The Case Against Credit Repair
When my wife and I moved into our house in 2005, we were by far the youngest in the neighborhood. My neighbors are pretty cool, though. Two of them were WW2 vets. The neighbor to my right is Mr. Handyman. They’re a great bunch who like to have BBQ’s and invite us over. During one…
The Customer is Always Wrong
A client calls and immediately tells me she just needs “x and x” removed. Our standard procedures are to always take a look and audit a credit report before giving any actual advice. But she was so confident that I almost didn’t push. Then I noticed that her loan officer had already sent us both…
The Problem With Our Credit Repair Services
There’s a problem with our credit repair services. I’ll explain… Just the other day I had a client email me that she was very upset and canceling services for both herself and her husband. She was a referral from a loan officer. She wants to buy a house and has nothing but derogatory information on…
Why Your Creditors LOVE Bad Credit
Creditors in the credit equation are known as Data Furnishers. They are the agencies who offer financing to consumers, then report the pay histories back to the credit reporting agencies or the credit bureaus. Some other personal information is also given by creditors, including consumers’ names, date of birth, social security number, address, prior addresses,…
How to Remove Credit Inquiries
If credit inquiries are a source of frustration to you, then you’re in the right place. The section on your credit report called “Credit Inquiries” lists the creditors and companies that have pulled your credit report in the last 2 years. There are two types of inquires: Hard and Soft. A soft inquiry is the…
Why The Credit Bureaus LOVE Bad Credit
Your credit profile is made up of data collected by creditors, then reported to the credit bureaus. The bureaus then make a profit by selling this data in reports, leads, and other methods to creditors for the purpose of issuing new credit or soliciting you for credit. For example, when a creditor, such as CHASE,…
Boost Your Credit Score Without Credit Repair
You’re about to learn a little known, highly effective, and thoroughly proven strategy I have used to help literally thousands of my credit repair clients to dramatically boost their credit scores almost overnight. I have personally helped thousands of hard working Americans just like you get the credit scores they deserve and get back on…
When (And When Not) To Settle Collections
In most circumstances it is important to pay or settle unpaid collections because not doing so can lead to a lawsuit or a collection agency selling the collection to other agencies when the debt REMAINS unpaid, which adds additional negative collections to your credit report. Knowing how much to pay or not pay can be…
How to Remove A Late Payment from Your Credit Report
A 30 day late on your credit report can lower your score by as much as 100 points. In this brief video you’ll watch me remove a 30 day late from a credit report in real time. Lenders often make accounting and reporting mistakes. Don’t let their mistakes cost you money. Knowing what to say…
Is Credit Repair Legal?
In a recent study, it was found that over 80% of credit reports across the United States contained serious inaccuracies, such as wrong social security numbers, collections or charge-offs that do not belong to consumers, and late payments that never occurred. Under the Fair Credit Reporting Act (FCRA) you have a right to dispute inaccurate…
