Identity theft happens to one American every two seconds, according to Javelin Strategy & Research. In 2013, there were over 13 million victims. The potential impact on your credit, not to mention the work it causes for the Credit reporting bureaus – is astronomical.
What if some of the negative information on your report right now – are the result of someone using your report and making charges that they want you to pay?
As soon as you notice improper charges on your credit cards, it is time to contact us. We can reverse the damage on your credit FAST.
The Fair Credit Reporting Act (FCRA) requires Credit Bureaus to remove all incorrect and/or unverifiable information from your Credit Report, however, their Systems and Procedures have been setup to automatically read, classify, and dispose of Credit Disputes they receive as fast as possible, without any human intervention at all, and without any real verification of the information aside from a quick automated check into the Creditor’s reporting system. When Credit Bureaus receive a Dispute from a Consumer, they will scan the Dispute Documents, run them through an OCR Scanner to detect all the text in the Document, then analyze the text to try to match the text to one of tens of thousands of prior Dispute Letter Templates they have previously received from other Consumers. Once they have a match, they will automatically decide what response to send to the Consumer and what action to take.
The problem here is that the default actions are typically to ask Creditors if the information in their system is correct, and if they confirm the information, then the Negative Item is not removed. This “Verification Process” typically happens within a few seconds and is fully automated, which means the Disputes Letters are never even read, and no investigation is performed at all – The System just spits back to the Consumer the information reported by the Creditor and claims the information was “Verified”. This behavior is actually illegal, but Credit Bureaus get away with it all the time. The only way to get around their automated systems and get dispute letters read by a real human being is to use what we call “Manual Credit Repair”.
Our Experts simultaneously dispute each Negative Item with a hand written dispute letter to the Creditors, the Credit Bureaus, and the FTC. In many cases, we will not get a response, which automatically qualifies the negative to be deleted. In other cases, one or the other target will be the right one to grant our requests and call for the elimination of the negatives. This 3-Way Dispute method is much more effective than the One-Way or Two-Way Methods used by the vast majority of Credit Repair Companies out there.