Why is it so common to hear that bad credit can't be repaired?

Why is it so common to hear that bad credit can't be repaired?

Credit is a way of life in America. Without good credit, you have to take your seat in the second-class section of our economy. But, if your credit is in shambles, you may not be willing to wait for seven years while your credit report repairs itself.

Is there anything you can do to speed your credit repair? Many authorities, such as the news media, will tell you there is nothing you can do to repair your credit. Newspapers, magazines, and TV news journals all seem to be unanimous in discouraging you from making any effort to repair your credit before the seven year limit.

We have repaired over one hundred thousand negative items from individual consumer credit reports in the last two years. What about the thousands of Americans who have repaired their own credit? Why has the media repeatedly denied the possibility of repairing credit when substantial evidence points to the contrary? Who stands to gain from such a broad campaign of disinformation?

The giant credit reporting agencies (credit bureaus) have maintained a consistent public relations effort to dissuade you from repairing the information appearing on your credit reports. The credit bureaus are especially intent on steering you clear of "credit repair" companies that promise to help you repair your credit. The bureaus claim that these companies "cannot have accurate information removed from your credit report."

If you are like 70% of Americans that have less than perfect credit, you're sure to be interested in the truth about credit repair. If there were a legitimate alternative to seven years of credit denial, that alternative could mean early parole from the bad credit prison.

You must be aware any errors you might make on a credit application could result in you getting mixed up with another

consumer which may ultimately result in false credit information being reported associated with your name by credit reporting companies. You must be aware when your address information is given to a creditor and this information becomes part of a credit reporting company’s computer bank, the credit reporting companies may, at a later date, sell this information to a collection agency who in turn can use the information to track you down and initiate collection attempts  against you.