How to Remove Public Records From a Credit Report

Posted by Anonymous , 9/4/2007 Tags:RemovePublicRecordsFromCreditReport
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How to Remove Public Records From a Credit Report

Introduction

Keeping informed about the information on your credit report is vitally important. If the information is wrong, it can affect every area of your financial life, whether that means a higher interest rate on your next loan or being denied approval for a loan in the first place. Public records are no exception.

Instructions

Difficulty: Moderately Challenging

Things You'll Need

  • Computer with Internet
  • Current credit reports
  • An Attorney (optional)

Steps

1

Step One

Get your credit reports from all three major credit bureaus: Equifax, TransUnion and Experian. You can get your credit reports free once a year at annualcreditreport.com.
2

Step Two

Study your credit reports thoroughly after you receive them to find any mistakes or wrong information.
3

Step Three

Dispute any wrong information you find on each report by following the dispute instructions found at the end of each report.
4

Step Four

Follow up with each agency after 30 days if you have not heard anything. Often public records will not be removed.
5

Step Five

Call the agencies that are reporting your public records and find out how long they are going to continue reporting. Most public records, such as bankruptcy, collections and judgments, can remain on a credit report for up to 10 years.
6

Step Six

Research law firms and agencies that offer public record help for credit reports. There are some things an attorney can do that you can't.

Tips & Warnings

  • Always keep a positive outlook, no matter how bad your credit is there will be light at the end of the tunnel. The question is how long the tunnel is.
  • Listen to creditors when they are telling you what's wrong with your credit. It may not be positive, but it can help you repair and build your credit.
  • Never pay a firm until you have a written agreement on what services they are going to perform. Ask for references from other clients and make sure that the company is legit before meeting with them.
  • Never ignore your credit report or creditors. They can take from your salary and take your possessions; they are trained not to care about the hardships in your life but are often open to negotiations, if you keep in contact with them.
  • Do not incur any additional public records and seek credit counseling if money matters are difficult for you.
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