Ho do you do a credit report audit?

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While researching various credit repair companies, some claim to do a credit report audit as part of their service. I have also read that I credit report audit can be one of the most powerful ways to repair bad credit. I think I have a basic understanding of what a credit report audit is, but I am not sure exactly how I would go about doing one myself. Can anyone explain how to do a credit report audit (including any laws that it would fall under), or even better be able to point me to resources that would explain credit report audits?
I don’t think I was clear. I do not plan to hire a credit repair company. I am also fairly certain I know how to dispute an item on my credit report with the credit bureau. What I am asking about is how to do a credit report audit. My understanding is that for a credit report audit, in addtion to disputing with the credit bureaus, you require the creditor to directly verify validity of the existance of a debt by requiring the creditor to submit certain documents. I understand this is particularly successful for collections and charge-offs. However, I do not know how to go about doing this. What law or laws (if any) does it fall under? How should the letter be written and what should be asked of the creditor? What documentation should the creditor be asked to supply? I would be interested in hearing from anyone who knows the answer to these questions or knows of any good sources that has answers.

4 Comments
  1. Reply
    R T
    June 26, 2011 at 9:26 am

    Basically, you look over a report and make sure everything is correct. If it’s your report, you should be able to tell without any “professional” help. If it’s incorrect, dispute it. There is no need to pay someone to do this.

  2. Reply
    golferwhoworks
    June 26, 2011 at 9:32 am

    what these people do you can as well. They dispute every bad item and see what then sticks in 30 days. Some delete since they may not respond in time so do not. That is what they are talking about. Then when a new report id taken then they look at the best way to settle bad stuff

  3. Reply
    double t
    June 26, 2011 at 10:25 am

    credit repair service is one of the biggest rip offs there is, these credit repair services actually work for the credit card companies. the only way to go about this, is to contact the credit agency your self and go through your credit report and fill out the forms to tell them what is actually your accounts and what is not yours, you are entitled to a free report once a year

  4. Reply
    Kamal
    June 26, 2011 at 11:07 am

    By looking at your credit report very carefully. look for the items which are there, which belongs to you and not. make a statement of those items, which are there and you think does not belong to you r you have already made payment or part payment. Talk to credit bureau all three, makeyour position clear. that is all about credit audit.

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