The Job of a Credit Repair Specialist


 

A credit repair business should be the first point of contact for people when they discover negative credit information on their credit reports. 

Not everyone knows which items on a credit report can be disputed, and this is where credit repair specialists come into the picture.

Here’s a deeper look into the job of a credit repair specialist and what it entails:

Legal Knowledge

A credit repair agent needs to be familiar with the laws that impact their work. The four main laws that fall into this category include:

·         The Fair and Accurate Credit Transactions Act

·         The Credit Repair Organizations Act

·         Fair Debt Collection Practices Act

·         The Fair Credit Reporting Act

Rules to Follow

When you’re working with a credit repair agent, note that they should follow these rules:

1.      They shouldn’t charge you before performing any services for you.

2.      They shouldn’t offer guarantees of getting negative credit information removed from your report.

3.      They should provide you with a written contract.

4.      They shouldn’t dissuade you from contacting credit reporting bureaus directly.

5.      They should ensure that you know you can dispute the negative credit information independently.

What a Credit Repair Specialist Does

Once you’ve signed a contract with them, a credit repair professional will start by going through your complete credit reports from all three credit bureaus—Equifax, Trans Union, and Experian. 

Specifically, they’ll be looking for items that may be removed from your report under the Fair Credit Reporting Act.

Once all such items have been identified, credit repair professionals will start the dispute process. They’ll prepare letters or emails to the three credit bureaus on your behalf. 

This communication needs to be specific and include your credit information. Blanket dispute letters are likely to be ignored by the credit bureaus.

In addition to being an effective credit dispute manager, a credit repair agent also acts as an adviser. They can educate you on the different ways of handling negative credit information. Some options include:

·         Disputing

·         Settling

·         Paying off

·         Waiting until the credit reporting time limit has expired

Conclusion

Working with a credit repair professional is often the more convenient option. If you’ve found negative information, or suspect that your credit reports have some mistakes, it’s advisable to get in touch with a credit repair service.

 About Startup Credit Repair Business

Startup Credit Repair Business is the company that has designed and launched Client Dispute Manager, a credit repair business software. 

Besides making it easy to handle disputes, the software also includes credit repair business training. For more information, contact the company through its website or at 1-888-959-1462.

 

 

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