Credit Rehabilitation Services Inc. does not charge any upfront fees. Consumers are billed after actual improvements or deletions have occured in the consumer's credit files. We will work on removing (1) item from (1) credit file for free.
Do you know that the current mortgage situation has made it almost impossible to obtain mortgage financing without a credit score of 720 or better? Furthermore with the with the downpayment requirement being 20% to 30%; a great percentage of consumers will never realize the american dream of owning their OWN home.
However we are here to offer hope to consumers who are serious about obtaining mortgage financing. The key to securing any type of financing in this current market, is to have a clean credit file and credit scores that would be acceptable to most lenders.
Do you know what information about you is in your credit file? Have you just been denied an apartment rental, an employment opportunity, a life insurance policy, a credit card, an auto loan, a mortgage (including re-financing), a credit line, a home equity loan, a timeshare purchase, a bank checking or savings account, a business loan, or cable tv service (unless you make an initial deposit), home furnishings or appliance purchases? or have you experienced any other situation where your credit file was reviewed and you were denied credit? We would like to inform you that you were denied because of something in your credit file.
First of all, It needs to be made clear that there is a difference between "credit repair" and what we call "Credit Rehabilitation." credit repair is something routinely done by credit repair agencies and others. It involves untruthfully denying truthful credit reporting information, creating multiple credit reporting files, using another person's Social Security Number, and other questionable, and quite frankly, fraudulent or illegal practices.
"Credit Rehabilitation" is the process of removing any untruthful information from a person's credit file and then deliberately placing good, new credit in the file, to create a "Rehabilitated" credit file.
There are two simple steps to clean up a person's credit file; first, any outdated, inaccurate, un-verifiable, misleading, or obsolete information should be removed. Second, new and good credit information should be placed in the credit file by effectively using your credit over a period of time. Once these two processes are complete, a person's credit file will be rehabilitated. Using these techniques, we have had people tell us that they qualified to purchase a home, with A-credit, in as little as 2 years after a bankruptcy filing!
This process cannot be done overnight; In fact, it can take as much as a year or two to complete the process.
Good Financial Planning is the beginning of ensuring Financial Stability in your everyday life and it also allows you to have Financial Independence so that credit never becomes an issue. “Credit Rehabilitation” can be intimidating and time consuming to some consumers, thus the need for our service. Unlike our competition, who promises to remove truthful negative information from a consumer's credit file, only to resort to using illegal tactics. We DO NOT MAKE SUCH PROMISES!.
The fair credit reporting act states that a credit reporting bureau; by law must report only information that is 100% accurate; and that a consumer has the right to dispute anything in their credit file that is not correct. Our area of specialization is in assisting consumers in identifying incorrect information in their credit file; and then assisting the consumer in having those items removed.
(Please note the following excerpt from the fair credit reporting act):
§ 611. Procedure in case of disputed accuracy [15 U.S.C. § 1681i]
(a) Re-investigations of disputed information.
(1) Reinvestigation required.
(A) In general. If the completeness or accuracy of any item of information contained in a consumer's file at a consumer reporting agency is disputed by the consumer and the consumer notifies the agency directly of such dispute, the agency shall re-investigate free of charge and record the current status of the disputed information, or delete the item from the file in accordance with paragraph (5), before the end of the 30-day period beginning on the date on which the agency receives the notice of the dispute from the consumer.
5) Treatment of inaccurate or un-verifiable information.
(A) In general. If, after any reinvestigation under paragraph (1) of any information disputed by a consumer, an item of the information is found to be inaccurate or incomplete or cannot be verified, the consumer reporting agency shall promptly delete that item of information from the consumer's file; or modify that item of information, as appropriate, based on the results of the reinvestigation.
We personally draft the dispute letters that make credit bureaus, collection agencies, and creditors comply with the fair credit reporting Act; as well as other federal laws applicable to their industry. This is not something you can get from a credit repair kit or credit repair software where you do it yourself. This is legal credit rehabilitation done by the book.
