Yes, credit repair is legal and it works because of the law. The FCRA (Fair Credit Reporting Act), FCBA (Fair Credit Billing Act) and the FDCPA (Fair Debt Collections Practice Act) give you the legal right to dispute or delete any items on your credit report that you feel are inaccurate, ultimately, incomplete or unverified.
We cannot give you an exact time frame. Credit repair does take time and is not something that will happen overnight. We can promise to send appropriate creditor interventions and bureau challenges. You will see a change in your Credit Score as long as you have the patience and discipline during the process.
What is considered excellent credit has everything to do with the car loan you are seeking. It is harder to secure a new car loan if your credit score is low. Defining an “excellent” credit score may be harder to pin down. It all depends on your lender’s criteria and the type of loan you are seeking. A bad credit score will not stop you fro getting a car financed, but lower APRs will only be available for people with better credit. Why waste money when credit repair is an option?
On occasion, a negative listing that was recently deleted may eventually be verified by the creditor. The Fair Credit Reporting Act requires that the credit bureau inform you before they re-report a previously deleted listing. The FCRA also makes it more difficult for credit bureaus to re-report listings. Because of these factors, it is fairly rare for listings to come back on once they’ve been deleted.
If a questionable credit item is verified at a later point in time, Major League Credit Repair will help you challenge the listing again if there are legitimate grounds to do so.
Yes. Depending on your time, patience, perseverance, and complexity of your dispute, you can successfully dispute inaccurate credit report items on your own. However, credit bureaus' strategies and tactics can make the process time consuming, overly burdensome and ineffective for the consumer. Disputing items is not difficult; getting results is.
You would think that would be true, but the credit reporting system just doesn’t work that way.
When you pay an old debt, the negative credit listing doesn’t disappear. Once paid, it may appear on your credit report as a paid delinquency, charge off or collection (whatever the case may be.)
Unfortunately, if your goal is simply to repair your credit, merely paying off your debts won’t get you there. You also need to work to restore your credit at the same time. Of course, paying your debts in a timely manner may prevent future problems with your credit report.
Repairing bad credit is a significant challenge for most consumers and we’re here to help.