I have been doing a lot of research lately on credit and how to clean it up - (I am in the process of bringing up my score so I can build a home) - and a question has come to mind from all the articles I have read.
Some articles say that the quickest way to clear debt from your credit report, if you have credit card debt, is to just dispute it. I read an article that explained that most credit card companies dont have the time to prove out you actually owe the money. And it would cost the credit card companies more than you actually owe them to fight the dispute.
Other articles have told me that if you dispute the debt, it can affect your credit score and can even make it more difficult for you to be eligable for a mortgage loan.
And then I have read it is easier to send the companies a letter, offering to pay about 1/3 of what you owe if they take the descrepency off your credit report.
Any thoughts on this? Anyone have any experience with methods of cleaning up their credit report like this?
Thanks for any help

Some articles say that the quickest way to clear debt from your credit report, if you have credit card debt, is to just dispute it. I read an article that explained that most credit card companies dont have the time to prove out you actually owe the money. And it would cost the credit card companies more than you actually owe them to fight the dispute.
Other articles have told me that if you dispute the debt, it can affect your credit score and can even make it more difficult for you to be eligable for a mortgage loan.
And then I have read it is easier to send the companies a letter, offering to pay about 1/3 of what you owe if they take the descrepency off your credit report.
Any thoughts on this? Anyone have any experience with methods of cleaning up their credit report like this?
Thanks for any help

