Is Credit Repair A Legal Solution To A Big Problem?

Mortgage and Lending with AMEC Home Loans | NMLS# 150953 NMLS 274839

It is sad to say but our society seems to decide our value by our credit line or credit worthiness. With a good credit report, it is likely you will participate in and enjoy many of the finer things in life. However if your credit report is "challenged", you probably will not.

Few creditors, if any, will extend individuals with bad marks on their credit history loan options.

But what if you had no other option? What if you were forced to choose between buying food, and making the payment on your car? What if you were prevented from making timely payments by a lack of employment, a medical emergency or some other personal crisis? Should just one late payment result in up to ten years of being punished by having to pay higher rates and fees?

One wonders why this system is allowed to operate as it does. In a court of law, judges will give you a chance to defend yourself before deciding your fate - this is one very important difference not to forget. In America, we are guaranteed the right to face our accusers before judgment can be passed. With your credit record, however, this is completely untrue.  The credit bureaus have the final say on your credit report.

Unbeknownst to us, creditors and credit bureaus have been trading information about us for a long time. They trade your personal information (name, address, social security number), they trade your private information (who pulled your credit, what you purchase, and the terms of your loan) and they trade your painful information (late payments, liens, bankruptcies.)  Much of it amounts to hearsay, which can end up bringing you financial hardship.

Under the current credit system, your credit file is stamped with negative and damaging information, whether it is yours or not, before you have the opportunity to defend yourself.  Ironically, YOU are expected to prove whether negative or erroneous information on your report is wrong.  Remember, the credit bureaus will assume that you are guilty unless you can be proven innocent. This is a direct contrast to the common American principle that one is innocent until proven guilty. Why do the credit bureaus not offer us this same courtesy? It doesn't seem fair that we don't have any chance to defend ourselves before negative information is put on our report. The truth is that consumer rights would decrease the credit bureaus profits.

Credit bureaus exist to make a profit and their product is your credit file. Credit bureaus sell your credit information, which their buyer's (credit card companies, etc...) rarely question.   Creditors, in return, give the bureaus whatever data they may have collected about you.  Mistakes, however, are frequent.  It doesn't matter if the credit report is right or not, it will be hard and expensive for you to prove that your information is false.

What can you do about it?

Every person living in a democratic nation is entitled to a defense.  Consumers have the legal right to retain an attorney to defend themselves against unfair accusations. Instead of you being forced to disprove negative items, the credit bureaus should have to provide information verifying the accuracy of their report. The law and Congress are in agreement.   Because of the unfair nature in which your information is collected and distributed, credit repair is both a legal and ethical right of every American.

You will probably need more than just a standard form letter to corroborate your credit worthiness. This is where our preferred attorneys come into the picture.  Just as you may choose not to repair your own vehicle, you do not have to repair your own credit either.  Using an attorney will strengthen your chances of having negative items removed from your credit report.  After all, are you more likely to act if you get a letter from an attorney or a letter from an ordinary person?

Our attorneys question everything.  If the credit bureaus issue statements that items have been verified, they are not accepted and our preferred attorneys will continue to press for validation of all negative items.

Credit bureaus have been in the driver's seat for too long.  They continue winning unless you take action, so don't put it off.  If you are tired of being in "Credit Prison", contact me now for solutions.

Gwenn Tanvas, Certified Mortgage Planner in Appleton, WI , specializes in helping release her clients from the "credit prison" that too many people find themselves in.  If you, a friend, a family member or a colleague find yourself needing real answers and real solutions to credit issues, you can confidentially contact her at 920-560-5606 or at or on the web at


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