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How is bad credit removed from my credit report? |
 Everyone
knows that under the law, if you are accused of
anything, the burden of proof lies with your accuser. In
other words, if the credit bureaus are going to promote
and sell information about you that can cause you
economic hardship, they must back it up to the full
letter of the law. Congress has provided consumers the
right to challenge information that is deemed to be
inaccurate or unverifiable or obsolete. Our Attorneys
are experienced at presenting your case in the most
effective way possible. Information that is not properly
validated under the law must be removed regardless as to
whether it is accurate or not. Regardless of the
accuracy, credit bureaus are often unwilling (to invest
the resources necessary) or unable (to get the credit
grantor to invest the resources necessary) to validate
the disputed item. Oftentimes, it becomes a matter of
economics. If the case is presented properly, it is
often more difficult (expensive) for the credit bureaus
to substantiate the item than to simply remove it. The
law requires more than a form letter to verify that an
item is accurate. If the credit bureau confirms an item
on your report, the assigned attorney will ratchet up
the intensity of our challenge and represent it. This
forces the bureau to invest additional time and expense
in conducting a new investigation.
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 Is
repairing my credit legal? |
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Absolutely! An affiliated attorney network provides
credit repair services on behalf of our members.
Obviously if credit repair was illegal licensed
attorneys would not facilitate the service. The Fair
Credit Reporting Act was designed specifically to
provide a way for consumers to force the removal of
erroneous, outdated and unverifiable information from
their report. Additionally, The Credit Repair
Organization Act was passed to govern credit repair
companies. If providing credit repair advice were
illegal there would be no laws governing how to operate
a credit repair company within the law.
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How
much does this service cost? |
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Attorney facilitated credit repair is available
exclusively to valid Members in good standing. Attorney
fees referred to as “correction fees” are only $5.00 per
deleted or corrected item per credit report and paid
directly to your attorney ONLY AFTER MEMBER IS NOTIFIED
BY THE CREDIT BUREAU OF THE RESULTS.
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How
is the $5 correction fee paid? |
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You may mail a check or money order - payable to your
attorney - with your updated report reflecting the
corrections received or if you have a checking account
on file you may authorize the amount and date.
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Does this program offer a guarantee? |
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It is important to understand that there can be no
absolute guarantees involved in any legal matter. As in
a court of law, an attorney could never guarantee that a
judge would rule in their favor. Based on extremely
positive past experiences, we offer members the
industry's only MONEY BACK Triple Results Warranty to
protect their membership investment.
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Would
you explain the triple warranty on results? |
 Warranty #1
says that as long as you do your part, if no derogatory
item is removed from your credit reports within the
first 3 months, at your request we will cancel your
membership and refund all monies paid. Quite simply this
never happens!
Warranty #2 says at the conclusion of your membership,
if you have any derogatory item left on your report, an
evaluation of your results will be performed. A value of
$75.00 will be placed on each deleted or improved item
and deducted from your total amount paid. We will refund
to you any difference. This is offered to help you feel
comfortable with the results that you can anticipate.
NSCR attorneys typically deliver results that far and
away exceed the warranty value.
Warranty #3 says that if for almost any reason you are
not satisfied with your results; our attorneys will
extend your case and continue to work on your behalf
until you are completely 100% satisfied with your
results.
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How long does the credit restoration process take? |
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Each case varies significantly. The most important
variables are how involved your credit problem is and
the responsiveness of the credit bureaus. It would be
improper for a professional organization to say exactly
how long an individual case would require.
If you forward your credit reports on a timely basis,
you should see exciting progress within the first 60
days. After that progress will be steady. Statistically,
a participating member will see roughly (on average) 1/3
of the negative items deleted every time that the credit
bureaus are challenged.
(Every 60 days or so) Many members complete the credit
repair service in approximately 6 months. A few of the
more complicated cases use most or all of the one-year
membership. As previously mentioned, progress will vary
greatly based on your prompt forwarding of information
received, the nature of your case, and the cooperation
from the credit bureau(s).
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Do
I need to know exactly what is on my report before I sign up
for your service? |
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No. Most of our members do not know everything that is
on each of their reports. Once obtained, your attorney
will easily be able to determine what items need to be
removed.
