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What Steps To Take To Check And Repair Your Credit History

It is important to check your credit on a regular basis so to protect your identity. Your credit history can play a crucial role when buying a home or a car, getting a new job, and in many other cases.
When Your Credit Is Not Good
When trying to repair a poor credit score, you may come across bad guys who are well aware of the value of good credit. According to the Better Business Bureau’s Scam Tracker,a number of consumers become a victim of credit repair scams.

How does this credit repair scam work? You see a company ad or receive a phone call from a company, claiming it can quickly repair your credit without any difficulty. The company promises it can make your credit report free from your past credit mistake, including your late payments or a bankruptcy. The company may even offer you a new credit identity.
The above-mentioned techniques are identified as scams by the Better Business Bureau. Merchants interested in opening a reliable and secure credit repair merchant account should consider turning to eMerchant Broker (EMB). EMB is voted the number one high risk payment processor in the US and has an A+ rating with the BBB.
Scam Credit Repair Companies
You may be persuaded to contest accurate information on your credit report by some scam credit repair companies. Others may offer you a new ID number that may typically be used by businesses for tax purposes. They may even provide you with a stolen Social Security number and urge you to apply for funding using this new number. This is illegal.
In fact, no one can legally remove the accurate and timely available negative information from your credit report. You yourself can dispute mistakes or outdated items on your credit report at no cost. You can apply to the credit reporting agency for a dispute form. Also, you can submit your dispute in a written form, together with any supporting documentation.
When turning to a credit repair company, the BBB suggests choosing those companies that:
  • Tell you your legal rights and what you can do for free
  • Recommend you contacting a credit bureau directly
  • Do not ask you to pay for credit repair services before any services are provided
  • Do not advise you to dispute all information in your credit report
  • Do not persuade you to take any illegal action
Check your credit regularly even if you have an excellent credit history. You can check your credit report at annualcreditreport.com. Do not forget to use a secure connection.

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