What is Credit Repair?

Federal law says that information about you that is reported to the credit bureaus must be accurate and fair. However, the Federal Trade Commission reports that one in four consumers have errors on their credit reports that lower their credit scores.

Credit repair is about fixing these errors so your credit report and credit score are the best they can be. The process, which can be quite challenging, involves disputing the errors in your report directly with the credit bureaus.

What kind of errors might be on your report? Late payments, unknown accounts, collections, foreclosures, charge-offs, liens, judgments, or bankruptcies. Any of these can reduce your credit score by a significant amount.