly from the credit bureaus for a fee. The bureaus all offer a three-in-one credit report that lists all three of your credit reports side-by-side. The three-in-one credit report costs more than a single credit report, but less than the combined price of purchasing your three individual credit reports.
Now that you’ve learned some of the steps to repairing your credit, let’s take a look at how long it can take for this process to work. Each individual is different, and therefore each individual credit score is as well. What works for one may not work for another, but using general lessons as guidelines, everyone can see an increase in their credit score. The chart below shows the average length it takes to increase credit scores by doing a variety of things. The average time it takes to go from poor credit to fair credit is roughly 65 days.

Once you’ve confirmed the accuracy of your credit reports, you can begin working on the mistakes that you’re responsible for. One easy way to pinpoint your credit-score weaknesses is to sign up for a free WalletHub account. Your Credit Analysis will include a grade for each component of your latest credit score as well as personalized advice for how to improve problem areas.


If you are a careful money manager who fell into debt because of unusual circumstances (medical or veterinary  bill, loss of employment or some other emergency) and NOT because you spent more on your credit cards than you could afford to pay off each month, then leave the accounts open. Doing so will help your credit score, because the amount of revolving debt you have is a significant factor in your credit score. Just be sure to put the cards away. Don’t use them while you pay down your debt consolidation loan.
However, while obtaining the new debt consolidation loan may have a negative impact on your credit, that impact will not likely be significant; after all, other factors such as payment history play a much more significant role in computing your overall credit score. Additionally, since you’re using the loan to help you address multiple outstanding debts that’ll take time to pay down, your score should return to normal before you need to obtain new credit again.
* More on that note: it’s important not to be swayed by any firm’s claim they will “work faster than any other company.” The practice of spamming letters and notices to reporting agencies en masse is ill-advised, and is a sure-fire way to have your letters & disputes outright ignored. This is the case whether you’re doing your own credit repair, or having a company do it for you. Any legitimate credit repair firm will work methodically, yet at the quickest rate possible, to maximize reporting bureau response-rates.

Both of these are important questions that may finally be getting early answers.  Sadly, those answers are scary for a huge number of student loan borrowers.  Reports as of May 2017 are that Trump and DeVos’ initial education budget will seek to eliminate the Public Service Loan Forgiveness program which could cost student loan borrowers billions of dollars.  Trump and DeVos will likely seek to eliminate over $700 million in Perkins Loans and massively reduce the amount of work-study programs.


If you’ve run up high balances on credit cards, for instance, a loan for consolidating debt can lower your interest costs now and help you get out of debt faster. If you owe $7,500 across credit cards with an average APR of 25%, for example, interest charges alone will be $156 per month. Consolidate these debts into a lower-interest personal loan with a 13% APR, however, and you’d immediately cut interest costs nearly in half to just $81 per month.


5. Make a plan to avoid new debt. A debt consolidation loan can wipe the slate clean and allow you to start fresh with zero balances on credit cards and other credit commitments. Although it may be tempting, avoid using your newly cleared accounts to shop or manage household expenses. You don’t want to create new debt that you’ll have to pay on top of your debt consolidation loan.
×