Yes It is- The Fair Credit Reporting Act gives you the right to dispute any incorrect information on your credit reports. Consumer reporting agencies are required to correct or delete inaccurate, incomplete or unverifiable information within 30 days of dispute.
Credit monitoring is the process of periodically reviewing your credit reports for accuracy. Credit monitoring helps protect you against identity theft and with monitoring you are notified of any changes made to your credit profile. Yes - You will need credit monitoring - but this will be included with your monthly fee.
Our clients usually see results within 60 days but the credit bureaus have up to 45 days to process each set of disputes. The repair process can take up to 3-12 months depending on the number of items we need to dispute. In Texas - A new consumer agreement will need to be signed every 6 months of service.
Yes items can re-appear. Negative accounts that have been deleted may later reappear if verified by a creditor. According to the Fair Credit Reporting Act the credit bureau must inform you (the consumer) before they re-report a previously deleted listing. The Fair Credit Reporting Act does make it hard to re-report listings, because of this it is very rare but can occur. If this situation does ever occur we will help you challenge the listing.
35%—Record of both timely and untimely payments.
30%—The amounts and types of outstanding debt
15%—The time since an account has been opened
10%—Number of recently opened accounts and recent inquiries
10%—Number and types of accounts such as credit cards, online store cards, retail store cards