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HOW LONG DOES
YOUR SERVICE TAKE TO IMPROVE MY CREDIT?
We cannot guarantee your credit will be improved to
the extent that you and Credit Team desire by a certain
date. What we can do is inform you how long it has taken
to restore previous clients’ credit.
Though you will see results within the first five weeks,
you generally see strong improvement within as little
as four months. Credit Team contracts with you for a
full year.
WE BACK OUR PROGRAM WITH A FULL WARRANTY.
After twelve months
from signed contract date, if the client requests
it, the Credit Team will add up each deleted or improved
credit listing and will assign a value of $75.00 to
each such item. If the client had very few items to
begin with, 1-3 fee range, the value to each item
will be $99.00. If that total is not greater than
the total fees paid by the client, the difference
will be refunded. Warranty expires 45 days from end
of contract. Warranty is voided if the client does
not forward credit reports to Credit Team in a timely
manner.
CAN ANYONE DISPUTE THEIR OWN CREDIT AND GET THE SAME RESULTS?
Yes, anyone can dispute their own credit reports, just as you can be your own attorney, accountant, car mechanic, etc. Getting the results you are looking for is amazingly difficult, complex and can be extremely frustrating. It is no coincidence that the Federal Trade Commission receives more complaints against credit bureaus than any other type of business.
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| NEWS FLASH: Credit Bureaus to Pay $2.5 M
to Settle Charges
Washington – The nation’s three major
credit bureaus have agreed to pay $2.5 million total
to settle charges that consumers calling their toll-free
lines could not reach personnel to discuss credit
reports, regulators said Thursday.
The Federal Trade Commission alleged that the national
consumer reporting agencies, Equifax, Experian and
Trans Union, blocked millions of calls from consumers
during business hours.
ABOUT CREDIT REPORTING AGENCIES
Credit reporting agencies exist to serve
the interest of their financial supporters, the creditors,
first. They sell information contained in your credit
file to potential credit grantors. This information
will enable them to determine your ‘credit worthiness.’
There are three major credit reporting agencies: Equifax,
Experian and Trans Union. They actively seek negative
information on you relating to late payments, bankruptcies,
liens, judgments, collections, etc. Inaccurate information
might be entered on your report. Negative information
can stay on a report for as long as 7 to 10 years.
In the case of collections, agencies often sell and
resell the account resulting in those negative entries
remaining on your credit report for even longer.
Oregon Department of Consumer and Business Services |
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