What is a Credit Bureau and how does it
How many Credit Bureaus are there?
How many Credit Bureaus are important to my
How long can Credit Bureaus report information about
Do Credit Bureaus make mistakes?
Why do Credit Bureaus tell me not to use a Credit Repair
How long would it take me to repair my own
How long would it take for a Credit Repair Company to
repair my credit?
Can I get credit cards while I am repairing my
What can I do if I have no credit at all (good or
How does a Credit Bureau make money?
Why can't I get the Credit Bureaus to remove erroneous
Who can see my credit report?
Why should I use a Credit Repair
What do I need to get started with a service your company
What is a Credit
Bureau and How does it work?
Bureau is a reporting system that has literally a library
information about you. The credit report
records show information
about your debts,
personal identification, public records and any
relevant credit data. There are no requirements for a
to report information about you nor for a
credit bureau to report in-
formation about you
except, back child support payments. All in-
that is reported is voluntary in all respect. Credit
are not Governmental nor Congressional they
are a for profit business.
They make millions
of dollars simply reporting consumer credit
How many Credit
Bureaus are there?
hundreds of credit bureaus that report credit for
states. Most are sub-stations of
the 3 Major Credit Bureaus:
EQUIFAX TRANS UNION EXPERIAN (formally known as
How many Credit
Bureaus are important to
my creditors or
major Credit Bureaus are the most important as these
feed information to the smaller credit bureaus that
located closest to you. When you ask for a copy of your
report it may come back with a name of a
credit bureau you do not
you read the fine print it will tell you who they are
with. When repairing a credit report, all 3 credit
have to be dealt with. Each credit
bureau is a third of your total credit history.
How long can a
Credit Bureau report
bureaus will report information about you for a period
7 years. For bankruptcy 10
years. Some states have
for paid liens and collections.
Do Credit Bureaus make
where you get your statistics from
will have a lot to do with
what percent the
credit bureaus make mistakes,
such as the
Attorney General: New York State estimate is that
1/3 of all reports have errors.
States Congress has estimated errors exist
in 1/2 of all reports.
3. Charles Given
Organization conducted a study in
which 90% of credit reports reviewed contained
4. Consumers Union 48% of all credit reports
credit system where even one minor mistake can cause you to
denied credit the statistic show that the
errors by credit bureaus are
alarmingly high. We
don't believe credit bureaus intentionally report
information, they are just reporting too much information
there is always human error in any business. Our
is that better precautions should be taken to
provide error free credit
Why don't Credit
Bureaus want me to
use a Credit Repair
reason we can find is that they say you can do your own credit
repair. You can! And have every right to repair your own credit reports.
The Credit Repair Course that we offer is EXCELLENT for teaching you
to do it yourself... For many it is the way to go-- for
others--? You can also
represent yourself in court cases, attempt to do your
own taxes, and
even fly jet planes. If you are not experience at it you may not come out
on top but you can do it.
Many individuals don't have the time and persistence mixed with
organizational skills to cut through all the red tape of
credit repair. We simply have the ability and the experience to do the
work for you. Credit repair is not an easy task you must know the laws
that have been enacted for you as a consumer and you
must do every
thing by the book. You must be careful not to get yourself in trouble
while trying to get out of trouble. Companies that sell do-it-yourself
repair kits and offer you no other choice or assistance are basically
telling you... you are on your own. Many Individuals have started out
doing their own credit repair and ended up using a full service company
after many months of work. There are also some negative connotations
about credit repair companies. There are some shady
ones out there,
but no more than any other type of business, just make sure you
choose a credit repair company you trust.
bad companies should not restrict you right to assistance. Make
sure you choose a company wisely. Make sure they do not want to change
your identity or offer you a new social security number. Make sure you feel
comfortable with your choice and above all if it sounds too good to be true,
How long will it
take me to repair my own credit?
on you. Once the process is successfully begun you
can often see results in
45 to 60 days. However,
you have familiarized yourself with
proper procedures so that your disputes
correcdtly submitted and have read the
Fair Credit Reporting Act (FCRA) to understand what your rights are.
