Frequently Asked Questions

Lenders Choice Credit Solutions is the premier credit repair service in Dallas Texas! Discover how our proven program makes repair your credit easy.

Table of Contents

The purpose of credit repair is to provide consumers with expert assistance in the  correction of their credit report, which in turn improves credit scores. Under the  Credit Repair Organizations Act (CROA), credit repair providers are permitted to  assist consumers in the removal or correction of any INNACURATE, OUT OF  DATE, or UNVERIFIABLE information from their credit report. This does not include all outstanding negative marks on a consumer’s credit report. Only  information that is reported incorrectly is eligible for dispute. Credit repair is not  just increasing credit scores. There are a ton of other factors that lenders and  creditors look at, including but not limited to, payment history, credit utilization  percentage, credit age, account mix, derogatory marks, debt to income ratio, and  hard inquiries. 

While we do everything in our power to remove any inaccurate, out of date, or  unverifiable information from our clients’ reports, it is their responsibility to  simultaneously pay down any outstanding credit card balances, resist accruing  any hard inquiries, and maintain timely payments of debts owed.

Yes, credit repair is legal as long as it is done by a licensed and reputable credit repair company.

You can get a free copy of your credit report annually from each of the three major credit bureaus (Equifax, Experian, and TransUnion) by visiting annualcreditreport.com.

The main factors that affect your credit score include payment history, credit utilization, length of credit history, types of credit accounts, and recent credit inquiries.

The length of time it takes to repair your credit depends on many factors, including the severity of the errors on your credit report and the steps you take to improve your credit. On average, it can take several months to a year or more to repair your credit.

Yes, you can repair your credit on your own by disputing errors on your credit report, paying your bills on time, reducing your credit card debt, and avoiding new credit inquiries.

A credit dispute is a process in which you request that a credit bureau investigate and correct any errors on your credit report.

To dispute an error on your credit report, you can contact the credit bureau directly and provide them with evidence to support your dispute.

To improve your payment history, you should always pay your bills on time and make sure that any late payments are accurately reflected on your credit report.

Credit utilization refers to the amount of credit you are using compared to your available credit limit. High credit utilization can lower your credit score, so it’s important to keep your credit card balances low.

Closing credit card accounts can sometimes harm your credit score by reducing your available credit and increasing your credit utilization. It is generally better to keep credit card accounts open and use them responsibly.

A hard inquiry is a type of credit check that occurs when a lender checks your credit as part of a loan application. Hard inquiries can temporarily lower your credit score, but they typically only have a small impact and are removed from your credit report after two years.

A secured credit card is a type of credit card that requires a cash deposit as collateral. By using a secured credit card responsibly, you can build or improve your credit history and increase your credit score.

A credit monitoring service is a service that alerts you to changes on your credit report, such as new accounts or hard inquiries. While a credit monitoring service can be helpful, it is not necessary for credit repair.

Debt settlement is a process in which you negotiate with your creditors to pay off a portion of your debt in exchange for a reduced balance. Debt settlement can have

Filing for bankruptcy can have a major impact on your credit score, often lowering it significantly. However, the impact of bankruptcy on your credit score will decrease over time and can eventually be repaired with responsible credit management.

Yes, it is possible to get a loan if you have bad credit, but you may need to consider alternative loan options such as secured loans or loans from alternative lenders.

Negative items on your credit report, such as late payments or collections, can be removed if they are inaccurate or past the credit reporting time limit. However, accurate negative items will remain on your credit report for seven years or more.

While it is possible to make changes to your credit report and improve your credit score over time, there is no quick fix for a low credit score. Improving your credit score requires patience and responsible credit management over an extended period.

No, a credit repair company cannot guarantee a specific credit score increase. Factors such as payment history, credit utilization, and credit mix are all out of a credit repair company’s control and can affect your credit score. A reputable credit repair company will work with you to improve your credit, but cannot guarantee a specific result.

A credit report freeze is a security measure that temporarily blocks access to your credit report, making it more difficult for identity thieves to open new accounts in your name. You can place a credit report freeze with each of the three major credit bureaus.

A credit score simulator is a tool that predicts how different financial actions, such as taking out a loan or paying off debt, will affect your credit score. A credit score simulator can help you understand the impact of different financial decisions on your credit and make informed decisions.

