Subscribe -- FREE!
Shel Horowitz's monthly Clean and Green Newsletter
Receive these exciting bonuses: Seven Tips to Gain Marketing Traction as a Green Guerrilla plus Seven Weeks to a Greener Business
( Privacy Policy )

How to Clean Up Your Own Credit Record, For Free

If you have credit problems, you're a prime target for scammers out to make quick money off your ignorance. Letters or postcards in your mailbox may claim that a company can erase bad credit, remove bankruptcy and liens from your credit file and generally restore your credit report to gleaming condition. All they ask is that you pay them for the favor. Some companies are charging upward of $500 to do work on your credit report. You can do that yourself!

The FTC points out that a person's credit history is maintained by private credit bureaus that collect information reported to them by banks, stores, mortgage companies and other creditors. These bureaus can legally report accurate negative credit information for seven years from the date of the last action, and bankruptcy information for ten years. If the information is accurate no one can erase it; it remains on your report for the full reporting period. However, if the information is wrong or is still in your file beyond the reporting periods, it can be removed.

You don't need a credit repair clinic to clean up an outdated or inaccurate report. You can do it yourself, often for free! To obtain a copy of your credit report contact a credit bureau or reporting agency in your area. Simply ask for a copy of your credit report. You may have to pay a small fee for the retrieval. If you find that information on the report is in error, notify the credit bureau and define the problem. They are required to investigate it at no charge to you. If your claims are found to be correct, the bureau will revise the report. They are also required to send out corrected copies to anyone who received the incorrect version within the previous six months.

Remember that credit repair scammers will say that only they can clean up your report. They will also ask for money - in advance. In the end, they may do little if anything to rectify your credit history. Don't fall for the claims or pay them any money. Fix the reports yourself.

Laura Quarantiello hates criminals and the crimes they commit. Her book "On Guard" can help you minimize the risk you family faces from criminal elements. Get more information at:

Share this article/site with a Friend

Bookmark Us

Many of the 1,000+ articles on Frugal Fun and Frugal Marketing have been gathered into magazines. If you'd like to read more great content on these topics, please click on the name of the magazine you'd like to visit.

Ethics Articles - Down to Business Magazine - Frugal & Fashionable Living Magazine
Global Travel Review - Global Arts Review - Peace & Politics Magazine
Frugal Marketing Tips - Frugal Fun Tips - Positive Power of Principled Profit

Clean and Green Marketing

Our Privacy Policy

Disclosures of Material Connections:
  • Some of the links on our site and items in our newsletters are sponsored ads or affiliate links. This financial support allows us to bring you the consistent high quality of information and constant flow of new content. Please thank our advertisers if you do business with them.
  • As is the case for most professional reviewers, many of the books I review on this site have been provided by the publisher or author, at no cost to me. I've also reviewed books that I bought, because they were worthy of your time. And I've also received dozens of review copies at no charge that do not get reviewed, either because they are not worthy or because they don't meet the subject criteria for this column, or simply because I haven't gotten around to them yet, since I only review one book per month. I have far more books in my office than I will ever read, and the receipt of a free book does not affect my review.

Site copyright © 1996-2011 by Shel Horowitz