Deleting bad credit is not as difficult as it sounds, in fact the truth is you can do it for yourself, but unless you know who to contact or exactly what to say to them, you probably won’t get very good results.
KNOW YOUR RIGHTS
You see in order to put something on your credit report your creditors must follow a law called the Fair Credit Reporting Act (F.C.R.A.). This law was passed in 1977 to protect your rights and make sure that all the information that is being reported to the credit bureaus about you is accurate and verifiable. If the creditors (G.M.A.C. or Macys for example) do not follow this law when they report negative information about you, they could be liable for a major lawsuit.
WHAT WE CAN DO
What we do is challenge these creditors to prove that they followed the law (F.C.R.A.) and protected your rights when reporting negative information about you. If they did not follow this law correctly (most of the time they don’t) then they must delete the negative items or face a lawsuit. None of these companies want to go to court because they know they are not reporting the information correctly. It doesn’t cost them anything to delete these items off your credit report but it could cost them thousands of dollars in court fees if they don’t.
Whether or not you really missed a payment on your loan, filed Bankruptcy, or had a Civil Judgment put on your credit isn’t an issue. What matters to the credit bureaus and to us is whether or not the information was reported according to the Fair Credit Reporting Act. If it wasn’t reported correctly then it must be removed, period.
Step 1: SEND US YOUR CREDIT REPORTS:
Our sales department will contact you to discuss your credit situation and repair needs. Next, your case manager will provide you with detailed instructions on how to obtain your credit reports from all three of the major credit bureaus. Once you obtain your credit reports, Credit Repair Shield will provide instructions on how to forward them to us. When we receive your credit reports we will examine each of the reports and present a custom “plan of action”.
Step 2: SELECT ITEMS TO DISPUTE:
Once your credit reports are received, our staff enters all the negative information into our databases. Next, your case manager will contact you to select your disputes. You will indicate which items you deem to be inaccurate, misleading, or unverifiable. (your company’s name) will dispute those items.
Step 3: UNLEASH THE “CREDIT HOUNDS”:
We begin the dispute process using our large number of credit report repair strategies and experience to challenge negative items directly with the credit reporting agencies. Depending on the number of negative items on your credit reports, this step will be repeated until all the items are removed.
Step 4: PUT YOUR FEET UP AND RELAX
The credit reporting agencies, by law, have 30 days to investigate your dispute. After this time, they must update your credit report and send a copy of your updated report to you. On average, it takes sixty days from the time we send the dispute/s and the time you receive an updated report. Once you receive a response, make a copy and send Credit Repair Shield the original. This cycle will repeat until all items are removed to your satisfaction.
