Here are some of the most Frequently Asked Questions about our service.
Absolutely! It is your legal right to dispute items on your credit report, and to work actively to obtain and keep good credit. We exercise your legal rights pursuant to the Fair Credit Reporting Act, the Fair Credit Billing Act, Truth in Lending Act, and Fair Debt Collection Practices Act, as well as other applicable Federal statutes.
We recommend you stay away from companies that recommend you attempt to obtain a new/alternate social security number, attempt to create a consumer credit profile using an EIN, or create “fake” credit profiles by intentionally reporting false data. These tactics are illegal and/or unethical and, if caught, can result in significant criminal prosecution to you for fraud.
Although some would like to have you think otherwise, there is absolutely nothing illegal about working to improve your credit report. In fact, it is your explicit right by law to do so.
With identity theft being the # 1 crime in the United States, credit bureaus will only send credit reports to the person they belong to. A company such as a bank, credit card, or loan company can pull your credit, but that counts as an inquiry, which brings your score down every time someone pulls your credit. By requesting your own credit report, you avoid the inquiries, and it doesn’t drop your score.
This really depends on you and the amount of time you’re willing to allocate toward repairing your credit.
Most of our clients spent time trying to repair their credit themselves before retaining us to do it for them. Effective credit repair involves much more than writing letters. Writing letters to dispute your credit report is easy. Getting results, however, can often be difficult, complex, and infuriating.
Remember that creditors routinely charge higher rates of interest to those with negative credit histories; so sloppy credit reporting may serve to maximize their profits in the long run. This can make the process of credit repair a difficult and frustrating experience for many consumers.
Restoring your own credit is like repairing your own transmission or representing yourself in court; you can certainly do it (and you have the right), but you must decide if you are willing to take the time and endure the possible frustration of doing it yourself.