Tips and Facts

Credit Repair is Legal

The law gives you the right to dispute any negative mark on your credit reports that you feel may be inaccurate, untimely, misleading or unverifiable. If a credit bureau cannot verify the accuracy of a negative credit, then it must be removed from your credit report. The Fair Credit Reporting Act (FCRA) gives you the right to accurate credit reporting.

Our simple process:

  1. Send a copy of your valid Drivers license, Social Security Card and two Utility bills with your current address.
  2. Send a deposit by Personal Check, Money order or Cashier's check written to: Legal Credit Repair.
  3. When you receive your credit reports from Transunion, Experian and Equifax, send them to us.
  4. After we receive the reports, our processing department will begin the Credit Repair Process.

Note: Make a copy of everything that you receive from the Credit reporting bureaus for your records and then send us the originals.

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Frequently Asked Questions

  • Q: What to expect in the credit repair process.
  • A: Free, complete, and accurate credit report from; Transunion, Experian and Equifax. An investigation from the Bureaus, Fraud Alerts, and proof of identity paperwork. B. Initially, you may receive verification letters as stated above before you see actual deletions. C. Terms with appear on your reports such as; Updated, Remains or deleted during the process.
  • Q: How does the Process work?
  • A: We submit legal letters disputing any negative items that may be reflecting on your credit reports.
  • Q: What is the cost to you?
  • A: Deposit may be required,however; complete payment not required until services are rendered.
  • Q: How long does the process take?
  • A: The entire process may take from 3 to 8 months before all derogatory items have been deleted from your profiles and your credit is in good standing. However, you will begin to see results within the first 45 days.

How credit scores can work
for you (or against you)

FICO scores range between 300 and 850. A score over 750 is considered excellent; less than 620 is risky. Here are two examples of how scores impact your wallet.

High Credit Scores

  • If you have a high credit score of 760 to 850
    and apply for a $216,00 home loan with a 30-year, fixed- rate mortgage, your interest rate maybe be, for example 6.02%

Lower Credit Scores

  • If you have a credit score of 620 to 639 and apply for the same home loan at the same time, your interest rate may be 7.61%, which averages to $229 more a month on the mortgage.

After one year, the person with the lower credit score may pay $2,748 more than the person with the higher credit score.

Noting the effects of Good verses Bad
Credit in the work place

While a good credit score will not guarantee you a job or promotion, a bad credit score can actually hurt chances.
Today, about 35% of the companies currently use credit reports when making hiring, promotion, or firing decisions. It is through that the majority of credit histories are requested for new employees to verify past employment history, and are associated with positions that are finance oriented or
involved in the handling of cash.

More serious types of negative credit issues (like a bankruptcy or tax lien) can signal to a potential employer that the prospective employee is suffering severe financial difficulties that could lead to increased personal stress and poor job performance.

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