ABOUT OUR SERVICES
Following our Free Credit Repair Consultation (usually done via the phone in about 15 to 30 minutes) and your sign-up, we help you pull a 3-in-1 report together with all your scores on a monthly basis so that we can monitor your progress. Then, we will prepare the appropriate challenge letters and measures to take. Such letters are designed to communicate your dispute in such a way that the credit bureaus will accept the dispute and conduct an investigation. While this may sound easy, any person who has attempted to dispute his or her own credit may tell you otherwise.
According to Federal law, the credit bureaus can ignore your dispute under a variety of conditions unless the proper action is taken — that’s where our experience and knowledge can help. At the conclusion of the credit reporting agency’s investigation as well as the creditors who we contact directly too, changes will be made to your reports. You may or may not receive written notice of such changes. Any correspondence you do receive at your home should be forwarded to us for our review and action, if appropriate.
For an item to remain on your credit report, it must be 100% accurate and 100% verifiable. If the credit listing is only somewhat inaccurate, the credit bureau must simply change the item to reflect the accurate status. Very often, disputed credit items cannot be verified; the creditor either no longer possesses the information or does not wish to go to the trouble of verifying it. Also, the re-investigation must be completed within 30 days or the listing must be removed. For these reasons, properly disputed credit listings are removed with remarkable frequency.
There is nothing illegal about disputing items on your credit report although, the credit reporting agencies would like you to think differently. In fact, the Fair Credit Reporting Act (FCRA) gives you the legal right to dispute items on your credit report. The Fair Credit Billing Act (FCBA) allows consumers the right to request broad amounts of information regarding billing and payment history. The Fair Debt Collection Practices Act (FDCPA) gives you rights as a citizen regarding the behavior and duties of debt collectors. We are educated in the changing laws to fight for your legal rights.
Sometimes when a negative item is removed from your credit report, credit reporting agencies will eventually verify the item and it will reappear on your credit report again. The newly enacted FCRA requires the credit reporting agency to inform you before the item will show up again. The FCRA also makes it harder for credit reporting agencies to re-insert listings. Due to these facts it is rare to see a listing come back after it was deleted. If the item does show up again, we will simply challenge the listing again for a permanent deletion.
No. We will help you pull online a copy of your most recent 3 in 1 credit report from all three credit reporting agencies. In our FREE credit repair consultation we will review your report in detail so that you will know exactly what derogatory references are being reported and which are decreasing your credit score. Believe it or not, just one negative item on your credit report can have a huge impact for credit denial. If you believe you only have a couple of negative items on your credit, it will still make sense for you to seek out help and remove those items.
It may seem like paying off your old bills would be a good thing right? WRONG! You would think that to be true. However, the credit scoring system functions differently. When you pay an old debt, the negative credit listing doesn’t disappear. Once paid, it will appear on your credit report as a paid delinquency, charge off or collection. Even worse, the new activity on the account can hurt your credit score. You will not get very far paying your debts unless you also work to restore your credit report at the same time.
All of our clients have a different credit profile. You may see results within 45 days, but most reports take anywhere from 90 days to six months to be complete. Some may take up to a year depending on the severity. If you choose to stay on the program after six months, we deeply discount your future monthly fees.
Absolutely! You can fix your own transmission in your car, repair a broken tile in the shower, diagnose with a medical condition and play drums in a band. However, most people choose to allow a professional represent them because the professional understands the intricate details of the service. Another factor to consider is the amount of time and follow-up is required to coordinate disputes with all three credit reporting agencies and all of your creditors. Great American Credit Repair has systematized the dispute process of credit through a trained team and custom designed software package. With that said, we encourage consumers to dispute their own credit if they have the time and knowledge to do so.
If there are delinquent accounts appearing on your credit reports that have not been paid off, the actual debt behind the listing remains the same even if we delete the account from your credit report. You still owe the same money that you owed in the first place. If you don’t pay the debt, the creditor or collection agency could always re-report the item. So removing the listing without addressing the debt is only a temporary solution.