A debt validation letter is a letter that you can send to a creditor or collection agency asking them to validate a debt they claim you owe. If the creditor or collection agency cannot validate the debt, it must be removed from your credit report.

No, you cannot remove a bankruptcy from your credit report. Bankruptcies remain on your credit report for seven to 10 years and cannot be removed before the end of that time period.

A judgment can be removed from your credit report if it is inaccurate or past the credit reporting time limit. However, an accurate judgment will remain on your credit report for seven years or longer.

A credit report update is a request to have your credit report updated with the most recent information. You can request a credit report update once every 12 months from each of the three major credit bureaus.

A charge-off is a debt that a creditor has determined is unlikely to be collected and has written off as a loss. Charge-offs can have a negative impact on your credit score and remain on your credit report for seven years.

A debt management plan is a repayment plan in which you make one monthly payment to a credit counseling agency, which then pays your creditors. A debt management plan can help you get out of debt and improve your credit score if you make all of your payments on time.

Yes, it is possible to get a mortgage with a low credit score, but you may have to pay a higher interest rate or provide a larger down payment. Improving your credit score can help you get a more favorable mortgage rate and terms.

When choosing a credit repair company, look for one that is transparent about its services and fees, has a proven track record of success, and is accredited by the Better Business Bureau. Avoid companies that make unrealistic promises or charge upfront fees

Yes, but they can also help your credit. Paying your student loans back on time will benefit your score. Alternatively, missing these payments can cause some significant damage to your credit profile. If that sounds like you, or if you’ve missed other payments as a result of your student loans, it may be time to look into credit repair.

To be able to get negative accounts removed from an individual’s credit report you must understand the laws that are relevant to credit reporting and debt collecting. The Fair Credit Reporting Act, Fair Debt Collection Practices Act, Fair and Accurate Credit Transaction Act, and the Health Insurance Portability and Accountability Act are some of the main laws that credit repair companies utilize to get accounts removed or corrected. When you understand those laws you can leverage inaccuracies, unverifiable information, and outdated information to get accounts removed.


“Disputing” is often referred to when it comes to challenging accounts on a credit report. It is important to note that “disputing” is a very general term and could mean a wide variety of things. So, one person’s version of disputing accounts could be completely different that someone else’s. An individual with limited experience and credit education disputing accounts on their own is not the same as a credit repair company with years of experience.

The short answer is that credit repair can take anywhere from one to six months. Every situation is different and so try and guess at an exact timeframe is setting everyone up for disappointment. The best thing to do is plan on and be prepared for a four to six-month timeframe that way we don’t have expectations that may not work out. It is possible to be in and out of credit repair in a month or two but is not something that can be predicted ahead of time.

“Disputing” is often referred to when it comes to challenging accounts on a credit report. It is important to note that “disputing” is a very general term and could mean a wide variety of things. So, one person’s version of disputing accounts could be completely different that someone else’s. An individual with limited experience and credit education disputing accounts on their own is not the same as a credit repair company with years of experience.

The cost of credit repair is going to depend on a couple of factors, how long an individual is in the credit repair program and how many negative accounts are removed from the credit report.

There are pricing plans that charge per negative account deleted from the report and plans that charge a monthly fee. Pricing typically ranges between $100 and $1000. Be prepared to pay $100 per month to $200 per month for 4-6 months.

“Disputing” is often referred to when it comes to challenging accounts on a credit report. It is important to note that “disputing” is a very general term and could mean a wide variety of things. So, one person’s version of disputing accounts could be completely different that someone else’s. An individual with limited experience and credit education disputing accounts on their own is not the same as a credit repair company with years of experience.

The answer is that if an individual is in a tight spot financial and an extra $100 – $200 per month would be a significant financial burden then its best not to enroll into a credit repair program. Credit repair is best for someone who is currently in a stable financial position with the ability to pay for credit repair, their current bills, and be able to pay down credit cards.

There are pricing plans that charge per negative account deleted from the report and plans that charge a monthly fee. Pricing typically ranges between $100 and $1000. Be prepared to pay $100 per month to $200 per month for 4-6 months.

