How Does Credit Repair Software Improve the Dispute Process?
Your history is a report showing accumulated borrowing information since the first time you received a line of credit. Many individuals start out with nothing to show, but build credit over time as loans are approved or a secure card is obtained. Numerous items can create an undesirable history to lenders assessing approval including late payments, bankruptcies, or a minimal length of history. Reporting mistakes are another common reason for a lower score and denial. Removal of inaccurate data is the first step toward resolving a low score or bad marks. Bureaus receive updates from each creditor and it is easy for the wrong data to be added by mistake.
Credit repair software can accomplish a few things as you work toward a better financial future. These tools provide an accurate portrayal of how your own actions affect this rating. You can request history records, enter account data, and create the necessary dispute documents to have errors removed. The bureau has thirty days to investigate a claim and will require the creditor to provide supporting documents to validate their supplied information. Clerical mistakes are often fixed quite quickly; however, expect it to take a little more time if the creditor has reported the wrong information.
The process can be long and drawn out depending on factors such as the data being disputed, reporting practices, and the amount of proof available. Credit repair software assists with this process by guiding you through the details and tracking every dispute to ensure the appropriate actions are taken. These helpful tools also provide this additional guidance:
- Gaining Understanding of Scoring Models
- Score Simulations
- Process Automation
- Loan Qualification Assistance
- Dispute Letter Generation
- Creditor Negotiation
The amount of help received can be tailored to individual situations and the automation drastically reduces the time it takes to begin improving your history. These tools entail a minimal cost that is worth the supplied result of a low risk number.
TURNSCOR is the industry leading Credit Repair Software platfrom.
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.