Rebuilding credit can be a nightmare. A recent news article by 60 Minutes truly exposed how difficult it is to get the credit bureaus to do anything to help restore your credit. However, the credit bureaus must still comply with the law.
Credit reporting companies must investigate your questions within 30 days – unless they consider your dispute frivolous. They also must forward all the relevant data you provide about the inaccuracy to the organization that provided the information. After the information provider gets notice of a dispute from the credit reporting company, it must investigate, review the relevant information, and report the results back to the credit reporting company. If the investigation reveals that the disputed information is inaccurate, the information provider has to notify the nationwide credit reporting companies so they can correct it in your file.
Safe Haven Credit’s goal is to get you credit qualified, whether you need a mortgage, car, employment or just want to improve credit scores to get better rates for loans and insurance. We can help you fix your credit yourself (get our free credit repair guide) or assist you if you don’t have the time or inclination to do it yourself.