“Disputing” is often referred to when it comes to challenging accounts on a credit report. It is important to note that “disputing” is a very general term and could mean a wide variety of things. So, one person’s version of disputing accounts could be completely different that someone else’s. An individual with limited experience and credit education disputing accounts on their own is not the same as a credit repair company with years of experience.

We work with attorneys when necessary but in most cases an attorney’s help is not needed in the credit repair process. This work is all being done on the client’s behalf and so they step that are taken are supposed to be simple enough that a customer can do it themselves. Hiring an attorney would only be needed if a client planned to sue over a FCRA or FDCPA violation and we do refer to a local attorney for those cases. Having an attorney on retainer or on staff might sound more legitimate but it would increase pricing for the client.

There are pricing plans that charge per negative account deleted from the report and plans that charge a monthly fee. Pricing typically ranges between $100 and $1000. Be prepared to pay $100 per month to $200 per month for 4-6 months.

“Disputing” is often referred to when it comes to challenging accounts on a credit report. It is important to note that “disputing” is a very general term and could mean a wide variety of things. So, one person’s version of disputing accounts could be completely different that someone else’s. An individual with limited experience and credit education disputing accounts on their own is not the same as a credit repair company with years of experience.

The short answer to this question is that many credit repairs companies over promise and set unrealistic expectations. They do this to attract more clients and referral partners. When someone promises a 200-point score increase in 30 days many people get excited by that. Also, many companies just get started before they have had a chance to really understand how credit works. Make sure to ask the company you are working with to explain in detail exactly how the program works. Make sure they know their stuff!

There are pricing plans that charge per negative account deleted from the report and plans that charge a monthly fee. Pricing typically ranges between $100 and $1000. Be prepared to pay $100 per month to $200 per month for 4-6 months.

“Disputing” is often referred to when it comes to challenging accounts on a credit report. It is important to note that “disputing” is a very general term and could mean a wide variety of things. So, one person’s version of disputing accounts could be completely different that someone else’s. An individual with limited experience and credit education disputing accounts on their own is not the same as a credit repair company with years of experience.

Credit repair results vary, plain and simple. Sometimes negative accounts are just supposed to be on a credit report. If it were possible to pay $400-$500 and get every single negative account removed every single time, then everyone would have perfect credit.

If you are a client of ours or a referral partner of ours and you ask “Why didn’t more negative accounts get removed” that just means that we need to discuss in detail exactly how accounts are able to get removed. Once you understand exactly how it works you will never ask that question again because you will know the answer. Take the time to learn how credit repair works if working with a credit repair company is something you need to do personally or if you are going to referral your clients to credit repair.

There are pricing plans that charge per negative account deleted from the report and plans that charge a monthly fee. Pricing typically ranges between $100 and $1000. Be prepared to pay $100 per month to $200 per month for 4-6 months.

“Disputing” is often referred to when it comes to challenging accounts on a credit report. It is important to note that “disputing” is a very general term and could mean a wide variety of things. So, one person’s version of disputing accounts could be completely different that someone else’s. An individual with limited experience and credit education disputing accounts on their own is not the same as a credit repair company with years of experience.

This is the most important part of picking a good credit repair company. Pick a credit repair company that has a fair money back guarantee. If you are not 100% satisfied with the results you receive in a credit repair program you should not have to pay.

If you are a client of ours or a referral partner of ours and you ask “Why didn’t more negative accounts get removed” that just means that we need to discuss in detail exactly how accounts are able to get removed. Once you understand exactly how it works you will never ask that question again because you will know the answer. Take the time to learn how credit repair works if working with a credit repair company is something you need to do personally or if you are going to referral your clients to credit repair.

There are pricing plans that charge per negative account deleted from the report and plans that charge a monthly fee. Pricing typically ranges between $100 and $1000. Be prepared to pay $100 per month to $200 per month for 4-6 months.

“Disputing” is often referred to when it comes to challenging accounts on a credit report. It is important to note that “disputing” is a very general term and could mean a wide variety of things. So, one person’s version of disputing accounts could be completely different that someone else’s. An individual with limited experience and credit education disputing accounts on their own is not the same as a credit repair company with years of experience.

