Time for a dispute spree

[Rmullens2208]

I'm so tired of being denied is it easy to flood the credit agencies with disputes to remove these negs om my report? How about the Inqs? I read testimonials from Lexington law and they said they can remove all the negs anyone have experience using them?

[Anonymous]

It doesn't sound like the time for a spree of any sort.

Slow down. Look at things methodically. Identify specific things. Make a plan. Work the plan.

The nature of recent posts would suggest a lack of control. That's not going to bode well if you do get any approvals. Forget "approval" for the moment and focus on your overall financial health and how credit is one part of it. Being in control is a sure way to help overcome past mistakes. that and time. You can't rush it. You just have to take it one day at a time. In many cases that patience is what may help you stay in control when things do improve.

[pipeguy]

---

@Rmullens2208 wrote:
I'm so tired of being denied is it easy to flood the credit agencies with disputes to remove these negs om my report? How about the Inqs? I read testimonials from Lexington law and they said they can remove all the negs anyone have experience using them?

---

In ONE year those 50+ inquiries will no longer count against your score and in TWO years they will be gone from your report which is true for any/all inquiries. See how easy that is?  For $400 I will guarantee that if you don't app for anything else over the next two years that they will drop off - by the way, this is about what any "credit repair" service is worth (Lexington Law or others) they do nothing you can't do other than pay them a fee.

In your previous threads, you mentioned you were applying 10+ times a day for any and all cards, however, you did not mention why your scores were so low (or I missed that part). Chargeoffs? Late payments? Income? Obligations? The only way to attack these issues is to address them step by step and there is a LOT of advice in the bankruptcy and credit repair forms as to how to go about correcting your financial habits along with how to attack/improve credit scores.  Note that proper credit/financial management will take a year or two - there are many that have gone from filing bankruptcy to 700+ scores in two years - about the same amount of time to see all those inquiries disappear from your report. 

Congrats on your secured card approval, that's step one so you are on your way to making good credit your ultimate achievement 

[gdale6]

Here on myFico it would be a violation of our credit repair guidelines for anyone to advocate a dispute spree or recommend a credit repair organization. Please familiarize yourself with what is acceptable here. Thanks for your understanding.

https://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/Credit-Repair-Discussion-Guidelines-or-quot-...

[Rmullens2208]

I have decided to file disputes with the credit report people! it appears the negitives on my account are actually valid can i still dispute them? any advice?

[Ardecko]

Yes, stop.

Close the tabs, cut up your one/two cards when they arrive, and forget about this for a while. When you understand that actions have consequences, and are ready to take responsibility for your actions, come back, and read for a few weeks before you do anything credit related.

Also, get over the all caps.

[Ardecko]

Perhaps a mod will determine that my previous post was not board friendly. In that case, let me restate:

This isn't rocket science. It's also not magic. You can do it wrong, as your 50+ inquiries to 1(2?) cards ratio shows. The best thing you can do is just read here, and take no other actions for 3-6 months.

Edit: But really, get over the all caps.

[RobertEG]

Any dispute must identify the specific asserted inaccuracy in the reported information.

A dispute that does not identify the information that is asserted to be inaccurate, and provide adequate description of why/how the information is considered inaccurate so as to permit investigation can be dismissed as "frivolous or irrelevant."

If you have an actual inaccuracy that can be specifically identified, then by all means, file a dispute.

However, if you are simply attempting to flood a CRA with general assertions that you dispute, then you have no basis for a legit dispute.

[bass_playr]

Cannot agree more with the other posters--stop and breathe.  Take a breath.  What are your actual goals?  Are you trying to get to a certain credit score, buy a house, a car, etc?  I would start with what your actual goals are.  Different actions can be used to accomplish different goals, this is not a one-size-fits-all situation.  Example, suppose you have a smaller balance on a negative account that's been open for 6 years.  If you dispute and that entry is removed, it not only affects your negative payment history, it also affects your average age of accounts.  It's not a simple matter, there are many things to consider.  I recently got a fraudulent entry removed from my credit, it was a negative entry showing more than $80K being owed--no kidding.  One would think that this being reported, and showing a supposed payment history of 180+ days later for several years, you would think that removing that would make my score jump big time....right?  Well, you would be wrong.  The average age of account dropped when this was removed.  That account entry claimed an origination date in 2006.  Now that it's gone, the only active account I now have is 6 months old--I have auto loans, etc, but they are all paid and closed.  My score barely moved at all, and on one of my reports it actually DROPPED 4 points.  And by the way, I have a grand total of less than $1,000 in negative debt showing aside from that account.  This was the one big negative account I had showing and the people who were reporting it have no legal authority to do that--I won't go into that here except to say I'm now in court against them.

Point is, you need to work smarter, not harder, on this.  It's not a quick trip, it's a marathon and you need to be in it for the long haul or its not even worth doing IMHO.  

We also cannot advise you very well on what effect any action will have because only you know what else is on your report.  Removing one negative account might raise your score---it also might drop it.  Depends on what else you have there.  If I were in your shoes, here is what I would start with--

1--STOP applying for new credit NOW.  Every time you get the urge to apply, DONT.

2--read this forum like crazy.  Ask a lot of questions.  Be honest.  There's a TON of help here and some VERY knowledgeable people who are happy to share their experience with you, if you'll just let them.

3--Review your credit reports with a notebook, and for each bureau, make a list of every error you see in the reporting there.  Some errors are not worth disputing, while others are.  

THEN, make a plan.  Start one entry at a time.  My first priority would be to dispute an entry if I either know for certain it's not mine, or if I do not recognize it at all--or, if it's too old to keep showing in your reports.  My second would be to dispute only those accounts where legit errors are present, and be specific about what the error is.  I do not advise disputing every negative entry, because if it's legitimately your debt, then it's there for a legit reason and you're not going to escape your obligation by filing frivolous disputes.  Don't worry about disputing all the entries at once.  FOCUS.  Take it slow.  Do one thing at a time.  But the LAST thing you should do is "go on a dispute spree".  Slow yourself down.  

There's a mountain of wisdom here.  Use it!  That's what this place is for!  But you're flying blind right now, and that's never a good thing.  

[xaximus]

I would highly recommend not flooding CRA's as they'll just get denied and you'll still be on square one. First thing is to stop, slow down, read as much as you can in the forums here. Ask questions. Gain knowledge. Understand what got you in this situation and formulate a plan on how to work through it and raise your scores. Anything done in haste is a bad idea. Credit rebuilding does not happen over night. There are people that have been working on their credit for years. It takes time, energy and focus to rebuild and to maintain a steady path to having good credit. You have to slow down and listen to what users are suggesting to you.