This in from Nurido News:

There is absolutely nothing magical about credit repair. This means that what ever the hustler on the phone or Internet says he can do for you for $1500, you can do for yourself in a few hours at the most.

Wow! We don’t know what credit repair service this refers to, but it certainly wasn’t Veracity Credit Consultants.

First and foremost: if a credit repair service tries to charge you $1,500, keep moving. Veracity’s fees range from $49 to $79 a month, depending on the level of service, with a one-time, membership fee of $69 to $99. For $1,500, you could utilize Veracity’s highest level of service for almost a year and a half! Just imagine how much we might be able to do to repair your credit in that amount of time…

The author makes some good points, such as:

Rule number one, is that no one can erase a bankruptcy from your credit report. Anyone that claims that they can is flat out lying!

He’s right. Furthermore, at Veracity, we remind our clients that this applies not just to bankruptcy, but to ANY LEGITIMATE DEBT. If it’s legit, then it’s legit. We can’t make it go away. Nothing can make it go away, except payments or time.

Eliminating legitimate debt or skirting the law is not what we do. What we get taken off your credit report is false information that had no business being there in the first place. Mistakes are made, of that you can be sure, and what we do is eliminate those errors, thus improving your credit score.

In the article, the author also advises against blaming the credit reporting agencies (i.e. credit bureaus), which is good advice. They simply calculate your score based on information reported to them. The author also mentions the “seven year” rule, which states that negative credit information will disappear from your report seven years after your last payment has been made. Also true, though you have to wonder who would want to wait it out when they can begin paying it down or consolidating it now. Because remember, if it is legitimate, it’s going to stay there … for seven years, at least.

We’d like to expand a little bit on this good piece of advice:

Get a hold of all three reports from the three major credit reporting agencies and compare them. It’s not uncommon that they don’t all match and that would be your first clue that there is a mistake.

See, the author’s right when they tell you that the first thing you need to do when it comes to credit repair is to pull your three reports. And, furthermore, it’s true that they commonly do not all match. However, that doesn’t necessarily mean there is a mistake.

While it is possible that a certain credit bureau may be reporting on different, more or less information, if the scores are only a few points off, it can be an issue of timing. Some information is processed at different times of the month, depending on the creditors and the credit bureaus. Because of this, it is common for scores to be slightly different at any given time. Furthermore, each credit bureau uses a different scoring algorithm to calculate their scores, meaning that the scores will almost certainly never match.

Now if the scores vary by a lot, then the author is right: there’s a good chance that a mistake exists somewhere. What’s important to look for is drastic differences between scores or information being reported.

The author also suggests that credit repair is “surprisingly easy” and that the reader “simply look it up.” While, there’s a lot of information that can be gotten online, none of it makes up for credibility and experience, both features found at Veracity!