Explaining Negative Info On Your Credit Report

If you have negative information on your credit report, you aren’t doomed with the bad report. You can explain some of the negative information so that when creditors see it, they have a better understanding.

All you have to do is attach a statement to your credit report that explains why the negative blotch is there. Things happen, so this won’t hurt to explain. This statement will be given to anyone requesting a report. many times statements convince a lender to give you a chance.

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