Today, I will cover how to do 'rapid rescore' (Credit Repair) for free.
Average turnaround time is about 3business days.
Transunion's call center has a department called the 'mortgage pending department'. It's very important to know that this department is for mortgages only, and not other types of transactions. The borrower will first need to apply for a mortgage before calling Transunion. Transunion will see the 'credit inquiry' from the mortgage lender, and proceed with the call. They will ask for closing date, broker's company, loan officer's name, and phone numbers. Make sure you have this in front of you before you call!
Once you speak to a live agent, you will need to explain to them that you have a mortgage closing within X amount of days. Ask the live agent to be transferred to the 'mortgage pending department'. Remember that not ever call center has a mortgage pending department. If this happens, the live agent will tell you to hang up and call again. Otherwise, they will transfer you to the 'mortgage pending department'. This department will go ahead and ask you a series of questions. Basically, why are you disputing this item, who told you about us, when is your closing, etc.
Make sure to say that 'the mortgage lender told you about the department'! Doing this type of credit repairing is quicker, and no cost to your borrowers.
Equifax's live agents are able to handle these requests without being transferred. They call it the 'expedited process'.
Make sure that you sound URGENT and/or DEMANDING on the phone. If you dont care about it being done neither will the agent.
*Make sure to read other posts to learn about Self Credit Repair.
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