There are different ways you can clean up your credit report. In this article I will share with you what I believe is the easiest way so that you can start to get approved for car, home and credit loans.
The first thing you need to do is find out all the negative entries on your credit report, don't forget that you have three main credit reports (Transunion, Experian and Equifax) and they all equally important so you want to look at all three .
Once you have identified all the negative entries that can be holding down your rating, items such as late payments, charge offs, collection accounts and the likes you want to begin to challenge them with the credit bureaus.
A challenge is simply the process of sending a letter to the credit bureaus giving them a simple reason why the account needs to be disputed. This process is effective for a couple of reasons, mainly due to the fact that the burden of proof is on the credit bureaus and they must investigate your claim.
The bureaus investigation involves contacting the original creditor to obtain proof that the account is valid. If the original creditor is not able to provide the proper proof, the account needs to be deleted by law within thirty days of them receiving your dispute.
This is an effective credit repair method because a lot of the time the original creditor cannot furnish proof of the account in question, this is a very simple method of credit repair and it works on most types of accounts on your credit report.