A Step-by-Step Guide For Effective Bad Credit Repair In Inland Empire - PowerPoint PPT Presentation

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A Step-by-Step Guide For Effective Bad Credit Repair In Inland Empire

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One’s credit score is usually a reflection of how they’ve handled their financial obligations. This is based on the information reported to the credit bureaus by creditors/lenders. Website - – PowerPoint PPT presentation

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Title: A Step-by-Step Guide For Effective Bad Credit Repair In Inland Empire


1
  • Decs-We Kill Debt

2
A Step-by-Step Guide For Effective Bad Credit
Repair In Inland Empire
  • Ones credit score is usually a reflection of how
    theyve handled their financial obligations. This
    is based on the information reported to the
    credit bureaus by creditors/lenders. Paying your
    bills on time and managing your accounts wisely
    will guarantee you a good credit score. By
    defaulting on your payments, your credit score
    goes bad. When this happens, youll probably need
    the services of credit repair companies in Inland
    Empire. Bad credit makes your financial life
    difficult and expensive. Lending institutions
    check credit scores before giving out any loan or
    credit card.
  • With bad credit, you will incur high interest
    rates on loans if you get a lending institution
    that is ready to give you a bad credit loan. The
    good news is that you can fix the mistakes
    affecting your credit and increase your credit
    score. Getting your credit repaired is critical
    to saving money on loans, credit cards, and
    insurance. Credit repair in Inland Empire also
    helps you to qualify for new employment and even
    promotions and raises with your existing
    employer. With a good credit score, you have the
    security of knowing that you can borrow money
    anytime need arises.
  • When you want to have your credit score improved,
    you can opt to fix it by yourself or have it
    handled by credit repair companies in Inland
    Empire. Opting to fix your own credit rating can
    help you save money and the hassle of finding a
    good credit repair company to do it for you.
    Below are steps of improving bad credit

3
Get Copies of Your Credit Report
  • Everyone is entitled by law to free credit
    reports from the three credit bureaus
    (TransUnion, Experian, and Equifax) every year.
    Inland Empire credit repair companies can help
    you order the reports directly through the credit
    bureaus. Another option is to pay for your credit
    report, but only if youve already used up your
    yearly credit report. The main reason for having
    all the three credit reports is for you to
    confirm that they all contain similar
    information. Some creditors and lenders tend to
    report to one credit bureau, complicating your
    credit standing and reputation. If this happens,
    you will have to repair your credit at all the
    three bureaus instead of working on one.
  • Your credit report has all the information of
    your credit history and details of the things
    that are inaccurate and are lowering your credit
    score. These include your high credit card
    balances, past due accounts, public records or
    debt collections. You have to study your credit
    report thoroughly and identify the negative items
    that are affecting your credit rating. Check your
    personal identification information, detailed
    history of all your accounts, public records like
    tax liens and bankruptcy and your
    creditors/lenders reports for any misinformation.

4
Identifying errors
  • They type of information that requires Inland
    Empire credit repair include
  • Incorrect information such as payments which are
    incorrectly reported and accounts that dont
    belong to you.
  • Overdue accounts that are charged off are late or
    have been given to collectors
  • Maxed out accounts that have exceeded the credit
    limit.
  • After identifying the incorrect information,
    develop a credit repair plan and approach for
    each information. Collaborating with your
    creditor will greatly help your progress.

5
Disputing the errors on your credit report
  • Note that you have the right to a credit report
    that is accurate. Therefore, you can dispute any
    incomplete, inaccurate or unverifiable
    information in your credit report through credit
    repair companies in Inland Empire. Your credit
    reports come with instructions on ways of
    disputing your credit report information. You can
    make disputes by calling, or emailing.

6
Methods of disputing credit repair information
  • Making your disputes online is fast and easy, but
    you will not have a paper trail for your records.
    Sending the disputes by email allows you to
    attach proof and keep a copy of the
    communication. When you send your dispute through
    the certified mail, youll also get to keep proof
    of the details and dates you mailed the dispute.
    Having dispute records is vital for subsequent
    follow-ups and verifications.
  • When sending your dispute, always attach a copy
    of the credit report and the item in dispute
    along with proof that supports your dispute.
    Include all the information about your dispute to
    avoid your dispute from being declared frivolous.
    If this happens, the bureaus will decline to
    investigate the dispute and your credit report
    will not be updated. A reputable company that
    deals in credit repair in Inland Empire will be
    able to expedite the process for you. The credit
    bureau always sends a response to your dispute
    after completing their investigation. Another
    alternative to a credit bureau dispute is through
    direct dispute to the companies that listed
    information on the credit report. They have the
    legal obligation to investigate the dispute and
    remove the incorrect information from your credit
    report.

7
Settling past due accounts
  • Your payment history greatly affects your credit
    score. It comprises 35 of your overall score.
    Having multiple past due accounts listed on your
    credit report will hurt your score significantly.
    Settling these accounts is crucial to credit
    repair. Use the services of Inland Empire credit
    repair to take care of accounts which are past
    due but not charged-off. Talk to your creditor
    and discuss options that will change your account
    to current. The creditor may agree to waive late
    penalties or spread the balance over fewer
    payments. They can also agree to re-age your
    account to show your payments as current.
    Charge-offs hurt your credit rating, and they
    must be paid. Outstanding balances on charge-offs
    will make it impossible for you to get approved
    for loans or new credit. Settle collection
    accounts too by paying in full or through a
    pay-for-delete, or even settling them for less
    than the balance due. Ensure that your credit
    card balances, loan balances and all your past
    due accounts are below the credit limit.

8
Get new credit
  • In case you have loans and credit cards that you
    service on time, keep them current by making
    payments on time. In case you dont have any try
    to get new ones and ensure you pay them on time.
    You can consider getting a secured credit card if
    you are denied a major credit card. For you to
    get a credit limit, you will have to deposit a
    certain amount on your secured credit account as
    a security deposit. Avoid closing your current
    credit card accounts as it may affect your credit
    score.
  • While working towards a better credit rating,
    dont sacrifice the positive accounts for those
    that are in bad rating. Keep making timely
    payments on the current accounts. Learn what
    things affect your credit score negatively and
    avoid making the same mistakes next time.
    Remember that your credit rating may drop
    unexpectedly as you carry out credit repair in
    Inland Empire. But this does not mean that youre
    not doing things right. Just keep adding positive
    information on your report, and the credit score
    will go up over time.

9
Contact Us
  • Address 18930 HWY 18 STE 101, Apple Valley, CA,
    USA
  • Phone 1-866-342-1062
  • Email info_at_decs-wekilldebt.com
  • Website http//decs-wekilldebt.com
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