Understanding Your Options When Beginning The Credit Repair Process

Not sure where to begin with the credit repair process?  Start here by choosing which of these 4 options fit best with your situation:

First, take the time to understand the 3 laws that govern what the bureaus and creditors can do and your rights throughout the process.  These are the Federal Credit Reporting Act (FCRA), Credit Repair Organizations Act (CROA), and the Fair Debt Collection Practices Act (FDCPA).  Use standard dispute procedures to remove inaccurate trade lines from your credit report.  Your best chance of success with this method is by mailing dispute letters to the credit bureau in which the inaccuracy on your report was found.  Follow these recommendations to increase your chance of success. 

Settle your outstanding negative accounts with creditors and collectors for a complete deletion of negative information.  After that, get in the habit of paying off your credit card balances each month and never falling into delinquency with creditors.  PLEASE NOTE!  In many cases, paying collection accounts will lower your credit score.  For this reason, we can’t stress the importance of becoming educated on the law before beginning your credit repair journey.  What makes common sense doesn’t always make credit sense!

A personal advisor will review your credit profile to determine how our program will effectively increase your credit scores.  We work together throughout each step you need to take in order to maximize your score.  A credit report is like a finger print – it’s unique to everyone!  That’s why we recommend all clients to at the very least sign up for our free credit consultation.  In that consultation we speak to you specifically about the items on your credit report and how to best navigate the process.

If the credit bureaus violated the Fair Credit Reporting Act by not removing inaccurate information from your credit report, you can consult with an attorney regarding a possible lawsuit.