Negative information on your credit report will definitely damage your creditworthiness. The time it takes to repair your credit will usually vary depending on a number of things such as how serious the financial difficulties were, how severely they affected your credit history and what you want to accomplish once your credit is fixed. It could take just a few weeks, or it could require several months of commitment. If you are looking to repair your credit with a specific goal in mind, like buying a house or negotiating an interest rate with a lender, it’s important to know how long the process can take so you can plan ahead effectively.
You may want to start by ordering a copy of your credit report. Since everyone’s credit history is unique, paying attention to the factors affecting your credit score will help you gain a clear understanding of what you can do to repair your credit over time.
In this article, you will find information that will help you understand the different time spans involved in the process of repairing your credit and why DeletionExpert.com is a great alternative to help remove negative information from your report. But, before that, let’s take a look at some agencies that will be involved in the process of repairing your credit:
Federal Trade Commission (FTC)
The FTC was created as an independent US agency to promote consumer protection and the prevention of anti-competitive business practices such as coercive monopoly.
Bureau of Consumer Protection
The main mission of the Bureau of Consumer Protection is to protect consumers from deceptive or unfair actions or practices in commerce. They carry this function through investigations, enforcement actions, and educational programs.
Credit bureaus receive millions of dispute letters every day. They have automated virtually everything. Computer programs read, classify, analyze and dispose each dispute in seconds without real human verification. Disputing letters are rarely ever read. Because of this, any proof you have in the dispute is rarely looked at by human eyes. This is often not a fair practice but it tends to be an industry standard.
At DeletionExpert.com we offer two effective methods that will help you in removing all negative items to repair your credit report with minimum time and effort, based on your particular situation and/or requirements.
Manual Credit Repair (MCR)
Manau Credit Repair was created for people who have negative items that need to be deleted from their credit report. This is a strategy that has been developed here at Deletionexpert.com which involves writing custom-made, unique and hand-written disputes. The letters are written with a variety of different handwriting styles and unusual handwriting that is hard for credit bureau computers to read and analyze, forcing the bureau to assign a human to attend your requirement and determine actions to deal with it. When this happens your chances of removing negative items increase significantly.
How Long Does this Manual Process Take?
As soon as you sign up for this service your credit report will be analyzed and negative items will be prioritized. This process happens on the very first day. After that, during the next 3 to 5 days, handwritten dispute letters are designed to get the attention of human inspectors to persuade them to remove the negative items.
These letters are mailed to credit dispute departments, the credit bureaus, and the FTC as a way to get your credit repaired as quickly as possible. We don't stop there. After the letters are sent the process is repeated until all of the negative items are removed. Usually within 3 to 6 weeks, a good portion of your negative items will be removed from your credit report and if there are still some items remaining we continue disputing them until they disappear. Your credit history will be completely cleaned up and your credit scores will increase significantly.
Fast Credit Sweep
The Fast Credit Sweep is another method used by our company. If your identity has been stolen then your credit score can be dramatically damaged. This situation is tedious and difficult to resolve. So, this method was designed for people who were affected by identity theft in one way or another.
Based on the Fair Credit Reporting Act (FCRA), which was created to protect the privacy of consumers, credit bureaus are required to remove all accounts resulting from identity theft from your credit report. At DeletionExpert.com we have created a unique method to facilitate and speed up this process.
How Long Does This Process Take?
The Fast Credit Sweep method takes about 1 to 3 weeks to do its magic. Having the FTC as an ally, we can require the bureaus to remove all the negatives items resulting from identity theft from your credit report immediately. If your identity was used by another person and the charges made are damaging your credit report the FTC will work in your favor.
A Fast Credit Sweep is a process through which we use the sections of the FCRA to force credit bureaus to remove negative accounts from your credit report. In the first day, we analyze your credit report and select negative items that need to be removed.
Then, we prepare and notarize the Identity Theft Affidavit document and show you how to file a police report. We then send this documentation—including the police report—to the creditor, the credit bureaus, and the FTC.
We begin monitoring your report to see the negative information and accounts drop off and then begin the process again with those that remain until all negative items are deleted. Under the FTC requirements, once a dispute is approved it must be deleted immediately, so we can expect changes within 3 weeks.
Having a decent credit score helps you save money and improves your chances of obtaining low interest rate financing. There are many other benefits such as easy approval for renting spaces, cell phone contracts with no security deposit, lower car insurance rates along with many other great deals. So, if you need help to repair your credit don’t hesitate and sign up with us at DeletionExpert.com. Starting at just $499!
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