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How to Repair Your Credit ((Part Five))
Easy items to dispute and Remove
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Any item older than 2 years
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Discharged bankruptcies
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Inquiries
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Charge-offs
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Car Repos>>
Late payments
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Any Account that was late but is now paid off
These items are usually easy to remove
because when you open a dispute on a more aged account or a
paid or charged off account, the creditor is simply less
concerned with the account and just doesn't keep it on
record. More that likely that creditor is unable to locate the necessary information to verify
the disputed item. Whether the account was seriously past
due or not doesn't make a difference as long as it was paid
offid off. The creditor will not waste time to verify the disputed
item since they already fot their money.
Difficult items to dispute
>> Recent Bankruptcies
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Any Account that is currently past due>> Judgments
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State Tax & IRS Liens
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Current collection accounts
They are more difficult because your creditors keep these accounts in their current file system and they want you to pay them. This makes it easy for them to verify disputed information and keep the disputed item on your credit report. But, it is certainly worth a shit.
Important: It is 100% legal for you to dispute any item on your credit report even if you know that it is correct. You are simply testing the waters. You are checking to see if your creditors have maintained the appropriate records to verify the disputed negative item. Remember, you simply have a very bad memory and forgot if the negative account on your credit report is really yours.
All Federal Laws require the Credit Bureaus to verify any disputed items. If they are unwilling or unable to verify your dispute, it must be removed from your credit report.
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