Do you know how to repair your credit? Have you wondered how to settle your credit disputes? Well... you're not alone there's millions of us out there up to our earlobes in debt and don't know how to get out. Meanwhile big business a.k.a Credit Repair Agencies take advantage of our naivete by telling us they're hear to help. But the truth is we're paying them for free information we can acquire ourselves with a little due diligence. The steps are fairly easy once you have all the info. And I'm going to share the beginning steps in repairing your credit for very little cost.

First thing you need to do is obtain a copy of your credit report so that you know where you're at and what you have to work with. Also to make sure you don't have any discrepancies you may have to dispute. You can obtain a copy of your credit report at any one of the three credit bureaus, Trans Union, Equifax, or Experian. You also can log onto the Internet and go to annual credit report website where you can get your credit report from all three bureaus. It's good to have a copy of all three of your credit reports because the credit reporting bureaus are spread out in one of each 3 regions in the US. West coast, Mid west, and the East coast, depending on where the headquarters of your creditors are located, that's the bureau your creditors company reports to. So if you use your credit in California and that credit card company's headquarters is in New York then the credit bureau they report to will be Trans Union for example.

Once you've obtained a copy of your credit report/s and you do find discrepancies then you would want to report them to whichever credit bureau you have the discrepancy with. Here's the information on where you dispute your credit report if such any exist.

Trans Union Address: P.O. Box 1000 Chester, PA 19022 Phone: 800-888-4213

You can use any one of these three routes to request a copy of your credit report or to dispute it. You can write a letter just make sure you send a copy of the accounts you're disputing denouncing responsibility of that/ those accounts. You can call in, the prompts will guide you through the process. The fastest way is to log onto their website and type in "dispute" in the search box and submit the credit dispute form on-line. The same goes for the other two companies whose information is as follow.

Equifax Address: P.O. Box 740241 Atlanta, GA 30374 Phone: 800-997-2493 

ExperianAddress: P.O. Box 2104 Allen, TX 75013 Phone: 888-397-3792 

The Dreaded Credit Score 5 main factors credit bureaus use to calculate your credit score and the interest rates you get there of.

There are many factors the credit bureaus use to calculate your credit score however those algorithms are kept under lock & key but the 5 main factors are as follows.

35% Previous Credit Performance = Pay Off You Debt 30% Current Level Of Indebtedness = Maintain Low Debt 15% Time Credit Has Been In Use = Pay Off Debts Fast 15% Type Of Credit Available = Maintain Long History Of First 3 5% Pursuit Of New Credit = Refrain Form Opening Consecutive Accounts

Credit Scores Range From 350-850 and Interest Rates are 5.49% - 9.29%+

720-850 = 5.49% = $851mo 700-719 = 5.61% = $862mo 675-699 = 6.15% = $914mo The sum of the 2 equations should 620-674 = 7.30% = $1028mo be self explanatory . 560-619 = 8.53% = $1157mo 500-499 = 9.29% = $1238mo

Keep Track Of Your Credit With Credit Repair Software.

Credit Repair Software is an efficient way to keep up with your credit history, they have all 12 documents needed for repairing your credit and also the tutorials on how to use them. Credit Repair Software helps keep you organized as you can review your credit reports by a click of a button. Credit Repair Software Also has all you need to know about credit rights and laws as well as Instructions on dealing with the credit bureaus and they even have credit score calculator how cool is that. You can walk into any bank for a loan for your investment property or what have you already have an estimate of the score they'll give you.

Importance Of Protecting Your Credit And Your Identity.

As we know Identity theft is at an all time high and it's more important than ever to protect ourselves. So how do we accomplish this? Well we could keep constant watch over our identities like a Hawk over her younglings. But more than likely it would be to late the damage is done, the cookie crook got us for our cookies now we have to recuperate. Same goes for automated identity theft alert system. It's an alert after the fact. So now we have Life Lock.

Life Lock is an identity theft protection company they provide identity theft up to $1,000,000 I'm sure you've seen the commercial. Anyway here's the run down.

Life Lock monitors credit cards. They keep your name off credit card mailing list, they monitor public, and court records Life Lock monitor file sharing site for detection of your identification being past around like a hot potato Life Lock monitors new/non credit applications, address changes, stolen/lost wallet remediation, and they also have annual credit score tracking & reporting. All for fair prices ranging from $9.99mo-$13.99mo pretty cheap prices if you ask me. But you don't have to take my word for it. Check 'em out for yourself.

And there you have it Credit Solutions 101 If you like please rate it. Until next time.

Ramon

Direct Marketing Tips & Tricks

P.S. Credit Cards: Maintain 3-5 credit cards and DO NOT exceed a 1/3rd of their total limit this will have a great reflection on your credit score. As the Credit Bureaus wont see you as being needy.