Bad Credit-How to Fix Legally Fix Your Credit History

Nathalie Fiset

Visitors: 298

Probably one of the most insane situations a person can get into is when all his finances are out of control and there is nothing but complete mayhem. When your credit history is at its all time low and even the most strict methods of monetary discipline seem to fail, then there is nowhere else to run to but your your lawyer; yes, because he's the only one that can legally fix your credit history.

It is tedious to do things on your own and there is even a greater tendency to create errors whenever knowledge on the aspect of credit history is involved. And having errors is, frankly, the last thing that you should have when it is legally fixing your credit score that is being discussed. There are numerous legal firms who can help fix the damage you have incurred on your credit history.

Most of these legal agencies have a pool of attorneys and credit experts that will analyze your problem. Most of them have been trained in the areas of finance and credit. These people do know what to do and they immediately act upon the problems that caused your low credit reputation, in a legal manner.

You have several options in fixing your bad credit score legally. The first choice is to hire an attorney who can look into your financial issues and help solve them to improve your credit history; or you can just wait for about 7-10 years and your bad credit history will clear itself naturally. The 7-10 years will erase any negative information on your credit score. But are you willing to wait that long when you can legally do something about it now?

The first move that credit repair firms often do is to check the accuracy of all the data in your credit history. If there is any erroneous information that has been included in the report, your lawyer should be able to legally dispute it right away. First, they send a written challenge to the bureau who will have 30 days in which to reply. In case it takes more than 30 days, the dispute is then considered valid and it can be deleted from your credit history immediately.

Together with your lawyer, know the credit repair laws. Aside from errors on your credit history, both of you could dispute any old information.

What is old information? This is any information regarding your credit that is older than 7 years or regarding bankruptcy that is over 10 years. Always remember that old information should no longer be seen on your credit report.

Another instance that you should start seeking legal assistance is when your requests for credit are continuously being turned down due to your race, *** preference, religion, gender, or even age. It is against the law to turn down credit using these factors as reasons for denial. There is legal help on these matters.

There is an ongoing method that promises credit repair but would only put you deeper into debt so avoid it. This is when a company advises that you do the so-called file segregation. When you engage into credit file segregation, all the vital information that you have, such as your phone numbers or mailing address, will be changed. You are, technically, acquiring a new identity because all the information that you had on your previous credit applications do not match the present information. This, in a way, erases the old bad credit.

In addition to acquiring a new address or phone numbers, legal experts could also ask you to get an EIN (Employer Identification Number). This practice comes with a word of caution, though. It is a legal offense to deliberately give out a different social security number or obtain an EIN when you are not entitled to do so. Do not ever enter into a transaction involving file-segregation! This is not the way to fix your bad credit legally.

Remember to veer away from agencies that offer to fix your credit history in 24 hours or just a few days for that matter. This is impossible. Remember to do bad credit fixing legally, it takes time to fix something that was damaged, whether tangible or intangible.

For more information now go to: or


Article Source:

Rate this Article: 
Fix Bad Credit
Rated 4 / 5
based on 5 votes

Related Articles:

Fix Your Bad Credit History in 10 Ways

by: Nathalie Fiset (February 20, 2007) 

Fix Credit Legally

by: Hyder Khan (April 22, 2008) 
(Finance/Credit Tips)

Amazing Ways in which you can have high Credit Score with Bad Credit Fix Repair

by: Bhart Brij (November 23, 2009) 

How Do I Quickly Fix Bad Credit? 2 Simple Steps to Improving Your Credit Score ..

by: Ian Hollander (July 24, 2008) 
(Finance/Credit Tips)

Legal Credit Repair Services How Can They Help You Fix Bad Credit

by: Daryl Johnson (July 23, 2008) 
(Finance/Credit Tips)

Fix Bad Credit - 6 Easy Tips On Rebuilding Your Credit

by: Delia Galley (September 21, 2005) 

Fix Bad Credit - What You Need to Know Before You Start Fixing Your Credit

by: John Stevens (November 30, 2010) 

Credit Repair - 5 Steps You Can Take To Fix Bad Credit

by: Ivan A Cuxeva (March 31, 2008) 
(Finance/Credit Tips)

How Do Fix Bad Credit

by: Tech Guy (June 20, 2010) 

Fix Bad Credit

by: Jim Banks (May 28, 2007)