How do I get my credit on track?
Why Allen Michael?
If your credit has been impacted by bankruptcy or other financial setbacks, your score may fall below the national average. The good news? Many items on credit reports can be incomplete, outdated, inaccurate, or even unverifiable—and that’s where we come in.
The concept is quite simple...
Inaccurate negative information on your credit report can significantly impact your credit score.
So what can you do about it?
You have three options:
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Ignore it—and hope it resolves on its own (it usually doesn’t).
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Handle it yourself—knowing it can be time-consuming, complex, and frustrating.
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Work with experienced professionals who understand the process and how to effectively challenge questionable items.
It’s important to take action to address any inaccurate or unverifiable negative information on your credit report.
In today’s market—where lenders are tightening credit requirements—this can be the difference between getting approved or turned away.
By law, credit bureaus must remove any inaccurate or unverifiable items from your credit report—for free.
FCRA Summary of Rights
Consumer reporting agencies
may not report outdated
negative information.
In most cases, a consumer reporting agency may not report negative information that is more than seven years old, or bankruptcies that are more than 10 years old.
If you identify information in your file that is incomplete or inaccurate, and report it to the consumer reporting agency, the agency must investigate unless your dispute is frivolous. See www.ftc.gov or an explanation of dispute procedures.
You have the right to dispute
incomplete or inaccurate information.
Inaccurate, incomplete or unverifiable information must be removed or corrected, usually within 30 days. However, a reporting agency may continue to report information it has verified as accurate.
Consumer reporting agencies must correct or delete inaccurate, incomplete, or unverifiable information.
