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HomeCredit ForumCredit repair

Repair?

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erb1953



Joined: 31 Dec 2007
erb1953's page
Posts: 631



8 Magic Points
Subject: Repair?
 
 Posted on Wed Aug 13, 2008 2:17 am  
How long does it take someone to do a complete credit repair? Has anyone been completely through the process? What is the time frame for your score to start to come up?
 
goodnatured



Joined: 03 Nov 2007
goodnatured's page
Posts: 3137



5332 Magic Points
 
 Posted on Wed Aug 13, 2008 3:21 am  
I think each case is different. I depends on the shape of your credit when you start and a whole lot of factors.
_________________
Goodnatured,

Trying to become and stay debt free, thank you for all your help and support!
 
fireyone



Joined: 26 Feb 2008
fireyone's page
Posts: 2858



1966 Magic Points
 
 Posted on Wed Aug 13, 2008 12:44 pm  
If you would like to know about your own report I would advise being a little more in depth. Ask question directly and don't be afraid to put it out there. If you don't ask...you will never know.
 
Lorri



Joined: 15 Jul 2008
Lorri's page
Posts: 295



6 Magic Points
 
 Posted on Wed Aug 13, 2008 8:51 pm  
I would think that repairing your credit would be a process that could take several years (maybe thats too long). You would have to make your payments on time, clear up any other delinquencies, make good on old debts, etc.just for starters. I don't think it will be something that you can just do in a matter of months and it (as mentioned) above depends on your debt situation.
 
Justin

Justin

Joined: 17 Jul 2006
Justin's page
Posts: 417



10874 Magic Points
 
 Posted on Thu Aug 14, 2008 6:01 am  
Hi erb
As far as I know repairing your credit may take a few months. It is a time consuming process and so you should have patience while you involve yourself in the process. As for example when you are sending a debt validation letter to a collection agency, you should wait for at least 30 days from the date they receive your letter. If they do not validate within 30 days, you can send a dispute letter to the credit bureaus asking them to delete the listing. Again you need to wait for a few days for getting it deleted from your report by the CRAs.
_________________
Best Wishes
Justin
 
Mary

Mary

Joined: 06 Jul 2006
Mary's page
Posts: 324



8704 Magic Points
 
 Posted on Thu Aug 14, 2008 6:26 am  
I agree with Justin on this point. I prefer to repair credit by myself because even if you go for credit repair agencies to repair your credit they will take the time. So it is better to do it by yourself. Even the Federal Trade Commission suggests that self help is the best way to repair your own credit because even after you pay them money to repair your credit, these repair agencies may not repair your credit and your credit report will remain as it is.

_________________
Where there's a will, there's a way !!
 
anthony

anthony

Joined: 31 Jul 2006
anthony's page
Posts: 493



12319 Magic Points
 
 Posted on Thu Aug 14, 2008 6:37 am  
Yes, but no credit repair companies can remove negative information from your credit report if it is accurate. Hard inquiries remain in your credit report for two years and can only be removed if it has not been authorized by you. But if you have authorized a creditor to make hard inquiries, it may not be removed by the creditor. Again you cannot force a creditor to agree for a pay for deletion agreement to remove a negative listing from your credit report after you pay it off. So all that you can do is to request them to remove these listings and this negotiation may take some time.
_________________
Anthony Marx

A positive attitude is not achieved by turning a blind eye to the negative, but rather by responding to every situation in the most positive way possible.
You can also visit my blog
http://financewatchonline.blogspot.com
 
fireyone



Joined: 26 Feb 2008
fireyone's page
Posts: 2858



1966 Magic Points
 
 Posted on Thu Aug 14, 2008 12:24 pm  
That doesn't seem to long to get your report in order GN. I have been seeing a lot of your posts and feel you should be well on your way. Even if hard inquires don't fall off for two years at least if you have the rest cleaned up, so to speak, it should keep gewtting better with time.
 
admin
Guest
Subject: admon
 
 Posted on Sat Aug 16, 2008 6:15 am  
this is a test
 
fireyone



Joined: 26 Feb 2008
fireyone's page
Posts: 2858



1966 Magic Points
 
 Posted on Sat Aug 16, 2008 2:42 pm  
What is a test? This is not the emergency broadcasting system.
 
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