Though most financial institutions consider the credit score to be an indicator of the financial health of the individual, a person can have a bad credit score due to factors beyond his or her control like poor health or incorrect reporting by any of the credit reporting agencies. This can adversely affect the ability of the person to get a credit card or loan.

However, it is now possible to fix credit and improve your credit score by using the provisions of the Fair Credit Reporting Act. There are many firms which offer credit repair services. They basically write to the credit reporting agencies and ask them to remove any negative item in a credit report which cannot be supported by adequate proof.

Ovation Credit Repair offers two credit repair programs – Essentials program with a professional case adviser, unlimited disputes to credit bureaus, online dispute strategy management. Additionally, the Essentials plus program includes custom validation letters to creditors and a letter of recommendation.

There are many instances when an individual’s credit history  may be damaged for no fault of his. The negative report could be due to an illness or accident. At times a clerical error may occur at the credit reporting agency. A person with poor credit finds it difficult to get loans, may have to pay a higher interest rate and could also affect their ability to find a suitable job.

Today credit repair is feasible by referencing the Fair Credit Reporting Act and improving your credit score. The procedures to be followed to repair credit can take time. However, there are several specialized agencies which can improve your credit score for a fee, which is a fraction of the amount you will save in the long term.

The method used to fix credit by credit reporting agencies is to first procure credit reports and for each negative item in the credit report, the credit reporting agency is asked to furnish supporting evidence . If the credit reporting agency cannot provide any supporting evidence, the negative item has to be  removed from the credit history. This results in the improvement of the credit score of the person over a period of time.

Often the credit history of an individual may be damaged for no fault of his. It could be due to an unavoidable illness or accident. Some times there may a clerical or data processing error at the credit reporting agency. Not only does the affected person have to pay a higher interest rate, it could also affect his or her chances of getting a job.

However, credit repair is possible using the provisions of the Fair Credit Reporting Act to improve your credit score. Though the process is time consuming and cumbersome, there are several specialized agencies which can repair bad credit for a fee, which is nominal compared to amount saved in the long term.

The technique used by credit reporting agencies for fixing bad credit is similar , for each negative item in the credit report, the credit reporting agency is asked to furnish proof. If no supporting evidence is provided by the reporting agency, the negative item is removed, improving the credit score of the individual over a period of time.

One of the most widely used measures of the finances of any adult individual is his or her credit score, which can determine the eligibility for loans, interest rate and even jobs.  However, often the credit score is lower than what it should be due to inaccurate reporting or errors. It is possible for an individual to repair credit , but the process is very cumbersome and time consuming.

To alleviate this problem, individuals seeking to improve their credit score can use the credit repair services provided by companies like DSI solutions. The credit repair service will first examine the credit reports at all the major credit report bureaus – Transunion, Experian, Equifax and then work to remove the negative items which lower the credit score.

By removing even a single negative item from the credit report, an individual could save thousands of dollars. To fix credit, a user has to pay a one time setup fee of $19 and the balance in three installments of $89 each. They guarantee results within sixty days, and if there is no improvement, a customer can get his or her money back, with an additional compensation of $50 .