Are you about to pay for a credit repair service which may end up costing you hundreds of dollars? Please stop right there and check out this video first. Try out the methods I describe and see where your credit goes after. Just doing a few of these simple steps will get you many points added to your credit score specially if you have never gotten your credit report before.
How’s it going everybody business beat the bush today i’m going to talk about how to repair your credit today is not about me recommending a credit repair service mainly because i think those services are really really costly and you can actually do this yourself for free basically today i’m just go over a few basic things where it will actually help you repair
Your credit if you’ve never done this before this is the place to start so i get a lot of comments on my credit score videos where people are outlining their credit history to me basically they have a car loan they missed a few payments maybe they have a student loan and maybe they carry some credit card debt as well the thing i generally tell these people is that
You really really need to have a good payment history the more you pay off your credit cards basically having a zero balance the better but if you don’t have the money to pay it all off it’s good to just make the minimum payments at least if you have a car payment you really got to make the minimum payments don’t ever have a late payment if you have a student loan
Also don’t make the late payments always be on time for all of those requirements the next thing you should do is get a free credit report i’ll put a link right here for that you have to watch out for all the other free credit report places because yes they do give you a free credit report but they try to upsell you on other services which you don’t really need you
Just want the free report itself and this is completely free so don’t put your credit card numbers in or anything it’s completely free through this link over here removing your credit report is kind of like a mystery to most people but it’s really easy actually once you figure out how to do it i equate this to kind of like changing your oil if you’ve never done
It before yeah it seems kind of daunting and so you might want to pay people you know 100 200 300 dollars and sometimes we charge per bad mark removal of like hundreds of dollars per bad mark you really don’t need to pay for any of this if you are willing to spend some time and do it yourself i did this before myself when i first called the report i was like oh my
Gosh what’s going on whenever i see something that i don’t recognize then i call the company it generally takes me about 30 minutes or so and that’s how i remove about 3 of the bad marks on our credit report a long time ago the first thing you do of course is get that free credit report you can actually download the pdf format so you don’t actually have to wait for
It to come into the mail for you the next thing you do is gather up all your credit cards have more than one maybe five or six or maybe some that you don’t use at all you might have to dig those out and kind of figure out what account number they are if you have a lot of idle credit cards it might be hard to try and track down which one you actually have then you
Take all these credit cards and cross-reference them inside your credit report make sure you know each and every single item and if you actually have a credit card that goes with it sometimes the credit account might be something that you’ve forgotten so make sure that you really really know and think about it long and hard before you try to get it removed because
You might just have that accounting just don’t realize it it might be a store account it might be account for student loan it might be a loan of something else once you find something that’s not yours i was pretty surprised myself that when i looked at my query report wow there’s the several items that’s actually not mine at all it was like some other name some
Other address or something like that so let me show right here is my transunion report on american express underneath the credit card company name there’s also the address and also a telephone number you can either write them a letter or you can actually call them i prefer to call them because you don’t have to send something’s in them you might have to wait on
The phone a little bit so it takes a little bit of effort to go through but once you start talking to them you can just explain to them this is not mine it’s not my name i don’t know who that is my actual name is so-and-so or like your address and so-and-so once you convince them they would actually report that to the credit bureaus and then get it removed for you
There’s also a disputing mechanism inside each credit bureau so you can go through that as well you might think that you might not have these errors i was pretty surprised i have a few myself and this is exactly what caused me to be able to go from maybe 700 and much higher than that if you’ve never looked at your credit report this is something you really really
Need to do because it could be eating up five hundred 100 points of your credit score i do recommend though when you look at your credit score you really need to only contest the things that really is not yours if you actually fail to make a payment for something and you see that there of course you can’t go and dispute it just because you know you’re hoping to get
It removed i’ve heard cases where if the company cannot positively prove that you were late then they would actually remove it for you so there’s a small chance that you can get something that you actually did remove but this is something that i don’t recommend because i just prefer to look at the credit report and just correct things that are actually incorrect
I hope this video helps you guys save a lot of money instead of paying the credit repair agencies you can just do this yourself don’t we just to give me a like on this video comment down below let me know if this video helps you repair your credit or not if you’re interested in supporting this channel because somehow i hope you repair your credit you can check out
My audible link down in a visitor envelope where you can actually get a free audiobook and if you cancel before the trial period ends you can still keep the book and you can still help benefit this channel don’t forget to check out my patreon link over here and don’t forget subscribe thanks for watching
Transcribed from video
How to Repair Your Own Credit for Free | BeatTheBush By BeatTheBush
