How long does this take?
90 to 180 days in most cases; sometimes a little less and sometimes a little more. Sometimes you will see great results in 45 days. What makes it take a little longer is either your customer doesn’t send his or her bureaus in or he or she is just the unlucky one.
How is this process legal?
It’s no different than pleading “not guilty” in a court of law.
Is it true that when you remove items from a credit report, it can pop right back on?
The way we do it, only 1 in about every 10,000 deletions will come back on, and all of those to date have been re-removed. The Fair Credit Reporting Act says that if the item is removed the second time, it can NEVER be put back on the report again.
How do Credit Bureaus make money?
They sell your information, such as name and address, to companies that solicit you in the way of phone calls and junk mail.
Do paying old debts repair your credit?
You think it would, but it just updates the information and could start the time line all over again. Also, it does not increase your score.
What is a Credit Bureau?
Credit bureaus track personal, financial and credit information on individuals. This includes information taken from public records, personal identification and debt information. With the exception of back child support payments, creditors supply information on a voluntary basis. Credit bureaus are strictly private 'for profit' entities, and are not government institutions.
How many are there?
There are 3 major credit bureaus: EQUIFAX, TRANS UNION and EXPERIAN
Why do Credit Bureaus not want me to use a Credit Repair Company?
The credit bureaus will tell you that it is easier and less expensive to do it yourself. While it may be true that you have the right to repair your credit yourself, many individuals do not have the time, experience and organizational savvy necessary to deal with bureaucracies. You must also spend hours of study to gain a working knowledge of the consumer laws available to you. Many who start repairing their credit turn to a credit repair company after months of work.
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