Credit Bureau Disputes

Fight Credit Bureau Disputes And Immediately Increase Credit Score

The mission of this article is to aide you during the process of learning about the credit bureau dispute process. I recommend that you print and save this article. Once the credit bureaus discover that I have released this information they will go beyond the call of duty to stop it from being distributed. The credit bureaus do not want you knowing the truth. As you continue reading this article pay close attention as I peel back the layers of misconception that the truth has been buried under.

If you were to be foolish enough to believe what the media has to say you would think that the credit bureau is set up to help the consumer. If you believe that then I guess you also believe in the lockness monster, or maybe bigfoot.

Looking at the big picture from the outside looking in, it would appear that the credit bureau is certainatly in business to help the consumers. Although that is a noble idea it couldn’t be further from the truth. A wise person once said that you should never bite the hand that feeds you. The credit bureaus are no different – they will never bite the hand that feeds them.

The credit bureaus don’t make a damn dime from helping you. Not one red cent! They are not in the business of helping consumers they are in the business of collecting and selling your information to businesses. Always keep in mind that when you are dealing with credit bureau disputes it’s never personal just business. The main goal of every business on the face of the planet is one thing… Make a profit.

Let’s touch on what you have discovered so far. You should now know that the credit bureau’s are considered to be big business, and the goal of all business is to make a profit. With that understanding take a second to consider this… If the credit bureaus where to help the consumer, they wouldn’t make any revenue. The bottom line is it’s all about the money and you are the one that ends up loosing out if you don’t understand how the process works.

Credit repair is a numbers game and it is fought on two fronts simultaneously. The first front is establishing new lines of credit which is outside the realm of this article. The second front is fought via credit bureau disputes. This is a series of letters that you send to the three major credit bureaus disputing any false claims that you have found on your credit report. The good news is the law is on your side and you can force the credit bureaus to help you if they fail to do their jobs.

After mailing out your letters of disputes the credit bureaus have 30 days to investigate and respond to your allegations. If they fail to respond by law they have to remove any accusations that you have disputed.

A recent survey that I had taken shows that 93% of individuals that attempt to repair their own credit will use a template that they have found on the Internet. This is a HUGE mistake, because the credit bureau’s are aware that this is a template which is a sure giveaway that you don’t know what you are doing. They have an arsenal of tricks that they will use to trick you into extending the 30 day process. For example they will give you a friendly little call asking questions about your dispute letter.

At first it seems like a harmless call, but in reality if you take the call it resets the time and gives the credit bureaus an additional 30 days. The best way to avoid getting caught up in the credit bureau’s spider web of deception is to avoid them by any means necessary until the 30 days are up.

I hope that you have found this information to be helpful. For more detailed information regarding credit bureau disputes visit my blog. Or you can discover how I have taught hundreds of individuals just like you to win credit bureau disputes in record time themselves.