| Frequently Asked Quations about Credit Repair |
|
Why use a credit repair company?
Disputing credit can be done by anyone including yourself. If fact the FTC recommends it. However, drafting letters and following up with all three credit bureaus as well as every creditor can be quite time consuming. CRR is a service company specializing in one thing and one thing only. Improving peoples credit through dispute. Our methods are tried and proven. We take the guessing out of the process and free our clients time for more productive activities. How does credit repair work? By challenging both the Credit bureaus and creditors, we authenticate any derogatory information on each report. If proof of derogatory is not available, it cannot be proven therefore must be removed from your credit. Additionally many items may be beyond the necessary time they are supposed to report. These items are easily removed with our CR resources package. Is credit repair legal? Yes, credit repair is legal. IF the entity providing the service is licensed and bonded. Many company advertised results and abilities that are just not true. Be very careful with company's that do not guarantee results or offer to create new identities for you. These companies are operating illegally and should be reported to: www.ftc.gov Why does the FTC regulate credit repair? Since 1995 there have been a number of credit repair companies that had unfair business practices and did very little to act in the interests of their clients. The Federal Trade Commission has taken significant steps to curb these practices by fining and prosecuting these unethical companies. Credit Repair Resources works in full compliance of the FTC and the CROA. What is the (CROA) Credit Repair Organizations Act? This act was passed to regulate the credit repair industry. It sets the standard in which Credit Repair Companies must operate. Credit Repair Resources only acts in our clients best interests and strictly follows the policy of the CROA . http://www.ftc.gov/os/statutes/croa/croa.shtm How will I be charged? You will not be billed for your first payment until we have set you up in our system, evaluated your file and your first round of letters are ready for postage. You may cancel your monthly service at any time. There is no contract. How long does it take to repair a credit score? Credit Repair Resources will start your file the second you click or call. Your initial dispute is on it's way within 72 hours of your order. Select our CRRush Order feature and have your letters out within 24 hours. Depending on individual file the overall process takes approximately 30-90 days for optimum results. How does the guarantee work? If Credit Repair Resources is unable to improve your credit profile within 90 days, you may at any time cancel our service for a full refund of your monthly service charges. Have more questions? Call or email us today! |