Introduces "How to Repair Your Credit" Section on Their Website

A 2013 Presentation on Notes that One Out of Five or 42 Million Consumers Have an Incorrect Credit Report According to a 2013 Report by the Federal Trade Commission.

LOS ANGELES, Sept. 5, 2013 /PRNewswire-iReach/ -- Have you ever experienced the nightmare of applying for a car or home loan and getting rejected? Millions of Americans have and the worst part is that many times they're rejected because of something they did not actually do. With so much riding on a good credit score, credit-reporting inaccuracies are becoming a huge problem for consumers.

The reality is that an inaccurate credit report that lowers your credit score can take a lot of money out of your pocket. You pay higher interest rates on homes, cars and even consumer goods like appliances or furniture. Not to mention those high interest credit cards, you are forced to settle for.

But companies, such as are doing their part to help consumers repair their credit. A recent presentation on walks you through the dispute process. According to the video presentation, the first step in the five-step process is to review all three of your credit reports, Experian, Transunion and Equifax at least once a year. The video recommends as the simplest way to access your reports at no cost. Consumers are allowed one free credit report from each of the three credit reporting agencies each year.

Here is a quick overview of the other four steps in the process that can all be done online:

  • File a dispute report with each agency that has an error: Each agency has a web dispute form you can fill out. This gets you in their system more efficiently than their 800 number.
  • Let the system work: It normally takes the two to three weeks for your dispute to be processed.
  • Receive and check results: You get your results by email or regular mail. If the lender agrees they made a mistake and your dispute is successful, the lender or creditor immediately removes the inaccurate information from your report.
  • If dispute is denied, gather more evidence and submit a new claim: If your dispute is unsuccessful, you have to gather more evidence to support your claim. The lender is legally obligated to review your file again if you send them new evidence. You can also ask your lender to dispute the inaccuracy on your behalf. This second review takes 30 to 45 days.

"All this might sound like quite a process," admits the video presenter. But she notes, "checking your credit report once a year is well worth the effort."

Another website, helping consumers repair their credit is, a personal loan matching site. The site has a section dedicated to educating consumers on credit repair. They also suggest that making sure you have an accurate credit report is priority number one when it comes to credit repair. "Our goal is twofold," stated's CEO, Mr. Roger Render, "we want to help consumers with poor or bad credit access the cash they need now, while at the same time helping them repair their credit so the borrowers can qualify for better rates and terms in the future." 

He also noted that in addition to fixing inaccuracies, getting approved for a loan and paying it on time can also raise your credit scores across the board. "Lenders want to see that you have turned the corner," said Mr. Render, "and a new loan that is paid on time shows them that, yes, you may have had some slow pays or even charge-offs in the past, but now you are back on track." "Things happen, particularly when the economy struggles as it has in the last four or five years," he continued. "People get laid off and get behind on a house payment or a car payment, but we try and help them through that bad time with the cash they need and get them back on track with their credit for the future."

Although the increasing number of inaccuracies by the credit reporting agencies is a cause for concern, the fact that that websites, such are educating their site visitors on how to repair their credit will hopefully offset the negative impact of that trend.

For more information go to

Media Contact: Roger Render, Ltd, 305-942-8085,

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