Fix your credit report without paying a penny

As for the ability to repair your credit, consumers have the right very important to find the Fair Debt Practices Act that is, consumers have the right to have a collection account liquidation.

Stated in the FDCPA, is a process known as validation and is significantly different to the normal process of verification. Verification focuses only on the credit bureau by calling a creditor to verify the information on an account of people.This is a very quick process that can be addressed within a relatively short period of time. The creditor will examine the records and then to the Agency. The agency will then decide whether the creditor provided accurate information.

When a collection agency is asked to validate a debt, however, the process can become very involved. The collector must prove that the debt is your responsibility, and they have the legal rightcollect from you. In addition, the collector must cease all collection activities until they provide this test for you. If the agency can not validate the debt, which should end their attempts to collect the debt and stop reporting the collection account to credit bureaus.

Note that the right applies specifically to the validation of collection agencies, not the original creditor. Recovery record is supposed to be lessreliable than those maintained by the original creditors. The collectors are often guilty of persecuting the wrong people and distort the amounts due, the validation process is intended to protect consumers from these practices.

To validate a debt, the collector must file the documents - obtained by the original creditor - which shows you really need the money. Validation can be a powerful weapon in the fight to clean up recovery actions in your credit report.collectors often do not have the necessary documentation, especially if the debt has passed around a collection agency to another, as often happens. They have often been little more than a list of back up their claims, and the Federal Trade Commission has made clear that such a "simple breakdown" is not enough evidence to constitute a validation of debt.

The validation process can not only help remove the collectionaccounts that do not belong, but it could help get rid of some of those who actually do. This last statement may surprise you, especially if you've heard the credit of the officers of a company that can not be removed legally true, negative information from your credit report.

In rare cases, you can use the validation process as a way to remove accurate information from your credit report. This is largely in the case of information collected old. Some may say that it isis not a suitable method, but it is legitimate. In essence, it requires validation of an old debt and the debtor can not provide the necessary information, then it may be withdrawn due to lack of validation. Again, this is only successfully achieved in rare cases, but can be done.