Divorce and Credit

One of the biggest damaging items we’ve seen lately involves divorce. When you have a Dissolution of Marriage where one party says they will take responsibility for the account… that’s nice for the courts… but it doesn’t mean didly-squat (that’s right I said it!) when it comes to your credit report.  Just because someone SAYS [...]

We Can Erase Bad Credit – NOT

There are all kinds of reasons people need to improve their credit scores… maybe you want to buy a car, and don’t want to pay super high car payments.  Maybe you’re looking for a new job, and you can’t get an accounting job, or a teller job if you have low scores.  Maybe you want [...]

Sample Letter – Pay Debt Make It Disappear

Many people have some adverse credit items on an old account, or collection… and those accounts are really pulling credit scores down.The question becomes, can you get those accounts paid and the negative credit taken off?  The answer is MAYBE.  Here’s a sample letter you can use, that says (in essence) I’ll pay this debt [...]

Hardship Letters – How to Ask for Short Sale Help!

I am an active member of ActiveRain, an online community of real estate and mortgage professionals.  I read a post recently about how to write a hardship letter, and I thought it would be helpful!  Below is an example of what you should do, and how you should structure your letter to your lender. From [...]

Sample Dispute Letter

Here’s a sample letter that you can use to request that a creditor remove information from your report, and STOP calling to harrass you!  Be certain you use the information contained on your credit report – exactly as they have it.  This will typically NOT be the correct account number, but if that’s what they [...]

If You Are In Trouble With House Payments…

If you are in trouble iwth your house payments, try these websites.  I’ve had mixed reports on how people are helped.  I’ve had people tell me the “HOPE NOW” line was GREAT… and I’ve had folks tell me they SUCK.  If you are contacting them – how about leaving a comment here so I know [...]

Dispute Your Address first

Here’s a suggestion!   One of my friends is moving, and wants to THEN go through some credit improvement and hopefully buy in 6 or 7 months. FIRST SUGGESTION… get your drivers license changed to your new address.  Make a copy of it.  Send it to the BIG THREE credit agencies saying this is my address, [...]

1-2 Punch Dispute Letters

So the first step in the dispute process was to write a letter regarding old addresses… Now that you have that back – the real work begins!  The next step is to look at the new reports for any old accounts with late payments on them.  Choose 3 or 4 and dispute those inaccurate items with a [...]

Your First Dispute Letter

Once you have a copy of your credit report, you need to sit down and start writing to the three credit bureau agencies.  In that first dispute letter you want to dispute: First you want to dispute old addresses, wrong addresses, wrong birthdays, aliases or misspelled names and old employment information.  Also include account disputes if [...]

Is Your Credit On the Edge

So you’ve gotten your credit report – can you tell if it’s good, or on the edge?? 1.  Look at the payment histories. Some parts of your bill-paying history are more important than others, different pieces of your credit history are given different weights in calculating your credit score – but the payment history is [...]

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