Can You Fix A Bad Credit Report Or Repair It?

I’ve known a few people who say “what’s the point” when asked why they haven’t tried the fix bad credit report repair process This used to shock me until I realized a lot of people believe that their credit report is set in stone.

What they don’t realize is that credit reporting agencies and some creditors make mistakes just like any other business or individual. Taking the time to fix any mistakes on your credit report real or imagined can drastically increase your chances of qualifying for loans in the future and/or lower interest rates.

What to Check before You Fix

Before you can fix your bad credit report you need to know what’s wrong with your credit report and that includes more than looking for items that may not belong to you. When checking your credit report you want to be sure that all addresses reported belong to you.

Potential lenders might wonder about your moving history if they see a variety of addresses on your credit report and the same holds true for names you’ve used. Those two things might seem trivial but a potential finance company might be hesitant about extending a loan offer to someone that has gone by several different names and lived at several different addresses.

They might be afraid that you will disappear after defaulting on a loan. A potential employer might feel the same way and also might wonder about how stable you really are. Few companies that require credit checks are going to want to employee someone that has lived at several different homes in a short amount of time and who has a variety of aliases.

How to Fix It

Before you start writing letters and making calls to creditors and crediting reporting agencies alike make sure you have all of your facts straight. Know exactly what you want to dispute, where the item is reported on your credit report, and why you feel you have the right to dispute it.

A credit reporting agency isn’t going to investigate and remove an item on your credit report based on your say so alone. If that were the case every one of us with bad credit would be sending in dozens of letters a day.

When you are about to start a fix bad credit report repair have copies of any document that may support your case. If you are disputing various names you might want or need a copy of any name change forms or marriage/divorce certificates that support the use of a specific name.

In situations where an address is involved provide copies of a lease that shows how long you have lived at a certain location and past leases to support past locations. If you don’t have evidence to support your claim but you know that the information is inaccurate demand proof from the reporting agency since they can not report an item on your credit report without being able to show that the debt is a valid one.

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