Remove Judgements from a Credit Report

Learning how to remove judgements from your credit report can be extremely beneficial when it comes to repairing your credit. Judgements on your credit report can make it next to impossible for you to receive financing in the future. Here are the basics of how to remove judgements from your credit report.

Judgements

Judgements can be very damaging to a credit report. Your credit report has a section that is devoted to judgements from accounts that you have had in the past. For example, if a company had to take you to court in order to get you to pay a debt, there is going to be a note about this in your credit file.

When you have a judgement, it is going to be difficult to get anyone to give you credit. Creditors are always going to look at your credit history in order to determine if they want to loan you money. If there is a judgement on your credit report, there is a good chance that they are not going to extend you any credit.

Obtain Your Credit Report

The first thing that you need to do is get a copy of your credit report from each of the three major credit bureaus. Every credit bureau has different things that are reported to it. In order to fix your credit, you need to make sure that there are no judgements on any of the credit reports. Every year, you are entitled to a free report from each of the three major credit bureaus. This means that you need to visit the websites of Experian, Transunion, and Equifax in order to request a copy from each of them. If you have already obtained a free report this year, you will need to purchase reports from them. You can also go to the FICO website and purchase credit reports from all of the credit bureaus at once with your credit score.

Look for Judgements

Once you get your credit reports, you will need to see if there are any judgements on them. There should be a section devoted to judgements. You will then be able to see what creditors are reporting on your credit file.

Research

You need to determine if the creditors can actually put these statements on your credit report. Every state is going to be different when it comes to the statute of limitations on how long a statement can be on your credit report. If the statement has been on your report too long, you can get it removed. If the statement is incorrect, it can also be removed.

Contact

At this point, you need to contact all of the credit bureaus in order to ask them to remove the judgements. Write each a letter and provide them with information about why they should remove any statements about the judgements. In most cases, it will take 30 to 60 days before you start to see any results. 



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