Frequently Asked Questions
How do you restore bad credit?
We offer person to person confidential coaching. We begin by reviewing your credit report. We then draft letters to each credit bureau to dispute the negative items on your credit report which are outdated, unverifiable or inaccurate. The letters are designed to communicate your dispute in such a way that the credit bureaus will accept as a valid dispute and conduct an investigation.
While this may sound easy, any person who has attempted to dispute their own credit will tell you otherwise. According to federal law, the credit bureaus can ignore your dispute under a variety of conditions. A large part of dispute letters are rejected under one pretext or another. We have a high success rate for opening investigations.
At the conclusion of the credit bureau's investigation, a new copy of the credit report is sent to you. You copy and fax us the new credit report and the cycle repeats itself at timed intervals until all the negative items that can be removed are indeed removed.
A disputed credit listing must be accurate and verifiable for it to remain on the credit report. If a credit listing is only somewhat inaccurate, the credit bureau may simply change the item to reflect the accurate status. Often, disputed credit items cannot be verified; the creditor either no longer possesses the information or does not wish to go to the trouble of verifying it. Also, the reinvestigation must be completed within 30 -45 days or the listing must be removed. For these reasons properly disputed credit listings are removed with remarkable frequency.
Each time an investigation commences, the odds of receiving a particular deletion increases.
We would welcome the opportunity to earn your trust and deliver you the best service in the industry.
How do you do this legally?
Although, the credit bureaus would like to have you think otherwise, there is absolutely nothing illegal about disputing items on your credit report. In fact, it is your explicit right by law to do so (please see Fair Credit Reporting Act). Credit repair is legal as is pleading "not guilty" in a court of law.
How long does it take?
It is inappropriate for any credit repair company to promise a particular result within a certain period of time. We can no more do that than we could promise a client that he or she would prevail in a court of law. If credit reports are received promptly, some clients see exhilarating progress within 90-180 days.
What if deleted items reappear?
On occasion, a negative listing that was recently deleted will be eventually verified by the creditor. The new Fair Credit Reporting Act requires that the credit bureau inform you BEFORE they re-report a previously deleted listing. The FCRA also makes it more difficult for credit bureaus to re-report listings. Because of these factors, it is fairly rare for listings to come back on once they've been deleted. If an item is re-reported, it is a simple matter to challenge the listing again and press for permanent deletion.
Does paying my old bills/old debt restore my credit?
Although this would appear to be correct, the credit reporting system just doesn't work that way.
When you pay an old debt, the negative credit listing doesn't disappear. In fact, it re-ages and the seven year clock could begin with that negative listing. The most ironic thing is that a paid, current negative listing is not any better than an unpaid negative listing. That is not always true, but in most cases, you won't get much further by paying the old debt.
Do I need to see my credit reports first?
Yes! You need to know what is on your credit report and you need to provide a copy of that report to us. Without the report, we cannot start on the repairing and restoring of your credit profile. It is like a road map. You need to know where you are now, so that we can map where you are going.
