Frequently Asked Questions
How important is credit? EXTREMELY IMPORTANT. While this is another task to add to our personal finance plans, we cannot neglect to study it, research how we can make ours better, and understand the impact of the nuts and bolts within it.
Do I Have To Pay My Bills On Time?
Your payment history affects about 35% of your score. Make it a habit of paying your bills on time. Think of it like this, if you were to lend money to a friend or family member, wouldn’t you expect it back on time? If you didn’t receive it would you become hesitant before lending again? Creditors are no different.
Do I Need to Keep My Credit Balance Low?
25% or less of your credit limit on any credit line should be the goal. Maxing out credit cards can have a major impact on your credit score. Creditors and the powers that be at the credit bureau like to see that you can effectively, and responsibly manage credit.
Will The Information That Is Removed Return Back To My Credit Report?
No. By law (FRCA), once the credit bureaus remove an item from your reports, they may not report it again. Now, a creditor that is removed can sell that information to another agency, and they have the right to report their information.
What If The Account Is Really Mine? Can It Still Be Removed?
Yes. Even if the account is really yours, the creditor must still verify it to the credit bureaus. By law, if they can't verify it, even if its yours, the credit bureaus must remove the account.
Can You Help Me If I Filed Bankruptcy?
Yes. We recommend that if you filed bankruptcy, to try to improve your credit scores once you are discharged. Some people believe that bankruptcy somehow clears your credit reports, It does not. The information remains there and will continue to lower your scores. That's why we recommend improving your scores afterwards.
Which Is Better? This Or Bankruptcy?
Credit Report Repair and Bankruptcy are two different options. If you are having credit problems, bankruptcy is not the option. Credit Report Repair is. If you are having trouble with too much debt, bankruptcy is a good choice. You can improve your credit without filing for bankruptcy.
How Long Can Negative Information Remain On My Credit Reports?
By law, it can remain for up to 7 years from the date of last activity. 7 to 10 years for public records (bankruptcy, judgement's, tax liens). Now, the FCRA allows information to be removed before that time period.
Does My Spouse's Credit Affect Mine?
No. When you get married, your credit reports do not join together. You both still have your own individual credit file. The only time it can affect yours is if you are applying for credit together, or purchasing real estate.
If I Work On My Credit Reports, Will It Clear My Spouse's Reports?
No. You still have your own credit file. If you would like to see results on both reports, We would need to work on your and your spouse's report. This would be a good idea. This would be a good idea. This way, you are not putting the load on one person's credit reports.
Do You Work On All 3 Bureaus?
Yes. Equifax, Experian, & TransUnion
How Long Will It Take For My Scores To Change?
You should see changes in about 45 days.
How Will I Know When It's Done?
In 45 days, each credit bureau will notify you by mail with the results. This is confirmation that they are done. They will also show exactly what took place.
Is The Service Guaranteed To Help?
Yes. Our guarantee is that we will help you to improve your credit scores. If we can't help you, we cover our service with a 100% money back guarantee. (If no items are removed or corrected, and if there is no increase in credit scores).
What If Only 1 Account Comes Off? Do I Get My Money Back?
We've never seen just one item to be removed. We make sure that enough is taken off so that it can have a positive impact on your credit scores. If one item came off, this may not help your scores. We would honor our guarantee in that case if it were to happen.