Credit Repair Business Tips and Strategies » mikec

How Do We Treat Unverifiable Information?

mikec — Thu, 29 Jul 2010 13:01:24 +0000

Treatment of Inaccurate or Unverifiable Information. Where can I find a copy of it?

How Do the CRAs React to Bunched Letters?

mikec — Wed, 28 Jul 2010 13:01:13 +0000

I’ve got a question about mailing out a bunch of letters. Do you send them out all at once? Sent a few out in one day and received correspondence from credit bureaus that they don’t believe that letters came from the clients. How can we do this without any problems?

What’s Next When Verification Documents Aren’t Available?

mikec — Tue, 27 Jul 2010 13:01:29 +0000

What is the next step when Transunion sends you an answer that says on the MOV process they answered that verifications documents are not available?

Is the Tactical Guide able to be Purchased Separately?

mikec — Mon, 26 Jul 2010 13:01:39 +0000

Can we purchase the Tactical Guide outside of buying the Credit Repair Biz-In-A-Box?

How Do I Use Your Dispute Codes?

mikec — Sun, 25 Jul 2010 13:01:28 +0000

Mike, I got your dispute codes today. Thanks. How can I use them?

Must the Client Directly Request his Credit Report Prior to Disputes?

mikec — Sat, 24 Jul 2010 13:01:07 +0000

I have received the attached response from Experian. How should I approach this, do I need to have the client request his credit report from Experian so that I can send the next letter there? I have blanked out the client’s information so that you can share this on your webinar. Your help is appreciated.

What to Do When a Collection Agency Requests Payment for an Account Not on the Credit Report?

mikec — Fri, 23 Jul 2010 13:01:47 +0000

My client received a letter from a collection company about an account she doesn’t recognize nor shows on her credit report as of 2 months ago. I’m assuming it is better to try to prevent this account from being added to her credit report, especially if it ends up being hers. So, is it a good idea for her to call the collection company to find out more information? This way, if we find out it is in fact hers, she can try to settle & prevent it from being added to her report. And if it is not hers, then I can mail a request for written verification.

When Disputed Accounts Don’t Show up on CRA’s attached Documentation, Does that Mean They’ve Been Deleted?

mikec — Thu, 22 Jul 2010 13:01:36 +0000

In the response letter from Equifax (CSC Credit Services), it says: “The items listed below were investigated at your request. Please review your attached credit file for the current status of each item.” And then it lists below all of the accounts that were disputed. For the accounts that are listed as disputed, but do not show on the credit file they attached, does this mean they were deleted and will not show up any more in the customer’s credit report?

What is the Real Time Limit for CRAs to Respond?

mikec — Wed, 21 Jul 2010 13:01:49 +0000

I have read in several recources as well as been told by other credit repair professionals, that the credit bureaus get 30 days to respond if a consumer purchases a report, and 45 days if they get a free one. I have also been told a variation of this which was that it’s 45 days if you order a free credit report online via the bureaus, but still 30 days if you get a free report from the bureaus by phone or mail. First of all, which of these scenarios is accurate and finally, the bigger question, where is this stated in the FRCA? The only part of the FCRA I could find that remotely resembled this was the section dealing with the dispute process which clearly stated the bureaus had 30 days to respond. Another section dealing with “resellers” said they had 45 days. That’s all I found. Nothing here mentions anything about free versus paid reports. Can you please advise?

Does it Matter Where we Mail the Disputes?

mikec — Tue, 20 Jul 2010 13:01:34 +0000

Does it make a difference if we mail the disputes directly to Equifax to Atlanta, GA, or like they request, to CSC Credit Services-Disputes in Dallas, TX? Or doesn’t it matter?