Credit Repair Attorney

Due to the lack of consumer knowledge regarding credit reports, there are many myths about correcting your credit report and improving your credit score floating around. A few of these myths are covered here to help you with your credit score improvement.

Making payments to credit cards on time always helps your credit score.

Not paying your credit card bills on time will certainly harm your credit score, but paying them on time doesn’t increase them. Since not paying the bills will hurt your score, it is best to always pay your bills on time; just don’t expect your score to improve because of the payments.

Checking your credit score lowers your score.

This stems from the fact that if you authorize a company such as a credit agency to check your credit, your score does decrease a few points. However, if you decide to check your own credit score, this action is not recorded on your credit report, therefore your score is not affected.

All negative credit entries will be removed after seven years.

No exactly. Negative credit entries can be removed from your credit score after seven years, but you may need a Houston credit attorney to make this happen. It is legal for credit bureaus to leave this information on your credit report, but it is illegal for companies to continue reporting on delinquent accounts older than 7 years.