Use the Law to Fix your Credit Report for FREE.

Credit Report mistakes are too common these days. Recent studies show that 1 n 4 Credit Reports have errors on them that would definitely cause a denial in the current lending market. So the question is what do you do to fix the problem? Where do you go to find out if there is a problem? There are so many different resources on the web that provide credit reports but that is all they provide. At CreditScoreQuick.com one of the top providers on the web of all types of free credit score reports, and FREE credit repair tips and advice, you can assure yourself that you will get what you need instantly over the web. This is the only website on the internet that was created by a lender, not some company pushing credit reports. You can go to this website and fix your credit, and ask credit questions 24/7 for FREE.

Fix your credit score quick process:
1. Pull a copy of your credit report with all 3 credit scores.
2. Determine what is reporting on your credit report incorrectly.
3. Determine what is supposed to drop off: Here is how long credit collections, charge offs, and foreclosures are supposed to be on credit report.
4. Go here: to dispute incorrect information on-line.
5. Give the process 30 to 60 days, and then re-pull your free credit score report again to determine what has been removed.
6. If you have a collection on your credit report, look for the number of the reporting creditor and call them to get their address. Once you have obtained their address mail them a debt validation letter. The creditor will have 30 days under the Fair Credit Reporting Act to provide proof; if they don’t then it must be removed from all 3 credit bureaus.

The Right to Validate Your Debt
Under the FDCPA, you are allowed to validate this debt, and the creditor (in this case, the collection agency) must show you proof that you owe the debt to the collection agency (not to the original creditor.)
The specific section of the FDCPA:
FDCPA Section 809. Validation of debts [15 USC 1692g]
(b) If the consumer notifies the debt collector in writing within the thirty-day period described in subsection (a) that the debt, or any portion thereof, is disputed, or that the consumer requests the name and address of the original creditor, the debt collector shall cease collection of the debt, or any disputed portion thereof, until the debt collector obtains verification of the debt or any copy of a judgment, or the name and address of the original creditor, and a copy of such verification or judgment, or name and address of the original creditor, is mailed to the consumer by the debt collector.
Plus, they must show proof positive that you owe them this debt. It's not enough to send you a computer-generated printout of the debt. There is an opinion letter from the FTC to back this up:
http://www.ftc.gov/os/statutes/fdcpa/letters/wollman.htm
Nor can they ask you to pay for digging up records of your debt:
http://www.ftc.gov/os/statutes/fdcpa/letters/krisor2.htm
So, if a creditor can't verify a debt:
* They are not allowed to collect the debt,
* They are not allowed to contact you about the debt, and
* They are also not allowed to report it under the Fair Credit Reporting Act (FCRA). Doing so is a violation of the FCRA, and the FCRA states that you can sue for $1,000 in damages for any violation of the Act.
The opinion letter from the FTC which clearly spells out that a collection agency CANNOT report a debt to the credit bureaus which has not been validated:
http://www.ftc.gov/os/statutes/fdcpa/letters/cass.htm
It also states that you can sue in federal or state court. So if you have them on a violation, then you have damages of $1,000 for the incident plus damages. Small claims court, anyone?

We hope this will give you some ammunition for clearing up your credit. Don’t let collection companies harass you unless they can follow the process giving.

About the Author: Mike Clover is the owner of http://www.creditscorequick.com/. CreditScoreQuick.com is the one of the most unique on-line resources for free credit score report, fico score, Internet identity theft software, secured credit cards, student credit cards , mortgage loans, auto loans, insurance and a BlOG with a wealth of personal credit information. The information within this website is written by professionals that know about credit, and what determines ones credit worthiness