Can you erase bad credit?

Can you erase bad credit?

You see the ads and the pormises and gurantees about erasing bad credit. The fact is no one can legally erase bad credit that is a real and true record of your payment history.

The government says you cannot erase bad credit and here is an article on erasing bad credit scams. No matter what the guarantee you should know that no one can erase bad credit.

 There are some things you can do to ensure you are not a victim of poor credit reporting or consumer fraud. You can dispute the account and if the account is found to be in error the account will be removed, erased or cleaned.

 No matter what and ads says if the account is found to be accurate the claim will be denied and the dispute will be returned as such.

Some companies will claim they can reduce your debt or or reduce your payments. Before you pay these companies to reduce your payments, consult the FTC for debt counseling services. Many of the services are free or the fees are minimal.

 So the next time you see an ad about erasing, cleaning or removing bad credit. Remember this article.