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Do
negative items need to be paid before they can be removed
from my report? |
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No. The fact that a derogatory piece of information is
paid has nothing to do with its being removed from your
report. Removing an item from your report DOES NOT
eliminate your obligation for payment. It simply will
not appear when a potential credit grantor is looking at
your report. Leaving an item unpaid runs the risk of the
creditor taking further action against you that damages
your credit after it is cleaned up. (like submitting it
to a collection agent or filing a small claims court
action) In either case, you receive ample advanced
notice to contact the creditor and settle the matter
before any damage to your credit appears. You can also
negotiate to settle unpaid obligations - ask for
professional assistance.
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Does
paying off all my bills repair my credit? |
 That
assumption would be logical but IS NOT true. Then again,
the credit reporting system just does not work according
to logic. Paying an item that is on your credit report
extends the time that the item will remain on your
report. The seven (7) year clock starts all over again.
Ironically, a paid in full negative item is not
generally looked at any more favorably than an unpaid
negative listing. In most cases, without professional
help, you will not get much further by paying the old
debt. (IN FACT, YOU ARE LIKELY TO MAKE IT WORSE) .
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Will deleted items reappear on my report? |
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Occasionally, the creditor will verify an item that has
been deleted. The newly amended Fair Credit Reporting
Act has provisions to protect you against items being
re-reported on your report. Additionally, you must be
notified before a previously deleted item can be
re-reported. It is fairly rare for a listing to
re-appear on a report once deleted. If an item is
re-reported, it is a simple matter to challenge the
listing again and press for permanent deletion. If an
item is re-reported your attorney will credit you toward
your next deleted or corrected item (or) at your
discretion promptly send a $5.00 refund for the
re-inserted item.
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Can I restore my own credit? |
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Absolutely you can repair your own credit, represent
yourself in court, be your own doctor or paint your own
house. Given the time and energy and commitment you can
learn to do most of what our attorneys do on your
behalf. Our attorneys are professionals who specialize
in credit restoration. They eat, drink and sleep your
rights under the applicable consumer protection laws.
Like anything, a professional is often able to
accomplish a task more quickly and effectively than a
layperson.
The ultimate question becomes how you value your time
and your aptitude and inclination to learn this kind of
work. I don’t completely understand how the service
works. That is why you should consider using a
professional. When your car breaks down you may not
completely understand how to repair the problem, or if
you do, you may prefer to simply channel your efforts
elsewhere. What is important is that our attorneys
understand your rights and will be successful in
restoring your credit rating.
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I don’t completely understand how the service works |
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That is why you should consider using a professional.
When your car breaks down you may not completely
understand how to repair the problem, or if you do, you
may prefer to simply channel your efforts elsewhere.
What is important is that our attorneys understand your
rights and will be successful in restoring your credit
rating.
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When the service is completed will I be approved for credit?
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You should be approved for credit as long as you meet
the other requirements that the credit grantor may have
separate from a clean credit report. (Employment, debt
ratio, residence info, etc) Sometimes little or no
credit is as limiting as bad credit. If you do not have
very many positive trade lines on your credit report,
you may want to consider adding some new credit lines
though Member Services.
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Does the law require that an accurate item stay on a credit
report for 7 years? |
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No. The law limits negative information from staying on
your report for longer than the 7 year maximum. Also,
the credit bureaus can delete the item whenever they see
fit.
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Will I be opening a new credit file or establishing a new
Social Security Number or Tax ID number? |
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NO! It's considered fraud. Simply put, we are legally
challenging the credit bureaus, exercising the rights
extended to you by Congress and forcing the deletion of
adverse information from your credit report.
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How will I be updated as to the progress on my account?
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Credit reports will be sent to you from each of the
three major credit reporting agencies regularly. As you
receive them, you will see items being removed from your
report. It is a little bit like losing weight, every
time you step on the scale you are down a few pounds and
eventually with patience and perseverance you reach your
goal. Should you have questions regarding your progress,
you may always contact Member Services for an update.
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Who do I contact if I have questions? |
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If you need to make a contact, you will be offered a
member service number, a special e-mail address and a
fax number that goes directly to member services. The
attorneys offer the association heavily discounted
rates. For this reason, Members may not contact the
attorneys directly without incurring an additional fee.
NSCR Member Service Representatives will handle all of
your service needs.
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What are my responsibilities as a member? |
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As detailed in the Service Agreement, you must make sure
that your membership and “correction fees” are paid as
agreed and act as a conduit (as you receive information
forward it promptly) to keep the wheels of progress
moving. Other than that, being our member is simply an
exercise in patience, fueled by regular updates coming
to you directly from the credit bureaus in the form of
updated credit reports.
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