Why credit report repair? In the United States court system, you are presumed innocent until proven guilty. However, it seems like in the credit system, you are guilty until you prove your innocence. The credit companies collect and distribute your private information without your knowledge at times and without your permission. So if credit bureaus are going to collect and sell information about you, they should also have the responsibility to make sure it is accurate and up-to-date. With this in mind, you have the legal right to challenge the information that is in your credit report. We present your case in the most effective way possible. Data that is not correctly validated under the law has to be deleted regardless of whether it is true or not. A properly presented case can make it very expensive for the credit bureaus to defend an item. That’s because a generic form is not acceptable when verifying that an item is accurate. Credit bureaus usually don’t want to spend the time or money to dispute a claim, no matter how accurate it is, if it is going to be a long drawn out process. It costs them too much money. And if the credit bureaus do happen to confirm something that is on your credit report, the advisor that has been assigned to you will just increase the intensity of their challenge. This makes it even more costly for the bureaus. In our opinion, using a knowledgeable credit advisor is essential.
Why do I need a credit advisor? Can’t I do this myself? Yes, you can. It is possible to fix your own credit, be your own attorney, be your own CPA or build your own home. With the right amount of time and energy you can learn to do the things that we will do for you. So yes, you can do this on your own. But just as you might not choose to repair you own vehicle, it isn't necessary to tackle credit repair alone. Our advisors are credit restoration professionals. They work day and night, 24/7, to protect your rights, according to the applicable consumer protection laws. Because they are professionals, it is likely that they will be able to complete a task in a quicker and more efficient manner than you as a layperson would. The top question is how valuable is your time, aptitude and inclination to learn this work?
Is it legal to repair my credit? Of course it is! Credit restoration companies could not engage in credit repair if it were illegal. Creditors are the ones who have spread the misconception that credit repair is not legal. The Fair Credit Reporting Act (FCRA) gives you the right to accurate credit reporting. Exercise that right by having your questionable credit listings either verified as accurate or removed from your credit reports according to the law.
I thought credit bureaus were official governmental agencies and that I didn’t have much say in what was on my report. Nothing could be further from the truth. There isn't anything governmental or official about the credit bureaus at all. In fact, the major consumer reporting agencies -- Equifax, Experian, and TransUnion -- are just three large publicly operated companies. In fact, you could even buy shares of Equifax and Experian yourself just by telephoning your stockbroker. Sadly, many creditors have perpetuated the belief that the credit bureaus are official, quasi-governmental agencies and will somehow punish consumers who dare to fight back. Such creditors want consumers to believe that challenging a credit report item is like questioning a courthouse record. Thankfully, that is not how it is. As a matter of fact, no law makes allowances for a credit report's existence, and because of this, the reports may be considered to be no more than a list of allegations that must be proven.
Are accurate items required by law to stay on my credit report for seven years? Not at all. The law limits the length of time that negative items can remain on your report to a maximum of 7 years. But the credit bureaus are able to delete these negative items any time they deem fit.
Am I required to know all the details of my credit report before I contact you for services? No. Most of our clients were not even aware of all the negative things on their reports until they were denied credit. Your credit advisor can let you know right away what items need to be taken care of.
How much time will it take before my credit is restored? No one can predict how long a case may take. Every single case differs substantially. It would not be right for any company to state just how long any one case would take. But, if you have credit monitoring, you are likely to see marked progress in the first two months. After that, advancement will be at a pretty steady pace. On average, a participating member will see one of every three challenged items removed from his credit report. It usually only takes about 6 months to complete the credit repair process. This is the case for a majority of our clients. Occasionally though, more complex cases might take upwards of 12 months to repair. A lot of your progress will depend on how quickly you forward the information you receive, the specifics of your case, and the cooperation from the credit bureau(s).
Must I pay off negative items (like collections) before they can be removed from my credit report? Absolutely, not. Paying off a negative item doesn’t affect whether or not it's shown on your report. But please realize that erasing an item from your report does NOT excuse you from payment of your debt. It just means that it will not appear on your report when a potential credit grantor is viewing it. If you choose not to settle an unpaid item it may put you at risk for the creditor taking additional action that can again destroy the credit you have just worked so hard to repair (as in submitting it to a collection agent or a small claims court action filing). Obtain professional assistance to negotiate a settlement of unpaid debts.
Will paying off all of my bills return my credit to good standing? Although this is a very logical assumption to make, unfortunately it is not true. There is nothing logical about the credit reporting system. An item will actually appear on your credit report longer if you pay it than if it goes unpaid. This is because any activity causes the seven-year time clock to reset and begin again. Surprisingly, a negative debt that has been paid in full is not viewed any differently than a debt that has not been paid, and has a negative listing. In the majority of cases, when you don't utilize professional help, you will not get too far by paying off the old debts. Regrettably you may sink even further.
Will deleted items go back on my credit report? When an item has been deleted, occasionally, verification comes in later on behalf of the creditor. The Fair Credit Reporting Act recently modified its language to keep items from being re-reported on your report. Also, you must be informed before an item that was taken off before can be reported again. Once removed, it is quite unusual for a listing to show up again. If an item is re-reported, it is a simple matter to challenge the listing again and press for permanent deletion.
Will I establish a new Social Security or Tax ID number, or receive a new credit line? Absolutely not! These methods risk loss of freedom, income, and community standing. If you see an advertisement for "NEW CREDIT FILE OVERNIGHT," steer clear!!! We legally challenge the credit bureaus, exercising the rights extended to you by Congress, forcing the deletion of adverse information from your credit report.
Is there any guarantee with this program? As with any legal work, no specific outcome is promised. No lawyer could ever promise a client that a judge would find them innocent. These services are, however, backed by a refund policy which entitles you to some or all of your money back if enough questionable items are not removed. We have had extremely positive results which is why we are prepared to back our claims.
Will I be approved for credit upon completion of the service? As long as you have a clean credit report and meet the other requirements of the credit grantor, you should be approved for credit. Even if you're able to get credit, that can also be limiting. You can add positive trade lines to your credit report to via our consultation services. How will I receive updates on the progress of my account? You will receive credit reports from each of the three primary credit-reporting agencies on a regular basis. You can also monitor your progress in your customer portal. You should see items being removed from your report each round. It won't happen all at once- like losing weight; each time you weigh yourself you see that you're a little bit closer to your goal, and with patience you reach it. Also, your advisor is available to answer questions or to advise you on the status of your progress.
What do I have to do? You are expected to respond promptly and provide all information requested. Besides those two items, being our client requires little but patience waiting for regular credit report updates delivered to you from the credit bureaus.
How much does your service cost? Fees for our service include a one-time, first-work fee, and then a monthly program fee. There are no long-term contracts. Clients have the flexibility of determining if they want to continue in the program each month. Please contact us today to discuss the best options for you.
It is our goal to help our clients obtain a good credit score. While we do not guarantee individual results, it has been our experience that our average client has experienced an increase of 100+ points when they successfully complete our 6-month program. If you are not completely satisfied with the results of our service, we will refund a portion of your enrollment fee. It is just our way to ensure your satisfaction. Read our complete satisfaction guarantee HERE.