You can repair your own credit just like you can mow your own lawn, change your own oil, cut your own hair, do your own taxes, sell your own house without a Realtor, and represent yourself in court. Somehow credit repair has become the industry that everyone loves to tell people “Don’t hire someone to fix your credit, do it yourself”. But the person giving that advice never follows that up by giving good advice on how to repair it yourself. That advice has cost many people thousands in high interest rates because when someone tries to fix their own credit it is always possible that they do the wrong thing, spend more money and time than needed, or just do nothing. If repairing your credit, yourself were that easy everyone would do it. Ask yourself, are you really going to take the time to learn what professionals have been doing for years?

If you are a client of ours or a referral partner of ours and you ask “Why didn’t more negative accounts get removed” that just means that we need to discuss in detail exactly how accounts are able to get removed. Once you understand exactly how it works you will never ask that question again because you will know the answer. Take the time to learn how credit repair works if working with a credit repair company is something you need to do personally or if you are going to referral your clients to credit repair.

There are pricing plans that charge per negative account deleted from the report and plans that charge a monthly fee. Pricing typically ranges between $100 and $1000. Be prepared to pay $100 per month to $200 per month for 4-6 months.

“Disputing” is often referred to when it comes to challenging accounts on a credit report. It is important to note that “disputing” is a very general term and could mean a wide variety of things. So, one person’s version of disputing accounts could be completely different that someone else’s. An individual with limited experience and credit education disputing accounts on their own is not the same as a credit repair company with years of experience.

Any type of account can be removed from a credit report. Late pays, collections, charge offs, repos, bankruptcies, broken leases, foreclosures, etc.

If you are a client of ours or a referral partner of ours and you ask “Why didn’t more negative accounts get removed” that just means that we need to discuss in detail exactly how accounts are able to get removed. Once you understand exactly how it works you will never ask that question again because you will know the answer. Take the time to learn how credit repair works if working with a credit repair company is something you need to do personally or if you are going to referral your clients to credit repair.

There are pricing plans that charge per negative account deleted from the report and plans that charge a monthly fee. Pricing typically ranges between $100 and $1000. Be prepared to pay $100 per month to $200 per month for 4-6 months.

“Disputing” is often referred to when it comes to challenging accounts on a credit report. It is important to note that “disputing” is a very general term and could mean a wide variety of things. So, one person’s version of disputing accounts could be completely different that someone else’s. An individual with limited experience and credit education disputing accounts on their own is not the same as a credit repair company with years of experience.

It is possible but not likely for accounts to be reinserted after the are deleted from the credit     report. The credit bureaus must reinvestigate an account with the data furnisher when a consumer disputes the account. If the furnisher does not get back to the bureaus within 30 days, then the bureaus have to delete the account. But if the furnisher starts furnishing the data again then the bureaus can start reporting the account again. It is important to dispute and find reasons to get items removed and not stop until you find validate reasons to request deletion.

Usually not, the last step in our credit repair process is to get any remaining negative accounts    out of dispute before we sent the client back to their loan officer to repull credit. Make sure before you have your loan officer repull your credit that your remaining negative accounts are out of dispute status.

Absolutely! Credit impacts practically everything in a person’s life; interest rates  for a home or car loan, insurance coverage, or even employment! Having poor  credit can cost someone thousands and thousands of dollars in interest over the  course of a loan. Who wouldn’t want someone else to fix a huge problem they  have in addition to diminishing any stress related to the problem? We take the  pressure off our clients’ shoulders while providing the knowledge and tools to  maintain a healthy credit score for the rest of their life.

Under the Fair Credit Reporting Act (FCRA), consumers may request and obtain  all information about them within the files of a consumer reporting agency. If a  consumer reporting agency violates the FCRA, a consumer has the right to  request an investigation, file disputes, or sue the reporting agency as a last effort.  Using the rights provided to consumers in the FCRA, we correspond directly with  the credit bureaus and creditors to remove or correct any inaccurate, out of date,  or unverifiable information from our clients’ credit reports. We initiate an  investigation with the bureaus by sending inquiries regarding the validity of their  information. After receiving the inquiries, the reporting agencies must

VALIDATE, CORRECT, or REMOVE any derogatory marks. Although it would  be ideal for all disputes to be settled within the first round of correspondence, it  often takes multiple attempts before any results are seen. In the fourth through  sixth rounds of correspondence, we reach out to the creditors in addition to the  bureaus. We exercise the rights depicted in the FCRA and the CROA, in addition  to hold the reporting agencies accountable for their responsibilities asserted by the  Consumer Financial Protection Bureau (CFPB). This places all responsibility on

the reporting agencies and creditors to prove that the information they have is true  and correct.

