Know your report inside and out
Credit repair is a great tool . . .if you know how to use it. You must have a watchful eye on your report. Question everything on your report. It is your responsibility to ensure a healthy credit report, no one else is going to have as much interest in your credit than you. The entire credit reporting system, with its many participants, is prone to error. And these errors have the tendancy to lower your credit score and ultimately cost you dollars. Take your time, find every error, and get ready to fight. Griffin Credit can help.
Dispute Collections
Give special attention to collections. Collectors buy and sell debt every day. If your account does not pay off the collector will package it up and sell it to another collector who will try their luck. And each collector in turn will report your collection to the credit bureau. By law, when a collector sells a debt they must withdraw the account from your credit report. Unfortunately, there is no real motivation for them to do so and these erroneous accounts can linger needlessly for years. Griffin Credit removes such accounts from the report.
Think before you act
dispute letters are the back bone of credit repair. It is not hard to write a dispute letter, but it is very difficult to make the letter effective. When it comes to credit repair you take a chance if you dont have the proper angles to dispute. It may be tempting to tell your whole life story in your dispute letter, but your heartfelt tale will fall on deaf ears. The goal of a dispute clerk is to translate your letter as quickly as possible into a two digit code summarizing your concern. For best results, you must know that codes that the bureaus use to dispute, it makes it much more effective.
Build New Credit Today
As important as the dispute process is, it is even more essential to your credit repair that you have open positive accounts. Your credit scores are based on everything on your report, both the negative and positive. Removing the negative will eliminate the burden on your scores. But your scores will not automatically rise. You need something good on your reports for your scores to improve. If you cannot get regular credit cards, get secured cards. They are the perfect credit repair tool and can improve your scores over 100 points within six months, if managed right.
Manage Revolving Debt Right
Your credit scores are very sensitive to the balances. Many people working hard at credit repair are discouraged when their scores continue to fall in spite of perfect on-time payments. For the best credit repair results you should only use 30 percent of the amount available on your cards. To underline the importance of this matter it is worth noting that your revolving balances can move your scores over 100 points. A maxed out credit card will have a devastating effect on your scores. Watch your balances!
Budget and Save
For long term credit repair success you need to make sure that new problems do not arise. A fresh late payment will be a major setback. The best way to avoid the kind of financial stress that can lead to late payments is to have a financial buffer in the form of a savings account. When unplanned expenses arise they will not become unmanageable. If you do not seem to be able to save money you should start by creating a written budget. Examine all of your expenses and make sure that there is room for savings each month. Even a small contribution will do the trick.
Get Credit Repair Help
Professional credit repair help is very affordable! Griffin Credit can help with all of your credit repair needs and bring you effective results, we are here to fight for your credit and we guarantee results.
