FAQs About Credit Repair
Why Choose The Credit Fighters to Help Your Clients with Credit Repair vs. Other Companies?
With our extensive background, experience and expertise, we can help your clients with: Credit Education, Credit Repair and Rebuilding, and Debt Settlement. The majority of consumers do not know their credit rights and what they can do to improve their credit and raise their scores. There are several federal laws that govern credit repair, credit reporting, credit scoring, debt collections, and more. With the help of o ur attorney and our vast experience, we are very knowledgeable of these particular laws to help your clients to obtain better credit and raise their credit scores. The result of using our unique credit consulting and credit education system is that your clients will not only have better credit and higher credit scores; they will obtain the correct and factual information to help them for years to come. Other credit repair companies haphazardly delete accounts, ones in which they should have been corrected instead; drag the client out for approximately two years costing them way over a thousand dollars. More importantly, the majority of credit repair companies does not even know or understand the laws in order to answer clients’ questions or educate them. Knowledge and experience is extremely important in this line of work. You want to get the best results possible while not spend a lot of money to do so. This way they can obtain a new home, vehicles, new job/promotion or just have pride in having better credit.
Is Credit Repair Legal?
Yes, it is totally legal in all 50 states. By utilizing the federal law, the Fair Credit Reporting Act (FCRA) under section 611(a)(1)(A) and (5)(A)(i), the law states that a consumer has the right to have an accurate credit report. If anything on a credit report that is inaccurate, obsolete, duplicate, misleaading or unverifiable, then you can correct or delete ANYTHING on your credit reports including: bankruptcy, foreclosure, short sale, collection, charge-offs, late payments, tax liens, judgements, etc. By having these erroneous negative items deleted, your credit scores will improve. Keep in mind that by deleting an account on a credit report does not mean you do not owe that debt.
The federal laws that we use and abide by are:
- The Fair Credit Reporting Act
- The Fair Debt Collection Practices Act
- The Credit Repair Organizations Act
- The Fair Credit Billing Act
- The Fair and Accurate Transactions Act
- The Fair Credit Equal Opportunity Act
How fast can credit repair take to see results?
It all depends on how many negative inaccurate, obsolete, misleading or duplicate items are on your clients three credit reports. It also depends on the credit bureaus properly doing their job by heading the federal law, Fair Credit Reporting Act. Clients will usually see results from all 3 credit bureaus in as little as 35-45 days, but on average it takes 6 to 8 months to graduated from the program. We will pull a new credit report every 30 days to check your process. The credit bureaus may respond faster if they gather all of the information back from your creditors in a timely manner, which by law is no more than 30 days. Remember, credit repair is not a quick fix.
Is there any GUARANTEE with doing credit repair?
Although we cannot guarantee a certain outcome by federal law, we know that by utilizing the F.C.R.A., we can assist you in getting items corrected or deleted with an overall positive outcome in most cases. With our experience, we know that we can improve almost every credit report that we see that have inaccurate information. Some of the work may include: credit repair – disputing items that are inaccurate, obsolete, duplicate, misleading or unverifiable on the credit report, paying down good accounts, negotiating debts to a lower amount, raising limits on credit cards, closing too many credit card accounts or establishing new/good accounts if client does not have any credit or too little credit. We must follow all State and Federal Laws and will not deviate from them. If an item is not considered inaccurate, misleading, obsolete, duplicate or unverifiable, then we will not dispute the item on your credit report, If necessary, a client can cancel our services at any time in writing.
If I do not do credit repair, how long will negative information stay on my credit report?
The Credit Bureaus would like you to believe that all information stays for 7 – 10 years, regardless of anything you do. However, since credit repair is fully legal by the Fair Credit Reporting Act, the particular dispute process we use may DELETE these following accounts before this time frame. If you had the choice to wait it out for years or be proactive and clean up your credit reports, which one would you choose?
- Good credit – 10 years or longer
- Negative credit (late payments, collections, charge-offs, closed accounts, child supports, civil and small claim judgements paid tax liens) – 7 years from the date paid.
- Chapter 7, 11 and 12 Bankruptcy – 10 years.
- Chapter 13 Bankruptcy – 7 years.
- Unpaid tax liens – up to 15 years.
- Inquiries – 2 years.
How much will I have to pay?
Click Here to visit our page on pricing structure.
How will I get my credit report?
There are a few different ways we can do this. You can sign up for our credit monitoring services. Click Here to sign up. Smart Credit, which is a service that gives you access to all of your credit reports. You give the login information to us and we take it from there.
Is a 3 in 1 report better?
Yes, it allows you and us to see what all three of the major bureaus have reported in a single report.
Who qualifies for the family discount?
Anybody who lives in the same household can get the family plan. You do not have to be married. We only allow up to two people to receive the discount.
How will you share my information with?
Your personal information will not be shared with anybody. The only time information is shared would be with an affiliate partner who is a part of the dispute process. View our privacy policy.
Can I call if I have more questions?
Sure, call us (888)624.3426 or fill out our contact us form on the website and we will get back to you.
Can I get started now?
Yes, of course we would love to help you. Call us 888.624.3426 or fill out our get started form on our website and someone will be in contact with you within 24 hours.