Credit Restoration the Old Fashioned Way

 

 

 KNOW YOUR RIGHTS!  IT IS THE LAW!

We coach you with the proper letters and legal loophole to help you restore your credit.  You get your credit report from a free site or your credit repair company.   We are not a credit repair company yet can guide you getting your report and coach on restoring your credit.

 

Instead of doing the whole credit restoration process we teach our clients to do it themselves!

We do it all for you. You just get our email reminder to print the enclosure and send the request and notice to lodge a law suit (4th letter).

We take the information from you credit reports from the three CRAs and then we email you the prefilled-out letters for you to mail to take things off.  All you do is noitorize and mail return receipt requested.

 

Why It Works

 

 Equifax, Experian, and TransUnion are the 3 main Credit Reporting Agencies or CRA's.  Learn their names – well if you don't know their names by now you will.  When you use a credit card or get a loan or do any type of credit transaction with a bank or credit card company this information is typically sent to the CRA's (Credit Reporting Agencies).  This information is placed into your credit report using your Social Security Number. You should understand that this type of reporting is all electronic.   There is no paperwork, it's all digital.  There is never a verification of any signed documents or contracts or anything.  Every month, without fail, banks and credit card companies send electronic files with details of your account to the CRA's.  The Credit Reporting Agencies

Agencies or bureaus place this information into your credit report without VERIFICATION.   No one is checking if this account is really yours.  No one is checking if the information is CORRECT.  No one is checking on the banks or creditors to make sure that they are doing the right thing. Interesting... Equifax, Experian and TransUnion believe the banks and credit card companies are reporting properly.  This could be true, but without verification no one is sure.  The U.S. Government realized this was a problem and so came about THE FAIR CREDIT REPORTING ACT (FCRA).  The FCRA is the law for CRA's.  This law is going to protect your rights as a citizen of the United States of America. The FCRA states the bureaus must verify all information that they get from banks, credit card companies, etc. before it's put into your credit report.  What the CRA's must have is the ORGINAL SIGNED DOCUMENT from when you opened your credit card or got your loan.   But since all that paperwork for millions of accounts would be impossible to verify, not to mention how expensive it would be to do so, no one is verifying accounts in this manner.  No verification of original signed contract document ever happens between CRA's and creditors.  If you ask to VERIFY, the information the bureaus will end an electronic communication to the creditor asking if the information is correct and the creditor will most likely say “Yes.”  But no one is looking at ORGINAL SIGNED CONTRACTS. No one knows this takes places (except for those in the know and you are now in the know). 

The CRA's are in violation of the FCRA but since people don't know their rights the Credit Reporting Agencies don't do anything about this. But now armed with this new information YOU will be able to help yourself.  Many of the adverse items on a credit report may in fact be true.  So, if you were to dispute the adverse items with a traditional dispute process most of those accounts will be “verified” and will stay on your credit report thus in turn keeping your FICO score down.

 

That is NOT what you are going to do.  Never dispute your credit reports online. The Fair Credit Reporting Act does not care whether the negative account is valid or not.  The letter disputes the CRA's right to REPORT the adverse account – NOT whether the adverse account is valid. These letters will request, under SECTION 609 of the Fair Credit Reporting Act, that the CRA's send you a copy of the original contract that you signed – that they are supposed to have.  If they are verifying the account as being valid/correct then they, by law, are supposed to have a copy of that contract to do so.  BUT THEY DON'T. And since they don't they can't provide you a copy nor can they legally verify the account.  Under the Fair Credit Reporting Act, they must provide you a copy if you request it.   Since they will not be able to provide you such a document the account will be UNVERIFIED and under Federal Law any UNVERIFIED accounts must be deleted.  Remember, your results will vary depending how many accounts you need to dispute and so forth and so on.  You may send 1 rounds of letters and get everything removed or it may take 4 rounds of letters to get everything removed.  It is important to keep going.  And to keep sending the letters.  Be prepared to go a few rounds of letter sending.

Don't be overwhelmed.  We prepare your letters to dispute your report for you.  Leave the busy work to us.