  •  The first step in our process is a review of our client’s current credit report. One  of our credit repair experts will provide our client with a free credit repair  consultation. During the consultation, we discuss the different steps we will take  to repair their credit, what derogatory marks can be disputed, and different ways  for the client to help improve their credit.
  • The next step is enrollment. Our clients are able to enroll in our program through  our website (https://danew3.sg-host.com/get-started/). After enrolling, our clients are  provided with a personal online portal through which they can monitor their  progress, review any correspondence sent to the bureaus, upload necessary  documents, communicate with our team, and pay their bill.
  • It is required by law under the CROA for consumers to prove their identity. If a  consumer fails to provide proof of their identity, the bureaus may simply ignore  the dispute and leave the consumer with no answers. It is necessary to provide  two forms of ID, which can be any of the following:

▪ Driver’s License

▪ Utility Bill

▪ Pay Stub with Social Security number listed

▪ W2 Form

▪ Lease Agreement

▪ Bank Statement

▪ Cancelled Check

  • At least one form of ID MUST have the consumer’s correct and current address  listed
  • We require our clients to maintain a credit monitoring service for the duration of  their time in our program. In order to accurately track our clients’ progress, we  must have access to a true and correct monthly credit report.
  • Sites like Credit Karma and Credit Sesame do not report from all three bureaus.  Although they provide a free service, they do not provide adequate information  that can be used to accurately track progress.
  • Our office is in Dallas, Texas, however, we help people across the nation. We  currently have clients in more than 25 states. Our consultations are done over the  phone, so there’s no need to worry about coming into the office. The client online  portal provides the tools we need to affectively communicate with our clients  throughout their time in our program.
  • A LOT goes into this process, but we are going to cover every base and exhaust  every option to achieve a successful outcome. The time frame to improve a  person’s credit varies greatly and the results are tremendously situational. There  are several factors that impact the time it may take to achieve your goals. Some  factors include, but are not limited to:

    1. The amount of derogatory accounts on a client’s report.
    2. How recently the derogatory accounts were placed on a client’s report. 3. How frequently the derogatory account reported.
    3. The amount of open accounts a client has.
    4. The amount of credit cards a client has.
    5. What a client’s reported utilization percentage is.
    6. A client’s average credit age.
    7. The amount of recent inquiries.
    8. Any new late payments.
    We usually suggest allowing 3-6 months to see results.
  • No. Each account relates to one social security number, therefor, every participant  in our program has their own account.

  • We offer different pricing plans to best suit each client’s situation. During the free  consultation, our credit repair expert will explain the different pricing plans and  suggest which plan they believe will be the most cost-efficient option for what  needs to be done. Here is a link to our pricing plans on our website 

    https://danew3.sg-host.com/pricing/.

  • Many different factors effect credit scores, so it is not possible to say exactly how  much a client’s scores will increase. We do everything in our power to repair our  clients’ credit reports. Something to keep in mind; everything the CLIENT does  during this process influences the progress made. If a payment is made late, or a  hard inquiry is reported, the scores could be negatively impacted. Therefore, it is  so important to work together as a team during this process to ensure the best  possible results.

  • We focus on the items that are reported on our clients’ credit reports. Our goal is  to ensure that every item reported is accurate, current, and verifiable. If there are  derogatory marks on a client’s credit report that do not meet those standards, we  do everything in our power to get them removed. Our services are very different  from debt settlement. Debt settlement companies negotiate with creditors to create 

    payment plans for outstanding balances due.

  • We’re here to help you every step of the way. We communicate and exchange  information primarily through email and text message. This allows clients more  accessibility to our resources. However, we are also available by phone during our  normal business hours:

    ▪ 1(866)611-6560

    ▪ Monday – Friday 9:00am – 6:00pm

  •  Any questions or concerns can be emailed to support@danew3.sg-host.com.

  • Paying off collections can decrease your credit scores if the creditors do not  remove them after they are paid off.

