Credit Reports - Yours For Free
Before you can begin a credit repair program, there is one essential first step - you will need to get your credit reports! Sounds pretty obvious, but there are several ways to do this, each of which vary in difficulty and price.
The most convenient way to obtain your credit reports is to let a credit repair service get them for you.
However, this course of action can have unintended consequences.
Ironically, having a credit repair company obtain your report can actually damage your credit, as it is perceived as evidence that you are having a hard time with your finances.
Why else would you be consulting a credit repair service? Also an incorrectly handled credit report request may violate some aspects of the Fair Credit Reporting Act (FCRA) by the very people who are supposed to understand it the best.
The FCRA prohibits the sale of credit reports to third parties except for very specific "permissible purposes.
" And what are those permissible purposes? Section 604 of the FCRA defines these as credit and insurance underwriting, employment and rental screening and exceptions made by the courts for legal proceedings.
To protect your privacy, third parties are not supposed to obtain credit scores simply for matters such as credit repair.
Fortunately a simple remedy exists - get your credit reports yourself and to do it for the cost of zero! The United States government requires that you be given your full credit reports if you request them in person.
Therefore there is no reason why you should not be able to get your reports for free, and with no strings attached.
Once you have your reports in your own possession and have had the chance to review them at your leisure, then you can feel free to bring them to a credit repair professional.
Together can evaluate your specific situation and you can start your own credit repair process with the confidence that comes from having started the process correctly and being within your rights.
If you would like more information about how you can obtain your credit reports for free and with your privacy fully protected please feel free to call us.
The most convenient way to obtain your credit reports is to let a credit repair service get them for you.
However, this course of action can have unintended consequences.
Ironically, having a credit repair company obtain your report can actually damage your credit, as it is perceived as evidence that you are having a hard time with your finances.
Why else would you be consulting a credit repair service? Also an incorrectly handled credit report request may violate some aspects of the Fair Credit Reporting Act (FCRA) by the very people who are supposed to understand it the best.
The FCRA prohibits the sale of credit reports to third parties except for very specific "permissible purposes.
" And what are those permissible purposes? Section 604 of the FCRA defines these as credit and insurance underwriting, employment and rental screening and exceptions made by the courts for legal proceedings.
To protect your privacy, third parties are not supposed to obtain credit scores simply for matters such as credit repair.
Fortunately a simple remedy exists - get your credit reports yourself and to do it for the cost of zero! The United States government requires that you be given your full credit reports if you request them in person.
Therefore there is no reason why you should not be able to get your reports for free, and with no strings attached.
Once you have your reports in your own possession and have had the chance to review them at your leisure, then you can feel free to bring them to a credit repair professional.
Together can evaluate your specific situation and you can start your own credit repair process with the confidence that comes from having started the process correctly and being within your rights.
If you would like more information about how you can obtain your credit reports for free and with your privacy fully protected please feel free to call us.
