As you research credit repair online, this will most likely be a question you will be asking yourself. Amidst all the information that is online regarding credit repair, you might begin to wonder if credit repair is actually possible, or even legal. To put your mind at ease, yes, credit repair is indeed possible and legal and it is a right which the U.S. government protects.

You’re Not Expecting Credit Bureaus and Creditors to Help You Are You?

In the credit world, creditors and credit bureaus would like you to think that credit reporting is infallible and unchangeable. In reality, it is in their interest only for you to believe this.

Collecting or reporting debts is the lifeline of creditors and credit bureaus. If this lifeline is removed, they are in trouble. If you decide to rebuild your credit, their very livelihood is at stake. For this reason, there is a vast amount of confusion as to the practice of credit repair.

With regard to your legal rights, the Fair Credit Reporting Act (FCRA) was enacted to protect your right to challenge any negative entries or information shown on your credit report. This is information which the lending agencies would prefer you didn’t know.

If you decide to dispute any negative information on your credit report, the FCRA requires creditors and credit bureaus to investigate your claim and report back to you with their findings. They may take up to 30 days to investigate and, if the negative entry cannot be verified, it must be deleted. This is one way of legally rebuilding your credit and boosting your credit score.

Fixing Your Credit Report Can Be Quick and Relatively Painless

It would be silly to live with bad credit when you could easily raise your credit score by erasing negative entries, which could otherwise remain on your credit report for 7 years. If you are ready to take the plunge and rebuild your credit, the legal professionals at Lexington Law can help guide you through the credit repair process. Think about giving them a call and talking to one of their credit attorneys today.

Discover how I raised my credit score from 582 to 745 in four months with the help of Lexington Law. Learn the truth about quickly and effectively deleting bad credit at www.creditforcouples.com.

categories: lexington law,lexington credit repair,credit reports,credit repair,online credit repair

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