  • We perform progress updates every 35 DAYS. The bureaus legally have 30 – 45  days to respond to any investigation requests. It is impossible for us to provide a  status update any faster than 35 days, because there will be no new information to  report.

Once we learn more about your goals, we will review your credit report and put together a customized game plan to help you reach those goals as quickly and inexpensively as possible! Once we review your report, we will be able to let you know exactly what we can do to help, about how long it will take, and a breakdown of how our pricing plans work. We will also be able to give you tips on everything that you can be doing on your end to improve your credit as much as possible!

Using this FICO pie chart that breaks down how credit scores are calculated we simply review the content on your credit report and we are able to see what needs to be done to improve your credit scores in order of importance.

When we review a report we use this information in order to know what needs to be done to improve the scores in order of importance.

Credit scores range from 300 – 850, leaving 550 available points, which are broken down into 5 categories.

PAYMENT HISTORY (35% or 192.5 Points) How much positive and Negative history do you have? How recent, frequent, and severe is the negative history?

AMOUNTS OWED (30% or 165 Points) Balance to limit ratios on Installment and Revolving Accounts.

LENGTH OF CREDIT HISTORY (15% or 82.5 Points) How much age do your accounts have? How old is your oldest account, how new is your newest, what is your average age of accounts?

NEW CREDIT/INQUIRIES (10% or 55 Points) How often are you applying for new accounts?

TYPES OF CREDIT (10% or 55 Points) What types of accounts do you have? Can you manage installment and revolving accounts? Having a healthy mix is important.

Work to get derogatory accounts removed by finding common violations of the consumer protection laws (Fair Credit Reporting Act and the Fair Debt Collection Practices Act) that the credit bureaus, collection agencies, and creditors are supposed to follow.

Once we find the violations, we write customized letters to the credit reporting agencies, creditors, and collection agencies on your behalf challenging the violations and demand the accounts be corrected or removed.

Credit repair can take 4-6 months to complete. The credit bureaus, by law, have 30-45 days to complete an investigation and make updates to the report. But many times they don’t do the investigation at all or they send a generic “Stall tactic” letter in the mail saying “We have verified these accounts belong to you”. These are violations that we will use to help get accounts removed but the back and forth between us and the bureaus can take time. Our program is month to month so you are not locked in for a certain period of time. We do have clients that are finished in a month or two sometimes but on average, a client is in our program for about 4 months and sometimes clients need longer.

When we send out dispute rounds, the law allows the credit bureaus, collectors, and creditors 30-45 days to investigate your disputes and update you with results. The way we came up with 35 days is that you have to allow time to do a reinvestigation and for the mail to get to them.

Now during the 35-day wait period, you can review the educational emails that we send you, watch the credit videos in the client portal, or continue with your personal business while we wait for results. One way to track your disputes and follow-ups is to track the date that your dispute rounds go out.

FEE FOR THE INITIAL WORK

For the initial process of finding inaccuracies, violations, outdated, and unverifiable information on your credit report and writing customized letters to the credit reporting agencies, creditors, and collection agencies on your behalf we charge a fee of $100 for an individual enrolling into the program or $200 for a couple enrolling.

FEE PER DELETION

LCCS charges $50 per account deleted per credit bureau. So, if one account is deleted from 1/3 credit bureaus the fee is $50, if one account is deleted from 2/3 credit bureaus the fee is $100, and if the fee is deleted from 3/3 credit bureaus the fee is $150.

 

Your balance will depend on how many deletions we end up getting. YOU DO NOT HAVE TO PAY THIS BALANCE ALL AT ONCE. We just set up monthly payments if you have a balance and we allow you to pay it off over time. (The minimum monthly payment we allow is $100 IF there is a balance, if there were no deletions then your bill is $0).

 

We allow you to pay a minimum of $100 per month toward your balance to make things easier on you BUT if you would like to pay your balance in full we will give you a 20% discount.

When you are the best at what you do, you can offer the best guarantee to your clients. At Lenders Choice Credit Solutions, we know credit inside and out. We can help you improve your credit scores. Period. If we do not help you increase your credit scores, we give you your money back. It’s that simple!

