Link to a forum : I am a newbie if someone could clarify for me.

First comment from this forum :

23-12-2007 (>10 posts)

"I received a phonecall this week from Portfolio Recovery Assoc. and they were trying to remind me of a debt that I owe from 17 (seventeen years ago) they wanted to know what kind of arrangements I wanted to make in order to pay them the amount they said that I owe. I was very brave because I know my rights. I said NONE. I told them that has passed the SOL many times over and that they could be sued for trying to collect a debt after the SOL. Am I correct and what should be the next step if any? I did look at the combo letter in the first newbie Sticky.

Best,

Rob"

see this forum at : http://www.debt-consolidation-credit-repair-service.com/forums/showthread.php?t=279252

Link to a forum : Newbie Denied by Hooters

First comment from this forum :

12-11-2007 (21 posts)

"I am trying to rebuild my credit to buy a home in 6 months. It doesn't look like it is working! Hooters just denied me.

Good Credit:

I have two credit cards with low balance to limit ratio (9 and 6 month perfect history), and an auto loan (12 month perfect history).

Bad Credit:

2 student loans in default reporting to all 3 CRA's. Any suggestions on a rehab program? They want 20% down and 9 months to report to CRA's.

1 collection with Experian that is paid.
1 collection with Equifax that is paid. 1 student loan duplicate.


Can anyone suggest a reputable service to use? I don't stay on top of it.

Your Latest FICO® Scores
TransUnion
558 Date: 12/10/2007
Equifax
599 Date: 12/10/2007
Experian
485 Date: 12/10/2007

Thanks"

see this forum at : http://www.debt-consolidation-credit-repair-service.com/forums/showthread.php?t=278733

Link to a forum : Does anyone else agree???

First comment from this forum :
09-10-2007 (151 posts)
"


... That waiting for the results of a dispute is excruciating & painfull.


2010 is toooooo far away
"

see this forum at : http://www.debt-consolidation-credit-repair-service.com/forums/showthread.php?t=274193

Link to a forum : Where to begin

First comment from this forum :

08-13-2007 (11 posts)

"This is my first time posting and I need some advice as to how to start repairing my credit. What I would like to do is remove as much as possible. I've been reading about all these different types of letters and steps to take. I already have my credit report, and there are about 10 things I would like removed. I have:

-2 charge off's, which are both store credit cards for about $100 each, which were opened in 2001 or 2002 and havent been used/payed for at least 2 years

-3 credit cards for between $500-$1500 each, which also haven't been used/payed for a couple years

-a bunch of cell phone bills that have been turned over to creditors

I was also reading about deleting old addresses, which I would like more info about. My store credit cards were both opened at a super old adress from about 5 years ago, and I could probably disute everything from that address.

Someone please tell me where to begin!
(if you have the time for an e-mail, that would be the best way to respond, or aim or yahoo messenger)
Thanks everyone!"

see this forum at : http://www.credit-repair-forums.com/thread4387.html

Below are the most searched keywords,about 'credit repair',in the internet (datas of 2007)

Search	Word
170865	credit repair
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3822	credit report repair
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2675	free credit repair
2257	fast credit repair
2253	credit repair service
1885	credit repair attorney
1638	repair credit score
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1440	free credit repair help
1337	free sample credit repair letter
1268	legal credit repair
1252	credit repair after bankruptcy
1203	free credit repair letter
1187	credit repair kit
1099	emergency credit repair
1083	credit repair business
1006	credit repair loan

source : http://www.zirve100.net/incele.php

Link to a forum : PRIMER on credit repair.

First comment from this forum :

"Originally Posted by Divemedic

Revised PRIMER on Repairing Credit

--------------------------------------------------------------------------------

I am writing this as a guide to how I cleaned negatives from my credit report. There was an earlier version of this thread, but I have since learned a few things about the repair process, and I decided to rewrite this guide. I also hope to correct some misconceptions about the validation process.

This entire process is designed to prepare a case to take the CA and/or OC to court. If the CA or OC goes away before you get to the point of a lawsuit, GREAT! However, that is sometimes not the case.

Let me start by telling you some history. I started in credit repair by doing what so many of you have already tried: Paying them. I discovered what you may already know: PAYING A CA IS THE WORST THING YOU CAN DO. I got a pair of paid collections for my trouble. I decided then and there to figure out how to do this. Since, I have taken on a combined total of 30 CA’s and OC’s. Cell phone companies, landlords, a couple of banks, and some CA’s. I had to sue 8 of them. I have settled out of court in every case, and to date I have received nearly $10,000 in settlements. My credit score when I started was 557, and it is now in the 760 range. You can do that, as well.

The first thing you must do, is you need to obtain a copy of your credit report from all 3 agencies. A 3 in 1 report doesn’t cut it. There is much more detail to be found in the individual reports. Go ahead and spend the $30 or so. It is worth it. Save copies of the reports, you will need them.