You will need to learn how to format your letters to the bureaus and keep every-
thing organized. If you've never done this
before, seeing substantial successful
will vary but
could take anywhere from 6 months
to a year. It will be a learn as you go situation when
you start from scratch.
if you do not
provide the proper formatting and
The bureaus will often denote
your dispute as being "frivolous",
reject all disputes
and force you to start again
Knowledge is the power with this work.
How long would it
take for a Credit Repair
Company to repair
law, when a dispute is made, the credit bureau has 30 days to either
valid or remove it. So if
everything goes PERFECTLY for you and
everything on your report, it would
still require, at least, 45 days or
credit it not an overnight process.
But is an EFFECTIVE process.
government has given you rights, but
also given the creditors time and
allow them to protect there's.
giving an exact time frame is impossible because every credit
report carries different information and circumstances.
But in every event a
professional service is quicker because
they do this every day and
know the technicalities that
bureaus use to
slow you down, frustrate you,
force you start over again or
simply to stop altogether.
We get it right the first time, so that
you usually start seeing results
withing in 45 to 60 days.
Using a credit
repair service eliminates the time allotted for a learning curve
and formatting of letters, you don't have to organize anything nor
keep track of where you left off with the last dispute to each credit
bureau. In other words it is hassle free with minimal involvement.
the creditors inform you of the
results of the dispute, if it was deleted,
Great! If not? Make note
of it. When the total results are in, you
just see which blemishes, if any,
remain and then decide whether
your credit file is clean enough to
accomplish your objective.
Can I get credit
cards while repairing my credit?
realize that Inquiries are considered negative credit data,
your situation is such that an approval is likely, refrain from
Otherwise you are accomplishing nothing
other than adding more negative
data to your record.
If you are working on
your own credit
repair, don't apply for
credit until you
are about finished.
What can I do if I
have no credit at
all (good or
thing to do is, open any type of account, even a secured credit
Even a small balance that you pay ON TIME!
Do you have friend or
with good credit accounts? In most cases, you call that creditor and
added as an authorized user. As soon as you are put on the
your credit score reflects all the months or even years of timely
made by the account holder. I've seen this method
credit scores by up to 200 points in
How does a Credit
Bureau make money?
bureaus make money by reporting credit. If you have bad
you make them even more money
simply because you will apply for
credit about 10
times more than a person with good credit. Did you
know that the credit bureaus can sell your name without your
You are the one who has to write and
tell them not to sell your name!
Why can't I get the
Credit Bureaus to remove
information on my credit report?
reason is because credit bureaus are there to report credit
not revise it. It takes
man power and time for a credit bureau
verify negative disputed credit items.
They make money by reporting
credit not by helping you restore it. This does not mean
will not help you with your disputes, this
means they are not going to just
jump right up and
get you the results you want.
because doing so costs them money,
they will often use
any legal technicality at
their disposal to make it more difficult
for you to
accomplish your objective.
Who can see my credit
prospective creditor, employer, government official,
companies, collectors, some one considering
you for a license or other
benefit, anyone wanting information for
business transaction between you and them
(i.e.) landlord. Basically,
anyone with a good
reason to see your credit report.
Why should I use a
Credit Repair Company?
individuals use credit repair companies because they have no time
to take on this time consuming job. Some because they just don't know
what their rights are and others because they have tried to do it alone
and could not get any results. If you fit one of these categories maybe
you do need assistance. You have to make that decision and if you
choose to use our services, we will give you the best assistance possible.
If we can't do it neither can anyone else. You have nothing to loose and
lot to gain. We have never failed to get positive results!
What do I need to
do to get prices and
information on your
You are never under any
obligation with our services we are here only if you want
So contact us any way you feel comfortable. Remember
there are millions of
people with credit
problems just like yours and each person has to
the decision to do something about it. Reports
show that over a million
file bankruptcy each and every year. This shows the
problems in the
Bankruptcy is not the end of the world,
in fact most people, with the proper
rebuild their credit status within
important links on how and why Credit
repair works see below.
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