Yes it is required to keep open. The reason why credit monitoring is so important is because we need a way to track your credit scores and the negative items that get deleted. You will want to be able to know how your credit score is improving and how many negative items we are getting deleted as well. Without that, there is no way for you to know how we’re doing.

Unfortunately, we can not use Credit Karma for many reasons. Credit Karma only gives you two bureaus and scores and we want to make sure we improve all 3 of your scores since the lender will be going off of your middle credit score. Also, there is so much data that we need in order to get accounts removed that Credit Karma doesn’t report such as the Date of Last Activity and the Date of First Delinquency.

Each account relates to one social security number so every participant in our program must have their own account.

Ok we can absolutely use that for the consultation as long as you have it in a pdf format. Now if you do decide to hire us on, all of our clients are enrolled in a credit monitoring service. Are you familiar with credit monitoring? That will allow us to refresh your report every month and track your progress moving forward. We’ve been using a great site called IdentityIQ for a long time now and because we pull so many reports through them, they’ve given us a link we can send to our clients to get them a discounted rate. The great news is it’s only $1 when you sign up and $24.99/month after that. We only need you to keep this open while you’re in the program. As soon as you’re done, you can simply call and cancel the account if you’d like. Would you like me to go ahead and assist you with that or do you want to hop into your email right now and forward me the pdf version from the lender?

That’s a great question mr. Client. Did you know when you pay a Collection that your scores will actually go down? The reason this is the case is when you make a payment, the last date of activity for that account is updated to the day you paid it. And anytime a negative item has a newer or more recent date associated with it, it is weighted heavier than something that is older. Which is why you’ll see the drop in your scores. Worst part is, after you pay it, the negative account will remain on your report for 7 years. The bureaus will not remove the collection of your report, they will simply mark it as a PAID COLLECTION which still affects your scores. This is why we want to REMOVE the negative accounts because that will instantly increase your scores.

There are a lot of programs out there that do Simple Bureau Level Disputes only – this means they only dispute the bureaus. This is a big mistake because more than likely, the item will simply be rereported by the collection agency or the creditor and it will pop back up. We don’t do that. We dispute ALL sources involved (Bureaus, Collection agencies, and Original Creditors).

And because of the way we do our dispute process, it is very unlikely that anything will be reinserted back on your report (Probably less than 5%). Just so you know how the process will go, if anything does resurface, which again if we got it removed that means it was reporting unlawfully so they’re not supposed to rereport it BUT we will refund you any money you spent for that negative item and we will go after and delete it again. And if we get it removed the first time, we’ll be able to remove it again.

Yes, technically you can do it on your own. Just like if your engine blew out today, you could pop the hood and try and fix it yourself. But let me ask you, what would be your plan and how would you go about removing the negative accounts? Online disputes simply don’t work. If they did, everyone would have great credit. You may get lucky and get a few things off but about 95% of the time, those items will pop back up on your report. Here’s what a lot of people don’t know – when someone disputes an item online they waive their right to arbitration. If that person understood the consumer protection laws at all, they’d understand that the way you remove negative items in the first place is by having leverage. Leverage to sue, leverage to write a complaint to the FTC or CFPB (higher authorities that can also sue or shut them down for violating the law). So when someone goes online and clicks the dispute button, they’re waiving their right to be able to do those things. And those things are what gives you the power as a consumer to remove the negative accounts.

Since every client is unique, we can give you a custom answer depending on your exact scenario. It is common for our clients to see an increase of 100+ points by the time they complete the program.

Once we have completed the initial consultation and have a gameplan on what needs to be done your credit consultant will email you the enroll form to complete.

The credit bureaus require two forms of ID to verify your identity when you start challenging accounts on your report.

The client portal is where you can login to check your progress, see how much your scores have improved, see what accounts have been deleted, upload documents, learn more about how credit works, and communicate with our team about your file. When you enroll into the program you will get an email from Lenders Choice Credit Solutions with instructions on how to login to your client portal.

That is great! Simply forward what you received to us through the client portal. At that point, we will review your updates and respond accordingly once the 35 days has expired unless we have received all updates from all three credit bureaus.

If this is the case, we need to know right away as the organizations are not following the laws put in place to protect you. You can just email Support@danew3.sg-host.com and let us know that you have not received anything in the mail. If the bureaus do not reply it actually helps our chances of getting accounts removed because not replying is a violation of the Fair Credit Reporting Act.

