Frequently Asked Questions
Is Credit Training legal?
Yes, credit training 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. Therefore most credit reports improve immediately. For items that disputed that are not errors, a creditor or furnisher is often unable to find the records or signed documents within the allotted time and the item gets removed. Sometimes the furnisher will say it has been verified by not offer proof. It is our job to prepare documents that challenge this and we are very skilled at that.
Is Credit Training and Education worth my time and money?
Contrary to what credit bureaus want you to believe, credit training does work in most circumstances. But it only works if you are getting the best advice from an experienced professional. Anyone with a credit score below 720 can benefit long-term from the advice and information provided through credit education. However, there are limiting factors that will prevent us from helping you. Two main factors are: (1) your financial situation and/or (2) the time frame in which you need to reach your results. It is possible to remove anything from a credit report, even accurate items. For instance, if the creditor makes mistakes or does not adhere to the specific time frame, the negative item may be removed.
What can I expect when I enroll in Credit Education?
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. We have spent a great deal of time learning the laws that will help you to remove negative information on your report, which enables us to offer you a flawless, money back guarantee system.
What is your 100% Guarantee?
You are entitled to a 100% refund on all monthly payments if:
– You do not remove more than 25% of all the negatives worked on.
– You have had six months from the time you retain our services.
– You have at least four negatives on the credit report at the time of sign-up.
– You have not used a credit-consulting agency nor attempted to repair your credit two years previous to signing up for our services.
– You agree to send updated reports from the three credit bureaus to us within 5 days of receipt.
(Clients should receive updated credit reports every 15-45 days. It is the client’s responsibility to make us aware if updated reports have not been received).
How long will it take to ENHANCE my score?
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. See full statistical breakdown.
Why are your results different?
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.
Will the removed items come back?
Items cannot come back as long as the item is current or paid at the time of removal or if the collection is older than three years. This holds true except in very rare circumstances.
What items can CONSULT WITH me to remove and improve?
With our assistance and enhancement services, our clients have had great success with bankruptcies, foreclosures, collections, charge-offs, repossessions, medical bills, credit card debt, inquiries, late payments, old addresses, judgments, tax liens and student loans.
What is the first step I should take?
First, fill out the OnBoarding Form and Credit Report Questionnaire. This way, our firm can collect your contact information and understand what is on your Credit Report.
What do you mean “Allow Credit to heal”?
When our Firm assists you with your Credit Report to remove inaccurate negative and derogatory information, we like to allow 4 or 5 days for all of the Creditors, Credit Bureaus, Secondary Bureaus and Data Furnishers to update the information that has been removed in their Internal System. That way, we can ensure there will be no hiccups or speed bumps when assisting you with your funding. In some cases, it may show that the negative information has been removed from your Credit Report. But, a Creditor or Data Furnisher may take a few days to update the information in their internal system.
How long does it take for Negative and Derogatory information to be removed from a Credit Report?
Although we cannot give you an exact date when the information will be removed, we can assure that the Credit Bureaus have 30-45 days to review the information.
Is there any way I can see when I will get the results? Even though you cannot tell me when I can get results?
Yes! When you login to your Experian, Equifax, or TransUnion account and go to your notification center. It will display the exact date the review process will be completed.
What if the information that was submitted is returned as verified and updated? Does this mean the account or derogatory cannot be removed?
No! Even though the submitted information comes back Verified and Updated, it does not mean it cannot be removed. Since we upload all documentation electronically, our firm can see your results in real time. If the information is verified and updated, our firm will incorporate additional strategies to remove the account or derogatory information from your credit report.
What should I do if I spoke to a Collection Agency that wants me to pay a debt I owe? Does this mean I have to pay them?
No! In most cases, the Collection Agency cannot verify you are the individual that they have contacted even if you answer the phone. Even If you have validated the debt and taken responsibility. If you have validated a debt or assumed responsibility, don’t hesitate to get in touch with Our Firm.
What do you mean, you “Upload” all Documentation Electronically?
Mailing information to the three major Credit Bureaus takes an extensive amount of time. To save time and provide you with faster results, Our Firm Uploads all of the documentation used to remove negative information from your report directly through Metro 2 and E-Oscar. An online software service used by the three major Credit Bureaus to communicate with Creditors, Secondary Data Furnishers, and Collection Agencies. By submitting directly through Experian, Equifax, and TransUnions portal, we can cut out 7, 8, or even 9 days out of the 30-45 day review process.
How long does it take for the three major Credit Bureaus to review the documents you upload electronically?
The three major Credit Bureaus have 30-45 days to review the information that is uploaded electronically under the FCRA and FDCPA. In most cases, the review process takes approx. 30 days. However, the three major Credit Bureaus are allowed an additional 15 days to perform an re-investigation of information.
What is the FCRA and FDCPA? What does it mean to me?
The FCRA (Fair Credit Reporting Act) Is a government regulation and set of laws that mandates and regulates all Credit Bureaus, Secondary Data Furnishers, Creditors and Collection Agencies. The FCRA outlines the laws and regulations that must be followed to comply with your rights as a Consumer. The FDCA (Fair Debt Collection Practices Act) is a government regulation that mandates and regulates all Collection Agencies. The FDCPA outlines how Debt Collection Agencies must contact you and how your information must be reported on your Credit Report.
What if a Creditor, Secondary Bureau, Data Furnisher, or Collection Agency violates my rights?
If you find that your rights have been violated as a consumer, you have the right to seek arbitration. Please contact Our Firm if you believe your rights have been violated.