Start your 2017 New Year Fresh, With a New Outlook on Life with Fresh Start Credit Repair
Credit Repair in California
Fresh Start Credit Repair (FSCR) has unincorporated been in business for many years. During the many years of mortgage lending in the mid-2000’s, FSCR provided many benefits for a successful piece of a mortgage program to work; credit restoration. Prior to the mortgage crisis/housing bubble in 2007, FSCR was generating more letters each month to succumb to the highest standards of obtaining a home loan with a minimal credit score of 620. There were several events that triggered FSCR into action.
Starting fresh with Fresh Start Credit Repair is one of many solutions to getting someone’s credit and life on back on track (for those who are in a position that has less than sub-par credit ratings). FSCR would like to think that we are the only company that has the capabilities of assisting someone fix their credit. During the educational learning curve that FSCR endured, the company enacted and became licensed in 2016.
Talking about your personal credit and history is a controversial topic, so let’s get down to the nuts and bolts. It can be difficult to filter through all the available information and determine where to begin with a new client. While each client is different and our approach to each will vary, the basic process outlined here will give you a general framework for moving forward. Here are the basic steps to repairing credit for clients:
Step 1: Free Consultation.
Talk with a FSCR Representative regarding your credit repair options, and decide the best course of action. During the consult, the advisor will discuss with you the correct road to a financial success in efforts to educate on building a better score, and advise corrections that can be made.
Step 2: Acquire and Analyze the Client’s Credit Reports & Debt Management Plan.
What FSCR will do is inform the member to attain a credit report with all three credit bureaus through Privacy Guard, a third-party credit monitoring service. You can attain your full credit report disclosure at www.privacyguard.com. The member will give FSCR’s staff the log in information so that FSCR can work on the member’s behalf. Once you let FSCR attain copies of the Privacy Guard reports, the FSCR Advisor will analyze the report to find inaccuracies, redundancies, or unverifiable information that can be disputed. The FSCR Advisor will inform the client to determine a course of action. FSCR ensures to educate the client on what they can expect and what we will need from them (i.e. updating you on responses from bureaus in a timely manner). If needed, the client can obtain a secured credit card with our company to help build their credit at: https://www.creditbuildercard.com/freshstart.html.
Step 3: Drafting Dispute Letters.
Creating dispute letters for the member is a key function of the disputing process. FSCR ensures to list each item that we are disputing and the reason(s) why and FSCR sends this information to the Credit Bureaus. We include all supporting documentation (payment receipts, etc.) and copies of the client’s identification documents. FSCR will NOT procrastinate on sending dispute letters unless the member fails to give the FSCR Advisor the information to Privacy Guard the information needed to dispute on his/her behalf.
Step 4: Send and track dispute letters.
FSCR sends the letters as soon as possible. FSCR highly recommends sending them via certified mail with return receipt so you know exactly when the bureau receives your dispute. The Fair Credit Reporting Act (FCRA) gives the bureau 30 days to investigate a claim.
Step 5: Maintain Your Privacy Guard Account.
The credit bureau will respond to our clients directly via mail. The response will indicate either that the dispute was confirmed and modified/removed from the credit report or that the item was confirmed and or will remain. Since we are using credit repair cloud software, FSCR will have the client scan and upload the response: this is typically the most effective way to collect responses. If the client does not use the software or have internet capabilities, FSCR can ask clients to mail the credit report copies, or scan and email/fax them to FSCR. The member can also take a picture of the Investigative Results page, and email them to firstname.lastname@example.org.
Step 6: Follow up. Be persistent!
If the bureau has not removed the item from your client’s credit report, FSCR sends a follow-up letters reiterating the dispute and the reasoning behind it. FSCR may have to dispute the same item several times. FSCR will reword the letter so that the bureau’s computer systems don’t reject it as “frivolous”. FSCR checks items that were removed off the action plan you made in Step 1. This will show clients that FSCR’s interventions are worthwhile.
Step 7: Referrals!
We ask that all members reach out to family and friends (they too may have “other” family and friends who may desire our services but don’t know how to reach us) that will financially help their situation too. You can also reach us on Facebook at www.facebook.com/startyourcreditfresh.
Many people ask, “How does the credit bureaus calculate credit scores if there are so many different lines of credit variations?” Credit scores are reported based on the following approximate formula:
- 35% payment history
- 30% amounts owed
- 15% length of credit history
- 10% inquiries/recent credit decisions
- 10% types of credit used
While these percentages listed above is a theory, no one will truly understand how the exact calculation are formatted to get the actual score, but is referenced in the formulated guideline as discussed.
Starting fresh with Fresh Start Credit Repair (FSCR), many other questions surface as to whether credit repair is even legal. Yes, credit repair is legal and it works because of the law. The law is the Fair Credit Reporting Act, which was set up by the FTC (Federal Trade Commission Act) to protect consumers. The FCRA (Fair Credit Reporting Act) gives you the right to dispute any item on a credit 286 report. If that item cannot be verified it must be removed. That is the foundation of all credit repair. The FCRA’s summary is listed below:
A Summary of Your Rights Under the Fair Credit Reporting Act
The federal Fair Credit Reporting Act (FCRA) promotes the accuracy, fairness, and privacy of information in the files of consumer reporting agencies. There are many types of consumer reporting agencies, including credit bureaus and specialty agencies (such as agencies that sell information about check writing histories, medical records, and rental history records). You can view a detailed summary of your major rights under the FCRA (Fair Credit Reporting Act).
For more information, including information about additional rights, go to www.ftc.gov/credit or write to: Consumer Response Center, Room 130-A, Federal Trade Commission, 600 Pennsylvania Ave. N.W., Washington, D.C. 20580.
So, know you know quite a bit about credit repair, give Fresh Start Credit Repair a call at (855)635-3365 or simply visit www.startyourcreditfresh.com. Again, you may also obtain a secured credit card here: https://www.creditbuildercard.com/freshstart.html.
FSCR’s advisory staff can assist you with a FREE Consultation at NO COST to you! Yes, you heard that right. While most attorney’s charge an astronomical retainer fee, FSCR does NOT. In fact, the fees at not even a tenth of what an attorney charges. Additionally, an attorney drives a hard core hourly fee. FSCR again, DOES NOT! We charge only by the monthly services that FSCR conducts. Lastly, we cater to Active Military, Veterans, and Police Services. So, “Let’s Make Your Credit Again” and start fresh with Fresh Start Credit Repair.