How
does it work? Starting
in the 1960's, Congress enacted a number of laws intended
to protect
consumers from the invasion of their privacy and the reporting
of inaccurate or unverifiable information. Among these laws
were the Fair Credit Reporting Act and the Fair Debt Collections
Practices Act. We use these laws to show you how to force
the credit bureaus to remove negative items on your credit
reports.
Is
it legal? YES!
The only way to modify your reports is to use the laws.
A Credit repair company such as ours acts as a check and
balance system against the credit bureaus and collection
agencies. We have the consumer in our best interest.
I heard from a friend that this cannot be done & it
sounds too good to be true. Each
year the creditors and credit bureaus spend millions of
dollars to get this idea across to the public. They realize
this is the only way to keep control. If you notice, the
bureaus are usually making these negative statements themselves.
If the process did not work, why would they spend so much
money trying to deter you from this effort?
**In
January 2000, the credit bureaus were fined $2.5 Million
Dollars for failing to comply with the law. Millions
of callers received a busy signal or a message asking them
to call back later, while many
who did get through were kept on hold for long periods.
Equifax and Trans Union also were said to have
blocked calls from some sites."
Can I do this myself? Anyone
can restore his or her own credit. We offer a professional
informative e-book to restoring your credit. Because creditors
and credit bureaus do not want to remove negative items
from your reports, they will use roadblocks and bureaucratic
red tape to delay the process and elude the credit laws.
We are familiar with these tactics and have developed techniques
to combat their efforts and make the law work for you.
Is the E-book expensive? If
you intend to use credit in the future, this could be the
best investment you ever make. The average adult will spend
an extra $5000 to 10,000 a year or more because of bad credit.
The only out of pocket expense to repair your credit report
is just 39.95. There is nothing else to purchase, ever.
How long does the process take? That
is one of the negatives about credit repair. Your credit
positive or negative, was not established over night. Generally
speaking, it could take anywhere from 1 month to 2 months
depending on your reports & how many negative items
you have. You should start to see some results in 3 weeks
or less...
How will I know the progress of the credit report being
cleaned up? You
will receive updated credit reports directly from the credit
bureaus stating the progress made in restoring your credit.
You
should start seeing these updated reports 2 to 3 weeks from
the time the credit bureaus are contacted.
What items can be removed? We
have seen thousands of citizens having items removed ranging
from
credit cards and medical bills to bankruptcies, tax liens,
and judgments, late pays, car repos, etc..
Virtually any item has the potential of being removed or
restored.
If I pay my debts, will those items be removed from my credit
report? No,
there is no legal obligation for creditors to remove the
negative items once a settlement or payment is made. Their
only obligation is to show that the account has been settled
or paid. If the items were negative before you paid them,
they will still be negative after you paid them. The only
difference is that it will show a 'zero' balance owed.
Any
attempt, by a creditor or collector, to make you believe
otherwise is a lie.
Won't an item fall off after 7 to 10 years? Generally
speaking yes, as long as the item does not have a balance.
Any item with a balance has the chance of being re-reported
and starting the 7 to 10 year period all over. These items
could stay on your reports forever.
Why wait 7 to 10 years to have good credit? Start
getting control of your credit today!
