Beware of companies that promise to help you re-establish your credit for a fee. Their ability to change the information that appears in your credit file is no
different than anyone else! Only your creditors are able to alter this information. Therefore you do not need to pay a third party to obtain, discuss, review or make changes to your credit
report. You have the right to access your information and make changes to your file if there is an inaccuracy or if you want to include a comment.
Remember this when it comes to hiring a credit repair company
A credit bureau will not remove accurate negative information from your credit report before the legal time period has expired. Therefore, do not believe anyone who claims they can get negative
information removed from your credit report faster than is legally required.
There are no "loopholes" or laws that credit repair companies can use to get correct information off your credit report.
No credit repair company can do anything you can't do for yourself. It is impossible for a third party to make changes in your file if the facts have been correctly reported. There are
individuals and companies that claim they can fix a bad credit file. This is not the case. If a file includes accurate, yet negative information about your credit history, this information
cannot be changed. Information will only be changed when your file contains an inaccuracy.
The only way to rectify a poor credit rating is to adopt sound credit practices for a period of time.
You may want to also read Statute Of Limitations Law on old past due debt
Read more on credit repair companies and Bad Credit Report Repair
Read how credit repair companies offer New Identification To Erase Bad
Credit