3 Major Credit Report Agencies
2010
Is it worth my time to contact the collection agencies the accounts of the credit bureaus have already found?
I fixed mine and my husband's credit. I have already sent letters to the three major credit bureaus asking them to check most of our accounts. Basically we are trying achieve what we removed from our reports, so you can concentrate on getting the remaining points paid. Some items were deleted and some "verified". I read that the credit bureaus have a very simple method to check these things and not go into detail to ensure that the account is valid. It would be useful for my time to write now collection agencies of the remaining elements asking detailed evidence of these accounts are ours, with the hope that there could be information sufficient to validate and will be removed?
Sure. You'd be surprised how often collection agencies losing or never necessary documents to prove the debt. A number of foreclosures in Massachusetts were deported because lawyers could not find the necessary documents to prove ownership of the mortgage bank. You may try to call the original creditor. The state of the obligation of suggestion is a good thing. If something is beyond the statute of limitations may apply be removed from your credit report. Another thing you can try going to the creditors and say "we will pay $ X if you agree that this removed from our credit report." If they agree, that in writing before paying. How scores are calculated is very mechanical and bureaucratic, and can be gamed. "One way in which your score credit is calculated based on the number of times you pay on time. If you pay your credit card bills every 15 days there will be more "pay on time" periods, and your credit score faster. Are there any accounts in your credit file that are about to maximized? This hurts your credit. If you pay the creditor or talking on increasing your credit limit help your credit. Never dispose the oldest account on your credit report.
(PART 3 of 8, 08.21.10) AAWP: Debt Settlement & Credit Repair with Robert Childs
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