How do I fix a ding on my credit score? That question comes across many peoples minds, especially after they have been denied a loan or financing of some sorts.
If that question is on your mind the tips below will help you clean up your credit report.
How To Erase Negative Credit ScoresWith Self credit Repair Before you can start your self credit repair you are going to need a copy of your report and the account numbers of the bad accounts.
You can easily get this information if you buy a copy of your report from each of the three bureaus which can easily be done on their websites.
The reason you should buy individual reports instead of using a tri merge or a copy of your free credit report is that there are three bureaus and they may not be reporting the same thing.
By having a copy of each bureaus report they will be easier to read and also easier to stay organized.
Once you have the information that you need regarding the ding on your credit report you will need to draft a credit dispute letter and send it into the reporting bureaus.
Once they receive your letter they are required to launch an investigation regarding your account.
They will contact the original issuing lending company and ask them to provide proof of the negative information.
Many times the companies simply do not respond or cannot respond within the thirty days they are given.
When this happens the negative item must be removed from your report.