Typically your foreclosure takes around 2 years. Should you be doing anything while you wait? Yes, check your credit report for inaccurate items, then dispute (& remove) them. Need help disputing? A reputable pro (like Credit Glory) can help you — boosting your score!
Should your foreclosure take a long time?
The average foreclosure has around 6 phases, and the process takes around 2 years. The good news? While you're waiting, you can work on rebuilding your credit. Then you can start building a better financial future (to move past your foreclosure) — & Credit Glory can help!
What happens after your foreclosure (& more reasons you need to rebuild your credit)
After your foreclosure, you should expect your score to drop. The worst part? A lower score means higher interest rates (which cost you a ton). How can you fight it? Your best bet is to start rebuilding your credit, and a great way to start is by disputing any inaccurate info. You can dispute on your own, but when you team up with an expert (like Credit Glory), the process is a breeze.
How to rebuild your credit after a foreclosure on your own (& why a pro makes it easier)
The best tool to rebuild your credit is a dispute. You can dispute either DIY or w/help from a professional (like Credit Glory). Here is the process (& why working w/an expert is the easiest way).
Step 1: Check your credit report for inaccurate items
Disputing negative items starts with identifying inaccurate reporting. Wondering how to find errors? Look at the detailed info for negative items from all 3 credit reports. Sound like too much work? An expert like Credit Glory quickly finds mistakes, making the process a breeze.
Step 2: Write a dispute letter
There are several options for drafting a dispute letter. You can start from scratch — or find a template online. The tricky part is finding a legit template — especially when Google gives over 74 million search results! On the other hand, a partner like Credit Glory handles this for you, removing the headache.
Step 3: Collect supporting docs
If you can find a legit sample letter, you need to clearly state your name, address, and what you are disputing. Then collect all relevant documents to support your claim. The catch? Make sure you send copies — not originals. Optionally, Credit Glory makes this easier, knowing exactly what to send (& where to send it).
Step 4: Wait for a decision
If you manage to write a letter, compile the documents, and find out where to send your letter — the last step is waiting for results. Assuming you did everything perfectly, the dispute results are sent to you in writing. The result? After a long wait — sometimes months — the record may be removed. If you let Credit Glory help, you have access to support throughout the whole dispute process.
Your easiest alternative to a DIY dispute is Credit Glory
For a simplified and painless dispute process, working with a pro (like Credit Glory) is the way to go. A pro knows disputing techniques, and how to support your claim. Then provides excellent support along the way. When that pro is Credit Glory, you also have confidence backed by high ratings (4.9/5.0 Stars) from thousands of satisfied customers.
Credit Glory makes it easy to dispute inaccurate items and rebuild your credit!
Disputing negative items on your credit report is hard work! It takes a lot of time, effort, organization, and follow up. The good news? Our team of credit repair professionals is here to simplify everything! Let your dedicated credit repair expert relieve you of the stress, hassle, and time needed to fight your inaccuracies and boost your credit score (FAST!)
Credit Glory is a credit repair company that empowers consumers with the opportunity and knowledge to reach their financial dreams in 2021 and beyond.
Call us at (855) 938-3044 or set up a consultation to get started, today!