From time to time I like to give some resources I feel will help you with "DIY" Do It Yourself credit repair. Once I get more information on the bailout and the real effects it will have on all of our abillity to obtain credit I will update the blog.
Two years ago, a credit score of 620 seemed like a sure bet to get financing rates to buy a car, purchase a house, get an equity line or receive a credit card.
In today’s market however a minimum of 700 – 720 is what most lenders are looking for in today credit crisis. Lower credit scores in the range of 620 – 699 are still able to get financing but rates and the terms are much tighter than over the last two years. If you are below 620 you need to correct the problems on your credit report before you try to get financing. Credit Help 21 has a “DIY” Do It Yourself credit repair kit with all the information and forms you need to get you back on track.
As a full time mortgage broker and credit specialist I see everyday the effects of stricter lending standards. People who could really benefit from lower rates especially on their mortgage can’t because their credit scores have gone down or there are late payments on their mortgage.
If you’re behind or struggling on your mortgage payments and foreclosure proceedings have not started, contact Loan LifeSavers for a one on one consultation. They specialize in loan modifications with a minimum savings of 25% - 50% per month off your current mortgage payment. Plus they also work directly with your lender to get a principle balance reduction, late charges and fees removed. That means it’s NOT added to your mortgage balance. Don’t be a victim of the mortgage meltdown and the credit crisis. Contact Loan LifeSavers today and visit Credit Help 21 for your “DIY” Do It Yourself credit repair kit.
Are you behind on your mortgage? Need HELP? Don’t loose your house we can HELP! USA only Nationwide contact LLS!
Visit Credit Help 21 for you very own “DIY” Do It Yourself Credit Repair Kit.
If you are looking for mortgage financing or need to use a free financial calculator
Wednesday, February 25, 2009
Monday, February 23, 2009
The power to eliminate credit card debt
The power to eliminate credit card debt
People who are having problems managing their credit card debt or those who are near in bankruptcy often don’t realize that the power to eliminate their credit card debt troubles totally is in their hands. Today, more and more Americans need credit card debt help badly. The main problem is that these families are having difficult times paying high interest for credit card debt. And instead of lifting the burden of credit card debt, more people are paying much in interest every month than that of the actual expenditure.
There are actually more lawful and moral ways to zero-out thousands of dollars in credit card debts. And if you only take the time to research and know your rights and how bankruptcy laws have changed, you will discover that there are valuable facts to eliminate credit card debt. Actually, the possibility of reducing or eliminating the high interest credit card debt is now more possible when a person takes action to get his or her finances back on track.
Apart from knowing your weapon in terminating credit card debt, it is very important that you develop a sense of control and perseverance first. Since credit card debt elimination process requires organization, clarity, and commitment to your own growth, it is a must that you are ready for the responsibility and to stand free and independent.
For those people who consider having a credit card indispensable but afraid of getting one because of the possibility of credit card debt nightmare, you must remember that credit card can be a powerful tool in managing your finances but there will always be glitches when not used properly. Of course, there are countless reasons why you should and shouldn’t get one depending on your needs. Whether you decide to get one or not, managing finances it still takes a sense of good budgeting, willingness to change spending habits, and the humility to avail low interest consolidation loans when you are already burdened by too much credit card debt.
Are you behind on your mortgage? Need HELP? Don’t loose your house we can HELP! USA only Nationwide contact LLS HELP!
Get your very own “DIY” Do It Yourself Credit Repair Kit.
If you are looking for mortgage financing or need to use a free financial calculator
People who are having problems managing their credit card debt or those who are near in bankruptcy often don’t realize that the power to eliminate their credit card debt troubles totally is in their hands. Today, more and more Americans need credit card debt help badly. The main problem is that these families are having difficult times paying high interest for credit card debt. And instead of lifting the burden of credit card debt, more people are paying much in interest every month than that of the actual expenditure.
There are actually more lawful and moral ways to zero-out thousands of dollars in credit card debts. And if you only take the time to research and know your rights and how bankruptcy laws have changed, you will discover that there are valuable facts to eliminate credit card debt. Actually, the possibility of reducing or eliminating the high interest credit card debt is now more possible when a person takes action to get his or her finances back on track.
Apart from knowing your weapon in terminating credit card debt, it is very important that you develop a sense of control and perseverance first. Since credit card debt elimination process requires organization, clarity, and commitment to your own growth, it is a must that you are ready for the responsibility and to stand free and independent.
For those people who consider having a credit card indispensable but afraid of getting one because of the possibility of credit card debt nightmare, you must remember that credit card can be a powerful tool in managing your finances but there will always be glitches when not used properly. Of course, there are countless reasons why you should and shouldn’t get one depending on your needs. Whether you decide to get one or not, managing finances it still takes a sense of good budgeting, willingness to change spending habits, and the humility to avail low interest consolidation loans when you are already burdened by too much credit card debt.
Are you behind on your mortgage? Need HELP? Don’t loose your house we can HELP! USA only Nationwide contact LLS HELP!
Get your very own “DIY” Do It Yourself Credit Repair Kit.
If you are looking for mortgage financing or need to use a free financial calculator
Credit Card Debt as a silent financial killer
Credit Card Debt as a silent financial killer
Technology spoils people’s whims. It tends to cater to every human’s caprices. It feeds on the people’s undying thirst for easy, instant, and convenient. More often than not, it also causes them a lot of trouble—financial trouble through credit card debt—that is.
