Creditelves works by taking the information you provide and generating custom letters to credit bureaus on your behalf. You simply print out the letters and mail them to the credit bureaus. It's that simple.

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Tag Archives: bankruptcy

Sample Letter To Credit Agency

Experiencing conflict with credit agencies is no walk in the park. What greater nuisance than to discover that all of your efforts to be in good standing with credit agencies have gone in vain? You must keep recent accounts of the activity on your credit report. This credit report contains vital information such as where you live, whether you’ve been sued or arrested, if you’ve filed for bankruptcy and how you pay your bills. Many credit agencies sell the information in your credit reports employers, insurers, creditors and many other businesses. The distribution of your information to these third parties could cost you insurance, a home, car and even employment.
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Remove Bankruptcy from Credit

Bankruptcy is becoming more and more common in this slumping economy. With people loosing their homes and jobs, sometimes bankruptcy is the only way out. Some credit repair companies may advertise that it’s possible to remove bankruptcy from credit, however the technique often isn’t legitimate. It involves sending letters to dispute individual charges that led to the bankruptcy, and having the charges removed from your credit report. However, once the charges are verified, they often return, after you’ve paid a credit repair company.
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Credit After Bankruptcy

Have you declared bankruptcy? Are you worried about getting credit? Well, do not hit the panic button right away. Obtaining credit after bankruptcy is possible. In fact, it is important to restructure your credit record post bankruptcy since it is the way that creditors measure your creditworthiness. Bankruptcy delivers a heavy blow to your credit history and score. The score receives a major setback and it is important to improve the score to gain back the confidence of creditors. Bankruptcy more or less stays on your credit report for ten years; however, you can still qualify for loans and credits with good rates before the bankruptcy remark is removed.
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Finding Ways to Fix Bad Credit

Maintaining a good credit rating is crucial to everyday living. In fact, having a solid credit score enables you to make big purchases such as your dream house with the best interest rate offered. However, many people overuse their credit, can’t keep up with the payments and end up having a bad credit score. If you find yourself in this situation, you need to find ways to fix it.
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Credit Report Errors

Your good credit can be used to determine your eligibility for everything from a loan to getting a new job. The credit report itself contains information such as your current and previous addresses, if you pay your bills in a timely manner, and even whether you have ever been sued or arrested, or filed for bankruptcy. That information is then gathered by three major reporting agencies, Experian, Equifax and TransUnion, and sold to potential employers, banks and financial institutions, who use it to determine whether or not to give you a loan or rent you a home. The Fair Credit Reporting Act seeks accuracy and privacy when it comes to information and credit, and you should frequently review your credit report to check for inaccuracies.
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Is Bankruptcy Worse Than Foreclosure for Your Credit Score?

It is a tough question to have to ask, but it is something that is coming up more and more these days: Is bankruptcy worse than foreclosure for your credit score? In today’s terrifying financial environment, a lot of people have to choose gas money and groceries over making their mortgage payments. And it’s not just mortgages; millions of Americans are in debt with credit card balances that they cannot hope to ever repay within their lifetimes.
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Credit Repair After Bankruptcy

Once you've filed for bankruptcy, you might think that your credit is ruined forever. The good news is that's simply not true. Bankruptcy only remains on your credit report for 10 years, and during that time there are a lot of things that you can do to help improve your credit score. Even with a bankruptcy on your credit, after a few years (often three) you can qualify for a mortgage. You can also generally get a car sooner than that, and start qualifying for credit cards again. Some companies start sending out pre-approved, secured credit cards offers to people almost as soon as the ink is dry on the bankruptcy discharge papers.
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