BEWARE OF CREDIT REPAIR

SPECIAL REPORT—There is no such thing as credit repair!
Over 50% of Americans will need to improve their financial situation before they purchase a home, refinance their present home apply for an auto loan or attempt to get any other credit.
You, like many others, may be tempted to use so-called "credit repair" companies to help you with your credit troubles. For years, credit repair counselors, credit doctors, and credit attorneys have claimed that they can "increase your scores in 30-60 days," or "delete any derogatory information from your credit report." They will dispute all derogatory credit information on your credit profile with the 3 credit bureaus on your behalf. We call this the "Write and Pray" method, write and pray the problem will go away. Frivolous disputes are recorded by the bureaus and can have a negative effect limiting your ability to properly resolve items. Do not be fooled! What you may, or may not already know is that THERE IS NO SUCH THING AS CREDIT REPAIR! Do not use companies that claim they can "legally remove" items, or "delete" valid, verifiable information from a credit report. If they can really do what they claim, no one would have bad credit. Below you will see some of the gimmicks and tactics used by credit repair companies to entice many Americans into using their programs. You will be amazed! With OUR SERVICES' you will learn how we can assist you in resolving your credit issues and the difference between Let's Talk Credit Scores and so-called 'credit repair' companies and how it can help you with the largest life affecting aspect YOUR CREDIT.
LET'S TALK CREDIT SCORES vs. CREDIT REPAIR
The main premise of credit repair revolves around "disputing and challenging" derogatory information from your credit report. The bureaus contact the creditor for validation. In theory, the credit bureaus have 30-days by law to respond to your dispute or they must, by law remove this item from your report. However, through technological advancements, these requests are processed in no time at all. Credit repair companies will then re-dispute items over and over each month praying someone will slip up (doesn't happen today). This is the perfect case of 'The Boy Who Cried Wolf.' The bureaus will respond to you in a letter stating something to the effect of "Please stop attempting to make frivolous disputes. Your accounts have been verified to be yours and will remain on your credit report." Your file is notated each time you contact the bureaus. Now what do you think will happen when you are really trying to resolve something that really is incorrectly reporting on your profile? The bureaus will ignore all future requests on that item, even valid ones. Don't let this happen to you! Below, we have listed some of the major claims that credit repair companies make towards consumers to entice them into working with them. We encourage you to do a simple search online under "credit repair" and view some of the many companies out there claiming that they can do some of the things listed below. You are now smarter than the average bear. You will know better. Please see 'OUR SERVICES' to learn how we can be of value to you and avoid getting scammed by another credit repair company. Start being helped and stop being hurt.
Taken directly from a letter from Equifax to a consumer: There is a brisk business among so-called "credit-repair" companies that charge from $50 to more than $1000 to "fix your credit file." In many cases, these so-called "credit repair" companies take your money and do little or nothing to improve your credit file. There are no quick or easy cures for poor credit history. If a credit repair company promises you it can clean up your credit file, remember the following: 1. Your credit history is maintained by private companies called credit reporting agencies that collect information reported to them by banks, mortgage companies, department stores, and other creditors. They also retrieve public information from courthouses. 2. These credit-reporting agencies can legally report accurate credit information for seven to ten years as well as some bankruptcy information for ten years. 3. Information cannot be erased from your file by companies advertising "credit repair" or anyone else making these types of claims if the information is accurate and meets legal time restrictions for reporting credit information 4. The only information in your credit profile that can be changed is information found to be inaccurate. - Equifax Let's Talk Credit Scores provides everything for an individual's credit report and score: Education, advice, and most importantly the assistance of properly resolving any issues you might have. We share with you everything you need to know about improving and maintaining a higher credit score. It's not just about "paying off" outstanding debts. You could still have a low score if you have never missed a payment. There is valuable information and advice that we can share with you in managing and maintaining good credit. In some cases, you may have some leg-work needed to be done such as contacting creditors, researching accounts, negotiating settlements, preparing letters to update verified information with the bureaus, etc. If you do not have the time or patience to do any necessary leg-work that may be required, you can hire us to do it all for you. FALSE CLAIM: Credit Repair companies claim they can legally remove, delete, or eliminate valid, verifiable information from your credit profile. LTCS TRUTH: These companies boast they have removed "thousands" of items from credit reports to date. All they are doing is simply updating inaccurate information - not deleting verifiable information. In the rare cases that they do have something deleted where a creditor could not respond in 30-days or less, it will only pop-up once again down the line when the creditor does finally respond, and after you have paid hundreds, or thousands of dollars to have it once removed. And homebuyers beware! Public records will still come up under a title search even if they do not show on your credit report. FALSE CLAIM: Beware of companies that boast 'debt consolidation,' 'debt settlement,' credit counseling,' etc.

　
　
SPECIAL REPORT—There is no such thing as credit repair!
FALSE CLAIM: They offer you a "100% money-back guarantee."
LTCS TRUTH: Read between the lines! Most "guarantees" are effective if you have completed their specified time of contract (typically 1 year) and if your scores have not gone up. Simply pay your bills on time each month for a year and your score will absolutely go up! Your scores will go up if they do not get anything deleted, thus voiding your "money-back guarantee."
FALSE CLAIM: Many companies take pride in claiming that they have teams of Attorneys that can assist you with powerful legal backing.
LTCS TRUTH: Often times, Attorneys will know no more than you do about resolving many issues at hand. Remember, we have already established that there are no "legal loopholes" or legal tactics to have items magically erased from your credit report. Now why would you need to hire an Attorney to do anything for you regarding your credit profile? And do you not think that the credit bureaus do have any legal counsel?
FALSE CLAIM: The famous claim "Removing old, negative items makes your scores go up!"
LTCS TRUTH: Did you know that the most significant impacts on your score are affected from anything within the past 24 months? If a company could get a delinquent payment deleted from your credit report from 4 years ago, or that old collection form 5 years ago, it would have virtually no impact on your score. The most important factor for raising your scores are open, revolving accounts…. Credit cards! Have them, use them… you need them!
FALSE CLAIM: "The client saves significantly more compared to the cost of service."
LTCS TRUTH: Time and time again, we work with people that were charged $1500, $1900, $2400 and more. They were promised that their derogatory information would be removed from their credit report. Most of them had outstanding debts that totaled less than they were being charged to have them removed! Pay your debts, for less than what it would cost you to have them attempted to be removed! Now, not only are you still stuck paying them, but also out the extra $1500, etc. that you paid your "credit repair" company to try and have them removed! Think about the time also lost in attempting to have things removed when they could have been resolved a year ago the proper way.
FALSE CLAIM: Companies claiming to "Add seasoned trade-lines to your account."
LTCS TRUTH: What they are doing is adding you as an authorized user under their networked pool of people for upwards of $1000 per account promising this will increase you scores over 100 points. Please click on the following link. You will see how the credit scoring model is changing because the credit bureaus have caught on to this quick fix scheme. Don't waste your money! It will not help you! http://www.credit.com/credit_information/credit_report/Consumer-Alert-FICO-Formula-Changes.jsp
For additional information please call 732 439-8230 or email aristafg@gmail.com.