You’ve probably seen ads online, in print and on TV from companies offering services to help restore or repair your credit. These arrangements can impact your credit score and assist you with paying down some debt, so it’s important to understand the implications of credit restoration in San Diego. Here’s what you need to know before making a decision that will have a significant effect on your financial situation.

Understanding Credit Restoration

Credit Restoration Basics: When you want to improve your credit score, restoration may be an option for you. The process involves approaching credit bureaus and disputing negative items that are appearing on your credit report. You must have a legitimate reason for requesting removal, such as the debt was paid or the statute of limitations has passed. The bureau will investigate your claim and make the appropriate changes if the debts cannot be verified by the original creditor or some other factors negate the debt.

When to Consider Credit Restoration: If you’ve been obtaining your credit report on a regular basis as many experts suggest, you’re aware of your score. This value has a bearing on a wide variety of financial arrangements, so credit restoration can improve a low score if you want to:

  • Buy a home
  • Purchase a car
  • Hunt for a new job
  • Register for utility or cable services
  • Open a bank account
  • Start a new business

Because credit restoration can take some time, it’s smart to start the process well in advance. An improved credit score may help you qualify for loans and entitle you to a lower interest rate.

Understanding Your Rights: As a consumer, you do have certain rights as they pertain to your credit score and restoring your rating:

  • You have a right to a free credit report if adverse action is initiated against you, such as denial of your application for credit, insurance or a job; you must do so within 60 days of receiving notice of the adverse action in order to obtain a free report.
  • You’re entitled to a no-cost credit report every 12 months from each of the three main credit bureaus – Equifax, Experian and TransUnion. However, you must make the request online or by calling. In some situations, you can obtain a credit report more often, such as if you’re unemployed, on welfare or the victim of identity theft.
  • You don’t have to pay to dispute mistakes or outdated debts that appear on your credit report. The bureaus and the entity that reports information about you to the bureaus are obligated to investigate information you dispute on your report. If errors are found, they must be corrected on the books of the bureau – and the bureau must report to the other two requesting that the changes be made.


Credit Restoration in San Diego

Consulting with an expert who specializes in credit restoration in San Diego ensures you have the information you need to make a knowledgeable decision on your financial future. Credit restoration isn’t for everyone, but it can mean a brighter future for you under certain circumstances.

Call Gamez Law Firm for a FREE consultation.  Daniel R. Gamez, an attorney focusing exclusively in debt settlement, is licensed to practice in all state and federal courts in California and Texas. Mr. Gamez owns and operates the Gamez Law Firm in La Jolla, CA. For more information, please contact Daniel Gamez at 858-217-5051, or visit