Frequently Asked Questions about Credit Repair

1. Can’t I repair my own credit instead of paying your company to do it for me?

You can see chapter 8, but it’s like cutting your own hair. You can do it, but it would not be wise. We know how the credit bureaus work. Our experience and knowledge of credit laws help us get fair and desired results for our clients.

2. Are there any guarantees that my credit score will improve if I use this service?

Although we cannot guarantee your credit score will improve, we will do everything we
can to fight the credit bureaus and clean up your credit report. In almost every case we have taken on, negative items were removed from clients’ credit reports, and credit scores increased by 50 to 100 points. In some cases the bankruptcy is actually removed because the credit bureau cannot prove it happened

3. How long will the repair process take?

A majority of clients see positive results in 90 days or less.

4. How much does it cost?

Full-service credit repair costs between $50 and $100 per negative per trade line. (A trade line is information on a credit report provided by a creditor, collection agency, or a public record).

5. How does it work?

The first thing we do is order a “scored credit analysis” from our service provider, Credit Justice Services, for $200 they will analyze the three credit records and come up with a plan to repair your credit in 90 days.

We list out all negative trade lines and then attack each one with a series of letters to make the creditor and credit bureau prove the information is correct.

If they cannot prove it, it’s going to go.

6. If the negative trade line is truly mine (not an error) can I still dispute it?

Yes. Under the Fair Credit Reporting Act consumers can dispute the accuracy of a trade line if they question the validity of the lateness, collections, and/or public records reported. Most of our clients do not, in all honesty, know if they were late one time or five times. Therefore, they can honestly challenge the validity of the negative trade line. It is then our job to make sure that the three credit bureaus and the original creditors are reporting the correct dates and information.

7. What items can legally be removed from a Credit Report?

Discharged bankruptcies, Charge-Offs, Collections, Credit Account Late Pays, Foreclosures, Inquiries, Judgments, Mortgage Lates, Notices of Default, Repossessions, Student Loans, Tax Liens, Identity Theft and Bankruptcy.

8. What does CHARGE OFF mean?

If no payment is received on an account after 180 days creditors are required by law to charge off the account to receive their tax write-off. But, it’s doesn’t mean you don’t still owe the debt, it’s just been charged off.

9. How does the 7 year clock work?

The 7-year clock begins ticking the moment a debt is incurred. Every time a payment is made, the clock resets itself. If no payments are made in 7 years, the debt must be removed from your credit report regardless of whether it was charged off, sold, or in collections. This is the #1 reason why credit reports are inaccurate - debt purchasers & collection agencies keep resetting the 7-year clock (known as aging) in total disregard of the Fair Credit Reporting Act.

10. Aged accounts must be removed from your credit report?

Creditors, collection agencies, and debt purchasers are required to validate debts & PROVE a payment were made which allowed them to reset the 7-year clock & most can't.

11. What about "free" credit reports?

The "free" credit reports advertised on TV or internet are NOT free. They all want you to "sign up" for something that costs you money & offer merged credit reports that are the most pitiful excuse for credit reports we've ever seen - nothing but garbage.