1. Credit Repair Secrets
Presented by: myEcon
REV

2. DIY CREDIT REPAIR EDUCATION
Whether bad credit is new to you or it’s been dragging you down for years, this can be the year you turn things around. As long as you have the motivation, we can guide you through the process every step of the way.
DIY CREDIT REPAIR EDUCATION

3. How long does information stay?
Accounts Paid As Agreed 10 years Bankruptcy 10 years Collections years Judgements years Late Pays years Paid Tax Liens years Unpaid Tax Liens Indefinitely
How long does information stay?

4. Strategy Trumps Brute Force
Payment History counts the most towards your credit score; however, it is only 35% of the overall count.
Smart strategy can pick up 65% in other areas to give you an increased score.

5. Knowing your credit score won’t do you much good when it comes to credit repair. What you need to know are the negative items affecting your credit score and that means looking at your credit reports.
How’s your credit?

6. Request Your Credit Report
Step 1
Helpful Resource:
AnnualCreditReport.com
Get free credit reports
Equifax
Experian
Transunion

7. If you are going to be actively involved in repairing your credit, you will want to track your results. Credit monitoring will not only provide you with snapshots of your improvements but it can also alert you to potential problems quickly.
Do I need monitoring?

8. Identify Errors on Your Credit Report
Step 3
Identify derogatory items
Mark & rank items to dispute
Bankruptcy
Foreclosure
Repossession
Loan Default
Court Judgments
Collections
Past Due Payments
Late Payments
Credit Inquires
Less than 2 years old

9. Write Credit Repair Letters
Step 4
4 Dispute Letters
Verification
Method of Verification
Violation of FCRA rights
Intent to Litigate
Goodwill
Pay for Delete

10. Mail Credit Repair Letters
Step 5
Avoid Online Disputes
Send via Certified Mail
Return Receipt
30 days to investigate
Keep good records

11. Reduce Credit Utilization
Step 6
Pay Down Credit Card Debt
Income Shifting Strategy
W4 Adjustment
Minimize Expenses
Debt Elimination Software

12. How do I create new credit history?
Taking care of the negatives on your credit report will only get you so far in the credit repair process. At some point you are going to need new, positive credit to boost your scores.
How do I create new credit history?

13. Rebuild Credit Step 7 Add Credit History Check Credit Mixture
Department Store Card
Secured Credit Card
Secured Installment Loan
Credit Builder Loans
Authorized User
Check Credit Mixture
Challenge Hard Inquires

14. Check Disputes Step 8 Be patient with process
Don’t give up
Exhaust the process
Add statement to file
Consumer Financial Protection Bureau
Credit Attorney

15. Final Summation Rebuild credit while disputing derogatory items
You may not remove all negatives
Pay current debts on time
Credit improves over time
Keep monitoring

16. Smart Money Kit 26 Step by Step DIY Credit Repair Videos
4 Rounds of Dispute Letter Templates
Little Known Re-establish Credit Sources
Income Shifting Strategy
Minimize Expenses Tool
Debt Elimination Tool
Investment Calculator
One Time Payment of $99.95

17. As overwhelming as the credit repair process might seem, it’s easier than it looks. It’s also well worth whatever effort it takes to get your credit back on track. The sooner you start, the sooner it’s done, so why not start right now?
June Collier
Get started today!