Have Any Questions?

FAQ's

These are a few of the most commonly asked questions we receive.  We want to educate our clients on exactly what services we will be performing for them.  Always feel free to call or e-mail us if you have any questions or concerns about our services. 

The majority of people understand the basics, like how failing to make a payment will cause your score to go down, but there are a number of complexities that trip up the average consumer. If you pay your debts on time, don’t carry too much debt on any one card, don’t close older accounts unless absolutely necessary and only apply for new credit when you have to you will generally be in good shape. However, it is important to keep yourself informed so you can maintain a credit score that accurately reflects your consumer status. Lenders use your credit report in order to judge your reliability as a loan candidate. Your credit report indicates your ability to handle debt responsibly and will help banks decide if you are a desirable loan customer. A high credit score can help you lock in low APR rates or secure special deals on loans. A bad credit report may prevent you from securing loans and can damage your ability to buy a car, open a credit card or rent a home. A history of inability to manage your credit successfully will make lenders uncomfortable about trusting you with additional funds in the future. You are entitled to a free copy of your credit report once a year, an offer you should take advantage of. When you do receive your credit report, check to ensure the figures are accurate and act quickly to correct any mistakes. This may include any clerical errors, identity theft issues or incorrect information. If your credit score is low, you should begin working on a financial rehabilitation plan, either on your own or with a certified debt counselor, to begin correcting your bad debt habits.
Yes you can do your own credit repair process, but like most professional services, we have knowledge and processes that get you the best results fastest!
A low credit score hurts your ability to get loans, and raises the cost of credit when you can get it. Credit scores are also used for insurance rates, renting and even employment. A poor credit score can cost you hundreds of thousands of dollars over your life. Enter in a FICO score and a Loan Principal below to see how much a poor FICO score can cost you on just your mortgage. If you are a home owner or looking to buy, raising your FICO score is the most important thing for you to do. A better score not only means lower payments, but can mean a bigger house, the chance to take out more money on a re-fi, or even the difference between being able to buy.
The credit repair process includes sending out dispute letters to all of the credit bureaus and requesting validation within 30 days. If there is no response in that time-frame, then you item will be removed automatically. We can also dispute items tha have errors in the documentation, account numbers and your personal information. Once all the disputable items are removed, we will provide insight on how to build new credit and maintain that good credit for years to come.
Generally speaking you should see results in 60-90 days time. Some items may take longer than that, but once you have a few items removed from your credit report, any positive credit added, will grow you score faster. If you want to find out what we can do for you, please get in touch with us and we can discuss your individual case and provide some better insight.
After you have signed up with us, we will require your Drivers License, Copy of your Social Security Card and a utility bill that has your name and address on it.
You can find out though your credit card provider, which date they report your balances to the Credit Bureaus. Make sure you pay down as much as you can right before that reporting date to get the best report for that month.
While there is no set number, a good baseline is to have about 5 different credit cards. The key is how you manage your credit responsibility by making payments on-time and keeping your balances low, while still using those cards each month.
It is ideal to keep all of your credit cards balances under 30%. If you are able to keep them even lower than that, it will drastically help you improve your scores. You must continue to use your credit cards each month, making small purchases on each to show you are using your credit responsibly.

We comply with the Federal Trade Commission, State, and Local government regulations and the Credit Repair Organization Act, in that we cannot, by law, guarantee a specific outcome or result. However, we do promise to legally do everything possible on your behalf to restore your good credit.

Yes, credit repair is legal and our credit education and document processing services will help you to use the law in your favor. That law is called “The Fair Credit Reporting Act.” The FCRA gives you the right to dispute any item on your credit report. If that item cannot be verified within a reasonable time (usually 30 days) it must be removed. Studies have shown that 79% of all credit reports contain errors. This is nearly 8 out of 10 reports.

​Through our services, 93% of our clients see their credit score increase 10 points or more in the first 35 days. Over the full 180-day term of the contract, the average credit score increase is 80 points.

We will guide you through the process from start to finish and prepare all your documents for you. We have a superb knowledge of credit scoring and experience working with creditors and credit bureaus. It may be difficult for an individual to communicate with creditors and bureaus without an adept understanding of their techniques and regulations in place for credit reporting. 

There are two sides to the credit score battle. Sometimes, the creditors and the credit bureaus have done absolutely everything right and we have no case against them. On average, clients are able to remove 70% of the negative items from a credit report.

