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Wednesday, November 12, 2014

How To Boost Your FICO Score 100 Points In 30 Days

It's  a somewhat known fact among credit repair experts that when you dispute delinquencies on your credit report right before Thanksgiving and once again ,after 35 days pass, right before or around Christmas, you'll be able to get more stuff off your credit reports than working on it for 6 to 9 months or longer. 

Since it is a "another somewhat known" fact, a lot of people ,including credit repair services and attorneys, submit dispute letters during this time, and it overwhelms the credit bureau system. To top it off, the credit bureaus are understaffed during this time because their employees are taking more time off for the holidays, not to mention the federal "shut down" days of Thanksgiving, Christmas, and New Year's Day.

So, how do you make this work?If you've been struggling to have things removed or -- even better -- you've never disputed anything before, now is the time to start. You have to wait until next week to start submitting your letters into the credit bureaus.  You shouldn't submit anything this week.
Now, one of the reasons this is so successful is that you "buy days" during this "Holiday " time frame.  When you dispute something on your credit report, the credit bureaus contact the creditor or collection agency requesting proof of your debt. During this period,  creditors and collection agencies are not only short-staffed during this time but the time starts ticking at 30 days the moment the credit bureau receives your letter.  Everyone must respond timely otherwise the account has to come off.  This is not as easily done during this period of time.
What do you do?If you have anything you want removed off your credit report, the weekend before Thanksgiving is when you should create your dispute letters for any account you'd like removed off your credit report.  On the Monday before Thanksgiving is when you should mail your letters. Also, try the week before Christmas.
Mail each letter to all three credit reporting agencies(Experian, Transunion, Equifax)  via certified mail so the credit bureaus can't say they never got your letter.They like to do this during the" Holiday Season."  Since they won't respond in a timely manner, the disputed items have to come off your credit report.

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