FAQ
What is a credit score?
Your credit score is a number that is calculated based on your credit history, such as credit cards, loans, and mortgage history that is used to predict the likelihood that you will default on a debt. Your credit score can be between 330 – 850.
What is the Fair Credit Reporting Act and why was it created?
Enacted in 1970 by the United States Federal Government (15 U.S.C. § 1681), this legislation is meant to protect consumers and make sure their information reporting to credit reporting agencies is private, accurate, and fair.
What are the three credit bureaus?
The three central credit reporting agencies are Equifax, Transunion, and Experian.
Why do I need reports from all three credit bureaus?
Each credit bureau has access to different information. As a result, different information creates different scores. The advantage of a 3-bureau report is readily identifying discrepancies: just because you don’t have a collection on one report doesn’t mean it doesn’t exist if another bureau is reporting that collection.
If you remove an item from my credit report, does it eliminate the debt?
No, but if it is past the statute of limitations for the creditor to file a lawsuit, it will be much harder for them to try to collect it from you.
When is the best time to start your service?
Yesterday! That answer entirely depends on your personal goals. Whatever your credit and financial goals are, it’s important to remember that credit repair is not an overnight “quick-fix” and takes time. Many people can start to see an increase in their score in as little as 30 days but the process of going from bad credit to good credit typically takes much longer. Your score didn’t get bad overnight, and it doesn’t improve that way either.
Can't I do this myself? Why should I hire someone?
Yes. We can do a lot of things for ourselves. We can fix an open wound, repair an engine, or make Hollywood films on our own if we really wanted. But how many times are we better off letting a doctor, mechanic, or Hollywood director perform these services rather than ourselves? The world of credit, and by extension, debt, is complicated and vast, and everyone else has experts working on their side. Why wouldn’t you want an expert on your side?
Will credit repair work for me?
Yes. The number of negative items that get deleted from everyone’s credit report can be very different because no two situations are the same. If an item is not 100% Accurate, 100% Verifiable, and Timely, we will work diligently until we can help you get that item removed. In addition to working on the questionable items that may be on your credit report, everyone will benefit from the additional tried and proper tactics we will teach you to raise and maintain your credit score.