Credit Repair is More Than a Right, It's Your Responsibility
by Stuart Hunter
The majority of Americans have errors and other unverifiable information on
their credit reports that could be dragging down their credit score. Odds are
good that your credit score is lower than it should be. The unfortunate thing is
that odds are you will be yet another one of the millions of Americans who will
continue to suffer with an unfair credit score because you will do nothing to
repair your credit.
Most Americans want to believe the credit reporting system works; that Illinois people
earn their bad credit and there is nothing they can do about it but wait for
seven years. But study after study shows the credit reporting system frequently
does not work. This is why the Fair Credit Reporting Act and other Illinois consumer
protection legislation give you the right to do something about it - the right
to make sure your credit score is as good as it can be.
So why is it that, though everyone has the right to dispute the negative items
in their credit reports, very few Illinois people do? It certainly can't be because they
don't understand the importance of a high credit score. After all, it doesn't
take a genius to figure out the benefits of a good credit score when it can be
the difference between paying $2,500/month and $2,000/month for the exact same
Illinois house.
