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11:18 AM
Alexis P. Jones, The Credit DIVA
"Daunting, confusing, time-consuming, stressful, frustrating and educational all at once!"
How I did it: I read everything and anything I could get my hands on regarding credit repair. I had worked as an investigator and developed excellent skills in fact finding and reading regulations so learning about FCRA, FDPA and how to capture the errors on my credit report was helpful. I requested all my credit reports from the credit bureaus directly and started reviewing every detail on who reported information in me, who inquired into my credit history, the codes that were used for my credit relationship, like balances, paid on time, lates, collection companies and dates, when the accounts were reported late and when they are reported as opened. I reviewed every detail to get familiar with the language and terms.
Lessons & tips:
- Be honest about your credit problem. If its spending, set up a budget you can live with; most credit problems begin with lack of budgetting and over spending.
- Read everything before you sign in it even the fine print! Credit card applications are loaded with tricks that can get you into trouble.
- If collectors call you, do not tolerate harrassment, let them know that you have no business with them!
- Confused about late payments to a credit card company, get the facts request a record of payment history - the answer that could lead to a deletion lie in the records you get.
- Be patient, your credit problem didn't happen over night, correction takes time.
- Be willing to make lifestyle changes that help you stay out of debt.
Resources:
- Fair Credit Reporting Act
- Fair Debt Practices Act
It took me 1 year.
It made me say - "YEAH!" 
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