Credit Card convenience vs. Credit Card debt
We often see people pull out “plastic” to pay for everything they need. Why not? When all it takes is a quick swipe of the card through a little electronic box and a signature then, everything’s okay. You go home happy, content, and almost worry-free. On the other hand, not every one of these people realize that the convenience of using credit cards can lead to a false feeling of financial security. And this realization will strike them as soon as the bills arrive.
In fact, studies show that credit card debt and personal bankruptcies have increases bank profits to the highest level in the last five years. It only shows that more and more credit card holders were unable to manage their finances that lead to credit card debt. If you are a cardholder and having some credit card debt troubles at this early stage, it’ now time to think over the possible outcomes of this minor glitch so that a more serious problem with credit card debt would cease to arise.
Credit card gives people the feeling of invincibility. And it also gives them tons of uncertainty about their financial management capability when they encounter problems with their credit card debt. Although it is true that that credit cards solve financial matters especially when it comes to safety and convenience, credit cards also creates hassle especially when the person using it doesn’t know what you he or she’s getting into.
Indeed, paying off credit card debt may take a long time especially if the person has high interest rates. But, it doesn’t mean that you can do nothing about efficient management of credit card debt. When you find yourself overwhelmed with credit card debt, don’t fall into a pit of depression. You can get through it with discipline and a change in spending patterns. Start eliminating problems with credit card debt by getting tips and techniques on how to pay off your balances easier, how to consolidate of frequently encountered problems, look for free debt consultation agencies that can help you, and try—inch by inch—to rediscover ways on how you can regain your financial freedom by reducing you credit card debt.
Are you behind on your mortgage? Need HELP? Don’t loose your house we can HELP! USA only Nationwide contact LLS HELP!
Visit Credit Help 21 for you very own “DIY” Do It Yourself Credit Repair Kit.
If you are looking for mortgage financing or need to use a free financial calculator .
Technology spoils people’s whims. It tends to cater to every human’s caprices. It feeds on the people’s undying thirst for easy, instant, and convenient. More often than not, it also causes them a lot of trouble—financial trouble through credit card debt—that is.
Credit Card convenience vs. Credit Card debt
We often see people pull out “plastic” to pay for everything they need. Why not? When all it takes is a quick swipe of the card through a little electronic box and a signature then, everything’s okay. You go home happy, content, and almost worry-free. On the other hand, not every one of these people realize that the convenience of using credit cards can lead to a false feeling of financial security. And this realization will strike them as soon as the bills arrive.
In fact, studies show that credit card debt and personal bankruptcies have increases bank profits to the highest level in the last five years. It only shows that more and more credit card holders were unable to manage their finances that lead to credit card debt. If you are a cardholder and having some credit card debt troubles at this early stage, it’ now time to think over the possible outcomes of this minor glitch so that a more serious problem with credit card debt would cease to arise.
Credit card gives people the feeling of invincibility. And it also gives them tons of uncertainty about their financial management capability when they encounter problems with their credit card debt. Although it is true that that credit cards solve financial matters especially when it comes to safety and convenience, credit cards also creates hassle especially when the person using it doesn’t know what you he or she’s getting into.
Indeed, paying off credit card debt may take a long time especially if the person has high interest rates. But, it doesn’t mean that you can do nothing about efficient management of credit card debt. When you find yourself overwhelmed with credit card debt, don’t fall into a pit of depression. You can get through it with discipline and a change in spending patterns. Start eliminating problems with credit card debt by getting tips and techniques on how to pay off your balances easier, how to consolidate of frequently encountered problems, look for free debt consultation agencies that can help you, and try—inch by inch—to rediscover ways on how you can regain your financial freedom by reducing you credit card debt.
Are you behind on your mortgage? Need HELP? Don’t loose your house we can HELP! USA only Nationwide contact LLS HELP!
Visit Credit Help 21 for you very own “DIY” Do It Yourself Credit Repair Kit.
If you are looking for mortgage financing or need to use a free financial calculator .
Wednesday, February 18, 2009
Maximizing the potentials of a low APR credit card
Maximizing the potentials of a low APR credit card
Indeed, if a credit card is used properly, it can be the most powerful financial tool. But not everybody can afford all the expensive rates of most credit card issuer’s offer. This is where the low APR credit card ushers in—to help people who plan to maintain a balance on their account and not to pay the full amount monthly. But, what does APR stands for in a low APR credit card?
100% Guaranteed Approval Debit MasterCard
Basically, APR is the cost of credit as a yearly interest rate. APR stands for “Annual Percentage Rate” of charge can be used to compare different credit and loan offers. The APR on credit cards is usually calculated monthly based on the current amount in the card. The monthly interest is calculated as if the current card balance would remain the same over a year; the interest on the amount over a year (APR) is worked out and divided by 12 to give the monthly interest. It is a must that all lenders tell the client what their APR is before signing any agreement.
Although the arrangements and terms may vary from lender to another, it is better for people to avail a low APR credit card because the lower the APR, the better the deal for them to spend more money in shopping around.
Why choose a low APR credit card?
Low APR credit card is a good choice for those people who are into a tighter financial budgeting. Being the most important attribute of a credit card, APR determines the significant balance over a longer period of time.
In a low APR credit card, the amount of interest one must pay on his or her credit card balance depends on its APR because the lower the APR is, the better it is him or her because it means they have to pay less interest. APRs in a low APR credit card can either be “fixed” or “variable.”
If you are planning to have a low APR credit card, there are so many cards that offer low APRs that can be found online. These low APR credit cards are chosen using a factoring scheme that organized these cards by computing a number of their attributes to place the best deals at the top.
