If you’ve done any searching on the internet for information pertaining to “Credit Repair,” you’ve without a doubt discovered that there’s a good deal available. Unfortunately, there’s also a great deal of misinformation also.
Let us check out some of the most common misstatements you will come across and look at them in detail.
MYTH #1 “Credit fix doesn’t work!”
While it is correct that credit repair is much more “art” than “science” that is not to say it doesn’t work. When you tackle to repair your best bad credit repair services (linked web site) credit score, there’s never any promise you can restore it to “perfect” status. But often you are able to, and in nearly every case you can at least affect some improvement in your credit score, and often major improvement at that!
For starters, credit reports generally are filled with mistakes. While there appears to be no general understanding, it is believed that about 1/3 (Attorney General of NY) to as many as 90 % (Charles Givens Organization) of credit reports contain mistakes.
Removal of erroneous damaging information alone is going to go a great way toward improving your credit score. But there’s more in the story, that sends us to myth #2.
“Negative info that can be verified can’t be removed”
This is one of those statements which are “almost” true, but taken practically is misleading. As is usually the case, the inclusion (or maybe exclusion) of one apparently small word makes the difference in a truthful statement, and one that’s not (or not necessarily) accurate.