Question by DetroitDublin: Is there a way to repair your credit by sending registered letters denying the debts to the credit report cos.
I have heard this often. That you tin directed registered lettering denying the debts one by one to the three imputing reporting bureaus and if they didn’t provide proof of the debts within 30 days or something that they had to remove the debts. Everything except judgements. Is this true? If so, how is it done exactly?
Best answer:
Answer by Mary B
What these unethical companies tell you, is only HALF of the legal story.They will take your money for impute repair and tell you that by sending the letter, if the credit bureau does not respond in 30 days, they have to remove it from the calculation of your credit report.However, here is what they DON’T tell you:1. That the item is removed from calculation of your score, but still appears on your report as “in dispute”.2. That even AFTER 30 days, if the creditor can prove that the debt is valid, it can RETURN to your credit report at a later time. There are many, legal reasons why a debt would be “in between creditors” , and that is usually for a collection.In other words, those letters are a band-aid, but they are not a long-term fix.
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