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kerosene · 05-03-2005, 10:15 PM

I believe the credit beaureaus have 30 days to investigate any corrections you ask for. If they don't do this, they are punishable by fine of 1000.00. You can sue them. If they don't hear from the creditor or are unable to verify what is on the report they have to remove it...at least this is how it was 3 years ago. I went through the process of cleaning up my credit report back then and was able to raise my score on all 3 reports by about 100 points. I wrote them some letters and sent via certified mail. It took about 4 months or so, but it was worth it at the time. I had a ton of collections stuff on there. There is a lot of info out there, but beware of "credit repair" agencies and "credit counseling" services. They may do more harm than good.

There use to be a good forum out there called creditreportrights.com, but I think it is gone, now. I haven't found anything that good, since. Probably got shut down, because people were finding a way around the system.

05-03-2005, 10:15 PM	#3
kerosene Touring the facilities Join Date: Nov 2002 Location: The plains of Colorado Posts: 3,476	I believe the credit beaureaus have 30 days to investigate any corrections you ask for. If they don't do this, they are punishable by fine of 1000.00. You can sue them. If they don't hear from the creditor or are unable to verify what is on the report they have to remove it...at least this is how it was 3 years ago. I went through the process of cleaning up my credit report back then and was able to raise my score on all 3 reports by about 100 points. I wrote them some letters and sent via certified mail. It took about 4 months or so, but it was worth it at the time. I had a ton of collections stuff on there. There is a lot of info out there, but beware of "credit repair" agencies and "credit counseling" services. They may do more harm than good. There use to be a good forum out there called creditreportrights.com, but I think it is gone, now. I haven't found anything that good, since. Probably got shut down, because people were finding a way around the system.