Credit Repair Myths Exposed
If you have done any searching on the web for info pertaining to “Credit Repair,” you have undoubtedly found that there is a great deal available. Unfortunately, there is in addition a great deal of misinformation too.
Let’s take a look at several of the most typical misstatements you will come across and look at them in detail.
MYTH #1 “Credit repair does not work!”
While it’s correct that credit repair is much more “art” than “science” that is not saying it does not work. When you tackle to fix your bad credit score, there’s never any guarantee you are able to bring it to “perfect” status. But often you can, and in virtually every case you can at the very least affect some improvement in your credit score, and oftentimes key improvement at that!
For starters, credit repair service company reviews – Going Here – reports for the most part are loaded with mistakes. While there seems to be no common understanding, it is believed that anywhere from 1/3 (Attorney General of NY) to as many as ninety % (Charles Givens Organization) of credit reports have mistakes.
Removal of erroneous damaging information alone will go a fantastic way toward improving your credit score. But there’s more in the story, that brings us to myth #2.
Myth #2
“Negative information that can be verified can’t be removed”
This is one of those statements that are “almost” true, but taken practically is misleading. As is usually the case, the inclusion (or maybe exclusion) of a single seemingly small word helps make the difference in a truthful statement, plus one that’s not (or not necessarily) accurate.