Subscribe to our mailing list

X

I Have Bad Credit And Now I’m Trying to Buy a Home. My Bad Credit is Haunting Me. – Brian

By on April 21, 2011
I Have Bad Credit And Now I’m Trying to Buy a Home. My Bad Credit is Haunting Me. – Brian

“Dear Jeremy,

OUT OF HIGH SCHOOL IVE HAD BAD CHOICES IN BUILDING MY CREDIT

NOW THAT IM LOOKING TO PURCHASE A HOME IT IS HAUNTING ME…..

I HAVE DEBT THAT IS PREVENTING ME FROM LENDERS EVEN WANTING TO HELP ME. I HAVE A CREDIT REPORT AND HAVE BEEN PAYING OFF DEBT

NOW I ONLY HAVE ONE OR TWO BAD DEBTS THAT I AM WORKING ON…THERE ARE SEVERAL STILL ON MY REPORT.

HOW DO I HAVE THEM REMOVED TO BUILD UP MY SCORE AND WRITING A LETTER TO THE CREDIT AGENCIES WILL THAT DO ANY GOOD IN REMOVING THEM?

Brian”

Dear Brian,

A creditor can only report true and accurate information on your credit file. If there is inaccurate information you should immediately send a dispute letter to both the creditor and all credit reporting agencies (CRA) and explain the details of your dispute.

If the debt being reported is accurate then you can request that that the creditor “delete the trade-line.” In exchange for them doing this you might have to settle the account. Alternatively, it is possible that if you explain your situation to the creditor and your desire to rebuild your credit they may voluntarily delete the trade-line. This, however, is rare and largely depends on the creditor.

Jeremy Golden, Esq. is one of the resident debt experts here at GetOutOfDebt.org that helps people for free. Jeremy is a consumer rights attorney licensed to practice in California. He represents individuals in cases against debt collectors for violations of the FDCPA. He also focuses on defending people in collection cases who have been sued by their creditors or debt- buyers. In the last five years he has won at trial or obtained a dismissal in over 200 collection cases. Recently he was voted one of San Diego’s Top Attorneys in the field of Consumer Law by SDMetro Magazine. His website is goldencardona.com

Legal Disclaimer: This is for educational purposes only. It is not to be relied upon as legal advice. It also does not create an attorney-client relationship. No such relationship is formed with attorney without a written agreement.

If you have a debt collector question you’d like to ask just use the online form.

READ  National Debt Relief Shares The Good News For Consumers With Bad Credit

Last step, fill out the information below or call us for Priority Assistance.

What problems are you having with your report?

Your first name is required. Your first name is required to be at least 2 characters. Your first name cannot be longer than 50 characters.
Your last name is required. Your last name is required to be at least 2 characters. Your last name cannot be longer than 50 characters.
Your email is required.
Your phone is required. Your 10 digit phone number is required.
Your state is required.
Your age is required. Your age must be greater than 18. Your age must be less than 100.

By clicking on the "Contact Me" button above, you consent, acknowledge, and agree to the following: Our Terms of Use and Privacy Policy and to receive electronic communications. We take your privacy seriously. That you are providing express "written" consent for Debt.com or appropriate service provider(s) to call you (including through automated means; e.g. autodialing, text and pre-recorded messaging) via telephone, mobile device (including SMS and MMS - charges may apply), even if your telephone number is currently listed on any internal, corporate, state or federal Do-Not-Call list. Consent is not required as a condition to utilize Debt.com services and you are under no obligation to purchase anything.

By clicking on the “Contact me” button above, you consent, acknowledge, and agree to the following: (1)That you are providing express “written” consent for Lexington Law Firm, Debt.com or appropriate service provider(s) to call you (including through automated means; e.g. autodialing, text and pre-recorded messaging) via telephone, mobile device (including SMS and MMS – charges may apply), or dialed manually, at my residential or cellular number, even if your telephone number is currently listed on any internal, corporate, state or federal Do-Not-Call list; and (2)Lexington Law’s Privacy Policy and Terms of Use and Debt.com’s Terms of Use and Privacy Policy. Consent is not required as a condition to utilize Lexington Law or Debt.com services and you are under no obligation to purchase anything.

About Jeremy Golden

2 Comments

  1. Steve Rhode

    April 21, 2011 at 10:03 am

    Brian,

    You might want to follow this easy process to rebuild your credit.

    Steve

  2. Steve Rhode

    April 21, 2011 at 2:03 pm

    Brian,

    You might want to follow this easy process to rebuild your credit.

    Steve

Share a Comment / Leave a Reply

%d bloggers like this: