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Credit Repair 101
WHY CONSUMERS SHOULD USE A CREDIT REPAIR COMPANY
As a consumer
it is your responsibility to monitor your credit. As a
consumer it is your legal right to challenge information on
your Credit Bureau Reports that you deem to be Inaccurate,
Untimely, Misleading, Incomplete, Ambiguous, Unverifiable,
Biased, Unclear, or Questionable.
How does this
information affect you, the average consumer? Misreported
Credit Bureau information can significantly decrease your
overall credit rating. Research shows that 79% of consumers
currently have serious errors or false delinquencies on their
Credit Bureau Reports. Research also shows that, on average,
consumers with bad credit spend $12,000 more per year in
interest than consumers with good credit (that’s $660,000 over
an average adult life span).
What can the
average consumer do? Once again, The Fair Credit Reporting Act
("FCRA") gives the right to the consumer to dispute, with the
Credit Reporting Bureaus, inaccurate, incomplete, and/or
obsolete information appearing on their credit reports.
Following the regulations of the FCRA, the Credit Reporting
Bureaus must investigate all consumer disputes and contact the
supplier of such erroneous information in order to verify the
accuracy of the trade line in question. And per FCRA
regulations, the supplier of said information must, within
thirty (30) days, verify the trade line or update it so that
it becomes accurate. If they do not, it must be deleted.
So why use a Credit Repair Service? Unfortunately, the dispute
process is tedious for the individual consumer; and the Credit
Reporting Bureaus have implemented means which have further
de-railed
the intent of the FCRA. Although it is true that consumers
absolutely have the legal right to challenge entries
wrongfully displayed upon their Credit Bureau Reports, the
dispute process is confusing, exceptionally
time consuming, and ultimately, produces very few positive
results when done via the consumer alone. The analogy that we
like to use is, “you wouldn’t go to court with out a lawyer,
so why would you take on this legal procedure without proper
representation?”
The reasons above are precisely why consumers should consider
using a proven, legal Credit Repair Service Company for their
credit restoration needs. One such company that this website
endorses and has aligned itself with is National Credit
Advisors Inc/ National Credit Associates, Inc (NCA). NCA, a
Consumer Advocacy Firm, has successfully removed inaccurate,
incomplete, and/or obsolete items from consumer credit reports
hundreds of thousands of times since their inception
(including successful Credit Restoration for over 35,000
customers in the past year alone), and NCA has done so with
Zero Reported Complaints…ever. NCA continues to do so today.
At NCA, they have the insider knowledge necessary to bypass
the typical pitfalls that individual consumers face (NCA’s
founder is a former Credit Bureau executive); and NCA gets the
results you desire without any of the accompanying
frustration. In fact, NCA is so confident in their services
that they back their word with a $10,000 Guarantee!
For more
information on this company please visit
www.nationalcreditadvisors.us.com.
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