Next, dispute all of the negative TL’s on your report. The older ones usually will come off the easiest. I got 4-5 deletions that way. This was effective on about 20% of my accounts. This will take 30 days or so for the investigation to complete. You can dispute over the phone, because I don’t feel like suing the CRA is the best way to go. If you aren’t going to sue them, you don’t need the documentation that goes with CMRRR. Suing CRA’s and getting tough with them may work for others, but I have had better luck dealing with the CA’s and OC’s.

Next, after the initial investigations are complete, look at the now verified tradelines. Are there any discrepancies? Do they all agree with each other? Or does your EX report show a $100 charge off, while your EQ shows a $110? If any do not match, that is good for you. The FCRA requires that all tradelines be “complete and accurate” and how can they be accurate, if they don’t even match each other? Legal leverage, to be used later.

Now, you will DV all of the remaining CA’s and send dispute letters to the OC’s. You can take your time and eliminate them in manageable groups. However many you have the time and money for, whether it is 3 or 10 at a time. The way to do this is simple. You just send them a letter telling them that you dispute. That is it, no special wording or anything is needed. In fact, I am now advising you to stay away from the sample “form” letters that so many are sending- the CA’s are on to them.

Just remember that my suggestion applies to calling CRA's. It does NOT apply to calling a CA. I never call them, until I have all I need to sue and I am ready to file. Then I make an ITS call to the owner or manager. Calling a CA does little good and can cause much harm. The reason is that they will seldom delete, and can sometimes trick you into violations of your own. If they screw up on the phone, you have no proof (unless you are in a one party state-which I am not), so I keep all communication with them in writing."

see this forum at : http://www.debt-consolidation-credit-repair-service.com/forums/showthread.php?t=276514

Link to a forum : What to do?

First comment from this forum :

" I am planning on building a home in the near DECADE!! Actually, sooner than that, but I can't seem to get these monkeys off my back. I need a credit card Hero to lend me a few tips in disputing two credit cards and maybe, if possible, getting them dropped. Is it possible? I will be more than glad to put more than 100% of the effort if this will work, or I may never begin to build a new home. I heard that it is a lot of paperork, but at this point (paying 29% interest on $9,000) I'll do whatever it takes!! HELP ME please!"

see this forum at : http://www.credit-repair-forums.com/thread4360.html

Link to a forum : What We've Learned!

First comment from this forum :

"Since the time I began my personal credit repair process and joined these forums; these are some of the key things I have learned:

please contribute by posting a summary of anything useful you have learned

1. A satisfied judgment does not remove it from your credit report by law (that’s not to say you can not get lucky and still get it deleted) satisfied or released judgments simply mean that they are paid.

2. It seems as though the 3 credit reporting companies may treat people slightly differently according to geographical location *(may have to do with specific state laws, etc.)* still learning about this but it seems to be a factor worth mention.

3. FAKO scores are the fake/generic scores for your credit report, FICO (Fair Isaac & Company) scores are a standardized scoring system, more like the real score a potential lender would see. (there are different FICO scoring models, its hard to know which one different lenders use) in short a FICO should be much closer than any FAKO in helping us to know our credit score.

4. You cannot order FICO scores from http://www.myfico.com with a fraud alert on your credit reports.

5. You can order a FICO score directly from either TransUnion @ https://www.transunioncs.com/ and from Equifax @ https://www.econsumer.equifax.com/co...ard=cps_detail You cannot get a FICO score for Experian that I know of except through myfico.com

6. You can report yourself to a bureau, be careful not to accidentally dispute an item from one reporting company with a different company who does not report the item, it may be added to your report as a result of accidental disputing with the wrong company.

7. People will help you here if you ask for it, they may not catch your questions immediately or the first time, you can ask more than once if needed, or private message someone.

8. There is an abundance of useful information here, try searching for company names, topics, and such you may find an answer or useful information that way.

http://www.creditinfocenter.com/repair/

I'm changing my sig after this post. G/L everyone and thanks. "

see this forum at : http://www.debt-consolidation-credit-repair-service.com/forums/showthread.php?t=236766

Link to a forum : Credit Repair - Do it yourself Site

First comment from this forum :

"Hello,

I'm new to the Kiplinger forum. As a credit repair specialist, I hope I can add value to this particular forum over time with some suggestions, as well as answer questions you may have about how to protect and improve your credit score.

In the meantime, check out
if you need some credit repair ideas.

You can also get a free credit report here, get free form letters, etc.

Thanks,
Charles"

see this forum at : http://forums.kiplinger.com/showthread.php?t=3671

Article : Myths on Home Buying

The real estate market can be complicated. Lending companies, brokers, agents are all working hard to stay on top of the competition. They may not always look out the best interest of consumers. For instance, agents get their income from commissions on the deals they successfully close. Naturally, agents may not always look for the best interest of consumers.

