A letter of explanation helps ease prospective lender's minds when you're applying for financing. A template is one way to help you write the letter. However, templates can be sketchy, and a dispute may be a better option for you. A dispute removes any questionable items on your credit report so you don't have to explain them in the first place.
What is a letter of explanation? (& why you might need one)
A letter of explanation is a tool to help justify any items on your credit report that may cause issues. When would you write a letter of explanation?
- If you have accounts showing in collections
- If you were a victim of identity theft
- If you need to explain any other unusual credit report items.
Writing a letter to explain each of these situations may help with financing approval if the lender is on the fence. The downside? Even if you use the best template, there are no guarantees it will work.
A credit repair expert (like Credit Glory) can save your credit better than any template
If inaccurate items are causing your score to suffer, a dispute may be better than a letter of explanation. How does it work? It all starts with inaccurately reported items — which happens more often than you'd think! The good news? Disputes let you remove inaccurate, negative items, saving your score.
Disputing can be a tricky (& difficult) process though. How can you make it easy? The best way to make disputes effortless is to team up with an experienced credit repair expert, like Credit Glory.
How Credit Glory beats templates when filing a dispute
The advantages and perks when teaming with Credit Glory to dispute inaccurate information are huge. These include:
- Reduce uncertainty in disputes - It isn't easy going up against a big creditor and telling them they're wrong. You need to craft a concise letter, then collect the right evidence. Credit Glory helps b/c they know exactly what your letter should say (& how to support it).
- Customer support during a lengthy process - Any dispute — whether DIY or w/a pro — can take a while. If you use a template and do it on your own, you may be in the dark about the status for months. However, if you team up with Credit Glory, you can check your status at any time w/their best-in-class customer support.
- It's nice to have a little help - It's always nice to have professional experience on your side when you're trying to fix something as important as your credit. Access to guidance keeps you from making silly mistakes (saving time & money).
Is Credit Glory really your easiest way to dispute items?
You may (understandably) have questions about trusting a repair company over a template. However, addressing those questions for a reputable repair company — like Credit Glory — is no problem.
Why should you pay for Credit Glory when templates are free online?
Templates may be free, but they do have a hidden cost — uncertainty & your time. The value delivered by Credit Glory is peace of mind and time saved. That value is amplified when you consider long term savings from lower interest rates after a successful dispute (& score boost).
Can you trust Credit Glory?
Credit Glory is backed by a 4.9/5.0 star rating based on over 1200 reviews. Still unsure? They also stand behind a 100% money-back guarantee. If they can't remove inaccurate negative items from your report in your first 90 days, expect a refund (less $100 of your review/setup fee) — no questions asked!
The choice is clear: Credit Glory makes disputes effortless
If you're serious about disputing items on your credit report, help from an expert (like Credit Glory) is the easiest way. The proof? They remove uncertainty, save time (& money), and provide access to the help you need — when you need it. Credit Glory uses a tested dispute process for removing items (like closed accounts) w/proven results.
Let Credit Glory eradicate negative accounts for you, today!
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!