Some of the questions one have to ask when looking for a low APR credit card includes the charges—if they vary or a fixed rate; and if these charges are variable because it might affect the repayments and if these rate are fixed or will it stay the same. Searching for a low APR credit card may also include inquiries on the possibility of any charges that are not included in the APR like optional payment protection insurance or an annual charge. If there are any, make sure that you understand what they are and when do you have to pay them. Lastly, looking for a low APR credit card should include questions on the conditions of the credit and how would these conditions suit you.
If you are now seeking for a low Apr credit card you may begin looking for a scheme that could help you save hundreds in interest with a low interest credit card and low cost processing.
Most low APR credit card offers 0% APR for the first months on purchases, cash advances, and balance transfers. Through these, low APR credit card can warn rebates towards any item purchased. They also offer $0 liability on unauthorized purchases, and no annual fees.
Some low Apr Credit Card that have very good intro rate for purchases is recommended for those who would want to avail one. They also offer good deals if one carry high balances on other cards and need to transfer the balance.
Indeed, having a credit card can be useful and convenient, and can even help build a strong credit history that will help you with future activities like home-buying, paying for higher education, and even finding a job. But, before you apply for a card, consider the advantages and disadvantages especially with the current financial situation you are in.
CreditProvide - Over 80 Bad Credit Lenders. Bankruptcy Welcome. Click Here.
100% Guaranteed Approval Debit MasterCard
Denied a Bank Account?
Are you behind on your mortgage? Need HELP? Don’t loose your house we can HELP! USA only Nationwide contact LLS HELP!
Visit http://www.credithelp21.com/ for you very own “DIY” Do It Yourself Credit Repair Kit.
If you are looking for mortgage financing or need to use a free financial calculator go to http://www.questgroup-usa.com/
Indeed, if a credit card is used properly, it can be the most powerful financial tool. But not everybody can afford all the expensive rates of most credit card issuer’s offer. This is where the low APR credit card ushers in—to help people who plan to maintain a balance on their account and not to pay the full amount monthly. But, what does APR stands for in a low APR credit card?
100% Guaranteed Approval Debit MasterCard
Basically, APR is the cost of credit as a yearly interest rate. APR stands for “Annual Percentage Rate” of charge can be used to compare different credit and loan offers. The APR on credit cards is usually calculated monthly based on the current amount in the card. The monthly interest is calculated as if the current card balance would remain the same over a year; the interest on the amount over a year (APR) is worked out and divided by 12 to give the monthly interest. It is a must that all lenders tell the client what their APR is before signing any agreement.
Although the arrangements and terms may vary from lender to another, it is better for people to avail a low APR credit card because the lower the APR, the better the deal for them to spend more money in shopping around.
Why choose a low APR credit card?
Low APR credit card is a good choice for those people who are into a tighter financial budgeting. Being the most important attribute of a credit card, APR determines the significant balance over a longer period of time.
In a low APR credit card, the amount of interest one must pay on his or her credit card balance depends on its APR because the lower the APR is, the better it is him or her because it means they have to pay less interest. APRs in a low APR credit card can either be “fixed” or “variable.”
If you are planning to have a low APR credit card, there are so many cards that offer low APRs that can be found online. These low APR credit cards are chosen using a factoring scheme that organized these cards by computing a number of their attributes to place the best deals at the top.
Some of the questions one have to ask when looking for a low APR credit card includes the charges—if they vary or a fixed rate; and if these charges are variable because it might affect the repayments and if these rate are fixed or will it stay the same. Searching for a low APR credit card may also include inquiries on the possibility of any charges that are not included in the APR like optional payment protection insurance or an annual charge. If there are any, make sure that you understand what they are and when do you have to pay them. Lastly, looking for a low APR credit card should include questions on the conditions of the credit and how would these conditions suit you.
If you are now seeking for a low Apr credit card you may begin looking for a scheme that could help you save hundreds in interest with a low interest credit card and low cost processing.
Most low APR credit card offers 0% APR for the first months on purchases, cash advances, and balance transfers. Through these, low APR credit card can warn rebates towards any item purchased. They also offer $0 liability on unauthorized purchases, and no annual fees.
Some low Apr Credit Card that have very good intro rate for purchases is recommended for those who would want to avail one. They also offer good deals if one carry high balances on other cards and need to transfer the balance.
Indeed, having a credit card can be useful and convenient, and can even help build a strong credit history that will help you with future activities like home-buying, paying for higher education, and even finding a job. But, before you apply for a card, consider the advantages and disadvantages especially with the current financial situation you are in.
CreditProvide - Over 80 Bad Credit Lenders. Bankruptcy Welcome. Click Here.
100% Guaranteed Approval Debit MasterCard
Denied a Bank Account?
Are you behind on your mortgage? Need HELP? Don’t loose your house we can HELP! USA only Nationwide contact LLS HELP!
Visit http://www.credithelp21.com/ for you very own “DIY” Do It Yourself Credit Repair Kit.
If you are looking for mortgage financing or need to use a free financial calculator go to http://www.questgroup-usa.com/
Tuesday, February 17, 2009
What You Need To Know to Apply for a Credit Card
Over the next week I will be going over Credit Cards for all types of credit and the pit falls of two many credit cards.
One of the disadvantages of modern times is that people tend to acquire so many things they don’t really need. Numerous gadgets and services occurred targeting a vast market of consumers and this emergence of various inventions somehow blinded people.
Since finances—especially money—is one of the major concerns of many people, a wide array of financial management services and financial options emerged. One of the most visible among the unending line of financial management services there are is the credit card.
