Credit Cards For Fair Credit

If you just got off a phone conversation with your loan officer and you were denied, your head might be whirling as you wonder what in the world they were talking about when they told you: “You have got to do credit repair. It is easy. You just draft credit dispute letters to the credit clinics and dispute the bad accounts on your credit report.” Uh… ok. How do I puzzle that out – Is that your first question? If your loan officer truly wants to help you, she will also help you figure out the credit repair letters.

I assume most loan officers would like to help, but the task of writing all the letters is a bit much for them also. It is a bit of a vicious circle. Your lender knows how to do it and what to do, but they don’t want to take the 3 or 4 hours needed to do it. You have no idea how to do credit repair and you likely don’t have the 20 to 30 hours you’ll need to figure it out!

There are options for your loan officer whereby they will not have to invest that much time generating your credit repair letters. You might want to clue them into a website called creditblossom.com. This site allows your loan officer to prepare your dispute letters in ten – 20 minutes.

The use of this website does not get you entirely off the hook. You still have to put some effort into the self credit repair process, but the exact instructions will be given to you with all the letters. The service will give you detailed directions on what to do with the letters.

Much of what I have reviewed about credit repair on the web doesn’t specify that you have to include a copy of your Driver’s License, social security card as well as a utility bill with all the letters. The instructions from Creditblossom.com will walk you, and your loan officer if necessary, through each of these technical details. It is your one-stop credit repair guide!

Credit repair is not hard and it does not need to cost you a lot of capital. In fact you can do it all for nothing if you have the time to puzzle it all out. Better yet – utilize this service that will take the guess work out of the process and will save you a lot of your precious time.

A few other things to keep in mind that you need to do in conjunction with credit repair are:

1. Reduce the balances on your credit cards to 30 percent of the limit, or get your limit raised so that the balance is equal to thirty percent of the limit. You might also consider dividing the balances between a number of with higher limits.

2. Keep everything current. If you are not current on your debts that report on your credit, get them current before you attempt any credit repair.

3. If you don’t have a lot of credit, try to get a new account and start using that and paying it off monthly. You ought to have 2 or three good accounts on your report to help bring up your score.

Best of luck!

Related Credit Card Sites

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• Credit repair: Why it is easier than you think! « Blogg