The Bitter Truth About Fixing Credit
Even if the problems on your credit report are not your fault they are still going to be a problem to fix. Usually credit repair is a long tedious process that involves making requests twice or even three times before they are fulfilled.
The bitter truth is that credit bureaus have 30 days to investigate complaints and often defer to what lenders say about you whether or not it is true. Even if all parties agree that a mistake has been made the errors can continue to haunt you thanks to the automated nature of most credit reporting. Often it takes several tries to get inaccuracies deleted. Sometimes the process takes only weeks but very often it takes months or even years to fix.
Of course if you are in the midst of trying to obtain a mortgage these types of errors can be a disaster for you. You might not have enough time to fix your report before the house falls out of escrow or you might get assigned an interest rate much higher than you should be paying.
Problems like these might tempt you to turn to one of the many companies that promise “instant credit repair†or that guarantee to boost your credit score. No legitimate company makes such promises or guarantees.
However, there are options! This part of this guide describes the growing number of genuine services that really can fix mistakes on your credit reports in 72 hours or less.