Although many people testify for the financial convenience you get when you apply for a credit card, it doesn’t mean that every financing convenience applies for you or for everybody in that matter.
When people apply for a credit card, there is always a reason. It can be for managing their finances, needing extra money or in preparation to a big expenditure. But, no matter what the reason is, people apply for a credit card because of the ultimate convenience it brings. By now, you may have had your share of ‘pre-approved’ credit card offers in your virtual and physical mail. Since people are quite vulnerable when they apply for a credit card, some credit card issuers lure these people by giving low introductory APR, no annual fee offers among numerous perks. The tendency of this so many alternatives and “value” deals is to sway the person who wants to apply for a credit card.
There are undeniably endless lists of pros and cons when you apply for a credit card, but if you really have decided to apply for a credit card, these are some of the helpful tips that can guide you on your credit card shopping journey.
Actually, there are three easy steps you should follow if you have decided to apply for a credit card. First, surf the net and do some research on credit cards. By doing this, you can familiarize yourself with different credit card terms and types. Second, you can compare numerous credit cards that would best serve your needs and lastly, you may now apply for the credit card of your choice by filling out a credit card application by visiting a bank representative or through online.
In order to find the right credit card fast and easy, first, before you apply for a credit card, make sure you mastered the credit card terms. When you apply for a credit card you must know what a “credit card” really is. Being a form of borrowing that involves charges, credit cards usually have underlying credit terms and conditions affect your overall cost. So, it’s best to compare terms and fees before you apply for a credit card and agree to open an account. Some of the important terms to be understood well include the annual percentage rate or the APR.
When you apply for a credit card, you must know how the APR affects your credit account. Being a measure of the cost of credit expressed as a yearly rate, the APR should be disclosed before you apply for a credit card so that you would not be obligated on the account and on your account statements later on. Aside from APR, the periodic rate must be disclosed to the card holder before they completely apply for a credit card so they would have an idea of their outstanding balance and finance charge for each billing period. Other important terms to know before you apply for a credit card are free period or “grace period,” annual fees, transaction fees and other charges, other costs and feature, and balance computation method for the finance charge like average daily balance, adjusted balance, previous balance, and two-cycle balances. If you’re not that type of person who is patient enough to research on all these terms, make sure that before you apply for a credit card, the issuer will give an explanation how the balance is computed and it must appear on your monthly billing statements.
Also, look on the right side of this blog for more credit card links for all levels.
Are you behind on your mortgage? Need HELP? Don’t loose your house we can HELP! USA only Nationwide contact LLS HELP!
Visit www.credithelp21.com for you very own “DIY” Do It Yourself Credit Repair Kit.
If you are looking for mortgage financing or need to use a free financial calculator go to www.questgroup-usa.com
One of the disadvantages of modern times is that people tend to acquire so many things they don’t really need. Numerous gadgets and services occurred targeting a vast market of consumers and this emergence of various inventions somehow blinded people.
Since finances—especially money—is one of the major concerns of many people, a wide array of financial management services and financial options emerged. One of the most visible among the unending line of financial management services there are is the credit card.
Although many people testify for the financial convenience you get when you apply for a credit card, it doesn’t mean that every financing convenience applies for you or for everybody in that matter.
When people apply for a credit card, there is always a reason. It can be for managing their finances, needing extra money or in preparation to a big expenditure. But, no matter what the reason is, people apply for a credit card because of the ultimate convenience it brings. By now, you may have had your share of ‘pre-approved’ credit card offers in your virtual and physical mail. Since people are quite vulnerable when they apply for a credit card, some credit card issuers lure these people by giving low introductory APR, no annual fee offers among numerous perks. The tendency of this so many alternatives and “value” deals is to sway the person who wants to apply for a credit card.
There are undeniably endless lists of pros and cons when you apply for a credit card, but if you really have decided to apply for a credit card, these are some of the helpful tips that can guide you on your credit card shopping journey.
Actually, there are three easy steps you should follow if you have decided to apply for a credit card. First, surf the net and do some research on credit cards. By doing this, you can familiarize yourself with different credit card terms and types. Second, you can compare numerous credit cards that would best serve your needs and lastly, you may now apply for the credit card of your choice by filling out a credit card application by visiting a bank representative or through online.
In order to find the right credit card fast and easy, first, before you apply for a credit card, make sure you mastered the credit card terms. When you apply for a credit card you must know what a “credit card” really is. Being a form of borrowing that involves charges, credit cards usually have underlying credit terms and conditions affect your overall cost. So, it’s best to compare terms and fees before you apply for a credit card and agree to open an account. Some of the important terms to be understood well include the annual percentage rate or the APR.
When you apply for a credit card, you must know how the APR affects your credit account. Being a measure of the cost of credit expressed as a yearly rate, the APR should be disclosed before you apply for a credit card so that you would not be obligated on the account and on your account statements later on. Aside from APR, the periodic rate must be disclosed to the card holder before they completely apply for a credit card so they would have an idea of their outstanding balance and finance charge for each billing period. Other important terms to know before you apply for a credit card are free period or “grace period,” annual fees, transaction fees and other charges, other costs and feature, and balance computation method for the finance charge like average daily balance, adjusted balance, previous balance, and two-cycle balances. If you’re not that type of person who is patient enough to research on all these terms, make sure that before you apply for a credit card, the issuer will give an explanation how the balance is computed and it must appear on your monthly billing statements.
Also, look on the right side of this blog for more credit card links for all levels.
Are you behind on your mortgage? Need HELP? Don’t loose your house we can HELP! USA only Nationwide contact LLS HELP!
