Example Turn Down Letter

Credit Report Scores - Who Determines Them?

There are three major credit reporting agencies: , , and .

Each of these credit reporting agencies receives information from credit grantors such as credit card companies, stores granting credit, mortgage companies, and banks. They compile your credit history and compute your credit report scores.

They provide your history and credit report scores to others who have a genuine interest in your credit worthiness.

Do It Yourself Credit Repair

Credit Secrets is an easy to follow manual that shows you the loop holes and details regarding fixing bad credit, removing negative items that are on your credit report, and adding the elements you want creditors to know about. If you've had late payments, repossession, or even filed bankruptcy, this guide is your ticket to getting your credit report back on track.

You'll learn everything you need to know to repair your own credit, including:

The Inside Secrets of Credit Repair
Six Credit Card Secrets Banks Don't Want You to Know
How to Establish AAA Credit in 30 Days
What to Do to Stop Collection Agencies in Their Tracks!
How to Wipe Out Debts WITHOUT Bankruptcy
Guerrilla Tactics that will Give You a Good Credit Rating
How to Dispute Credit Report Errors
Sample Credit Repair Letters

Get on the right track to Credit Repair today.

Turned Down for Credit?

If you have been turned down for credit, the lender is required to tell you the reason for the turn down.

Lenders will often describe in a letter the reason you were not approved. Sometimes the letter will tell you to contact them for that information.

Do not hesitate to ask them for a clear explanation of the reason for your rejection. They are required by law to tell you.

If the reason included details found in your credit report, you should find out which credit reporting agency they used. There are three major credit reporting agencies: , , and

You are entitled to get a free copy of your credit report from the agency that was used to deny you credit. You must request your free credit report within 60 days of your turn down.

If you find mistakes in your credit report you should document the error. That is, if there is a record of an unpaid debt on your credit report and you either paid the debt or the debt is not yours, you need to document that fact.

If you paid the debt you should try to get a statement from the store or company you paid. The statement should indicate that the debt was paid.

If the debt is not yours, you should seek proof of the debt from the store or company. Often, this will be in the form of a signed contract or a credit card slip. If the signature is not yours, you can then contest the debt with that store or company.

Once you have the documentation that the debt was paid or is not yours, you can mail copies of those documents to the credit reporting agency. They must investigate the items on your credit report and remove them if they are in error.

During this process you should record the dates and a brief overview of each conversation or letter you exchange with any group involved.

Contesting errors on your credit report can be a lengthy process. If you do not want to take the time to be personally involved, there are several alternatives.

Two Methods that Help You Dispute Items on Your Report

For a Powerful One-Time Upgrade of Your Credit Report
Lexington Law is a Law Firm specializing in credit report repair. They have helped over 80,000 Americans improve their credit scores by removing inaccurate, misleading, or unverifiable information from their credit reports.
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The Lexington Law Firm is member of the online BBB and offers consumers a performance warrantee. From bankruptcies to charge-offs to tax liens, Lexington Law Firm has challenged virtually every credit problem under the sun and deleted over 600,000 such items to date.
Lexington Law's service is backed by a warranty which entitles you to some or all of your money back if enough disputed items aren’t deleted. Put simply, they don’t believe you should have to pay for ineffective service. "If we can’t deliver, you’ll be reimbursed."
Do It Yourself Credit Repair
Credit Secrets is an easy to follow manual that shows you the loop holes and details regarding fixing bad credit, removing negative items that are on your credit report, and adding the elements you want creditors to know about. If you've had late payments, repossession, or even filed bankruptcy, this guide is your ticket to getting your credit report back on track.
You'll learn everything you need to know to repair your own credit, including:
- The Inside Secrets of Credit Repair
- Six Credit Card Secrets Banks Don't Want You to Know
- How to Establish AAA Credit in 30 Days
- What to Do to Stop Collection Agencies in Their Tracks!
- How to Wipe Out Debts WITHOUT Bankruptcy
- Guerrilla Tactics that will Give You a Good Credit Rating
- How to Dispute Credit Report Errors
- Sample Credit Repair Letters
Get on the right track to Credit Repair today.

Credit Report Scores - How to See Them
Each of the three credit reporting agencies can provide you with a one-time copy of your credit report. Equifax, Experian, for example, will provide your report online for a fee of $9. Trans Union charges from $7.50 to $9 for your credit report.
All three credit reporting agencies will also provide a one-time copy of a "3-in-1" credit report. This contains your credit reports and your credit report scores from all three reporting agencies. Trans Union charges $34.95 while Equifax and Experian each charge $39.95.
Credit Report Scores - Improving Then
A good score helps you get the best loans. The loan officer will be glad to see you because you will:
- Qualify for a larger loan
- Get a loan faster
- Get the best interest rates.
Back to the main page of Online Credit Report
Credit Report Unauthorized
Lower Credit Card Interest To Pay Off Debt
Can I Get Money To Pay My Credit Card?
Removing Inquiries From Credit Reports
Help With High Interest Creditors
Make A Personal Budget
Credit Report Monitoring
Get New Credit And Social
Letter Disputing Late Payment
Unlimited Equifax Score
Copyright © 2005-2009 Robert Sherman