MYTHS ABOUT CREDIT REPAIR MYTHS

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Services for Real Estate Pros with Credit Score Boost - USA Credit Solutions

Myth 1: Information on your credit report cannot be changed.

The Fair Credit Reporting Act requires information on your credit report to be changed if it is misleading, inaccurate, outdated or cannot be verified.

Myth 2: Credit bureaus are required by law to keep derogatory or negative items on your credit report for 7 to 10 years.

There is absolutely no requirement by law that the credit bureaus report anything about you at all. Credit bureaus are private companies for profit that make their income by collecting and selling your personal information.

Myth 3: Paying off your old debts will remove negative information on your credit report. Paying off old debts only changes the status of the account from “unpaid” to “paid”. Paying them off will not remove the account from the report, and in many cases it does not help increase your credit score either.

Myth 4: I can repair credit myself. Yes, you can. The challenge is that most people are not aware of their legal rights, or do not know the proper way to dispute an account and can end up causing more harm than good. It is possible to hurt your scores and credit report by trying to repair it on your own.

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Rainmaker
662,099
Patricia Aulson
BERKSHIRE HATHAWAY HOME SERVICES Verani Realty NH Real Estate - Exeter, NH
Realtor - Portsmouth NH Homes-Hampton NH Homes

Hmmm....interesting, every day lately there is something about repairing your credit report. Like everything, there is so much to look out for and then , knowing the right way to handle it. You evedently do this so I ask you Rob, how do I know you can repair credit and get the result that is needed?

 

Patricia Aulson/  Portsmouth NH Real Estate

Feb 24, 2009 09:56 AM #1
Rainmaker
662,099
Patricia Aulson
BERKSHIRE HATHAWAY HOME SERVICES Verani Realty NH Real Estate - Exeter, NH
Realtor - Portsmouth NH Homes-Hampton NH Homes

Also...what does it cost to repair any discrepancies on the report and how soon can it be cleared off the report? How do I know it's not just another way to get someone to pay you, or anyone else to repair this.What's the guarantee. I'm a sceptic!

 

Portsmouth NH Real Estate

Feb 24, 2009 10:04 AM #2
Rainmaker
662,099
Patricia Aulson
BERKSHIRE HATHAWAY HOME SERVICES Verani Realty NH Real Estate - Exeter, NH
Realtor - Portsmouth NH Homes-Hampton NH Homes

Also...what does it cost to repair any discrepancies on the report and how soon can it be cleared off the report? How do I know it's not just another way to get someone to pay you, or anyone else to repair this.What's the guarantee. I'm a sceptic!

 

Portsmouth NH Real Estate

Feb 24, 2009 10:06 AM #3
Rainer
2,756
Tony du Preez
RESE Realty Inc - Provo, UT

good info

Feb 24, 2009 10:46 AM #4
Rainmaker
55,230
Edward Gomez
Credit Score Boost - USA Credit Solutions - Affton, MO
Credit Score Boost USA

Hello Patricia, Thanks for commenting on my blog.

You asked "I ask you Rob, how do I know you can repair credit and get the result that is needed?" Well, Patricia, we do a free evaluation. 9X% of all credit reports have mis-repostings, inaccuracies, triple repostings, or laws that have been violated (for example the hip pa law).

Our attorneys utilize the laws to get the items permanently deleted legally.

2nd'lny you wanted to know the cost which is from $500-$750, depending on how many items and types of items on the credit report.

You pay our company which retains attorneys for you, 90% goes to retain attorneys. The 100% money back guarantee is outlined in our contract with each client.

Mar 16, 2009 01:37 AM #5
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Rainmaker
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Edward Gomez

Credit Score Boost USA
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