Visit www.credithelp21.com for you very own “DIY” Do It Yourself Credit Repair Kit.
If you are looking for mortgage financing or need to use a free financial calculator go to www.questgroup-usa.com
Friday, February 13, 2009
Do It Yourself "DIY" Credit Repair Sample Dispute Letters
Full name: Last__________________ First ________________Middle ____________Current Address_______________________________________________________Former Address_______________________________________________________Social Security #________________________ Home Phone____________________Date of Birth___________________________ Work Phone_____________________Employer_____________________________ Credit Report Dispute / Account Information Dispute SectionCompany Name__________________________ Account #____________________________ Not my account __ Was never late __Account paid in full__ Current status incorrect __ Other __DisputeExplanation________________________________________________________________
Company Name__________________________ Account #____________________________ Not my account __ Was never late __Account paid in full__ Current status incorrect __ Other __DisputeExplanation________________________________________________________________
Company Name__________________________ Account #____________________________ Not my account __ Was never late __Account paid in full__ Current status incorrect __ Other __DisputeExplanation________________________________________________________________
Company Name__________________________ Account #____________________________ Not my account __ Was never late __Account paid in full__ Current status incorrect __ Other __DisputeExplanation________________________________________________________________
Courthouse or Collection Agency accountsCourthouse or Collections agency_______________________________________________Case number for courthouse records only___________________________________________ Not Mine (explain) __ Satisfied __ Released __ Dismissed__ Discharged __ Collection was paid __ Other (explain)Explanation________________________________________________________________
Courthouse or Collections agency_______________________________________________Case number for courthouse records only___________________________________________ Not Mine (explain) __ Satisfied __ Released __ Dismissed__ Discharged __ Collection was paid __ Other (explain)Explanation________________________________________________________________
I certify that all information above is true and factual.Signature ____________________________________________ date __________________
Sample letter 1 - Removal of Inaccurate Information
The following is a sample letter requesting the removal of inaccurate information. Always include any copies of proof you may have (i.e., cancelled checks showing timely payments, paid off accounts, loans: anything that will show the information is indeed erroneous). It never hurts to include the consequences that have resulted from this wrongful information as well. The credit agencies give the most immediate attention to seriously wronged consumers. Remember, they are bombarded with 10,000 letters a day. Get more Credit information.
Your Name123 Your Street AddressYour City, ST 01234
The Credit BureauBureau AddressYour Town, State 56789
Date
Dear Credit Bureau,
This letter is a formal complaint that you are reporting inaccurate credit information.
I am very distressed that you have included the below information in my credit profile due to its damaging effects on my good credit standing. As you are no doubt aware, credit reporting laws ensure that bureaus report only accurate credit information. No doubt the inclusion of this inaccurate information is a mistake on either your or the reporting creditor's part. Because of the mistakes on my credit report, I have been wrongfully denied credit recently for a, which was highly embarrassing and has negatively impacted my lifestyle.
Optional With the proof I'm attaching to this letter, I'm sure you'll agree it needs to be removed ASAP.
The following information therefore needs to be verified and deleted from the report as soon as possible: CREDITOR AGENCY, acct. 123-34567-ABC
Please delete the above information as quickly as possible.
Sincerely,
Your signature
Your NameSSN# 123-45-6789Attachment included. Credit Reporting Agency Dispute Letter (Debtors Full Name)(Street Address),(City, State & Zip) (Credit Reporting Agency)(Address)(City, State & Zip) Date:Account Number(s): IN Re: Credit Reporting Agency Disputed Item To Whom It May Concern,It has come to our attention that you are reporting what we believe tobe inaccurate data which we dispute and this letter is an appeal foryour assistance. As a reporting agency you are governed by the FairCredit Reporting Act (FCRA), which protects consumers from inaccurate,outdated or invalidated information reporting of their credit file. The FCRA states that it's the Bureau's responsibility to ensure thatall information contained within consumer credit files is accurate andfree from errors. The following information has been allowed to be reported on my creditfile, I have been denied credit and have been public embarrassed andhumiliated. In an effort to investigate these accounts, I contactedthe collection agency or the original creditor and asked fordocumentation. Among other things, I asked for evidence I was given30-days notice to dispute the validity of the debt. The FCRA, 15 U.S.C. Section 1692g(a), mandates in no uncertain termsthat a debtor has 30 days to dispute the validity of a debt. If thecreditor cannot provide sufficient evidence that the debtor was givenadequate notice, the debtor must be given another 30-daydebt-validation period, and the creditor must provide evidence thedebtor is liable for the account(s) in question. Attachments to support my claims on the following accounts have beenincluded with this dispute letter and are noted in the listing below. I've sent several notices to these creditors or collection agenciesrequesting validation of the account(s) below, but they failed toprovide adequate documentation proving my liability for the account inquestion:
I hereby dispute these debts and request the following itemsbe thoroughly investigated and deleted:
(Name of Creditor),
Basis for Dispute, (Account Number),
(Amount)
(Name of Creditor),
Basis for Dispute, (Account Number), (Amount)(Name of Creditor),
Basis for Dispute, (Account Number), (Amount)(Name of Creditor),
Basis for Dispute, (Account Number), (Amount)(Name of Creditor),
Basis for Dispute, (Account Number), (Amount)(Name of Creditor),
Basis for Dispute, (Account Number), (Amount)(Name of Creditor),
Basis for Dispute, (Account Number), (Amount)(Name of Creditor),
Basis for Dispute, (Account Number), (Amount)
Upon completion of your investigation please send a detaileddescription of the procedures used to determine the accuracy of theaccount(s) I am disputing, as well as the name and contact informationof the agent conducting said investigation in case furthercommunication is necessary.
