Ask the Dolans: How can I clean up my credit report?
Filed under: Banks, Cards, Debt, Saving, The Dolans
Ken and Daria Dolan, America's First Family of Personal Finance, answer your money questions every Friday.
Click here to ask Ken and Daria your question.
We have always recommended that you check your credit report annually and be on the lookout for bad marks that could drag your credit score down. If you do find negative reports, don't freak out and don't get scammed by those credit companies offering a quick fix either.
Here's the right way to remove any blemishes from your report and keep it that way for years to come.
Dear Ken and Daria,
I have several negative marks on my credit report, but I am working hard to raise my score. What can I do to remove those bad marks?
-Matthew
Did you check your annual credit report and not like what you found? Ken and Daria show you how simple steps can effectively raise your credit score on Dolans.com.
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Reader Comments (Page 1 of 1)
9-14-2008 @ 5:54PM
John said...
Try repairing your credit even when it was not your fault. most companies won't admit fault and leave you hanging. the credit companies won't help you in any way and tend to believe them and not you.
Reply
9-15-2008 @ 6:57PM
Mikey the Nail said...
When the dust settles from any examination of the travesty that has become of credit in the United States, it becomes apparent that anything we do -- except pay our bills on time -- tends to result in a lower credit score.
Meanwhile, there are several different so-called "credit bureaus," each with their own actuaries and secret black box formula for fleecing the people. Your score is good at one? No matter -- a credit can just look at a report from different companies until it finds the one low enought to justifiy the interest rate they want to give you.
This is because the entire system is rigged from the start by the banking and credit industries, which have bought and paid for every piece of legislation that favors them and works against the national interest of the American people.
Time now to lower the boom on the freewheeling, unregulated credit and banking industries, before they drag the rest of the country down with them.
Time now for GOVERNMENT REGULATION!
Reply
9-17-2008 @ 12:07PM
Bonnie Good said...
If there is something on your credit report that is over 7 yrs. old, how do you get it removed?
Reply
9-30-2008 @ 1:35PM
Sandi said...
My husband and I bought our first home over 5 years ago. However, our credit was in such termoil that we had no other choice but to buy our home through a private owner. Fortunately, we did go through all legal proceedings and closed at the attorney's office. We paid all closing costs and signed all the legal papers. We do have all legal closing papers and proof of purchase.However, we pay our monthly note to the individual that we purchased the house from. He is listed as the mortgage company. Because we purchased our home through the private owner and have paid him our monthly mortgage for the past 5 1/2 years, the home ownership is not listed on either mine or my husbands credit. If this was on our credit reports, showing that we have been current for the last 5.5 years, it would shoot our "very poor" credit rating through the roof as positive. It's very frustrating to try to re-build a positive credit rating, when this is our only major purchase and it's not listed. We are at a loss of how to get this onto both of our credit reports. Does anyone have any idea? Desperate!
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11-13-2008 @ 8:48AM
ALIDOU said...
J ai lhonneur de venir tres respectuerusement solliciter de votre haute bienveillance : à savoir de vous demander la crteration de mon mastercard .merci.
Reply