Pull your money out of your pocket and burn it right now! I know that sounds crazy right? Well, that is exactly what you are doing because of your low credit score. You are paying higher interest rates on your loans, as well as higher down payments in some cases.
Before we begin allow me to give you a word to the wise. Unless you are prepared to spend hundreds of dollars to boost your credit score prepare to do it yourself. It’s no where near as difficult as some would want you to believe.
Before we go to battle we must prepare. You will need to prepare by arming yourself with a copy of the “Fair Credit Billing Act” most commonly referred to as FCBA. All you have to do to get a copy is do a Google search. Once you have located it print it and keep it near by. Your going to need it.
Once you have reviewed your copy of the FCBA it’s time to request a copy of your credit report. Most experts will recommend that you order your credit report online because it’s faster. I however recommend that you order your credit report the old fashion way, via U.S. mail. This will allow you to create the start of your paper trail which you will be grateful for later on in the process.
Once you have your report highlight all of the negative items. Gather any proof that you may have to support your claims. Now it’s time to write your letters of dispute and send them in to the credit bureaus.
The credit bureaus have 30 days to respond either way. If they fail to do so then they MUST by law remove your disputed claims. Refer back to the FCBA that you should have printed out earlier.
If you follow those simple techniques outlined above you are sure to boost your credit score fast. If you are interested in other techniques and strategies to repair your credit, I recommend getting a credit repair kit and taking action today.
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