What Does a Credit Repair Agency Do?
Individuals attempting to alleviate a bad financial situation often contemplate the purpose of a credit repair agency and what their services entail. While a provider cannot guarantee the most optimal score, they perform numerous actions to improve your rating. Your history includes this basic information among other things:
- General Account Data
- Card Limits
- Card Balances
- Loans and Terms
- Payment Records
Legitimate records cannot be removed from the history and are capable of showing for up to seven years. The weight of these items can be decreased by making payments on time, maintaining healthy debt balances, and preventing extensive inquiries from being made. Every consumer should review this report at least once a year to ensure the data is accurate. You are entitled to a free report from all three agencies and charged minimally when additional copies are necessary throughout the year.
Inaccuracies occur when a creditor reports the wrong data such as lower limits, invalid loan terms, and false delinquent payments. Additional errors are shown in situations where an old debt did not fall off in the set time. Identity problems involve another person’s account data being added to your report. A credit repair agency can save time when dealing with inaccuracies and help you make better decisions regarding how data will be recorded as time progresses.
What assistance can these agencies provide to improve your current financial situation?
- Discover Existing Errors
- File Necessary Disputes
- Monitor Bureau Actions
- Follow-Up on Disputes
- Observe Report Changes
This process occurs many times as the agency work to improve this rating and does not stop until all resolvable inaccuracies have been taken care of. Every consumer has the ability to perform these steps themselves; however, lack of experience can make the process take longer. Professionals are becoming more practical for busy individuals who need results but do not have the time to dedicate to this extensive process.
TURNSCOR is the industry leading Credit Repair Agency.
No need to invest hundreds or thousands of dollars to pay a lawyer or third party to do what you can do for yourself. This was the sole reason we developed TURNSCOR. The major credit bureaus and creditors would like for you to remain uninformed, thus allowing them to charge you higher rates of interest based on your personal credit scores. This reason alone makes it very difficult to build wealth without a high credit score. Get started today.