The credit bureaus have cleverly spread this myth through the news media and government agencies. The truth is, credit bureaus will often temporarily delete a negative listing if they haven’t heard from the credit grantor after approximately thirty days. If the credit grantor reports late, say after six weeks, and then verify the negative listing, the credit bureau will often reinsert the negative listing on the credit report. This is commonly known as a “soft delete.” Usually however, the creditor simply fails to respond and the negative listing is permanently deleted. If the credit grantor verifies the item, either before thirty days or after, the account may still be challenged at some future time.

No credit repair company is so good that it can guarantee a specific outcome. It would be like a defense lawyer guaranteeing that the jury will find his client innocent. Guarantees are a sure sign of credit repair fraud.

If there are delinquent accounts appearing on your credit reports that have not been paid off, the actual debt behind the listing remains the same even if we delete the account from your credit report. You still owe the same money that you owed in the first place. If you don’t pay the debt, the creditor or collection agency could always re-report the item. So removing the listing without addressing the debt is only a temporary solution. So we encourage you to pay off your debt before we attempt to remove the negative item.

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 (FCRA). Credit report repair is as legal as pleading “not guilty” in a court of law. There was a Federal act recently passed into law called the Fair Credit Services Organization Act, which outlines the right to have a third party represent you during this process.

Since the Fair Credit Reporting Act does not require creditors to report information about you, many do not. That means positive information may not be reported. As long as the positive information is verified, it can be added to your credit report.

Under the Fair Credit Reporting Act, a credit reporting company may only disclose your credit report if someone is:

Granting credit, reviewing your account, or collecting on your account.
Reviewing you for employment purposes.
Reviewing your application for insurance.
Reviewing your eligibility for a license or government-related benefits.
Providing information for a business transaction, such as renting an apartment.
A court order.
An IRS subpoena.

The credit reporting agencies collect information based on individual social security numbers. Only by checking both the wife’s and husband’s credit reports can we ensure accuracy.

The banks, retail; stores, utility companies, etc. report your payment record to the credit reporting companies each month. The credit reporting companies then give that information to a second tier of regional reporting companies who sell it to retailers and banks or anyone who legitimately requests information about you.

Do not apply for credit during the restoration period. Each time you apply for credit, an inquiry is recorded on your record and too May inquiries may be a cause for denial of credit. You could also be verifying information that is being disputed.

Only the credit reporting agencies have the power to remove items from your credit report. But, as required by law, the credit bureaus must delete inaccurate, unverifiable, or outdated information.

Frequently! Some experts say that as many as 90% of credit reports contain errors! That is inaccurate, incomplete, or misleading information that can cost you the credit you deserve.

When you agree to accept credit from a bank, most retail stores, etc., or fill out an employment application – if a credit report is used as a background check – you give the creditor the right to provide information to any credit reporting company. Additional information about you comes from public records, such as court records, debt collection companies, and even the utility companies.

Today, the credit reporting system contains literally millions of computer files about individual consumers which are maintained by the three credit reporting companies. The files contain personal information about you – how much you owe, how you have paid your debts, your employer, your social security number, public records, etc.

No. Credit reporting companies are just that – companies. They are in the business to make money. They generate their income by selling credit reports to creditors.

Absolutely! Frequently, credit reports contain inaccurate, erroneous or obsolete entries. Under the law credit reporting companies must remove inaccurate, erroneous or obsolete information. By removing those items, your credit score will get better.

Bankruptcy and foreclosure information may be reported for ten years.

Negative credit listings appear on your credit report for no longer than seven years.

(Information about criminal convictions has no time limit.)—(Information about a lawsuit or an unpaid judgment against you can be reported for seven years or until the statute of limitations runs out, whichever is longer.)—(Credit information reported in response to an application for a ob with a salary of more the $75,000 has no time limit)—(U. S. Government insured or guaranteed student loans can be reported for seven years.)

Yes. If late payments, collection accounts, charge – off items, or any other inaccurate information is removed, your credit score (FICO) will ultimately increase.

This depends on the creditor. The creditor could report your credit as frequently as every month, quarter, or year. It usually depends on how frequently you are required to make your payments.

Credit files can contain personal information about you. This information typically falls into four different categories.

Identification and employment information: Your name, birth date, Social Security number, employer, and spouse’s name. Employment history, home ownership, income, and previous address.

Payment history: How much credit has been extended and whether you’ve paid on time. Referral of an overdue account to a collection agency.

Public record information: Events that are a matter of public record, such as bankruptcies, foreclosures, or tax liens, may appear in your report.

When you become delinquent on an account, the creditor will probably charge it off. This means that they have given up collecting on the debt and are writing it off their books as a loss.

Any and all items whether paid or not can be removed. It has been success in removing items ranging from collection, charge offs, credit cards and medical bills to bankruptcies, tax liens, and judgments. Virtually any item has the potential of being removed or corrected.

Simply put, it creates more work for them without a margin for profit. A person with bad credit has a seventy percent higher rate of inquires made on their credit report thereby increasing the profit potential for the credit bureaus that charge anywhere from nine to fifteen dollars per report.

No. Each of the three credit reporting agencies reports look different and may not contain the same information. Because of the cost involved, some creditors only report to one or two credit agencies. National creditors typically report to all three credit agencies. Therefore, each credit agency typically has different information regarding your credit accounts and payment history. The three credit agencies maintain their own databases and do not share their information.

Yes, you can repair your own credit, but, just like representing yourself in court, do you have the years of experience, time, resources, organizational savvy that Success Maps has, which is necessary to deal with the bureaus. Just like every other service that is needed in today’s economy, take it to a professional and let them do their job. By you attempting to repair your own credit, you could very well verify the information that you are trying to dispute. Once you do that neither we nor anyone else can take that off for up to 10 years.

Absolutely. We do remove items of public record such as bankruptcies and have done so for many of our past clients. This includes tax liens whether Federal or State as well as Civil Judgments. These are all considered items of public record.

Absolutely, and for many reasons. The obvious one being that a creditor has erroneously submitted it to a credit bureau. Many consumers’ credit reports are incomplete and inaccurate. By law, credit bureaus are obligated to remove erroneous account information in an expedient manner.

You would think that would be true. But, the credit reporting system just doesn’t work that way. Paying a collection account or charge – off usually will not erase these items from your credit report, though they will after full payment be reported as paid and have a zero balance.

You could start seeing results as early as 30 days, but it’s usually between 30 and 60 days.

With our assistance and document processing, our clients have had great success with bankruptcies, foreclosures, collections, charge-offs, repossessions, medical bills, credit card debt, inquiries, late payments, old addresses, judgments, tax liens and student loans.

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.

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.

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 70% of the negative items from a credit report.

Through our services, 93% of our clients see their credit score increase 10 points or more in the first 35 days. Over the full 180-day term, the average credit score increase is 80 points. See full statistical breakdown.

You are entitled to a 100% refund on all monthly payments if:

– You do not remove more than 25% of all the negatives worked on.
– You have not used a credit-consulting agency nor attempted to repair your credit two years previous to signing up for our services.
– You agree to send updated reports from the three credit bureaus to us within 3 days of receipt.

(Clients should receive updated credit reports every 15-45 days. It is the client’s responsibility to make us aware if updated reports have not been received).

We will guide you through the process from start to finish and prepare all your documents for you. We have a superb knowledge of credit scoring and experience working with creditors and credit bureaus. It may be difficult for an individual to communicate with creditors and bureaus without an adept understanding of their techniques and regulations in place for credit reporting. We have spent a great deal of time learning the laws that will help you to remove negative information on your report, which enables us to offer you a flawless, money back guarantee system.

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.

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.

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