Consumers who are disputing questionable items on a credit report - and have suffered an injured credit record - need to know that they have a voice through the Fair Credit Reporting Act (FCRA).

Instituted in 1970, the FCRA serves to:

•  promote fairness, accuracy and the privacy of personal information reported to credit bureaus by creditors and others.
•  allows a consumer to challenge information on his or her credit report on the basis of "completeness and accuracy."

Investigations conducted by credit bureaus are required to be completed  within a "reasonable period of time." The time period allotted is thirty days.

If the credit bureau finds the disputed information to be "inaccurate or can no longer be verified, the [credit bureau] shall promptly delete such information."

While the disputation process may seem simple on the surface, many consumers quickly discover that creditors and debt collectors can seemingly make the process more difficult.

Those with negative credit histories often find themselves being charged higher rates of interest, so careless credit reporting may serve to maximize  the profits of credit card companies.

So how should you take action to improve your credit?

The first step is to get informed - get answers to Your Questions and equip yourself so that the process of credit repair does not become a difficult and frustrating experience.

The second step is to find out how Credit Law Services can help you. Check out Our Credit Solutions.