<—-  (Play Video) There are 4 critical stages of credit repair. If one is attempting to repair their credit and increase their credit scores, they must address all 4 of these critical areas.  Not completing all 4 of these stages can be frustrating and even dangerous to one’s credit. What does it take to fix bad credit? One of the most important aspects of fixing credit that cannot be missed is that if you do it wrong, it can make it nearly impossible to fix it in the near future. So I’m going to give you the four stages to fixing your credit. The four stages are called: Validation,...

Stage #1 of the credit restoration process, leverages a law known as the Fair Debt Collections Practices Act in conjunction with the Fair Credit Reporting Act. This stage involves sending letters directly to the creditors asking them to validate the debt. Stage #1 is called Validation – The primary law that you are leveraging in this step is the Fair Debt Collections Practices Act which came about in 1978. Validation focuses on any outstanding debts you have on your credit report from Debt Buyers or Primary Debt Collection Agencies.  This step does not apply to 1st or 3rd party collectors.  1st...

In stage #2 of the fixing your credit process is called Investigation and it relies primarily on the Fair Credit Reporting Act (FCRA). This is the most common way that people learn about when researching the credit restoration or credit repair process. Unfortunately, it comes with it’s dangers and pitfalls. Stage 2 s called Investigation – The Primary Law you are leveraging in this step is the Fair Credit Reporting Act of 1970 and the updated Fair & Accurate Credit Transactions Act of 2003. This step goes right to the 3 Consumer Reporting Agencies: Experian, Equifax & TransUnion.  I...

Stage #3 of the credit repair process is one of the most powerful and effective ways to raise credit scores quickly. A key factor is that you must NOT jump the gun and move to stage three before completing stages 1 & 2… Stage 3 of the credit restoration process is both daunting and powerful at the same time. Negotiation. Now some people think that you can negotiate or even speak directly with the 3 CRA’s Equifax, Experian or TransUnion but they are virtually untouchable to consumers but keep in mind that they only report the data that is sent to them. Negotiation must be done directly...

When working to increase credit scores you cannot simply focus on removing the bad items from your report. Good credit scores require good credit history so if you don’t have any good credit history you need to start building that history. The biggest mistake in this stage is to jump too quickly into starting new credit… The final stage of the restoration process is called Construction. We call it construction because this is where you start building back your credit. You cannot simply remove bad items from your credit file. The scoring models need something positive to look at. If you...