Credit Repair Education

Latest Guides

  • Debt Consolidation Scams
    While there are some reputable companies who can help you reduce or eliminate your debt, there are many more who only offer misleading statements and outright scams. Learn how to tell the difference between the two.
  • Beware of Credit Repair Agencies
    Firms claiming they can help you obtain stellar credit in a short time span usually charge hefty upfront and monthly fees, and produce limited results. Learn how they operate and why their methods aren't usually successful anymore.
  • 6 Steps to Improve Your Credit Score
    Your credit score has a huge impact on your financial life. It dictates whether or not you’ll qualify for new loans or credit cards, and at what interest rates. Follow these steps to make sure your score is as high as it can be before approaching lenders.
  • Fixing Errors on Your Credit Report
    It’s likely that your credit report contains some kind of error, whether minor or serious. Be proactive and correct inaccuracies now, before they cause you problems in the future.
  • Bureau Dispute Tips

    Offers credit repair report information.

  • Sample Dispute Follow Up Letter
    Sample letter can be tailored to your specific credit report dispute action with the top credit bureaus.
  • Sample Dispute Letter
    Offers information credit bureau report dispute process information.
  • Credit Bureau Addresses
    Address, telephone and web site contact information on TransUnion, Experian and Equifax credit bureaus.
  • Credit Issues In Divorce
    The Equal Credit Opportunity Act requires that companies reporting to credit bureaus must make their reports in the names of both husband and wife if both use an account or are responsible for repaying the debt. SPENDonLIFE.com explains what to do if a credit account is not in your name. We also show you how to determine which spouse is responsible for repaying debts.
  • Billing Errors & Disputes
    While frustrating, credit errors can be corrected. It takes patience and knowledge of dispute settlement procedures provided by the Fair Credit Billing Act (FCBA). We list 7 common billing errors. Know how to respond to errors. Our handy sample dispute letter is a good guide. Find out what creditors must legally do if you file a dispute -- and what you can do if they don't obey the law.
  • Negative Information On Credit Report
    Negative information can be removed if it can't be verified. Most negative items are automatically removed after seven years from the original delinquency date. Here are exceptions: Bankruptcies are on your report 10 years; and Lawsuits or unpaid judgments against you can be reported more than 7 years if the statute of limitations is longer. See three items for which there is no time limit.
  • Credit Repair: Budgeting Your Credit Card Debt
    Budgeting. Lock your credit cards up, don't CUT them up. If you cancel them while having financial difficulties, you may find it hard to get one again. In order to get an overall look at your family income and debt, you need to sit down and total up what your net income or take home pay is, against what you owe in everyday living expenses and regular bills, including your credit cards....
  • How To Resolve Credit Problems: Credit Repair
    Once you have gotten your credit reports from all three reporting agencies, or, better yet, from a company that combines all three into one report, there is a specific procedure for removing and correcting items, or adding your own statement. This is a great way to begin the credit repair process. It is well worth your time. We give you a step-by-step guide to dealing with the credit bureaus.
  • Credit Repair Organizations
    Whether you hire a credit repair clinic or use your own initiative, keep these tips in mind: Dispute bad credit information; Alert others to errors and start to repair your credit; Order a free copy of your credit report; Beware of upfront payments; After any credit report investigation, get a free copy in writing. Plus, 8 credit legal rights. And how long negative info. stays on your report.

Latest Blog Posts

  • My Credit Journey - Starting at Rock Bottom
    When I was growing up, I could care less about credit. I didn't understand credit cards or loans - all I really wanted to do was buy cool clothes and go out a lot. I blew off paying student loan bills, never expecting to screw my future self up so badly. Here's my story.
  • Be Smart with Your Tax Refund
    How will you spend your tax refund this year? If you have debt (and, really, who doesn’t?), consider using your check from the IRS to do some serious good…for your credit score.