Most people never think about their credit scores until it is to late. I had a friend by the name of Julia who completed an application for an apartment. Terminated her lease on the old apartment, and was days away from moving in. Then the phone rang! The apartment complex rejected her application due to her credit.
Julia called stressing out. She had know idea how to handle this unfortunate situation. I explained to her that, “The Fair Credit Reporting Act” allowed every American one copy of their report per year. After pulling her report Julia was shocked to find that not one of the negative marks on her report belonged to her.
Julia and I proceeded to the next step in the credit repair process. We identified each negative ding on her credit report. I advised Julia to go through her records and try to find any proof that would show that these were errors on her report.
After a few days Julia was ready to write her letter of dispute and submit it. This is the part of the process where most people go wrong. You must mail your letter of dispute via certified mail. This will be the only proof of the time and date in which you mailed your dispute claims.
By neglecting the aforementioned step could cost you dearly in the long run. The credit bureaus have 30 days to investigate your claims. If they fail to do so during that time according to the law they must remove the marks in question. It is you that must have proof.
The mission of this article was to educate you on the fact that you could get your free credit bureau report. I decided to do so by sharing a true story of a close friend of mine. However I strongly advise that you educate yourself on the credit repair process.
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