So you want to purchase a home in the near future, or … you want to refinance your current loan but you have some dings on your credit report that are preventing you from obtaining the best loan possible. What do you do?
You could hire a “professional” credit repair company or, better yet, get educated a little and work on it yourself. Many of these credit repair company’s charge thousands of dollars for very questionable results. You have rights to help you protect your credit and you need to know what these are in order to restore your good credit rating.
Just about everyone’s credit report contains errors that is hurting your credit score. The first thing you need to do is to get a copy of your credit report. You can get a free annual credit report, or pay for one from a number of other sources including: Equifax, Experian, TransUnion, and others.
Then visit the FTC’s website outlining what your rights are and what to do about credit reporting errors and on how to improve your credit.
Be diligent and keep detailed records and call/email logs. Good Luck!