If you owe the IRS money, you can face a tax lien lasting 10 years! Luckily, credit bureaus no longer report tax liens. That means if they're on your credit report you can dispute them. The easiest way to dispute errors is w/help from a credit repair pro (like Credit Glory).
What is a federal tax lien (& how long do they last)?
Falling behind on your taxes is bad news — and if you fail to pay them, there are serious consequences. Neglecting to pay your taxes gives the government the right to put a lien on your personal property to recover what you owe. Federal tax liens are active debts for 10 years, so what does that mean for your credit score?
Should tax liens be on your credit report?
The three major credit bureaus (Equifax, TransUnion, & Experian) no longer report tax liens. They found that too many tax liens were being inaccurately reported, hurting scores. Since tax liens (both federal & state) are no longer reported, you can dispute any that show up on your credit report. Disputing and removing a tax lien can boost your score by as much as 30 points.
Could your negative items (like tax liens) be reported inaccurately?
Unfortunately, the Federal Trade Commission (FTC) claims that 20% of all reports contain (at least) 1 error! The penalty for negative items is a damaged credit score, which can wreak havoc on your financial future. How can you protect yourself? Your best weapon to hold creditors accountable is a dispute. That's where a credit repair expert (like Credit Glory) can make the process super easy.
Why disputing inaccurate tax liens is important
Inaccurate tax liens on your credit report have serious consequences. That's why it's important to dispute & remove them. A strong credit score opens the door to things like:
- Better options for mortgages, personal, & auto loans
- Qualifying for lower (& better) interest rates
- Faster approval on loans (great for financial emergencies)
While you can identify and dispute errors yourself, it's challenging (& time-consuming). Credit repair pros (like Credit Glory) make finding and disputing errors fast (& easy).
Bottom line (& why it matters for you)
While you can check your credit, look for errors, and dispute them yourself, it takes time (& hard work). Looking for an easier alternative (that's less hassle)? Consider working with a credit repair expert — like Credit Glory. They do the work for you, so you don't have to.
Why repair your credit w/Credit Glory vs DIY?
Removing tax liens (& other errors) helps improve your credit (& boost your score). DIY credit repair is a headache. Partnering w/Credit Glory is often a simpler alternative. Why?
- Easier - Making a mistake disputing DIY costs you. Credit Glory helps you build a strong case for disputing tax liens (& boosting your score).
- Saves you money - An unsuccessful dispute leaves you stuck with debt (& poor credit). Credit Glory helps you boost your score — which means saving money on loans (& interest rates).
- Top-class customer support - Credit Glory has best-in-class customer service to answer questions and keep you updated. Credit Glory even offers an industry-leading 100% money-back guarantee (if no errors are removed in the first 90 days).
Boost your score with Credit Glory
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!