Tips on Removing Adverse Accounts from Credit Report

Having adverse accounts reflect on your credit report is rather detrimental to getting a better credit score. It could be extremely frustrating seeing negative information on your credit report. You just want it to go away. You probably would have seen lots of ads make claims like “We can erase your bad credit-100% guaranteed". These are ads from professionals. You can also do it yourself actually. To help your way to a better credit score, here are some tips to getting adverse accounts removed from your credit report. You will agree with me that a better credit report is a key to getting approved for credit cards. Therefore take advantage of these tips and get a credit repair as fast as you can.• Start with a Credit Dispute LetterBy law, the FCRA (Fair Credit Reporting Act) allows you to dispute any item that you find questionable. Write a detailed dispute letter using this advanced credit dispute letter template. Send the letter to the credit bureau. Once the bureaus receive a dispute, they contact your creditor. Creditors are given 30 days to verify the account. In a situation where the account cannot be verified, it must be removed from your credit report.• Write a Goodwill LetterDisputing the negative entry might not work. Don’t worry. The next step to take is to write the creditor or collection agency. Ask them to remove the negative entry out of goodwill. Writing a goodwill letter is basically to explain your situation to the creditor. This would work faster if you’re a current customer because they would want to keep your business.• Negotiate “Pay For Delete”If you have charge offs, the best way to get them removed is to negotiate with the creditor. Many times, they might have already sent the account to a collection agency. However, some might be willing to negotiate. Offer to pay the unpaid debts if they agree to delete the negative entry from your credit report. Don’t do this over the phone. Removal is more successful when you get everything in writing.• Have a Professional Remove the Negative EntryYou might not be comfortable handling your credit repair yourself. If you are the type of person who would prefer a professional handle it, hire a professional credit repair form to get it fixed. They usually get adverse accounts removed a lot quicker. They can delete all kinds of negative items from your credit reports, including: bankruptcies, foreclosures, repossessions, charge offs, judgments, tax liens, collections, late payments and more.In reality, you will need a professional to get this done for your quicker and better. Doing it yourself without the right knowledge will not help your credit, be ready to involve a professional firm.[contact-form][contact-field label='Name' type='name' required='1'/][contact-field label='Email' type='email' required='1'/][contact-field label='Website' type='url'/][contact-field label='Comment' type='textarea' required='1'/][/contact-form]