Introduction

Effective credit repair requires a combination of technical and legal skill along with a healthy dose of common sense. The technical approach requires an understanding of the inner workings of the FICO credit scoring model. The legal approach uses aspects of the Fair Credit Reporting Act (FCRA) and the Fair Debt Collection Practices Act (FDCPA) to gain maximum leverage when dealing with the credit bureaus and collectors. And finally, common sense brings good old fashioned debt and credit management into the picture. The technical and legal approaches are essential to any effective credit repair effort, and can

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Credit Repair and Existing Credit Cards

Credit repair can provide benefits beyond obvious derogatory issues. Increasingly, existing creditors are monitoring your universal payment history and altering their terms accordingly. Over the last two years millions of people have been surprised to get a letter from their credit card companies informing them that their account limits have been reduced. Generally this has been an attempt on the part of credit

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