June 21st, 2011
I wanted to write this blog in conjunction with my
credit repair blog as this is extremely important to know. Many people are scared to death of collection companies and creditors. Especially when it comes to smaller collection accounts. Here is what I have noticed in my credit repair experience…
Most small time collections, say from a grocery store, small doctor bill, credit card bills, or other minor random things, do not pursue legal actions. In most cases, they simply harass you personally and report the negative item to your credit reports. At which point you have to then deal with credit repair, which honestly sucks.
The item reported then usually will go through a cycle of sales. Meaning it is sold from collection company to collection company. Which may sound bad, but in the… Read the rest...
Tags: actions taken against debt, creditor collection procedures, debt collector practices, garnishment, judgement, lien
Posted in Consumer Credit | Add Comment »
June 21st, 2011
I have learned a lot during my time working with a mortgage company as a loan processor and also in repairing my own credit, which I so irresponsibly destroyed in my younger years. Tons of training, research, and personal experience have taught me the ways of credit repair. Now my friends and family are all asking me how I did it. So I want to share it with you.
If you have several collections that you are working on, then I recommend getting Equifax 3 in one credit monitoring that notifies you of changes to all 3 reports. I have been a member for many years and it has been really helpful in my credit repair. It lets me know immediately when something changes. If you don’t have that, then you have to wait around to get updates from… Read the rest...
Tags: credit repair, credit report dispute, delete collection, dispute collection account, dispute Equifax, dispute Experian, dispute TransUnion, DIY credit repair, do it yourself credit repair, remove collection account
Posted in Consumer Credit | 1 Comment »
June 20th, 2011
I am in the process of trying to get a lien status updated to show paid/released with the three credit bureaus Experian, Equifax, and TransUnion. As usual, I have found myself extremely frustrated with their websites and procedures for handeling customer services. I found that they make it very difficult just to get their mailing address for credit file disputes.
It seems to me that they have set out with the goal of forcing you to obtain a new credit report before allowing you to have their dispute mailing address. They are very strategic about it. Especially Experian. They have it set up so that if you are entitled to a free credit report, you can only view it one time. Then if you do not make note of the file number and need to dispute another item at… Read the rest...
Tags: credit bureau, credit bureau mailing address, credit report, Equifax, Equifax dispute mailing address, Experian, Experian dispute mailing address, TransUnion, TransUnion dispute mailing address, unfair credit reporting
Posted in Consumer Credit | 5 Comments »
