How To Fix Your Credit: Introduction
Do you have less than perfect credit and want to improve your credit score? Do you have inaccurate information reporting on your credit report? If you answered yes to either question, you have stumbled upon the right article. Today we will show you how to fix your credit and show you how you can potentially get paid for doing it.
At Credit Wellness Solutions, we have yet to see an accurate credit report. In fact, we believe every American has at least 10 or more errors on their credit reports. Today, we will show you how to leverage those errors in your favor to fix your credit. If you or us dispute errors on your credit report, and they are not fixed or deleted, you could receive compensation for those errors in addition to a deletion from your credit reports. Click the button to schedule a free consultation with us or keep reading to learn how to fix your credit yourself.
How To Fix Your Credit On Your Own: The Audit Process
We want to begin this section by informing you that you can do this on your own. Do it yourself credit repair is rapidly gaining steam, but you need the right resources and methods to be successful. We also want you to know if any credit repair company tells you that do it yourself credit repair doesn’t work, or you can’t do it on your own, run as fast as you can in the opposite direction. In fact, it is the law that we disclose this to our clients as part of your service agreement.
According to the CFPB, consumer complaints about credit reporting is increasing exponentially. Knowing that your credit report is likely to contain errors, disputing inaccuracies on your credit report is the most effective way to fix your credit. It is so effective, if the errors are not fixed or deleted, you can potentially get damages awarded to you in arbitration or litigation, or you could receive a settlement for those errors and a negative item
deleted from your credit reports. You may ask yourself; how do I know if there are errors on my credit report? One of the easiest ways to find this is by pulling your credit reports directly from the credit bureaus via Annual Credit Report. Look closely at the fields of information on each tradeline. If you are seeing different information or omitted information that one or more of the other bureaus are reporting, you have successfully found errors. Likewise on the payment history on each bureau. Look for things that don’t make sense such as, a 60-day late payment marked next to an on-time payment. Also look carefully to see if each bureau is reporting the payment history the same.
Do It Yourself Credit Repair Resources
You will find a plethora of do it yourself credit repair eBooks, YouTube videos, and dispute letter templates online with a simple Google search. Some of these are good resources with good advice, but sadly, the vast majority of resources are horrible. Many employ antiquated and ineffective methods, such as “609 disputes”, and contain outright horrible advice. Many are
designed to lead you to their credit repair company to ultimately sign up for services. While credit repair can be quite complicated, we still believe if you apply yourself and invest the time and effort, you can effectively repair your credit yourself. In fact, our CEO and founder repaired his own credit before he decided to start Credit Wellness Solutions to help others with the knowledge, skills, and experience gained by learning from some of the top professionals in the credit repair industry.
At Credit Wellness Solutions, even if you do not become our credit repair client, to show you how to fix your credit on your own with our do it yourself credit repair program. In our program, you still receive a free consultation, website account access, and get email support and support calls under 10 minutes. These cost you nothing. For an hourly rate, you will receive a detailed 1 on 1 zoom training, and support calls over 10 minutes in length. If you follow our program precisely, we will give you access to our network of consumer attorneys or represent you in arbitration. For more information on our do it yourself credit repair program, click the button below.
How To Fix Your Credit: The Pre-Litigation Dispute Process
The Pre-Litigation dispute process is simply a method of careful audit of your credit report, looking for inaccurate information, incomplete or missing information, and inconsistent or conflicting reporting between the credit bureaus and within the same bureau’s credit report. This is commonly referred to as a Metro2 audit because the fields of information you see on a credit report are called Metro2 fields. Metro2 is an online software that is universally used by creditors, debt collectors, debt buyers, and anyone else who reports credit information to all 3 major credit bureaus.
Metro2 is the universal standard, created by the credit reporting industry to ensure the Fair Credit Reporting Act’s mandate of “maximum possible accuracy” is met. There is a Metro2 credit reporting manual that shows how an account, based on type and circumstances, must report. Credit Wellness Solutions has this manual, and uses it to audit credit reporting for maximum possible accuracy.
Creating An Effective Credit Dispute Letter
Drafting an effective credit dispute letter begins with taking the results of your audit and organizing those items in bullet points on your letter. Knowing that Metro2 is a universal standard for credit reporting, the easiest inaccuracies to spot is different reporting of Metro2 fields between the 3 credit bureaus. The account should be reporting consistently across the bureaus.
Take time and put careful thought in your letter. There is no need to cite law. Simply state you have found inaccuracies, missing data, and inconsistent reporting. List the errors. Ask questions. Then, end your letter with a demand of fixing the disputed items, or deleting the tradeline from your credit report. You can draft letters for the bureaus, and the furnisher of the credit information. Each letter should build a case should your disputed items go unresolved, or not deleted.
How To Fix Your Credit: What To Do When Disputed Errors Remain On Your Credit Report
You, or Credit Wellness Solutions may have sent multiple disputes to the credit bureaus, your creditors, or debt collectors and the results did not get the negative information fixed or deleted. This happens all the time and it is one reason why credit repair gets a bad reputation. However, if you have done it yourself and followed our dispute methods, you will have successfully built a case to get this information removed, and
potentially receive compensation for the lack of investigation, and the remaining errors on your credit report. If the case is large enough, with actual damages (ex: being denied for a mortgage loan) to go along with statutory damages, our network of consumer attorneys is on standby ready to take your case. If your case is simpler with statutory damages only, and if your original agreement has an arbitration clause, you can take your creditors to arbitration to hold them accountable, get the item deleted from your credit report, and potentially get paid because the errors were not fixed or deleted.
Why Choose Credit Wellness Solutions?
Unlike many credit repair companies, and most do it yourself credit repair programs, the Pre-Litigation Dispute Process builds a case for you, and gives you the ability to hold your creditors, the credit bureaus, and debt collectors accountable for reporting fair and accurate information. Not only can the Pre-Litigation Dispute Process get the negative information deleted, but you could get paid to fix your credit. To schedule a free consultation with us, click the button below.
Final Thoughts
In conclusion, the Pre-Litigation dispute process is how to fix your credit. Unfortunately, the days of sending debt validation disputes are over. The only way to truly fix your credit is though disputing actual errors on your credit report. Also taking advantage of credit building and learning how to manage your credit effectively. Credit Wellness Solutions can help you with all of that. Whether you plan to do it yourself, or hire a credit
repair company to do it for you, Credit Wellness Solutions can help you with all aspects of credit. Request a Free Consultation today and see the difference Credit Wellness Solutions offers though fixing your credit, holding the credit bureaus and credit data furnishers accountable for reporting accurately, building and maintaining your credit. At Credit Wellness Solutions, you can truly get paid to fix your credit. Click the button below to see all the services we offer.
