How Much Does Credit Repair Training Teach Someone?

Credit repair training can teach consumers much about how the credit process works. The information that is provided by each company will vary because there are many courses available.

What a Credit Repair Training Should Teach

A credit repair training course should teach a consumer about how credit works. The training should provide information about a consumer’s rights under the Fair Credit Reporting Act and explain how items are reported to a credit report. It should also help a consumer understand the elements of the credit report and how the FICO score is determined.

How to Access and Fix a Credit Report

All consumers are entitled to a free copy of their credit report from the 3 major credit reporting bureaus (i.e. Equifax, Experian and TransUnion) at least once a year.  A credit repair training course should teach consumers how to request a copy of their report and address any errors that appear on the report.  Lastly, the training should teach a consumer how to write a credit repair letter that properly addresses their issues.