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Clean Credit Report: Easily Raise Your Credit Score 100 Points!
Clean Reports, your report contains information about where you work, live and how you pay your bills (On time or not). It also may show whether you've been sued, arrested or have filed for bankruptcy with in the last 10 years. Companies called consumer reporting agencies (cra) or bureaus compile and sell your report to businesses all over the world. Clean Reports, many financial advisors suggest that you periodically review your report for inaccuracies or omissions. This could be especially important if you're considering making a major purchase, such as buying a home. Checking in advance on the accuracy of information in your file could speed the credit-granting process, clean is a must. Because businesses use this information to evaluate your applications for credit, insurance, employment, and other purposes allowed by the Fair Reporting Act (FCRA), it's important that the information in your report is complete and accurate. Whenever you apply for any type of or financing, a report is pulled from at least one of the three major bureaus. You want a clean report to be pulled. While there are hundreds of smaller bureaus around the country, virtually every bureau is affiliated with either Experian, Trans Union, or Equifax. Getting Your Clean ReportIf you've been denied credit, insurance, or employment because of information supplied by a reporting agency, the FCRA says the company you applied to must give you the agency's name, address, and telephone number. If you contact the agency for a copy of your report within 60 days of receiving a denial notice, the report is free. In addition, you're entitled to one free copy of your report a year. If you simply want a copy of your report, call each bureau listed since more than one agency may have a file on you, some with different information. The three major national bureaus are: Equifax, P.O. Box 740241, Atlanta, GA 30374-0241; (800) 685-1111. Experian (formerly TRW), P.O. Box 2002, Allen, TX 75013; (888) EXPERIAN (397-3742). Trans
Union, P.O. Box 1000, Chester, PA 19022; (800) 916-8800. Correcting Errors For Clean Credit.To protect all your rights under the law and to keep your clean contact both the CRA and the information provider. First to get clean reports, tell the reporting agency in writing what information you believe is inaccurate. Include copies (please keep your originals) of documents that support your position. In addition to providing your complete name and address, your letter should clearly identify each item in your report you dispute, state the facts and explain why you dispute the information, and request deletion or correction. Always keep copies of your dispute letter. They must reinvestigate the items in question, usually within 30 days, unless they consider your dispute frivolous. They also must forward all relevant data you provide about the dispute to the information provider. After the information provider receives notice of a dispute from the CRA, it must investigate, review all relevant information provided by the CRA, and report the results to the CRA. If the information provider finds the disputed information to be inaccurate, it must notify all nationwide CRAs so they can correct this information in your file. Disputed information that cannot be verified must be deleted from your file, then you will recieve a clean report, with that item removed. If your report contains erroneous information, the CRA must correct it(clean credit). If an item is incomplete, the CRA must complete it. For example, if your file showed that you were late making payments ( 30 days or more), but failed to show that you were no longer delinquent, the CRA must show that you're current. If your file shows an account that belongs only to another person, the CRA must delete it.
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