Is there such a thing as legal credit repair? Sometimes just mentioning the words "credit repair" can draw looks of suspicion. People think..."it's your credit, you should live with your mistakes.", "credit repair cannot be legal" or even "it's a scam." The simple fact is that none of these accusations are correct. It is your legal right to repair any errors or unverifiable records on your credit reports.
The burden of proof rests with the credit report agencies. Equifax, Experian, TransUnion, and any other company that specializes in recording and reporting your personal data must verify that the data they have is true and accurate. If that cannot be verified, then it must be removed from your record.
Surprisingly, more than 70% of credit reports contain serious errors! If credit repair were not legal or it was a scam, then what should you do? Live with these errors on your credit reports? I once ran into a widow whose husband had passed away over six years prior. She had to let her house go to foreclosure because she no longer could pay the payment with just her income. Amazingly enough, the date of her foreclosure was being reported incorrectly. In fact, for some reason every month it was being reported that it had just happened that month! This had been going on for years.
Simply fixing this one major error improved her credit scores over 180 points in 1 day. Not only that, but it changed her life. She had been living without the ability to get any type of credit for that entire time. When I am asked if there is such a thing as legal credit repair, I simply bring up the story of the widow. It puts things into perspective rather quickly.
If you are in need of legal credit repair, I suggest you work with a professional credit repair company or law firm. I personally recommend Lexington law firm. Please visit my website for my complete Lexington law firm review.
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