Quantcast
Credit Firm Logo

Client Login

For a Free Consultation
& Credit Evaluation Call
1-800-750-1416

You are worthy of having excellent credit.
Join thousands of people just like you,on a path to improving their credit.
Credit Firm can help you improve your credit faster than ever.

Monday Mailbag 10/29/2018

October 29, 2018 by  
Filed under Blogs, Monday Mailbag

Monday Mailbag Banner

Question:
I’m thinking of buying a DIY credit repair course from ##########. Have you ever heard of them? Is it a good deal? Should I do it?

Answer:
I have never heard of this company but, it seems like they are selling a do it yourself (DIY) kit which only includes letter templates to send to the credit reporting agencies. Disputing is a great way of getting derogatory information removed from your credit reports but, you’ll want to make sure that you do much more than dispute with the credit bureaus. The FTC did a study about 12 or 13 years ago which found that on average 1 out of every 5 disputed accounts resulted in a deletion, they then followed up the study 10 years later and found that the number changed from 1 out of 5 disputes resulting in a deletion to 1 out of 25 accounts resulting in a deletion. So basically, the deletion rate went from 20% to 4% in 10 years. This is mainly due to the credit reporting agencies automating the dispute resolution process. The reason I’m mentioning this is that nowadays if you want to increase the effectiveness of your credit repair, it is important to do more than dispute the negative information. It’s important to do Method of Verification follow-ups, Debt Validation, GoodWill intervention, Permissible Purpose Verification, etc… in order to get more removals. Just make sure that the information that you’re purchasing from that site includes more than dispute templates, which you can find online for free. Make sure that the information that you are purchasing includes all of the techniques I mentioned, and more so that you can get the most out of your credit repair.

If you have any questions, feel free to contact us at any time.

Are you ready to get started on your journey toward a better credit score?

 

Why Choose CreditFirm.net?

Assurance. Our Credit Repair process was developed by experienced attorneys.

Speed. Documents are typically processed and sent out for investigation within 3-5 days.

Support. Award-winning customer service guarantees your satisfaction.

CreditFirm.net Review