We reserve the right under [name of law]Law to record any incoming conversations and we have no obligation toadvise you that they are being recorded.
Sincerely,
Signature Sent by Certified Mail Signature required for delivery
Free Sample LetterCorrect Inaccurate information in your Personal Credit Profiles
Today's Date
Your Full NameCurrent AddressCurrent Phone Number
Attention: {insert credit reporting agency name}
See Credit Help 21 {add CRA address here}
Dear {credit reporting agency}
This letter is a formal request to correct inaccurate information contained in my credit file. The item(s) listed below is/are completely (insert appropriate word(s) {inaccurate, incorrect, incomplete, erroneous, misleading, outdated} ). I have enclosed a copy of the credit report your organization provided to me on {insert date of report here} and circled in red the item(s) in question.
Line Item: {insert name of creditor, account number or line item number)
Item Description: (this info is found on your credit report)
Requested Correction: (describe exactly what you want. If you want an item deleted say so and explain why. If you want an item corrected or updated, provide the correct information such as names, dates, amounts and so forth and any evidence to support your claim).
In accordance with the federal Fair Credit Reporting Act (FCRA), I respectfully request you investigate my claim and, if after your investigation, you find my claim to be valid and accurate, I request that you immediately {delete, update, correct} the item.
Furthermore, I request that you supply a corrected copy of my credit profile to me and all creditors who have received a copy within the last 6 months, or the last 2 years for employment purposes. Additionally, please provide me with the name, address, and telephone number of each credit grantor or other subscriber that you provided a copy of my credit report too within the past six months.
If your investigation shows the information to be accurate, I respectfully request that you forward to me a description of the procedure used to determine the accuracy and completeness of the item in question within 15 days of the completion of your re-investigation as required by the Fair Credit Reporting Act.
I thank you for your consideration and cooperation. If you have any questions concerning this matter I can be reached at (insert daytime phone number including area code).
Sincerely,
Signature Printed Name
You discover an error on your monthly credit card bill and need to dispute the error with your credit card company.
The Fair Credit Billing Act (FCBA) outlines your specific rights and your credit card company's specific responsibilities when you dispute an item on your credit card bill. When disputing credit card bills, always do so in writing and in a timely manner. In your letter provide specific facts, descriptions, figures, names, dates, locations and so forth. Equally important is including a certified copy of receipts, a bill of sale, the credit contract and any other document that support your claim.
Feel free to copy and paste the text into a word processor or have Rich send you a free copy of thiscredit card dispute letter in Microsoft Word format.
FREE Sample Letter for Disputing Errors on Credit Card Bills
Today's Date
Your Full NameCurrent AddressCurrent Phone Number
Name of Credit Card Company Mailing Address (check your statement for the correct address! It's usually different than the one you mail payments too)City, State, Zip
Dear {Insert name of Credit Card Company from statement}
I am disputing an item on my statement, dated {insert date of statement}.
Please note that this letter is dated within the 60-day limit required under the Fair Credit Billing Act.
or use the following paragraph instead
I am disputing an item on my statement dated {insert date of statement} because I am unable to determine from my records what the charge is for. I need more information about line item {place the line item number or description here}. Please send copies of any documents you have pertaining to this item.
Please use the following information to investigate my claim:
{Insert your name as it appears on your credit card statement}
Date of Statement: {Insert the date from the statement you are disputing}
Account Number: {Insert credit card account number}
Date of Transaction: {Insert date from statement}
Description of Transaction {Copy from statement}
Describe Error: {If disputing dollar amount, insert amount using $0.0 format}
{Insert explanation of why you believe an error occurred} see more examples credit Help 21
I understand that you have 30 days to respond and 90 days to either resolve my dispute or inform me in writing of why the bill is correct. Until then, I will pay any amount due except for the amount in question and await your letter explaining all actions taken concerning this dispute.
If your investigation shows the information to be accurate, I respectfully request that you provide an explanation of your findings, a statement of what I owe, including any finance charges that have accumulated and any minimum payments I've missed while questioning this bill. If I agree with your findings, you can expect my payment in the amount you say I owe within the 10-day limit allowed under the Fair Credit Billing Act.
Sincerely,
SignaturePrinted Name
Reasons for disputing credit card bills. Select one to insert in the letter above.
1. You didn't buy the item in question;
2. Someone not authorized to use your account made the purchase;
3. The item is not properly identified on your bill;
4. The amount is different from the actual purchase price;
5. The amount was entered on a date different from the purchase date (important when interest is charged by the day)
6. You did not accept delivery on an item or it was not delivered according to agreement;
7. The bill contains arithmetic errors, (Look at the date on the postmark. If your account is one on which no finance or other charge is added before a certain due date, then creditors must mail their statements at least 14 days before payment is due).
8. The bill does not show a payment or other credit to your account; (Look at the payment date entered on the statement. Creditors must credit payments on the day they arrive, as long as you pay according to payment instructions).
9. The bill is not being mailed to your current address, (use only if you told the creditor about an address change at least 20 days before the end of the billing period);
10. The bill contains a questionable item, or an item for which you need more information.
If you've fallen behind on your bills, especially credit cards, don't panic.
You may have several good options available to you.
Credit Help 21 has a GREAT “DIY” Do It Yourself Credit Repair Kit this has EVERYTHING you need to get back on track.
Are you behind on your mortgage? Need HELP? Don’t loose your house we can HELP! USA only Nationwide contact LLS HELP!
