Financial Credit Repair

Financial credit repair is the complete process of identifying potentially incorrect information in the credit report of a person, figuring out possibilities of disputing the same with credit reporting bureaus, submission of formal dispute and eventually getting such items removed from the individual’s credit report. At Big Credit Repair, the above explained process starts with the customer contacting us, either personally or over phone.

The first step in this process is identification of potentially incorrect and challengeable material. Our expert credit repair analyst would carefully examine the customer’s credit report and try to filter out all possible dispute items. A lot depends on this exercise and our credit experts, by virtue of their expertise can effectively gauge such details.

What we then do is prepare documentation. Our specialized documentation team takes care of every minute detail while drafting out dispute notices for the credit bureaus. Equifax, Experian and TransUnion are three such agencies in the United States who prepare credit ratings for all US citizens. We issue formal letters of dispute to all three bureaus (one at a time) and ask them to reply to our dispute, within four to six weeks. This letter also contains a demand for removal of disputed information from the credit report of the customer, in case of the credit rating bureaus’ failure to provide satisfactory and logical justification to the dispute raised by us.

The strength of our financial credit repair programs are that in almost ninety per cent cases, we succeed in getting a response from these rating agencies, within the specified timelines. This is not an easy task, considering the fact that not even half of our competitors even in spite of taking double the time which we take, are unable to get a response out from these bureaus.

Two key advantages that our credit repair programs enjoy over our competitors are discussed as follows:

1. Our operating speed – Save and except for complicated legal or bankruptcy filings, our credit repair programs would be resolved within a window of eight weeks. This includes completion of all formalities (i.e. removal of disputed information from the credit report of our customer). As compared to this, the normal time frame for completion of same activity is anything between three to six months.
2. Our percentage of resolved disputes – Disputes raised by us are usually agreed to and accepted by the credit rating agencies. In reality, this is not as simple as it appears. Credit rating agencies would not agree to disputed items unless the dispute logic is very strong. By virtue of our knowledge base, access to critical information and most importantly, our team of credit experts, our programs have success percentages, which are way ahead of competition.