Since creditors can't verify erroneous information, it's the best way to get rid
of negative items in your credit report that shouldn't be there.
The
number of negative items appearing on your credit reports will determine the duration of time that services will be needed.
Be very skeptical of companies that guarantee 100 %
removal of all negative items on your credit report, this is not normal for a true credit repair company.
Typically, the credit repair service organization sends out dispute letters to challenge the accuracy /
validity of negative items.
On an annual basis there are
millions of negative items disputed by consumers through credit repair service organizations and the exact effectiveness can not be determined.
They have successfully removed over 67 %
of negative items off of my credit report and have provided me with all the tools to help sustain my credit outstanding credit score.
This report shows that our customer has had 11 negative items deleted from all three credit bureaus, and they continue to work on the
rest of the negative items in his credit reports.
We utilize a unique process that includes the individual
analysis of each negative item on your credit report to guarantee the correct dispute action.
If you have a
lot of negative items left after going through the credit repair process, your score will be lower.
While the immediate
impact of negative items is evidenced by a significant drop in your credit score, they begin to carry less weigh as time goes on.
This means that we will work on Every Single Negative Item at once with All 3 Credit Agencies (rather than just a set number
of negative items per month).
The credit bureaus then have a 30 - day period in which they are able to either verify the
accuracy of those negative items and update the information or remove those negative items and update the consumer's credit reports.
Ok, if you're into a bit of pain then the question might be «If right now today, you knew, that 6 - 12 months ago IF you had gotten started with credit restoration and your scores were well up over 100 points and a
bunch of the negative items on your credit had been deleted, how hard would you be kicking yourself for not starting the process?»
At the start, the processor does some preliminary non-credit repair work, including compiling a
list of your negative items, and opting you out of the national opt - out registry.
We fix an unlimited
amount of negative items in your credit file with all 3 of the major credit agencies, for one flat fee.
This is a little bit if a grey area because a lot of credit repair companies have refund policies where if they don't delete a certain
number of negative items from your credit reports.
Credit Absolute will repair your credit by checking and crosschecking your credit report, finding these errors and using them to dispute the
validity of these negative items.
Our credit report repair services include, but are not limited to, unlimited
deletions of negative items, challenge of inquiries and duplicate personal information (other companies won't do this), unlimited communication with our paralegals (you will always talk to a live person, never a recording), original dispute letters (no generic plug - ins) and personal coaching to educate you in credit matters.
If you have a serious negative mark (such as a long overdue bill that has gone to collections), always negotiate a payment in exchange for
removal of the negative item.
While you may not remove your bankruptcy record from your credit report for seven or ten years, you can definitely start rebuilding your credit to minimize the
impact of the negative items on your credit report.
Yes, all
types of negative items, including bankruptcy and foreclosure, have been removed from thousands of credit reports.
Credit monitoring services also provide user - friendly charts displaying changes in the 1) number of delinquent accounts, 2) number
of negative items on the credit report, 3) number of recent credit applications, 4) outstanding balance on all accounts, and 5) FICO score.
Keep in mind we will be doing this for
all of the negative items on your reports right from the start.
Lexington Law claims that it removes 85 %
of negative items on credit reports, and has deleted 7.5 million items in the last year alone.
(Note: Keep in mind that they also can not contest
all of your negative items at one time, because it upsets the credit bureaus, and the credit repair companies need to maintain a good working relationship with the bureaus.)
The amount
of negative items that gets deleted from everyone's credit report can be very different because no two situations are the same.