In regards to credit improvement after bankruptcy you have basically three options:<br/> <br/>1) Hire a credit repair company<br/> <br/>2) Buy credit repair software<br/> <br/>3) Do it yourself (free!)<br/> <br/>Before we go further, with the aim of the report "credit repair" indicates the removal of any inaccurate or obsolete negative information from your credit report - not the removal of accurate non-obsolete negative information from your credit report.<br/> <br/>Ok, now that we've identified "credit repair", let's look at each of the three credit improvement options in more detail:<br/> <br/>1) Hire a credit repair agency.<br/> <br/>You can hire a credit repair company, which usually costs several hundred dollars or even more. The bonus here can it be saves you a while.<br/> <br/>The drawback to employing a credit repair company is that it may be expensive as stated above, charging a few hundred dollars or even more.<br/> <br/>When you do opt to retain a credit repair company, select one cautiously. Avoid from credit repair companies encouraging to eliminate appropriate non-obsolete bad products from your credit report. See credit repair austin<br/> <br/>Why? Because even if the credit repair company gets lucky and does find a way to eliminate any accurate non-obsolete negative products from your credit report it could only be momentary - the credit reporting agencies update their records on a regular basis, so any accurate non-obsolete negative item that was removed from<br/> <br/>your credit file may re-appear again in the long run.<br/> <br/>While we are on the main topics "non-obsolete" versus "obsolete" negative information on your credit report, let us look at how long negative information can remain on your credit report: Most negative things can remain on your credit report for approximately seven years from the date they were included in your bankruptcy. A Chapter 7 bankruptcy can remain on your credit report for twenty years from the date it had been filed, while a Chapter 13 can remain on your report for seven years from the<br/> <br/>date it was submitted.<br/> <br/>2) Buy credit improvement application<br/> <br/>There are numerous credit repair software programs available on the market today. This method is usually less expensive than the usual credit repair company because you are working on the project. Additionally, it saves you time from having to create your own words.<br/> <br/>Here's how most credit restoration software works: You load it onto your computer, fill in the blanks with your information, and then print out the personalized challenge words the software makes.<br/> <br/>The risk you run here is that the credit scoring agency might not investigate the dispute and respond by saying they believe your dispute is irrelevant" and "frivolous. Why? Because when they see any sort of type letter they might think you are employing a credit repair company.<br/> <br/>3) Diy<br/> <br/>This is usually your very best choice, and it's free. You just need to know precisely what to accomplish in regards to credit restoration. You can begin by visiting each main credit reporting agency's web site and reading their guidelines on how to challenge any wrong or obsolete negative data on your credit record. The three major credit rating agencies are: Experian, Equifax, and Trans Union.<br/> <br/>In addition, you can even get a book on credit repair. One word of caution though: Some lessons and books encourage you to do illegal things: As an example, making a "new" personality. Avoid these! Others are exceptional methods when it comes to showing you how to remove inaccurate or outdated bad<br/> <br/>Products from your own credit file.<br/> <br/>If you have discharged or dismissed bankruptcy and want to repair your credit, there are a few specific steps you need to just take. I have seen hardly any credit restoration books that even mention them. In After Bankruptcy Credit Solutions, I move<br/> <br/>into detail on every one.<br/> <br/>For example, if you are applying for a home loan after bankruptcy, any inaccurate or useless negative information on your credit report can cost you thousands or hundreds of thousands of dollars in extra interest - if it does not prevent you from qualifying for a loan. There is a means that you could get these<br/> <br/>negative items on your credit score removed or updated in as low as 48 hours!<br/> <br/>So now you know what choices you have as it pertains to credit restoration. Base line: Doing it yourself is generally the best, and most affordable, solution when it concerns credit restoration after bankruptcy. It just takes an investment of time in your part - but the investment can be really worth the effort.<br/> <br/>Remember, when you have a released or dismissed bankruptcy on your own credit report there are some specific steps you need to get when it comes to credit fix. Keep this in mind when you choose the "do it yourself" option and intend to shop for a book on credit restoration.