There are quite a few derogatory items that I do not recognize, but it is possible that they are correct. Should we challenge them in our credit repair program?
We advise our credit repair clients to give themselves the benefit of the doubt when selecting items to challenge on their credit reports. The credit reporting system is massive and prone to error. There are a vast number of parties involved and billions of pieces of data processed daily.
Errors Are to be Expected
The three major credit bureaus depend on the input of millions of creditors and collectors as well as service bureaus that gather public record information from courthouses. The entry and transmission of all this data is dependent on an array of software programs and human operators. Errors are to be expected. Even more relevant to the need for credit repair is the fact that a significant margin of error is tolerated not just by the credit bureaus, but by the Fair Credit Reporting Act itself which repeatedly emphasizes that reasonable measures are sufficient in the pursuit of accuracy.
Take Care of Yourself
Ultimately, you alone have the interest and firsthand knowledge to police the accuracy of your credit reports. If you do not make a credit repair effort it is very likely that the derogatory information will continue to report for years, all the while hurting your credit scores.
When in Doubt, Dispute
Examine your credit reports with the most critical eye. If you are not certain of the accuracy of the information that is being reported, let’s add it to the list of items to include in your credit repair effort. In addition, you should be aware that we will be proofreading your reports very carefully with the intention of spotting compliance issues. Accounts with compliance issues might look correct to you but should not be reporting by law. Together we will succeed!