Netter Real Estate Inc
Richard Bocchieri, Netter Real Estate IncPhone: (631) 848-0748
Email: [email protected]

Need to Get Rid of Bad Credit History?

by Richard Bocchieri 08/18/2019

Bad credit history can get in the way of getting approved for a loan. It may seem like a stretch to try and get lousy credit away from your credit score, but it is possible.

The 5 ways to get rid of bad credit

1. You should take note of the delinquency date. Credit bureaus often update on the years of delinquency. However, some credit bureaus are also not as open as they would like them to be and they are not as up to date. If you are in a bad credit situation, you should take note of the delinquency date to help you compute for the right period of the seven-year credit report clock.

2. Confirm the delinquency date of sold off debt. In layman’s terms, we call this one the balance transfer. The seven-year credit report clock begins on the day of the actual delinquency from the original creditor and not any other date. If you see a new time that is later the original one, you can report it. 

3. Get all of the reports and find out what you are missing. You need to know the stories that give you a bad credit rating and what aspects they have factored in to provide you with that rating. Once you find out which one of the credit entities is listing the bad debt, you can contact them and dispute the debt that you think should no longer be in your account. So you can find out how to contact them, your credit report will include contact information of the bureau and instructions on how you can file for a dispute.

4. Send a letter to the authorities such as the reporting creditor and the credit bureaus. Let them know about your concern and make a request on how they can facilitate o removal of bad credit.

5. Contact a professional. You should contact a professional who can help you with the situation. It can be hard to understand the Fair Credit Reporting Act and only an expert can fully support you with it. Always keep in mind that a professional is there to lend a helping hand. 

You always try to talk to a credit professional to help you get rid of bad credit. Securing a mortgage is a long process if you have a low credit score, but it is not impossible. Follow the steps and contact a professional to help you with your finances.

About the Author
Author

Richard Bocchieri

Welcome to Long Island Living at its best! The South Shore of Suffolk County is a suburban area that runs along the shoreline of the Atlantic Ocean. Homes in this area consist of primarily residential properties. This area tends to be diverse in culture and income as it varies by hamlet, village or town. Residents along the South Shore have access to many beaches, parks and recreational activities. I pride myself on my honesty, integrity, hard work and personal service. My first career was in education, starting as a teacher then finishing as a guidance counselor and achieving my Master’s and two PD's. In 1986, I began my real estate career. In a sense, I am still an educator and offering guidance; this time I am outside of the classroom educating my clients on the selling and purchasing processes; which have become so complicated recently and guiding them safely through the confusing and ever-changing real estate market. It is very satisfying to me to help people with not only the greatest financial asset in their lives but their greatest emotional asset; where they celebrate holidays, raise their families and live their lives. I take the needs of my clients very seriously and as a result, I am proud to say, over 90% of my sales are the result of referrals and recommendations. Primarily, my areas of service are the Townships of Babylon and Islip on Long Island’s beautiful South Shore, near pristine beaches and wonderful boating, yet only 55 minutes from Manhattan; truly the best of both worlds. I'm a graduate of the Real Estate Institute and am certified as a Senior Real Estate Specialist. I also hold a license as a Notary Public. Please feel free to call or visit so I can help you fulfill your real estate dreams. I am a Full Service Licensed Real Estate Associate Broker and provide the following: Free appraisal Rental Mortgages International relocation services Sales Home warranty New homes Free school report Water front specialist Notary public Please feel free to call or visit so I can help you fulfill your real estate dreams. Click Here for a few of my current Listings: http://tours.tourfactory.com/results.asp?u=114062&p=1 Click here to see all of my success stories in 2017: Click Here for a Free E-Guide: Millennials and Homeownership Click Here To See My 5-Star Reviews on Zillow: Testimonials Click Here for the 2019 Winter Buyer Guides & Tips - Complimentary Click Here for the 2019 Winter Seller Guides & Tips-Complimentary