Many credit disputes arise from real causes: failure to deliver a product, defaulting on a loan, etc. Others are misunderstandings or arise from identity/credit card theft. A consumer may be saddled with a credit report that doesn’t reflect reality. The available remedies revolve around whether the consumer in fact followed established laws and regulations. If so, there is an excellent chance of correcting errors by using tools like credit repair software. Knee-jerk payment of an “overdue” bill may not be the proper way to repair credit. The first task is to establish the facts.
To manage your case, you must conscientiously keep copies of all correspondence with your creditor and with credit bureaus. Advisers often tell clients to get a timestamp machine that prints “Received” and the current date and time on documents. Emails are already timestamped – you should take care to put all email pertinent to a dispute into a separate folder and protect it from deletion. You will also want to keep a contemporaneous journal of all activity and communications with your credit bureau.
Better yet, let credit repair software do all of these tasks for you. You can load email and scan documents into the software, and keep copious notes on all developments. It’s difficult to envision how consumers effectively fought back before the advent of credit repair software.
The software assists in creating a dispute letter that details consumer complaints about unwanted, inaccurate or fraudulent charges. The system should be able to automatically flag derogatory items and FICO scores from imported credit reports. Dispute letters may be generated by fixed templates or dynamically from information stored in the software’s database. Better software creates dispute letters that are unique, hence less likely to be filtered out as “frivolous” by a credit report agency.
With the help of credit repair software, you can reverse mistakes quickly. You also have the ability to post your own perspective on credit disputes with the three major credit bureaus. For example, suppose your credit report is completely bollixed by a stolen credit card. In the bad old days, it would have taken months or years to straighten out your credit report. Using credit repair software, you should be able to fix your report in less than a month. With proper action, you credit rating will be restored and you should be able to once again obtain credit. Without the help of credit repair software, chances are you’ll be hassling with the credit bureaus longer than necessary.
It’s surprising that more people don’t make use of credit repair software. After all, the price tag is rather low, especially in light of the valuable benefits this software provides. If you ever find yourself in the midst of a credit dispute, consider using credit repair software to correct the facts and re-establish your good credit rating.