The word “tradeline” is really just industry jargon for a much simpler term: account. A tradeline is a credit account. The reason it’s beneficial to add tradelines is that they essentially act as references for your credit score. Just like when you’re applying for a new job or an apartment, having multiple positive references has a beneficial impact on you.

An authorized user trade-line is a revolving major credit card line where the credit card holder allows someone else to “piggyback” off of their good credit by adding them as an authorized user of that account. By doing so, this account will then show up on the authorized user or piggybacker’s credit report and give them the FICO scoring benefit of that account. Accounts that are a minimum of 3 years old, have perfect payment history, and less than 10% of the available credit being utilized give the maximum score benefit and in many cases can increase a qualified authorized user’s credit score as much as 30 to 60 points per tradeline.

Your credit score is a numerical calculation of your credit worthiness. When you purchase items or borrow money using credit, your lender sends details of the account and your payment history to the three credit bureaus: TransUnion, Experian and Equifax. Your information is then put into a complex formula to determine your FICO score, and that score represents your level of credit risk to new lenders when you apply for credit. The higher your score, the lower risk you represent and the higher your chances are for loan approval and preferred interest rates.
Your credit score is broken down into the following factors:

 

  • 35% of your score is based on your payment history
  • 30% of your score is based on your debt ratio, which is how much of your current available credit you are using.
  • 15% of your score is based on the length of your credit history
  • 10% of your score is based on new credit
  • 10% of your score is based on the variety of the types of credit that you use (ie, revolving, installment, etc).

When you add an authorized user tradeline to your credit report, you are adding positive payment history, length of time you have established credit, and showing responsible use of credit by having an account with a low debt ratio. These are the factors that contribute to the 30 to 60 points average increase that we see with qualified authorized users.

You might notice that we use the words “qualified authorized user” when we talk about the specifics of how much your credit score can increase. While this program can work in many situations, it is not for everyone. There are a couple of important factors that must be taken into consideration when determining whether or not you are an ideal candidate for this program. The most important factor that we look at is your last 2 years of credit history. If you have no negative items such as late payments, charge off’s, repossessions, or liens that have reported as new delinquencies within the past 2 years, you can typically expect to see the higher end of a credit score increase. This is not to say that if you have had a few challenges in the past couple of years that you will not see an increase in your score, but it will be considered more of a gamble and it is possible that you will see less of a score increase than you had hoped. It is rare that we have seen someone not get any increase at all by adding one of our lines, but it can happen that the increase given is not enough to meet the specific goals of the user. Our credit experts are available to consult with you on your individual situation and to provide you with all the tools you need to be able to determine your own level of success vs. risk using our program.

Once we receive your agreement back, our standard processing time is between 6 and 8 weeks for the tradeline to show on your credit report. Once the tradeline has reported, you will immediately see your associated credit score increase. If you have a specific deadline and need to ensure that your line reports more quickly, we offer an expedited service for a 25% up-charge that will guarantee that the line is put onto your credit within 30 days.

It is important to note that authorized user tradelines are a temporary solution. While the average time a tradeline will stay on your credit report is between 3 and 6 months, we recommend that you be ready to apply for your immediate credit goals right away. In the very unlikely case that the line falls off of your credit within the first 60 days, we will replace it at no charge, but it is in your best interest to be ready to use your credit right away when the tradeline posts.

The most common reason that an account doesn’t show on a credit report is a fraud alert or hold. Credit bureaus offer a service that will place a lock on your credit report so that nothing new can show up. This service can be requested by you the consumer, or if you or another agent have been working on your credit and they begin to see a lot of disputes come across on your report, the bureau can put the fraud alert on your report without notifying you. When we confirm your tradeline order, we will send you the best phone numbers to speak with a live person (not a frustrating automated line) who can confirm that you don’t have any fraud holds. If you do, in most cases it can be removed in 2 minutes on the same phone call. Having a fraud hold is not a big deal and won’t prevent us from getting your order started, but you will want to make sure that you have it removed within a week or two after signing up with us until you see the line on your report.

Other more rare factors that can delay your order are things like clerical errors, either on the credit card company or the bureau’s end. Also, when you fill out your order form, you want to make sure you carefully double check all the information, having a mis-spelling in your name or a number off on your Social Security Number can make it so that the line never posts, and while we will always replace it regardless of if it was your error, it will of course cause additional delay that can push your timeline outside of your original goals.