Are you behind on your mortgage? Need HELP? Don’t loose your house we can HELP! USA only Nationwide contact LLS HELP!
Visit http://www.credithelp21.com/ for you very own “DIY” Do It Yourself Credit Repair Kit.
If you are looking for mortgage financing or need to use a free financial calculator go to http://www.questgroup-usa.com/
Company Name__________________________ Account #____________________________ Not my account __ Was never late __Account paid in full__ Current status incorrect __ Other __DisputeExplanation________________________________________________________________
Company Name__________________________ Account #____________________________ Not my account __ Was never late __Account paid in full__ Current status incorrect __ Other __DisputeExplanation________________________________________________________________
Company Name__________________________ Account #____________________________ Not my account __ Was never late __Account paid in full__ Current status incorrect __ Other __DisputeExplanation________________________________________________________________
Courthouse or Collection Agency accountsCourthouse or Collections agency_______________________________________________Case number for courthouse records only___________________________________________ Not Mine (explain) __ Satisfied __ Released __ Dismissed__ Discharged __ Collection was paid __ Other (explain)Explanation________________________________________________________________
Courthouse or Collections agency_______________________________________________Case number for courthouse records only___________________________________________ Not Mine (explain) __ Satisfied __ Released __ Dismissed__ Discharged __ Collection was paid __ Other (explain)Explanation________________________________________________________________
I certify that all information above is true and factual.Signature ____________________________________________ date __________________
Sample letter 1 - Removal of Inaccurate Information
The following is a sample letter requesting the removal of inaccurate information. Always include any copies of proof you may have (i.e., cancelled checks showing timely payments, paid off accounts, loans: anything that will show the information is indeed erroneous). It never hurts to include the consequences that have resulted from this wrongful information as well. The credit agencies give the most immediate attention to seriously wronged consumers. Remember, they are bombarded with 10,000 letters a day. Get more Credit information.
Your Name123 Your Street AddressYour City, ST 01234
The Credit BureauBureau AddressYour Town, State 56789
Date
Dear Credit Bureau,
This letter is a formal complaint that you are reporting inaccurate credit information.
I am very distressed that you have included the below information in my credit profile due to its damaging effects on my good credit standing. As you are no doubt aware, credit reporting laws ensure that bureaus report only accurate credit information. No doubt the inclusion of this inaccurate information is a mistake on either your or the reporting creditor's part. Because of the mistakes on my credit report, I have been wrongfully denied credit recently for a
Optional With the proof I'm attaching to this letter, I'm sure you'll agree it needs to be removed ASAP.
The following information therefore needs to be verified and deleted from the report as soon as possible: CREDITOR AGENCY, acct. 123-34567-ABC
Please delete the above information as quickly as possible.
Sincerely,
Your signature
Your NameSSN# 123-45-6789Attachment included. Credit Reporting Agency Dispute Letter (Debtors Full Name)(Street Address),(City, State & Zip) (Credit Reporting Agency)(Address)(City, State & Zip) Date:Account Number(s): IN Re: Credit Reporting Agency Disputed Item To Whom It May Concern,It has come to our attention that you are reporting what we believe tobe inaccurate data which we dispute and this letter is an appeal foryour assistance. As a reporting agency you are governed by the FairCredit Reporting Act (FCRA), which protects consumers from inaccurate,outdated or invalidated information reporting of their credit file. The FCRA states that it's the Bureau's responsibility to ensure thatall information contained within consumer credit files is accurate andfree from errors. The following information has been allowed to be reported on my creditfile, I have been denied credit and have been public embarrassed andhumiliated. In an effort to investigate these accounts, I contactedthe collection agency or the original creditor and asked fordocumentation. Among other things, I asked for evidence I was given30-days notice to dispute the validity of the debt. The FCRA, 15 U.S.C. Section 1692g(a), mandates in no uncertain termsthat a debtor has 30 days to dispute the validity of a debt. If thecreditor cannot provide sufficient evidence that the debtor was givenadequate notice, the debtor must be given another 30-daydebt-validation period, and the creditor must provide evidence thedebtor is liable for the account(s) in question. Attachments to support my claims on the following accounts have beenincluded with this dispute letter and are noted in the listing below. I've sent several notices to these creditors or collection agenciesrequesting validation of the account(s) below, but they failed toprovide adequate documentation proving my liability for the account inquestion:
I hereby dispute these debts and request the following itemsbe thoroughly investigated and deleted:
(Name of Creditor),
Basis for Dispute, (Account Number),
(Amount)
(Name of Creditor),
Basis for Dispute, (Account Number), (Amount)(Name of Creditor),
Basis for Dispute, (Account Number), (Amount)(Name of Creditor),
Basis for Dispute, (Account Number), (Amount)(Name of Creditor),
Basis for Dispute, (Account Number), (Amount)(Name of Creditor),
Basis for Dispute, (Account Number), (Amount)(Name of Creditor),
Basis for Dispute, (Account Number), (Amount)(Name of Creditor),
Basis for Dispute, (Account Number), (Amount)
Upon completion of your investigation please send a detaileddescription of the procedures used to determine the accuracy of theaccount(s) I am disputing, as well as the name and contact informationof the agent conducting said investigation in case furthercommunication is necessary.
We reserve the right under [name of law]Law to record any incoming conversations and we have no obligation toadvise you that they are being recorded.
