Finally, The Truth About Credit Repair and Free Credit Reports
Advertisements are everywhere these days selling books, systems and secrets to help you improve your credit. Most of these programs have claims which read like the covers of supermarket tabloids:
“In three hours my credit score went from 580 to 676!”
“Eradicate bad credit and annihilate your debts with just 2 Magic Letters!”
Are these types of claims ALWAYS too good to be true? The answer is Yes and no.
There are many people would love for you to think that the only thing that can rehabilitate bad credit is time, in reality, nothing could be further from the truth. The fact is, time is only one of any number of factors which can fix any given credit report, but it’s far from being the only factor. How can I say this? Easy.
Under a consumer protection law known as the Fair Credit Reporting Act (aka the FCRA), the only negative information which can be left on your credit report is not what is accurate, but only negative information that can be proved as accurate under the FCRA. What in the world does this mean to you?
It means any...