What is credit repair and how does it work
If you have recently applied for credit and been denied because of a poor credit score that you were shocked to see, you may be in need of credit repair. This is the process of removing inaccurate information from your credit report. Negative information that isn't yours will bring down your score and seriously impact your ability to get the credit you need to buy a car, a home or even get a new job.
To err is human and it is very possible your name could have been mistakenly added to an account that you had nothing to do with. The people who report information and the credit bureaus that track credit reports are all human and mistakes are an eventuality. Unfortunately, entering one wrong number when inputting a social security number can spell disaster.
If you have found information on your credit report that you know to be inaccurate, you must begin the process of having the information removed. This can be a detailed, drawn out process that includes going back to the original creditor and working your way through collection agencies and ultimately the credit bureaus. It can be a lot of work and it can be frustrating if you don't know what to do and what your rights are. This is why hiring a professional who is trained and familiar with the process of credit repair is so helpful. You don't have to pay the price of somebody's mistake and miss out on the things you want in life because you have a poor credit score.