San Diego, CA
Most people do not know that a “Late Payment” on even 1 account can lower a credit score by as much as 50-120 points. Facts show that ate payments quite often lead to non-payments. If you stop paying on an account altogether within a few months that account will be “charged-off” by the creditor and when that happens your credit score goes down another 50-80 points.
Charged-Off accounts get sent to a 3rd party debt collector and when they start calling you 4 times a day they also put a “Collections” notice on your credit report and once again your score drops another 30-50 points. That’s a total of “3 Negatives” on your credit report and a decrease in your credit score of between 130-250 points. This all could end up happening to you because of just 1 late payment. This is a downward spiral that keeps getting worse. Take control over your credit this new year.
San Diego, CA
Have you heared? It is “rigged” against you: The verification process of the 3 credit bureaus is not designed for you to prevail.
That cant be right Can it? The agencies have collaborated through their trade organization to automate the entire investigation and re-investigation process using an online computer program. What this means is that the dispute is given a 2-digit ID code simplifying the disputes- so no matter how much documentation you enclose it does not translate. The bureaus do not convey the full dispute or forward any of the documents to the furnishers.
Almost all consumer disputes are VERIFIED and they are not verified in your favor. This means you need a new way to repair and regain your credit. We have the only system we know of that actually works- and it works fast. Try our Clear Credit Guide and do this yourself for free. This is the most advanced system currently available. Only $97 introductory price (Over $300 off reg price)