Where To Turn For Credit Debt Relief

When people find themselves at the bottom of the class in the credit score department they instantly start looking for ways to improve their position. What many may not realize is that they can have items that should not appear on their credit report removed on their own. In most cases negative information that is not true can be removed simply by notifying the credit reporting agency, along with proof of the misinformation and it will be removed. However, these bad credit debt relief solutions, are often kept from the average consumer.

Before buying in the prospect of buying bad credit debt relief repair secrets it should be understood that while the three major credit reporting agencies are private companies they are controlled by the federal government and their reporting tactics have to adhere to strict government regulations. There are also rules governing the release of bad credit debt relief repair secrets by the agencies, which most will follow to the letter of the law or risk losing their license to conduct business.

One thing that many of the bad credit debt relief repair secrets peddlers will not divulge is that any information on the report that is accurate, cannot legally be removed until the time on the information expires, usually in seven years. Anyone that claims otherwise is either misinformed or passing on bad information. One of the best known bad credit debt relief repair secrets is to keep a close eye on your credit report, and not just one, but the report maintained by all three agencies. Simply because an item is missing from one report does not mean it is not on another one. If an item appears on your report that you question, you have the right to questions its validity and if it can be proven the information is false, it has to be removed.

People and companies that claim to be able to offer a clean credit report in 30 days are probably not being honest in their presentation. Some of the bad credit debt relief repair secrets they talk about include that fact that true information cannot be removed. What they may be offering is help in getting outdated or erroneous items on the report removed, something that can take time, but something that can be done with paying someone else to do it.

More information on debt consolidation and loans can be found here Student Loan Default and also here Major Credit Card Companies