Got Questions?Common questions about credit repair
Q. How often are mistakes entered into my credit file?
A.Frequently! Some experts say a significant number of credit reports contain errors. These are inaccurate, erroneous, or obsolete information that can cost you the credit you deserve.
Q. How long does the credit repair process take?
A. It may take 3 to 12 months due to the credit reporting agencies’ continuing mistakes and delaying tactics.
Q. Can a hired third party demand that information be removed from a credit report which I have gotten from a merchant?
A. On your behalf, a hired third party can request that a credit reporting agency remove inaccurate, erroneous, or obsolete information from your credit report which can only be obtained by you directly from the three main credit reporting agencies.
Q. Should I apply for credit while in the restoration process?
A. Do not apply for credit during the restoration period. Each time you apply for credit, an inquiry is recorded on your record and too many inquiries can be a cause for denial of credit.
Q. Can I speed up the process by directly contacting the credit reporting agencies?
A. No, it is best to let your hired third party communicate with the credit reporting agencies on your behalf.
Q. I have been refused credit. Can I do something about it?
A. Absolutely! A significant number of Americans have some “blemish” on their credit reports. Frequently, credit reports contain inaccurate, erroneous or obsolete entries. Under the law the credit reporting companies must remove inaccurate, erroneous or obsolete information. You should check your credit report and see why you were, or may be, denied credit. You can do something to correct the mistakes and have your report corrected.
Q. Is it illegal or immoral to have your credit profile improved?
A. No. It is not illegal or immoral to eliminate mistakes on your credit reports. In fact, the Federal Government, under the Fair Credit Reporting Act, Section 1681e, protects your right to do so.
Q. How do the credit reporting agencies work?
A. The banks, retail stores, utility companies, etc. report your payment record to the credit reporting companies each month. The credit reporting companies then give that information to a second tier of regional reporting companies who sell it to retailers and banks or anyone who legitimately requests information about you.
Q. Why should I care what is in my credit file?
A. You’d better care. It is your credit report that creditors use to determine if they will extend credit to you. If you have inaccurate information on your report, you may be turned down for the loan you need or pay unnecessarily high interest rates.
Q. Does paying a past due debt remove the debt from your credit report?
A. Paying an old debt does not erase the fact that at one time you were not paying it as you agreed, but it is possible to update your payment history.
Q. How do I get my credit reports to Credit Builder USA?
A. You may mail them, fax them or deliver them in person. We can not request the credit reports be delivered to us directly.
Q. How will I know the results following the credit reporting agencies review of my file?
A. You will be the first to know because the credit reporting agencies will write directly to you. You must them forward all paperwork you receive from the Bureaus ti us as soon as possible.
Q. Wheir credit profile?hat is the definition of “clearing up” a consumer’s credit report or improving t
A. When you have inaccurate, erroneous and obsolete items identified and/or corrected on their credit report and go through the proper channels to provide a more accurate credit profile for both you and any new lenders. Clearing up Correct information is against what the Fair Credit Reporting Act is in place for. You should not attempt to clear up correct information. You should only dispute information that is believed to be inaccurate, obsolete, or erroneous.
Q. How is your service different or better than the current processes being offered by the various Credit Reporting Agencies?
A. The best analogy that we can offer is, if you have a tax problem, would you call the IRS or would you find and hire a qualified tax accountant? Most people do not have the time or the resources to fully understand the FCRA, nor do they want to. Using us ensures that you have received the proper information offered to them through the FCRA. The credit reporting agencies are advocates for their customers, financial and lending institutions, which by itself is not a bad thing. We are advocates for our customers, and their consumer rights.
OUR solutions
It's Simple.- Pick the service plan
- Receive an email with instructions on obtaining your credit report
- Call and speak to your counslor
- We start the repair process
- Receive updated reports
- Watch your score go up!
- ITS EASY!
- Super Easy On-Line Sign Up
- All Major Credit Cards & Debit Cards Accepted
- Cancel Anytime.
- No Pre-Set Obligation!
We follow these guidelines
Fair Debt Collection Practices Act