Book Credit Repair – How to Apply Credit Repair Techniques
September 3rd, 2010
Rene C. Alexander asked:
Book credit repair techniques are a great asset for those of us with less than perfect credit. Be it past mistakes with credit debt or identity theft. There’s always something you can do to better your credit score. Take me for example, after an economic slow down I had some credit problems. I was honestly ready to throw in the towel. I tried just about everything, disputing, negotiating with the collection companies, you name it. I stopped just shy of a new identity. I read it was illegal.
The only thing that kept me going was my faith that I was going to better my credit myself and get back on tract with my credit. I wasn’t trying to skip on my debt. I simply wanted to lessen the damage. I started to follow closely a book on credit repair that outlined, in detail how to apply some credit repair techniques. The first time around you never catch everything the way you should so I gave it another read and I found myself understanding a lot more of what I was reading.
Here’s how I applied the validating debt technique to get one collection company off my record. The FDCPA legislation states that you can request documented proof, from a collector within a 30 days window from receipt of the collection letter. What you want is documented proof that they now own the account. You can also request for an accounting of the amount they say you owe. If the company can’t furnish the documentation they have to stop reporting it and all their collection efforts have to stop.
I wasn’t aware that you could do this. Asking for proof was the last thing on my mind. That being said it didn’t occur to me that it could be a way of getting them of my back and my credit report. This particular book and credit repair technique also covered many of the FCRA or Fair Credit Reporting Act, sections that you want to be familiar with as you work through your credit report.
In my case, I was able to remove most of the collections and settle on the ones I wasn’t able to have removed or deleted. On accounts settled, I paid in the percentage of 30 to 40 percent of what I owed. You’ll be surprised how flexible some of these companies will be once they understand you know your rights and know what they can do and not do to collect from you.
To keep it short, this is only one of the techniques I applied to help clear my credit. I did other things like comb through my credit report looking for duplicates to dispute, re-aging violations and a few others. The first step is learning to read the report. There’s a lot of numbers and stuff on those pages. Not all of it was useful to me. Learning how to read it was my first step.
Yolanda
Book credit repair techniques are a great asset for those of us with less than perfect credit. Be it past mistakes with credit debt or identity theft. There’s always something you can do to better your credit score. Take me for example, after an economic slow down I had some credit problems. I was honestly ready to throw in the towel. I tried just about everything, disputing, negotiating with the collection companies, you name it. I stopped just shy of a new identity. I read it was illegal.
The only thing that kept me going was my faith that I was going to better my credit myself and get back on tract with my credit. I wasn’t trying to skip on my debt. I simply wanted to lessen the damage. I started to follow closely a book on credit repair that outlined, in detail how to apply some credit repair techniques. The first time around you never catch everything the way you should so I gave it another read and I found myself understanding a lot more of what I was reading.
Here’s how I applied the validating debt technique to get one collection company off my record. The FDCPA legislation states that you can request documented proof, from a collector within a 30 days window from receipt of the collection letter. What you want is documented proof that they now own the account. You can also request for an accounting of the amount they say you owe. If the company can’t furnish the documentation they have to stop reporting it and all their collection efforts have to stop.
I wasn’t aware that you could do this. Asking for proof was the last thing on my mind. That being said it didn’t occur to me that it could be a way of getting them of my back and my credit report. This particular book and credit repair technique also covered many of the FCRA or Fair Credit Reporting Act, sections that you want to be familiar with as you work through your credit report.
In my case, I was able to remove most of the collections and settle on the ones I wasn’t able to have removed or deleted. On accounts settled, I paid in the percentage of 30 to 40 percent of what I owed. You’ll be surprised how flexible some of these companies will be once they understand you know your rights and know what they can do and not do to collect from you.
To keep it short, this is only one of the techniques I applied to help clear my credit. I did other things like comb through my credit report looking for duplicates to dispute, re-aging violations and a few others. The first step is learning to read the report. There’s a lot of numbers and stuff on those pages. Not all of it was useful to me. Learning how to read it was my first step.
Yolanda
