Fix Your Own Credit, You Can Do It!

This is the continuation of the discussion started in Segment 1.  Understanding the credit repair process and having a realistic expectation of the time and effort needed to repair your credit are key principles to understand, before you begin learning the rest of this courses information.  

This Segment of the course will provide valuable insights as to why you might want to repair your credit history yourself.  We provide important links to government agencies and discuss your rights as a citizen and how the FTC protects those rights.  

In this lecture, we cover the Credit Repair Organization Act.  Especially with regards to where you can find it and exactly how it affects your credit collection and credit repair activities.  It is important foundational knowledge you need to know before attempting any sort of credit repair efforts.  

The credit repair process begins with Step 1, pulling your credit reports.  There are a few ways to accomplish this, one is by writing to each credit reporting agency and requesting a copy of your credit report.  The other way is much easier.  We detail where to find this handy credit report pulling resource and other important things you need to know about the first step, pulling your credit reports. 

The student will gain an understanding how to dispute their negative credit issues that they find on their credit report.  Sample dispute letter examples and templates are included in the additional resources section.  

This segment deals with the tricky and sometimes intimidating process of negotiating resolution of outstanding debt accounts. The student will learn proper strategies and techniques to allow them to gain the upper hand in the interactions with the debt collectors.

Segment ten discusses some of the important timelines to be considered in attempting to resolve credit issues on the credit report. Statute of limitations as well as other important deadlines that could impact the success of the student's credit repair efforts.