Credit Repair Online

Frequently Asked Questions

How Do You Legally Restore Bad Credit? The FCRA (Fair Credit Reporting Act) was designed to protect your credit rights, and installed to hold creditors and credit bureaus legally responsible for backing all claims they make against you.

Both the Fair Credit Reporting Act and the Fair Debts Collection Practices Act have been put in place to protect consumers. The FCRA alone allows you to challenge accuracy, validity, and timeliness of any negative item on your credit report. Federal law allows a response time of thirty days for the bureaus to provide documentation to back their claim. If they do not provide proper evidence, the negative information must be removed.

Creditors and credit reporting agencies are legally required to follow these guidelines. Because of the millions of people the bureaus are required to keep track of, it's common for the bureaus to violate at least one of the hundreds of sections of federal law. In violating any section of federal law, the bureaus and creditors are required to remove the negative item from your credit report. The fact is, credit bureaus do not verify information before placing it on your reports, this alone could result in 40% of your credit report being inaccurate in one way of another.

The FCRA states that all information on a credit report must be accurate, timely and most importantly, verifiable in order for it to remain on your report. Very often, though, disputed items cannot be verified. The creditor either no longer has the information or does not wish to go to the trouble to verify it. The bureaus and creditors are given 30 days to provide documented evidence to verify the negative information on your report. For these reasons, properly disputed credit listings are removed with remarkable frequency. Each time an investigation is commenced, the odds of receiving a particular deletion increases. What we have found is that the bureaus seldom take the time or spend the money to verify one item for one person.

There are hundreds of guidelines both creditors and credit bureaus are required to follow in order to legally report any negative credit information about you. The fact of the matter is, both the credit bureaus and creditors very seldom hold their end of the bargain.

How long does information remain on my report?

A credit bureau is a commercial business that makes money by selling your credit report to others. A person with bad credit creates more business for the bureaus because people with bad credit apply for credit about 10 times more than a person with good credit.

Who are the credit Bereaus?

Trans Union
Consumer Relations
P.O. Box 1000
2 Baldwin Place
Chester, PA 19022
(800) 888-4213

Experian
P.O. Box 2002
Allen, TX 75013-3742
(888) 397-3742

Equifax
P.O. Box 740241
Atlanta, GA 30374-0241
(800) 685-1111

Does paying off my bills repair my credit?

You would think paying off your bills would repair your credit, but, the credit reporting system just doesn't work that way. When you pay an old debt that was past due or had derogatory information reported to it, the negative information does not disappear. In fact, it re-ages and the 7 year clock begins again with that negative listing. The most ironic thing is that a paid, current negative listing is not much better than an unpaid negative listing.

What if deleted items reappear on my credit report?

On occasion, a negative listing that was recently deleted will eventually be verified by the creditor. The Fair Credit Reporting Act requires that the credit bureau inform you of reinstatement of a previously deleted item. The FCRA also makes it more difficult for credit bureaus to re-report listings. Because of these factors, it is fairly rare for listings to come back on your credit report, once they've been deleted. If an item is re-reported, it a simple matter of challenging the listing again at a future time in order to press for permanent deletion.

Can you guarantee that a specific item will be removed?

It would be illegal for us to guarantee a specific result for our service. It would be like an attorney offering his/her clients a guarantee that they would be released on all charges in a court of law.

Why does it take 3-6 months to repair my credit?

Some people have more negative information on their credit reports than others in addition, the credit reporting agencies have 30 days to respond to each dispute. The only way that the credit reporting agencies would not have to reinvestigate a disputed item is if they consider the dispute as frivolous or irrelevant. Because of this we cycle the disputes a few at a time over several months so as not to appear frivolous.

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Your credit report is your lifeline to your financial future since it shows your financial history. A credit report contains your personal information including name, address, phone number, social security number, place of employment and marital status

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