We will furnish you information on how and where to obtain copies (3) of your credit file, which will contain information about you, from the (3) major credit reporting agencies (Equifax, Experian, and Trans union). The file will be sent directly to you, and upon your receipt we will assist you (free of charge); in doing an item by item audit of your credit file for information that is not 100% correct. If there are items found that you want to dispute, we will offer our service to you; in-order to assist you in having those items in question removed from your credit file.
We have found that 98% of all creditors fail to comply with the hundreds of consumer protection remedies that are available under (The Fair Credit Reporting Act),(The Fair Debt Collections Practices Act), and (The Fair Credit Billing Act); thus violating numerous consumer rights. The audit is designed to identify information is not 100% correct, and information that is responsible for bringing your credit scores down. The next step in the process would be for us to draft the proper dispute letter(s) for submission to the credit reporting bureaus disputing the incorrect items. Although consumers have the right to dispute their own credit file if they have the time and knowledge to do so; It is important to note that according to federal law the credit bureaus can terminate a consumer's dispute under the following:
The Fair Credit Reporting Act:
[15 U.S.C. § 1681i] Paragraph (3) Section (A)
(3) Determination that dispute is frivolous or irrelevant.
(A) In general. Notwithstanding paragraph (1), a consumer reporting agency may terminate a reinvestigation of information disputed by a consumer under that paragraph if the agency reasonably determines that the dispute by the consumer is frivolous or irrelevant, including by reason of a failure by a consumer to provide sufficient information to investigate the disputed information.
We have learned that a large part of dispute letters that are drafted by consumers and sent directly from consumers to the credit reporting bureaus, are rejected for one reason or another.
The highly effective letters that we draft on behalf of consumers, have been proven over and over again to WORK in correcting incorrect items in credit files. These letters are drafted by us, and they are designed to make the credit remedies work for you the consumer.
When the credit bureau(s)receive the letter(s) from you the consumer, they are forced to TAKE ACTION and investigate the consumers dispute, or face serious consequences.
The time it takes to remove incorrect items from a credit file varies from case to case. It can take a minimum of 30 days; or it can take up to 2 years depending on what's in the file. Our clients have the advantage of our experience behind the letters we draft on their behalf; and the best part is that we work for you on a personal basis.
Even after you are satisfied with the work that we have done, we continue to offer advice and help you with new strategies for your future financial well being.
We handle a limited number of clients in-order to devote our full attention to every case on a personal basis. The results we achieve, can be very rewarding to you financially; and save you thousands of dollars in interest from credit cards or other loans. We work with you until your credit file(s) are “rehabilitated” to their utmost potential.
Do you need more proof that incorrect information might be listed in your credit file? please read below.
The July 2007 issue of Consumer Reports cited a study where more than 50% of the credit files checked contained errors. A more recent survey conducted by a US Public Interest Research Group found that two in four credit files contain serious errors. There are two main reasons errors may appear in a consumer's credit file. One is when you have been mistaken for another person with a similar name and their information ends up in your file. The other more serious cause of error is fraud. Someone may have intentionally gained access to your personal information and obtained credit in your name. Instances of identity theft are at record levels. If you have been turned down for any type of financing or a credit card; you were denied because of something in your credit file. Our question to you is was the information in your file correct?.
Note: (The items below are just a sample of the incorrect information that can be removed from a consumer's credit file; if the consumer is not responsible for them, or if the legal reporting time limit has expired).
Late Payments
Charge Offs
Foreclosures
Judgments
Re-possessions
Identification Theft
Closed Accounts
Bankruptcies
Negative Settlements
Liens and Collections
Why not start the process of having your credit file audited now!! Unlike our competitors who make bold claims that they can remove any type of "CORRECT" negative information from your credit file only to wind up being NON-PERFORMERS AND SCAMMERS; CRS. will GUARANTEE!! in writing that ALL incorrect, outdated, misleading, and un-verifiable, items in a consumers credit file can be LEGALLY removed never to appear AGAIN. Now please take a moment to review our proof of deletions links below.