The Tools
There are many tools necessary to fix your credit and finances
The Letters
These are the main tools. Anything sent through the United States Postal Service is considered true in a court of law. That is why the penalties for mail fraud are so severe.
This means when negotiating with any company it is highly beneficial for you to do so in writing through the United States Postal Service.
This will give you a written record of all of the steps you have made in good faith if they must be presented in the future.
Do not write anything you specifically know to be untrue because that could be considerd fraud and is unnecessary.
These are free downloadable pdf debt validation letters.
These are used to demand validation of debt as per your rights under The Fair Debt Collection Practices Act. See an AI summary of it here.
If you are experiencing a temporary financial hardship and need to keep an account open send them this letter. Be sure you can honor the proposal you make.
A Temporary Payment Arrangement
I send one of these two letters whenever I receive a sudden unknown bill or notice.
A Letter to a Debt Collector Requsting Debt Validation
Collection Dispute Letter to Debt Collector
Dispute Letter Templates for the 3 main Credit Bureaus you can purchase!
Visit the Store
Do not purchase them yet!
STOP HERE!
Go to How to Fix Your Credit
and read through the information for HUGE DISCOUNTS on the letter templates. You will need to understand the information in the knowledge section to use the letter templates effectively.Open new credit accounts
Having no credit is almost as bad as having bad credit. You need to open up positive accounts and keep them in good standing.