There really isn’t any way to get free credit repair. No companies are going to offer free credit repair. How could they? It is a technical procedure and they are not going to waste their time and resources for no potential profit. But , some companies might be willing to help you repair your credit if the benefit to you is also a mutual benefit to them in the long run. One such scenario would be if a mortgage broker or car dealer thought that if they helped you repair your credit for free with their help you would come back to them for their service. Why wouldn’t you? If they did something like that for you it means they care to go an extra mile for you.
Really though, in the end the best way to repair your credit for free is probably to do it on your own. Even then you have the cost of your time, the cost of getting your credit report, and the cost of the postage. Of course this is far less than you would spend with a credit repair service. And, a credit repair company could require you to do a fair amount of work on your own and they might even require you to pay for all the postage. Make sure you consider this upfront when you are talking to them.
There are numerous websites that give excellent advice regarding credit repair. You will need to take some time to sift through those sites and get information from them.
Here are the basic steps of credit repair:
- Get a copy of your credit report from all three credit bureaus.
- Figure out what you would like to dispute and what you think is incorrect.
- Write the dispute letters.
- Mail them to the credit bureaus with the correct identification .
- Wait for the responses.
- See the outcome.
Credit repair is really no more difficult that doing the above steps. When the outcome is not what you hoped for or what you expected then you may have to dispute the account with the creditor directly. This is called ‘debt validation’ and it is where you put the burden on the creditor to ‘validate’ to you that you truly owe the debt and that they truly have the right to collect the debt. If the creditor cannot do that, they must remove the item from your credit report. However, getting that item removed from your credit report will require further follow up from you to the credit bureaus in the form of another letter that both disputes the account and shows the credit bureaus that you got no response from the creditor when you disputed the account directly with the creditor. You will need a paper trail to do that. You will need some sort of proof that you disputed the account with the creditor and that they didn’t respond. If you do that, the credit bureaus should remove the item.