Frequently Asked Questions
01 What is A Consultation?
A consultation is an overview analysis of your 3-in-1 credit report from each of the three major credit bureaus (Equifax, Experian, and TransUnion). A credit specialist will ask you questions to determine which accounts on the report you are questioning and conduct a needs analysis to discover your credit goal(s). From there, we provide recommendations based on your credit profile and your needs to help you crush your credit goal(s). The consultation is designed to be a brief introduction to me and my services to determine whether or not you are a candidate for credit restoration. If you are ready to proceed with our services, we will next do a detailed audit of your credit reports and begin the process of disputing those inaccurate, unverified, and/or questionable accounts.
02 What is A Credit Audit?
Your audit is a comprehensive analysis of your credit profile, broken down into easy to understand, actionable segments. After reading your audit, you will understand all aspects of your credit profile, and you will also know how we are going to work together to increase your credit score. Your audit will include a complete description of each item on your credit report, both positive and negative, along with action steps that you should take to improve your credit profile and credit scores.
03 When Do You Charge Me For The Audit?
You are charged between 1-5 days after the audit is complete.
04 Should I stay enrolled in your monitoring service?
Yes, a 3 in 1 credit monitoring service is mandatory while you are enrolled in the program. We need access to your credit report at all times to track the progress. Without an active monitoring service, we cannot assist you.
05 How long does the process take and when can I expect to see results?
We cannot promise you a specific timeline, nor can I guarantee you results. If you work closely with me to follow credit best practices, we can ensure that you can achieve your credit goals. On average, it takes a minimum of 6 months to 1 year to reach your credit goals. Legitimate credit repair is not an overnight fix. It’s a PROCESS that takes time to do properly. Credit restoration requires TEAMwork (TEAM = Together Everyone Achieves More). Please follow the exclusive advice we give you to make this a smooth and successful process. Everyone’s situation is unique, and some graduate sooner than others. The important thing is making sure that your credit is repaired the right way so that you have a solid financial foundation for the future.
06 What is the cancellation policy?
Under the Fair Credit Report Act, you have three days after initial enrollment to cancel.
After the three days initial enrollment, you must give 30 days prior written notice before the 1st of the month or before the next billing date.
07 What does the process entail?
We make attempts to challenge inaccurate, unverified, questionable accounts with the credit bureaus, collection agencies, and the original creditors. We would assist you with building a strong credit profile and educate you throughout the process. You have 24/7 access to the client portal to keep you updated with the process and communicate with me via the client portal.
08 Can you help me build credit?
Yes! Your audit includes personalized advice geared towards your credit situation. If we feel you need additional lines of credit or better lines of credit, I will include sources of credit lines that will benefit you in my recommendations, and I’ll be sure to explain your options thoroughly.
09 When will I see results?
Our clients usually see results within 45 days but the credit bureaus have 30 days to process disputes. The repair process can typically take 6 months to a year depending on the number of items we need to dispute.
10 What Is Credit Monitoring?
Credit monitoring is the process of periodically reviewing your credit reports for accuracy. Credit monitoring helps protect you against identity theft and monitoring any changes and/or inquiries made to your credit file. You will need it throughout the program click here: https://www.identityiq.com/sc-securepreferred.aspx?offercode=43114278
11 What Is My Credit Score Based On?
35%—both timely and untimely payments. 30%—The amounts and types of outstanding debt. 15%—The time since an account has been opened. 10%—Number of recently opened accounts and recent inquiries. 10%—Number and types of accounts such as credit cards, retail, etc.
12 Can Items Reappear On My Report?
Yes they can. Negative accounts that have been deleted may later reappear if verified by a creditor. According to the Fair Credit Reporting Act the credit bureau must inform you before they re-report a previously deleted listing. The Fair Credit Reporting Act does make it hard to re-report listings, because of this it is very rare for this to occur. If this situation does ever occur we will help you challenge the listing within legal means.
13 What happens to accounts when they are removed?
Removing anything from your credit reports does not remove your obligation to that debt. You still are legally liable for the debt and need to settle it if it is within the statute of limitations in your state. If you feel you are over your head with debt, bankruptcy might be something you should consider, that is the only legal way to remove yourself from debt liability.
14 Is Credit Repair legal?
The Fair Credit Reporting Act gives you the right to dispute any misrepresentation on your credit reports. Consumer reporting agencies are required to correct or delete inaccurate, incomplete or unverifiable information within 30 days of dispute.
15 Is credit repair really worth it?
In a word, yes, it usually is. If you have inaccurate negative items on your credit reports, that may impact your ability to get a loan or new credit, a house, an apartment, or even a job! And it isn’t only accounts that matter. Lenders and employers may also look at your “aliases” and past addresses for an indication of your trustworthiness. It’s common for credit reports to list the wrong name, birthdate, and address. Worse, they often list misspellings and variations as aka’s or past addresses. A person who’s lived in the same place for 30 years may have a dozen different “addresses” listed! There’s a lot more to credit restoration and credit counseling than disputing obvious mistakes. Call us today to nd out more.
16 What Items Can You Help Me Remove?
With our assistance and document processing, our clients have had great success with inaccurate, unverifiable, and obsolete items such as bankruptcies, foreclosures, collections, charge-offs, repossessions, medical bills, credit card debt, inquiries, late payments, old addresses, judgments, tax liens, and student loans.
17 Will Items That Are Removed Come Back?
Items cannot come back as long as the item is current or paid at the time of removal or if the collection is older than three years. This holds true except in very rare circumstances.
18 Why Do Results Vary?
There are two sides to the credit score battle. Sometimes, the creditors and the credit bureaus have done absolutely everything right and we have no case against them. On average, clients are able to remove 80% of the negative items from a credit report.
19 How Long Will it Take to Raise My Score?
Through our services, 93% of our clients see their credit score increase 10 points or more in the first 45 days. Over the full 180-day term of the contract, the average credit score increase could be 102.7 points. See full statistical breakdown.
20 How Much Will it Cost Me?
We have different packages that are tailored to the needs of all clients. For a break down of costs, please see our pricing section.
21 Is Credit Training and Education Worth it?
Contrary to what credit bureaus want you to believe, credit training does work in most circumstances. But it only works if you are getting the best advice from an experienced professional. Anyone with a credit score below 720 can benefit long-term from the advice and information provided through credit education. However, there are limiting factors that will prevent us from helping you. Two main factors are: (1) your financial situation and/or (2) the time frame in which you need to reach your results. It is possible to remove anything from a credit report, even accurate items. For instance, if the creditor makes mistakes or does not adhere to the specific time frame, the negative item may be removed.
22 Money back Guarantee
Money back guarantee if all rules of the program are met and still no results seen, and can only be availed after 180 full days in the program.
23 Is Credit Training Legal?
Yes, credit training is legal and our credit education and document processing services will help you to use the law in your favor. That law is called “The Fair Credit Reporting Act.” The FCRA gives you the right to dispute any item on your credit report. If that item cannot be verified within a reasonable time (usually 30 days) it must be removed. Studies have shown that 79% of all credit reports contain errors. This is nearly 8 out of 10 reports. Therefore most credit reports improve immediately. For items that disputed that are not errors, a creditor or furnisher is often unable to find the records or signed documents within the allotted time and the item gets removed. Sometimes the furnisher will say it has been verified by not offer proof. It is our job to prepare documents that challenge this and we are very skilled at that.
Is Your Credit Holding You Back?
Schedule a Credit Evaluation to find out what is on your credit report today!