Deleting vs. Repairing vs. Correcting vs. Updating Items on Your Credit Report.

You have heard of removing, deleting, repairing, updating, and correcting information on your credit report.

What is the difference between each?

It is important to become familiar with this jargon especially if you find yourself communicating with a debt collector or your lender.

When an individual ends up in collections, a collection company will call and demand a payment. Most people will make the payment without negotiating in a way that will help their credit score simply because they do not know what these words really mean for their credit.

Picture this: a debt collector takes a payment and states, "your account has been updated." You are relieved, you made the payment, you think the issue is behind you. But really the evidence you were late is still on your report. This does not help your score or your credibility in the eyes of a potential lender. Negotiating with the debt collector that you will pay- if the item is deleted from your report is ideal. You want it in writing that they will remove the item from your credit report once it is paid- before you pay.

This is just one example of how communicating with certain words will make the difference in your credit score. Once you make the payment, settle the account and get off the phone with the collector it is almost a done deal. Your options to get the evidence of late payments removed is very slim. It is beneficial to dispute these items delicately, professionally and ethically so that it works for your credit.

You can not avoid paying back money you legally owe, unless you file for bankruptcy. But if you want to boost your score then your credit repair goals should be to get negative items removed. Innovative Credit Consultants embodies a team of credit repair professionals who can dispute items for you successfully and make your credit count. Still you should be knowledgeable with the following terms especially if you end up on the phone with a collector demanding money.

Deleting/Removing Items: the result of a credit repair process the removes derogatory information off your credit report. This is the only term that means an item is not visible on your credit report, as if it never happened. When an item is deleted, your score is raised.

Repairing items: the act of disputing negative items in a way that will improve your credit score. Credit repair also includes paying off debts and developing better habits to build better credit.

Correcting items: When your personal information or information about an item is incorrect and changed to be correct. This does not boost your score, this just makes your report read accurately.

Updating items: When an individual holds a delinquent status for a debt it shows on a credit report. When the account is paid and settled, the information on his/her credit report is updated. The item is not removed and your credit score does not all the sudden improve. Your credit report is updated to reflect your current status on accounts.


Credit repair is very confusing. talk about reading the fine print! You can receive professional attention about your specific credit report and credit score, right now-for free.

Don't forget, when communicating to a lender or collection agency the difference between updating, deleting and correcting your report will impact your credit score. Innovative Credit Consultants can help you figure out the best way to handle your current credit score and show you what your score could be. Get a free credit report evaluation and a free credit repair consult today. Visit www.icreditinc.com