Do It Yourself Credit Repair vs. Credit Repair Service
When you are researching how to repair your credit report, you will have two choices. You can do it yourself or you can hire a service to do it on your behalf.
Each approach has benefits. For do it yourself credit repair, you will be able to provide any additional evidence that an item is incorrect. You also will be creating the letters yourself and saving money.
The cons of doing it yourself are; it is time consuming. Because you will have to send a letter to each bureau for each bad credit mark. For example if you have one negative mark on each of your credit reports, you will have to send a dispute letter to each credit bureau.
Another drawback is it will take a lot of organization; this is a result of bureaus not investigating upon receipt of the first dispute letter. It is common practice for the bureaus to respond with a letter requesting more information about the dispute, this is a stall tactic.
The bureaus have found this to be a more cost effective method, than to hold the investigations. This is because most get frustrated and give up here.
Also it is common for individuals to dispute credit the wrong way. This means they will;
1. Mail dispute letters too frequently.
2. Provide a frivolous reason for the dispute.
3. Dispute too many items at one time.
The benefit of hiring a service to do it on your behalf is; they have a comprehensive knowledge of the ever evolving credit laws. These laws can often be used to help you and more effectively remove negative credit.
This is how services work; you will forward a copy of your credit report and mark what items you wish to dispute. The service will write a letter and send it off to the bureaus.
The service will continue to send letters and overcome any stall tactics the bureaus often use. You will then receive deletion letters in the mail from the bureaus.
You will forward these deletion letters to the service and the process continues. They will handle all the organization, and give you with a contact if you want to talk with someone about your case.
Additionally a service has more advanced dispute techniques than an individual. For example a service can use; escalated dispute information requests, debt validation, and creditor direct intervention.
In sum we do suggest a service as these are professionals. However either method is sufficient and can help you repair your damaged credit report. Stop just living with the high cost of bad credit and take action to get the high score and better life that you deserve.
Each approach has benefits. For do it yourself credit repair, you will be able to provide any additional evidence that an item is incorrect. You also will be creating the letters yourself and saving money.
The cons of doing it yourself are; it is time consuming. Because you will have to send a letter to each bureau for each bad credit mark. For example if you have one negative mark on each of your credit reports, you will have to send a dispute letter to each credit bureau.
Another drawback is it will take a lot of organization; this is a result of bureaus not investigating upon receipt of the first dispute letter. It is common practice for the bureaus to respond with a letter requesting more information about the dispute, this is a stall tactic.
The bureaus have found this to be a more cost effective method, than to hold the investigations. This is because most get frustrated and give up here.
Also it is common for individuals to dispute credit the wrong way. This means they will;
1. Mail dispute letters too frequently.
2. Provide a frivolous reason for the dispute.
3. Dispute too many items at one time.
The benefit of hiring a service to do it on your behalf is; they have a comprehensive knowledge of the ever evolving credit laws. These laws can often be used to help you and more effectively remove negative credit.
This is how services work; you will forward a copy of your credit report and mark what items you wish to dispute. The service will write a letter and send it off to the bureaus.
The service will continue to send letters and overcome any stall tactics the bureaus often use. You will then receive deletion letters in the mail from the bureaus.
You will forward these deletion letters to the service and the process continues. They will handle all the organization, and give you with a contact if you want to talk with someone about your case.
Additionally a service has more advanced dispute techniques than an individual. For example a service can use; escalated dispute information requests, debt validation, and creditor direct intervention.
In sum we do suggest a service as these are professionals. However either method is sufficient and can help you repair your damaged credit report. Stop just living with the high cost of bad credit and take action to get the high score and better life that you deserve.
About the Author:
For a free credit consultation call 1-866-246-7311. Or for more tips to delete bad credit and for a review of Lexington Law Firm a suggested credit repair service.
posted by Credit Counseling at
6:04 AM
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