If you are a home seller or a home buyer, hiring an agent to work for you may help you get better deals. However, it is your duty to protect yourself against unfair treatment. Knowing the basic things about the home buying or home selling business will shield you from getting scammed or swindled.

Let’s talk about some false notions that many people believe but are just plain myths. You may have heard about it from a friend or an acquaintance and believed it to be true. Check out the following myths in the world of real estate, and be properly informed about the truth.

MYTH #1 If you have a damaging record in your credit history such as a record of foreclosure or bankruptcy, you will never again qualify for a mortgage.

Definitely just a myth. Even if you have a record of foreclosure or bankruptcy in the past, you can still get a mortgage. If the foreclosure or bankruptcy has been filed recently, you may have to wait some time to rebuild your credit. Two years should be enough to make improvements on your credit rating and qualify you for a mortgage. Just be sure that in those two years, you have not missed or delayed any payment in any of your creditors.

MYTH #2 If you want to purchase a home, you will need a 25% down payment.

If you have a poor credit, you would need at least 5%-10% down payment ready to buy a home. Although a 25% down payment can lower your loan interest, it is not really necessary even if you have a poor credit history.

MYTH #3 Hiring more agents will help you find a house more quickly.
On the contrary, if you hire several agents, they may not give as much effort in finding you a good deal. Just make sure that you’ll hire one legitimate and reputable agent who will represent you and you’ll be fine.

MYTH #4 If you’re going to sell your property, you should first find a new home.
Not true. Finding a buyer for your property first will give you more edge on your search for your new home.

MYTH #5 The best real estate agent is the one who handles the most number of listings.
Just because an agent holds several listings guarantees you’ll get the best service. In some cases, these agents are too busy handling too many listings that they don’t have time for other clients. If you can find a legitimate agent who handles fewer clients, then you’re better off with one who can give you more time and effort.

About the Author

Liz Roberts is a freelance writer and loan consultant. The website http://www.badcreditresources.com offers resources that specialize in providing bad credit loans and bad credit cards to people with bad credit.

source : http://www.badcreditresources.com/articles/Myths-on-Home-Buying

Article : Credit Repair and Credit Clinics

Many people are deceived by promises of quick and easy credit repair. Various credit clinics and credit repair services will offer to clear your credit record of any negative information for a fee. In many cases, these businesses take your money and do little or nothing to improve your credit report.

The fact is, no one can erase, fix, repair, or change information contained in your credit report if that information is correct. Credit bureaus can legally report accurate negative information for seven years and bankruptcy information for ten years. Accurate items that are within the seven or ten year reporting period cannot be erased from your credit report by companies offering "credit repair" services.

If you have a poor credit history, even if your problems were caused by illness or job loss, the only thing that will "repair" your credit report is time.

If there are genuine mistakes or outdated items in your report, you can fix them yourself. Notify the credit bureau of the problem and provide as much information about the error as possible. The bureau must, at not cost to you, investigate the disputed information. The bureau then will correct any mistakes or delete information that cannot be verified.

You also have an option to include with your credit report, a written statement of up to 100 words. In your own words, explain any negative information in your report.

source : http://www.moneymanagement.org/Education/OnlineArticles/repair.asp

Lenders move to stop credit repair schemes

Shaky borrowers pay cash to piggyback on acounts with good scores

Updated: 5:06 p.m. ET June 3, 2007

Only a low credit score stood between Alipio Estruch and a mortgage to buy a $449,000 Spanish-style house in Weston, Fla., a few miles west of Fort Lauderdale.

Instead of spending several years repairing his credit rating, which he said was marred by two forgotten cell phone bills and identity theft, the 37-year-old real estate agent paid $1,800 to an Internet-based company to bump up his score almost overnight.

The result was a happy ending for Estruch, but the growing practice is sending shivers through the mortgage industry. Federal regulators are also reviewing the practice. And after being contacted by The Associated Press for this story, Fair Isaac Corp., the developer of the widely used FICO score, said it will change its credit scoring system beginning later this year in a way it contends will end this little-known but potentially high-impact mortgage loan loophole.

...click heree to read all.

source : msnbc.msn.com

Your credit history and your student loan

Why it's important
Bad credit can affect many parts of your life, but it shouldn't keep you from getting an education. As long as you haven't stopped paying on a previous student loan, you can still get the financial help you need to go to school.

By Brigitte Yuille • Bankrate.com

Students can borrow using federally subsidized loans or private loans.

Federally subsidized loans assume the student hasn't established a credit history when applying for school aid, so history is not considered.

This isn't true of a private loan or a federal Parent Loan for Undergraduate Students, also known as a PLUS loan.

...click here to read all
source : bankrate.com

Below are the most searched keywords,about 'credit repair',in the internet (datas of September 2007)

Search	Word
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1885	credit repair attorney
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source : http://www.zirve100.net/incele.php

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( click to search the keywords in yahoo )

• credit repair services,
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source : http://search.yahoo.com/search