Do you know that the three major credit bureaus will go through the most number of consumers’ credit report disputes during the holiday season? During this time of the year, the number of staffs in the credit reporting agencies along with the creditors themselves is less in number.

Under the federal Fair Credit Reporting Act, a credit repository has five days to contact the creditor after the submission of the consumer’s online dispute or from the receipt of the written request. They are required to do all the investigations within the specified time period as per the FCRA laws. Once the dispute has been investigated with the information providers, the credit bureaus are required to reply to the consumer with the results of the investigation done within 30 – 45 days from the date of the submission of the complaint. They should submit a written report with the findings within five business days after the investigation is completed. If any changes are done on the credit report, a fresh copy should be mailed to the mailing address of the consumer.

The credit bureaus and the credit grantors are required to adhere to the time frame within which the dispute has to be verified. November and December are said to be the best time of the year to fix credit ratings and get negative information removed. This process is usually believed to take more time in other months of the year.

If the credit bureau or the information provider is not able to verify your dispute, then the negative item should be considered as inaccurate and hence, it should be removed from your credit file. Each questionable item should be dealt individually, except for erroneous personal data. If you have several items to dispute on your credit report, the credit bureau will assume that your request is frivolous or irrelevant. If you have to dispute multiple items on your credit report, send each letter separately so that prompt actions can be taken to fix your credit.

Your credit rating is the most important factor in front of anyone. You will need to have a good credit standing when you are applying for a job or when you are looking for some financial debt help from the banks and other prestigious financial institutions. Your credit can dictate the house you live in, the car you drive in. The information contained in your credit report is used for many different life events. Your credit scores will go down if your information providers have reported some negative remarks to the credit bureaus. It doesn’t mean that the negative items cannot be fixed. There are reputed credit repair companies that can help you mend a broken credit score.

Taking the help of a law firm to repair your credit is a good idea. These law firms have been helping people with bad credit to remove the negative items so that they can regain their financial worthiness. With the help of the law firm, people who earlier had bad credit are now able to have normal productive new lives as unverifiable and erroneous information were immediately removed from their credit report. These law firms use the credit repair review which finds out why you were denied in getting a new car, a home or a new career.

According to the FTC, an average person can usually spend at least 100 hours just to fix one negative item on his credit report. Anyone can get an inaccurate negative item removed from his credit report by contacting the credit bureaus, but doing so, you have to go through a lot of red tape and call each company reporting on your credit report. Most of the times, the credit grantors will give you a run around that can delay the whole process. These law firms in such situations seem to be a great relief as they work with credit agencies and the credit bureaus with the objective of removing the negative items on your credit report.

When you are looking for a company to fix your credit report, give more preference to a law firm because they have their licensed attorneys and they know the laws as per the FDCPA and the FCRA. They can not only empower the customers with knowledge and work out possible ways to fix their credit ratings, but can also take legal actions against the credit grantors and credit bureaus if they seem to be violating the laws and reporting inaccurate information even after providing proof.

There are different services available with credit repair from ala carta to monthly membership levels. There is a plan for all kinds of people who are looking to fix their credit ratings. If you are interested, law firms can set up your account within the same day and start the credit repair process after you provide them the latest copy of your credit report and put a request on the items to be investigated.

Credit repair process with the law firms is simple and easy. You just have to sit back and relax in the comfort of your living room. You can stay posted on the status of your account by logging into the online account with them. If you feel that your score is out of control then you could benefit from a credit repair review and have an experienced professional aid you with your credit problems. If you feel like someone else is driving your score, than you could definitely benefit from their knowledge.

A number of people are falling behind in their monthly payments to different creditors because of the rising costs in gas, food and also due to increasing unemployment. With the recent stressed economy, many people are finding hard to make ends meet. They are continuously missing their monthly payments, thereby causing havoc in their credit report.

Although credit repair can be quite a challenging job, but it’s not at all impossible as many people think so. There are legal law firms that specialize in credit repair services and improve your credit ratings. If you are getting late on your monthly payments to your creditors, these specialized law firms can negotiate with your creditors and arrange a payment plan after lowering the interest rates. They will stop any kind of late payments that might have shown up on your credit report if you were expecting to get late.

When you hire a credit repair service, check the company with the local authorities so that you know about their legitimate business and their work experience in getting results for the customers. With the changing laws and regulations, you need to make sure that you are working with a law firm that can keep up on all the changes. Browse through the internet and do a search on “fix my credit score” on the popular search engines. You will get a variety of credit repair companies and the features that they have to offer. Do a thorough research on the company before signing up for their services. You need to make sure that you are signing up with a legitimate company who will not put you deeper into debts, since you are already struggling to come out of this mess.

Hiring a company that is not judgmental is also important. It is very frustrating to fall behind in the monthly payments. A law firm that can not empathize is less likely to stand by your side and provide adequate service.

Once you have gotten your credit fixed by the credit repair service, it’s important to maintain your improved credit scores. Always check your credit report at least once in every six months and see if there are any inaccurate negative items getting reported on your credit file. Never miss your monthly payments with the creditors otherwise it won’t take too much time to fall in the same spot from where you have just come out.