Remove Collection Accounts From Your Credit Report Today
Have you had credit problems in the past and still can't seem to get credit? Then what you need to do is remove collection accounts from your credit report today and get your credit rating back on track. Just one small late payment can stay on your credit report for up to seven years, stopping you from being awarded credit and blemishing your credit report unnecessarily. So if you want to know how to remove collection accounts from your credit report, then read on.
If you were aware that paying back a DEBT was not all that was needed to regain a good credit status, chances are you would think twice about paying the DEBT off at all; After all, what is the point of spending your hard-earned money on paying back a DEBT if it will still show on your credit report' Very little I hear you say. So what can you do to remove collection accounts from your credit report today?
Firstly, what you need to do is order a copy of your credit report from all the three major credit agencies; Equifax, Experian, and TransUnion. With these three reports in front of you, you can begin to find out where you still apparently have debts that are damaging your credit status and more importantly your life. So what do you need to do to remove collection accounts from your credit report today? What you need to do is write a letter to each of the creditors where you see a credit account featured on your credit report.
Once you have paid back a past DEBT, although you no longer owe any money to the creditor, your bad credit can stay on your credit report for seven years, this really is totally unnecessary, and often a simple dispute letter will be enough to have this mark removed from your report. Write a letter to each creditor asking just for the collection account that appears on your credit report. The creditor or money lender will have a specifically allowed time in which to contest your letter, and in which time, if they cannot justify the collection report, then they are obliged to remove collection accounts from your report.
That's right, it really is not difficult to remove collection accounts from your credit report; in so many cases the moneylender will have no justification for the appearance of the collection account, and it will be removed, free of charge. You are quite within your rights to demand that these past collection accounts are taken away from your credit report, as they really can be having a detrimental effect not only on your Credit Score but also on your life. Learning how to remove collection accounts from your credit report is just one of many useful steps you need to take to gain a good credit rating and enjoy the credit facilities that you should be allowed. Read more online today about how to remove collection accounts from your credit report, and start enjoying your life to the full.