As a result of this, we will escalate the matter and file complaints with one or more of the three organizations:

  • Consumer Financial Protection Bureau
  • Attorney General’s office
  • Better Business Bureau

Bureaus, creditors and collection companies don’t always send response letters, even if deletions occur. Sometimes, they won’t send response letters up until 3-4 months from when dispute letters have been sent to them. This is normal and you will most likely receive letters after you’ve been in our program for 3 months. 

The credit bureaus receive 1000s of dispute letters every single day and many of those letters are sent by individuals who are attempting to repair their own credit so they are disputing the negative accounts on their report. The problem is that most of these people do not know how to dispute these accounts correctly and so they end up just sending the same or similar letters over and over again hoping that an account will get removed. The credit bureaus see this as frivolous and they are legally allowed to ignore those letters because it costs them money every time they reinvestigate an account that is being disputed. The credit bureaus hope that these people will then give up and not continue to challenge derogatory accounts anymore out of frustration. At the end of the day, the credit bureaus have to follow the law and if there are legitimate violations on your report then the bureaus have to do a reinvestigation and correct or delete the violations. If you receive a stall tactic letter do not worry or become discouraged. Just take a picture of it, email it over to Support@danew3.sg-host.com and we will take care of the rest.

We will complete a review on your updated credit report every 30-35 days. Once that review is complete, you will receive an email notifying you that your update is ready to be viewed accompanied by login information so that you can log into your portal. Along with this email, someone from our team will email you a breakdown of the changes to your report, notify you of any deletions or updates that occurred, and answer any questions that you may have. Once you review the file review update to see the progress being made feel free to email Support@danew3.sg-host.com if you have any questions.

The thing that impacts your credit scores the most is your payment history so if while you are in the program new late payments, collections accounts, or charge offs show up on your credit report then your scores will likely go down. If this happens we will start working on any new negative accounts to try to get them removed as well. Another way your scores could go down is if you close your open account(s). Let’s say you only have one account that is an open account on your credit report (for this example let’s say it’s an auto loan) so while this account is open and you are making on time payments this one account is the only thing helping you build a positive payment history. If you were to pay this car off and the account closes then you would no longer have any open accounts or any way to build a positive payment history. Another way your scores could drop is if you open up new accounts while you are in the program unless we have previously advised you to do so. It is not always a good thing for your credit scores to open new accounts so you should only do it strategically when told by a credit expert. Lastly, If you have a credit card or credit cards and the balances increase while you are in the program then that also could lower your scores. Before making any major decisions it is always a good idea to email Support@danew3.sg-host.com first to ask if what you are thinking about doing could lower your credit scores.

Just email Support@danew3.sg-host.com to update any information and one of our team members will may the changes to your file right away.

We prefer that you let us refresh your credit report for you on the date that your review is scheduled. We like to make sure that your credit report is as accurate as possible. The credit bureaus legally have 30 days upon receipt of dispute letters to respond. If your report is refreshed too early, there could be deletions or updates that have occurred but may not be showing.

We ask that you hold off from applying for any new credit as new debt is considered a risk by the credit bureaus which can in turn affect your scores. Applying for new credit also affects your scores as a new hard inquiry will be inserted into your credit report. On average, each hard inquiry can affect scores 7-10 points. The only thing that we do suggest applying for while you’re in our program is a secured credit card if you don’t already have any open credit cards. An open revolving account (credit cards, charge accounts) helps with your credit utilization which accounts for 30% of your total score. If you don’t have an open revolving account, you’re scoring a 0 for that portion of your total score.  If you have any questions about this email Support@danew3.sg-host.com.

For every client you refer to us that enrolls into the program we will either discount your current bill by $50 or we will mail you a gift card for $50 as a thank you!

 

Teachers, firefighters, police officers, active military, and veterans receive a 50% off discount on deletion fees as a thank you!

 

If you have a balance of $200 or more for the deletions that we have gotten for you and you decide to pay that balance in full instead of doing the $100 per month option then we will give you a 20% discount.

Still have any questions?

Call center

866-611-6560

Email address

support@danew3.sg-host.com