Sincerely,
Signature Sent by Certified Mail Signature required for delivery
Free Sample LetterCorrect Inaccurate information in your Personal Credit Profiles
Today's Date
Your Full NameCurrent AddressCurrent Phone Number
Attention: {insert credit reporting agency name}
See Credit Help 21 {add CRA address here}
Dear {credit reporting agency}
This letter is a formal request to correct inaccurate information contained in my credit file. The item(s) listed below is/are completely (insert appropriate word(s) {inaccurate, incorrect, incomplete, erroneous, misleading, outdated} ). I have enclosed a copy of the credit report your organization provided to me on {insert date of report here} and circled in red the item(s) in question.
Line Item: {insert name of creditor, account number or line item number)
Item Description: (this info is found on your credit report)
Requested Correction: (describe exactly what you want. If you want an item deleted say so and explain why. If you want an item corrected or updated, provide the correct information such as names, dates, amounts and so forth and any evidence to support your claim).
In accordance with the federal Fair Credit Reporting Act (FCRA), I respectfully request you investigate my claim and, if after your investigation, you find my claim to be valid and accurate, I request that you immediately {delete, update, correct} the item.
Furthermore, I request that you supply a corrected copy of my credit profile to me and all creditors who have received a copy within the last 6 months, or the last 2 years for employment purposes. Additionally, please provide me with the name, address, and telephone number of each credit grantor or other subscriber that you provided a copy of my credit report too within the past six months.
If your investigation shows the information to be accurate, I respectfully request that you forward to me a description of the procedure used to determine the accuracy and completeness of the item in question within 15 days of the completion of your re-investigation as required by the Fair Credit Reporting Act.
I thank you for your consideration and cooperation. If you have any questions concerning this matter I can be reached at (insert daytime phone number including area code).
Sincerely,
Signature Printed Name
You discover an error on your monthly credit card bill and need to dispute the error with your credit card company.
The Fair Credit Billing Act (FCBA) outlines your specific rights and your credit card company's specific responsibilities when you dispute an item on your credit card bill. When disputing credit card bills, always do so in writing and in a timely manner. In your letter provide specific facts, descriptions, figures, names, dates, locations and so forth. Equally important is including a certified copy of receipts, a bill of sale, the credit contract and any other document that support your claim.
Feel free to copy and paste the text into a word processor or have Rich send you a free copy of thiscredit card dispute letter in Microsoft Word format.
FREE Sample Letter for Disputing Errors on Credit Card Bills
Today's Date
Your Full NameCurrent AddressCurrent Phone Number
Name of Credit Card Company Mailing Address (check your statement for the correct address! It's usually different than the one you mail payments too)City, State, Zip
Dear {Insert name of Credit Card Company from statement}
I am disputing an item on my statement, dated {insert date of statement}.
Please note that this letter is dated within the 60-day limit required under the Fair Credit Billing Act.
or use the following paragraph instead
I am disputing an item on my statement dated {insert date of statement} because I am unable to determine from my records what the charge is for. I need more information about line item {place the line item number or description here}. Please send copies of any documents you have pertaining to this item.
Please use the following information to investigate my claim:
{Insert your name as it appears on your credit card statement}
Date of Statement: {Insert the date from the statement you are disputing}
Account Number: {Insert credit card account number}
Date of Transaction: {Insert date from statement}
Description of Transaction {Copy from statement}
Describe Error: {If disputing dollar amount, insert amount using $0.0 format}
{Insert explanation of why you believe an error occurred} see more examples credit Help 21
I understand that you have 30 days to respond and 90 days to either resolve my dispute or inform me in writing of why the bill is correct. Until then, I will pay any amount due except for the amount in question and await your letter explaining all actions taken concerning this dispute.
If your investigation shows the information to be accurate, I respectfully request that you provide an explanation of your findings, a statement of what I owe, including any finance charges that have accumulated and any minimum payments I've missed while questioning this bill. If I agree with your findings, you can expect my payment in the amount you say I owe within the 10-day limit allowed under the Fair Credit Billing Act.
Sincerely,
SignaturePrinted Name
Reasons for disputing credit card bills. Select one to insert in the letter above.
1. You didn't buy the item in question;
2. Someone not authorized to use your account made the purchase;
3. The item is not properly identified on your bill;
4. The amount is different from the actual purchase price;
5. The amount was entered on a date different from the purchase date (important when interest is charged by the day)
6. You did not accept delivery on an item or it was not delivered according to agreement;
7. The bill contains arithmetic errors, (Look at the date on the postmark. If your account is one on which no finance or other charge is added before a certain due date, then creditors must mail their statements at least 14 days before payment is due).
8. The bill does not show a payment or other credit to your account; (Look at the payment date entered on the statement. Creditors must credit payments on the day they arrive, as long as you pay according to payment instructions).
9. The bill is not being mailed to your current address, (use only if you told the creditor about an address change at least 20 days before the end of the billing period);
10. The bill contains a questionable item, or an item for which you need more information.
If you've fallen behind on your bills, especially credit cards, don't panic.
You may have several good options available to you.
Credit Help 21 has a GREAT “DIY” Do It Yourself Credit Repair Kit this has EVERYTHING you need to get back on track.
Are you behind on your mortgage? Need HELP? Don’t loose your house we can HELP! USA only Nationwide contact LLS HELP!
Are you behind on your mortgage? Need HELP? Don’t loose your house we can HELP! USA only Nationwide contact LLS HELP!
Visit http://www.credithelp21.com/ for you very own “DIY” Do It Yourself Credit Repair Kit.
If you are looking for mortgage financing or need to use a free financial calculator go to http://www.questgroup-usa.com/
Subscribe to:
Posts (Atom)