Credit repair is the process of fixing bad credit through the removal of inaccuracies, mistakes, or unverifiable information on a credit report to improve and elevate a client's credit score. It often involves engaging with credit bureaus and creditors to challenge negative and incorrect entries, ensuring that the information presented in a credit report is a true and fair representation of an individual's credit history.
The credit bureaus and creditors are required by federal law to provide proof of the veracity and correctness of any negative information they place in your credit report. They must remove the item from your credit report if they are unable to demonstrate that the data is 100% accurate.
The goal of credit repair is not only to enhance one's credit score but also to ensure that credit histories are accurate and free from errors and negative items, which can impact an individual's ability to secure loans, credit cards, and even impact the ability to get hired or rent an apartment..