Credit Repair
What is Credit Repair?
Credit Repair often times successfully removes any type of negative credit that is reporting with all three credit bureaus, which are Trans Union, Equifax and Experian. These negative items may include Bankruptcies, Foreclosures, Repossessions, Tax Liens, Judgments, Collections, Late Payments and Charge Offs. Many times Credit Repair companies successfully remove negative credit items whether the debt has not been paid or satisfied.
How does Credit Repair work and is it legal?
A Credit Repair company will legally leverage loopholes in the laws that govern the credit bureaus and creditors (Fair Credit Reporting Act) to permanently remove negative credit on behalf of the client. The FCRA states that the consumer has the right to dispute any or all items that they feel are inaccurate. Any time a consumer goes through the correct process of disputing an item the credit bureau must investigate the dispute. These are some common reasons items appearing on a credit report are taken off regardless if the item has been paid or not; inaccurate, incomplete, or unverifiable.
How long does the process take?
Typically you should see results every 45 days on the disputed items. Since every client’s needs for credit repair differ it could take 45 days to 1 year to see optimal results.
How much will my Credit Score increase?
It all depends on number of items that were removed from your credit report. Sometimes you might not see any results and sometimes you could see significant results. Some companies will guarantee results or you your money back.
If you are struggling with paying your unsecured debts (credit cards for example) and you’re concerned your credit (FICO) will be damaged, fill out the form below for professional assistance.
