Can Bad Credit Be Deleted?
Absolutely. Negative incorrect items on credit reports are deleted by the tens of thousands every single day. You can rest assured that there is nothing illegal about challenging and having an incorrect item removed on your cedit report.
However, there is no overnight miracle solution and legal credit repair takes some diligent work.
But what about severely negative items like bankruptcy, foreclosure, repossession, and tax liens? Can those be removed as well?
Yes, they can and it is done on a daily basis. If there is any incorrect aspect (however small it may seem) of those entries on a credit report, it can be disputed and potentially deleted if not verified to be accurate in any way.
The thing to bear in mind with deleting some of those severe items like bankruptcy, is that it must be approached in a strategic way or all the work will simply be for nothing.
For those type of items, it’s best to hire a credit repair expert so it’s done right and a plan can be mapped out around your specific situation.
The fact of the matter is, the credit reporting bureaus could care less about taking a proactive role in making sure your credit file is accurate. That’s not how they make their money…they focus primarily on selling your information for profit….so make sure to exercise your right to save money and reduce hassle in your life by cleaning up your credit report.
How is credit repair possible?
The Fair Credit Reporting Act (FCRA) allows a consumer to challenge the information on his credit report on the basis of “completeness and accuracy.” When a consumer files a dispute, the credit bureaus must contact the source of the credit information (the creditor) and confirm that the information is accurate, verifiable, and not obsolete. In some circumstances, the credit bureau is required to go beyond a simple verification of the creditor’s own computer record. If, within 30 days, the credit bureau has not received verification from the creditor, then the credit bureau must promptly delete the credit listing.
Find out more about legal credit repair here
