What is Credit Repair?
Accurate Credit and Good Credit
Credit repair is the act of obtaining an accurate
credit report. Credit repair can also represent
the initiative to establish better credit.
Perhaps you know people who are trying to,
"fix their credit, improve their credit
or raise their credit score." All of these
phrases suggest Credit repair.
Identity Theft, Inaccurate
Credit Reporting, Misspellings or Incorrect
Personal Information can lower your credit score
and often prompt credit repair.
The Credit Repair Process
If you have inaccuracies on your credit report,
you deserve to have them taken off so that your
credibility can improve. To repair your credit,
any disputes you have need to be communicated
to the credit bureaus. Under the Fair Credit
Reporting Act, creditors are required to find
proof that you are responsible for a discrepancy
within thirty days. If they cannot find proof
because the information is inaccurate, it must
be taken off of your credit report. You can
also improve your credit problems by paying
off bills and forming better financial habits.
Maybe you don't even have bad credit, maybe
you just need tips to build useful credit. Innovative
Credit Consultants can help.
Creditors tried to make credit repair difficult.
In result The Fair Credit Reporting Act was
passed in 1970, amended in 2001 and protects
consumers from illegal actions conducted previously
by the credit bureaus. Credit repair is the
act of being allowed to dispute questionable
items and have unverifiable or untrue information
Credit Repair Experts
At Innovative Credit Consultants, we are compelled
to help consumer reach their credit goals. We
can help you repair a bad credit report that is
the result of inaccurate information submitted
to the credit bureaus. We will also teach you
how to improve your credit habits so that your
credit report leads you to opportunity. While
we cannot remove black marks on your credit report
that are accurate, we can help you build that
credit back up. Register with us for a free consultation
to begin your credit repair journey!
Credit Repair Laws and Acts
Innovative Credit Consultants follows the laws
implemented by the Fair Credit Reporting Act.
Here are links that explain the FCRA and other
laws you should understand.
Simply click on one of the links below for
specifics on each Act. (opens pdf)
Debt Collections Practices Act
Credit Reporting Act
and Accurate Credit Transactions Act
Insurance Portability and Accountability Act