The three major credit bureaus are in only in business to make money for themselves and their shareholders. They make their money by selling your credit and financial information to other businesses who want to lend you money. With this information those businesses will decide if you are worthy of a loan or not.
What they do not make their money from is making sure your credit report is 100% factual and accurate, in fact they do not even verify what they are reporting.
Different Credit Scores From Different Sources
In order to protect themselves against lawsuits the credit reporting agencies will often supply customers like mortgage brokers and car dealers with reports that have lower scores then you would get if you bought one directly from them.
This is their way of safe guarding themselves from any legal issues that could arise from defaulted loans. They basically are protecting themselves at your expense!
This under reporting is a good reason for making sure that your credit report is accurate and that there are no older accounts on there that could drag your score down further.
Accounts that are negative such as charge offs, collections and late payments can also be removed but they will require a little more work on your part, but they can be removed. The easiest way to get your credit score increased and your credit report cleaned up is by doing self credit repair. This is a simple process but one that does require you follow a proven method.
There are many online kits or books you can buy to help you through the process. Just make sure any self credit repair kit you buy has credit dispute letter templates and a proven plan to follow as well as updated information!
A good Credit Repair Kit that includes all of these key components mentioned above is available for less then your cell phone bill at http://www.diycredithelper.com
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