Credit Repair

How It Works

Step 1: Analysis

Credit report analysis is the process of going through your credit report line by line, either independently or with the help of a professional. By checking your credit report, you will gain insight into your credit health, the accounts that contribute to or detract from your score, and the things that we may wish to dispute on your behalf. How you feel about your credit score will affect the methods you use to improve it. It will help you decide what parts of your report need work, what parts can stay the same, and what you should add.

 

Step 2: Dispute

Except in cases where there are reasonable reasons to suspect fraud, consumers have a right to have credit bureaus examine any complaints, submit any supporting documentation to the service provider, and summarize their findings. Credit reports often contain errors due to companies failing to provide missing information requested by the bureaus that assemble them. Consequently, if a mistake, such as a settled accounts account that wasn’t updated, shows up on one of your credit reports, it’s quite possible that the same error shows up in your files at the other credit agencies as well.
 

Step 3: We will settle your debts

Before making any suggestions about your personal finances, our financial advisers will take a comprehensive look at your unique situation. To continue paying off “unsecured” debts like credit cards, school loans, and medical expenses, your counselor may suggest signing up for a debt settlement management plan.Our credit counsellor may only be able to suggest a plan of action for debt reduction.

• Together with you and your creditors, our counselor creates a payment plan. It’s possible that your creditors will consent to reduce your interest rates or waive some fees.
• In order to pay off your debts, we would set up payment plans and send money with creditors each month.
• In accordance with the payment plan, our counselor uses your deposits to settle your unsecured debts, such as credit card balances, student loans, and medical expenses.

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