*Loan,banking and credit>>>credit repair

How do the credit repair companies fix your credit?

Iv'e heard they send letters but how can I learn aboutit to do this for myself and my friends and family?
only serious answers.

Ok, I can see that I am going to have to dispell the myths about credit restoration.

Can you do it yourself? You bet you can. Can you repair your car yourself? You bet you can. Can you build your own house? You bet you can. Can you represent yourself in court? You bet you can. Get the point?

Saying that credit restoration is not legit just because people don't know the laws and haven't taken the time to learn how to do it is just like saying that mechanics aren't legitimate because so many people don't take the time to learn how to repair their cars. Or lawyers, or contractors, plumbers, accountants, electricians, appliance repairmen (or women), etc. That is just an irresponsible statement by people who haven't taken the time to truly educate themselves.

Credit restoration requires much more than just writing letters. One has to have an in depth understanding of the 340 different laws contained in the Fair Credit Reporting Act. One can't just write a letter to the credit bureaus and say "I dispute the validity of the information contained in my report." That will only get you so far. (Kudos to the gentleman above who made it work by accident! You got lucky.) You have to be able to identify many reasons why the information is not valid. You have to be able to cite case law supporting your claim. You have to know the law to be able to use the law.

That is the reason that there are ONLY THREE legitimate credit restoration companies in the United States. JUST THREE. They meet not just the requirements of their respective States for licensing, bonding and insurance, but they have demonstrated the ability OVER TIME, to consistantly produce results for their clients. It is reprehensible to disparage the good work these people do just because you THINK you know a few things about the FCRA and you can fill out a few forms you downloaded from a website.

If anyone wants to know the TRUTH about credit restoration (not that claptrap quoted in the supposed Credit Bible) you may email me with any questions and I will answer you honestly and unbiasedly. My email is nebula7693@yahoo.com Source(s): I AM a licensed credit advisor
The Fair Credit Reporting Act (I HAVE read it)
http://creditconcerns.blogspot.com/2007/... (a little article I wrote in my blog about how to tell the difference between the legitimate credit restoration companies and the not so legitimate)

just by a few clicks on the keyboard.
I went online to check out my credit with agencies last year,and there was way you can challenge any thing that they said bad about you,so I challenged anything negative I saw,such as accounts that have been paid for years and closed,and my credit was cleaned up after a few months.
For the most part this is a scam. Credit bureaus can only report what they can prove, so what these companies do is send out letters challenging ever piece of bad credit someone has. Once the credit bureaus receive these letters they have to remove the bad items until such time as they can verify them as correct, then they reappear on your credit report. So, for while, your credit looks a lot better since this process can easily take 60 to 90 days to do.
They send letters disputing items on your credit report whether accurate or not. They hope that either the credit bureau will accept the letter or that the creditor will not be able to support its claim.

You can buy books that teach you have to do it. Do a search to find them.

The credit bureaus do have the right to reject these disputes out of hand if they think they are fradulent. And they do fight a lot of these claims, so I am not certain that you will be very successful in spite of claims made to the contrary.
http://www.credit-yourself.com/credit-re...
There are several good books that will lead you step by step including the letters that are sent.

http://www.cafelaw.com/creditbks.html...

And, according to the Federal Trade Commission, Self-Help may be the best credit repair advice. See:

http://www.ftc.gov

Hope this helped and good luck in your quest.