New Credit Repair

There has been an alarming rate of increase in people with bad credit over past few months. If you happen to be one among them, it’s time you get your credit repaired at the earliest.

What are the implications of bad credit report?

If you have a bad credit report and you don’t take measures to get the credit repaired, then it could lead to following consequences:

1 You will be denied loan or credit card.

2 If your loan is sanctioned, you will pay a handsome interest.

3 People will think twice before dealing with you.

4 The items in the bad credit report will follow you for 7 years.

What happens if I repair the credit and get a new credit report?

When you take active steps to streamline your credit score, by taking service of a credit repair firm:

1 The negative items appearing in your credit report will be erased by lawful means.

2 Your credit score and your credibility will improve.

3 You can easily get a loan or a credit card at a lower rate of interest.

4 Your credibility will improve and people will readily deal with you.

How can I get myself a new credit report?

First, ask for your credit report from all the 3 credit rating bureaus. Collect the related documents and fix an appointment with our experts for a free consultation.

Our expert will study all the 3 reports and your financial papers and will ascertain the action to be taken.

You can now decide, if you want to continue with our services. If you decide so, then, an agreement will be entered between you and our firm.

What will the agreement contain?

The agreement will list out all your rights including right to cancel the contract with in 3 business days, the amount of fees charged, the approximate time by when your credit will be repaired.

What will the credit repair firm do?

Our experts will review the credit reports from all the 3 credit bureaus. It is likely that the reports vary from one another, since the bureaus don’t exchange data amongst themselves.

There are chances that the report may contain some errors or information in the report. This is because the bureaus do not verify information before mentioning it in the report. The bureaus will mention all those items as reported by your creditors.

Our experts will find out such errors in the report and mark them to all the 3 bureaus, with a letter asking the bureaus to remove such errors from the report. The bureau will try to verify the information. If they are unable to do so within 30 days, they will remove such items from your report and issue a new credit report to you and furnish a copy of the new report to all those who had enquired regarding your credit rating in past one year.

Thus, you will get a new credit report with in 4 to 6 months.