| Have you ever wondered what companies send you | | | | which can remain on your credit report is not what is |
| when they claim you can erase your bad credit | | | | accurate... but what can be proved as such. What's |
| overnight? How about those ads that say you can | | | | this mean to you? |
| get any major credit card 100% Guaranteed | | | | It means any negative item on your credit report can |
| regardless of your credit? | | | | only remain there if it is accurate and CAN BE |
| Ads abound almost everywhere (online and off) | | | | PROVED AS ACCURATE under the guidelines of the |
| selling books, systems and secrets to help you fix | | | | FCRA. This undisputable fact presents consumers |
| your credit in a hurry. Many of these programs have | | | | with both good news and bad news. The good news |
| claims which read like the covers of supermarket | | | | is that through the FCRA your credit score can most |
| tabloids "In 3hrs my credit score jumped from 580 to | | | | likely be improved dramatically in a very short period |
| 676!"... "Erase bad credit and smash your debts with | | | | of time with only a modest amount of effort on |
| just 2 Magic Letters!". "Create a completely new | | | | your part. |
| credit file in 24hrs!" Are these types of claims | | | | The bad news is that while the actual "work" will |
| ALWAYS too good to be true? The answer is "Yes | | | | take very little of your time, it is vital that you have |
| and... no". | | | | good information on "how" to go about it. This is the |
| While many people would love for you to believe | | | | bad news; 9 out of 10 courses on restoring your |
| that the only thing that can fix bad credit is time; in | | | | credit will do nothing more than lead you into a snake |
| reality... nothing could be further from the truth. The | | | | pit. This is because they provide you with out-dated |
| fact is, time is only one factor which will fix a credit | | | | "Boiler Plate" dispute letters which are rarely |
| report (but it's a far cry from being the only factor). | | | | effective. These are nothing more than form letters |
| How can I back this up? Easy. Under a consumer | | | | and... quite frankly (more bad news) the Credit |
| protection law known as the Fair Credit Reporting | | | | Bureaus and Creditors will laugh at you if you try to |
| Act (a.k.a. the FCRA) the only negative information | | | | use them. |