How Does Credit Repair Work?

OVER 1,987,780,000 pieces of data are transferred from banks, credit card companies, collection agencies and alternative data furnishers to credit reporting agencies EVERY month. With this amount of data, it’s nearly impossible to maintain accurate records and comply with the law. The laws are clear and concise, and they are consistently being broken!

The Fair Credit Reporting Act MANDATES all items on credit reports MUST:

REPORT 100% ACCURATE INFORMATION

All aspects of the reporting must be correct, not just the fact that an account exists - they must report dates, balances, and history PERFERCTLY! Most creditors VIOLATE your rights frequently because of their BAD bookkeeping.

REPORT TIMELY INFORMATION

There is a time limit for information to be legally be reported. You MUST force creditors to stick by the legal reporting time, and delete information after the time has passed.

REPORT INFORMATION THAT IS VERIFIABLE

Basically, “If they can’t prove it- they must remove it” - Creditors and collections agents MUST by action of law prove that they have a right to report the information, which is very difficult because of the continuing bank mergers and bad record keeping.

Legal Credit repair is focused on getting the information provider to FIX or delete the inaccurate, outdated or unverifiable information found in credit reports.