Credit Repair Services vs. Do It Yourself Credit Repair
When researching how to repair your credit, you will have two options. Do it yourself or hire a service to do it on your behalf.
There are benefits to each. With do it yourself, you will be able to supply any additional evidence that an item is incorrect. Also you will be writing the letters yourself and saving money.
The cons of doing it yourself are; it is time consuming. Because you will have to send a letter to each bureau for each bad credit mark. For example if you have one negative mark on each of your credit reports, you will have to send a dispute letter to each credit bureau.
Another drawback is it will take a lot of organization; this is a result of bureaus not investigating upon receipt of the first dispute letter. It is common practice for the bureaus to respond with a letter requesting more information about the dispute, this is a stall tactic.
The bureaus have found this to be a more cost effective method, than to hold the investigations. This is because most get frustrated and give up here.
Also it is common for individuals to dispute credit the wrong way. This means they will;
1. Send dispute letters too often.
2. Supply a frivolous reason for the dispute.
3. Dispute too many items at once.
The benefit of hiring a service to do it on your behalf is; they have a comprehensive knowledge of the ever evolving credit laws. These laws can often be used to help you and more effectively remove negative credit.
This is how a service will work; you will forward a copy of your credit report and indicate what items you wish to dispute. The service will create a letter and send it off to the bureaus.
The service will continue to send letters and overcome any stall tactics the bureaus often use. You will then receive deletion letters in the mail from the bureaus.
You will forward these letters to the service and this process will continue. They will do all the organization, and provide you with a contact if you want to talk with someone about your case.
In addition they have more advanced dispute techniques than an individual. For example a service can use; escalated dispute information requests, debt validation, and creditor direct intervention.
In sum we suggest a service because they are professionals. However which ever method is good and can help you repair your damaged credit report. Stop just living with the high cost of a low credit score.
There are benefits to each. With do it yourself, you will be able to supply any additional evidence that an item is incorrect. Also you will be writing the letters yourself and saving money.
The cons of doing it yourself are; it is time consuming. Because you will have to send a letter to each bureau for each bad credit mark. For example if you have one negative mark on each of your credit reports, you will have to send a dispute letter to each credit bureau.
Another drawback is it will take a lot of organization; this is a result of bureaus not investigating upon receipt of the first dispute letter. It is common practice for the bureaus to respond with a letter requesting more information about the dispute, this is a stall tactic.
The bureaus have found this to be a more cost effective method, than to hold the investigations. This is because most get frustrated and give up here.
Also it is common for individuals to dispute credit the wrong way. This means they will;
1. Send dispute letters too often.
2. Supply a frivolous reason for the dispute.
3. Dispute too many items at once.
The benefit of hiring a service to do it on your behalf is; they have a comprehensive knowledge of the ever evolving credit laws. These laws can often be used to help you and more effectively remove negative credit.
This is how a service will work; you will forward a copy of your credit report and indicate what items you wish to dispute. The service will create a letter and send it off to the bureaus.
The service will continue to send letters and overcome any stall tactics the bureaus often use. You will then receive deletion letters in the mail from the bureaus.
You will forward these letters to the service and this process will continue. They will do all the organization, and provide you with a contact if you want to talk with someone about your case.
In addition they have more advanced dispute techniques than an individual. For example a service can use; escalated dispute information requests, debt validation, and creditor direct intervention.
In sum we suggest a service because they are professionals. However which ever method is good and can help you repair your damaged credit report. Stop just living with the high cost of a low credit score.
About the Author:
For a free credit consultation call 1-866-246-7311. Or for more tips to delete bad credit and remove negative marks such as a charge off visit us.
posted by Debt Consolidation Loan at
1:21 PM
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