If you've done any searching on the web for info pertaining to "Credit Repair," you have without a doubt discovered that there is a terrific deal offered. Unfortunately, there is also a great deal of misinformation as well.
Let's take a look at several of the most common misstatements you will come across and examine them in detail.

MYTH #1 "Credit fix doesn't work!"
While it's correct that credit repair is more "art" than "science" that's not saying it does not work. If you undertake to fix the poor credit score of yours, there's never any guarantee you can bring it to "perfect" status. But sometimes you can, and in nearly every case you can at a minimum affect some improvement in your best bad credit business loans (www.gazette-tribune.com) score, and often major improvement at that!
To start with, credit reports for the most part are filled with errors. While there seems to be no general understanding, it is estimated that about 1/3 (Attorney General of NY) to as much as 90 % (Charles Givens Organization) of credit reports have mistakes.
Removal of erroneous damaging information alone will go a terrific way toward improving your credit score. But there's far more into the story, that takes us to myth #2.

Myth #2
"Negative information that can be verified can't be removed"
This is those types of statements that are "almost" true, but taken practically is misleading. As is typically the case, the inclusion (or exclusion) of a single ostensibly small word can make the distinction in a honest statement, plus one that is not (or not necessarily) accurate.