Thursday, 27 February 2020

How To Repair Your Credit ( A Beginner Guide)

If you decide to work with a credit repair company you need to really read this article that I'm going to be putting together because you could be making a big mistake if you sign up with the wrong service. I want to go through this information with you. First, I want to congratulate you on taking the first step towards cleaning up your credit and getting yourself into a better position. Now, I'm going to walk you through how each credit repair company works, the process that it takes to get your credit repair and also I'm going to point out the different companies that are out there.

Let's Get Started

1. Validation System

  • Customer Intake
  • Goal Sheet
  • Review Report
  • Dispute Processes
  • Results - Re-dispute

Let's break it down

Customer Intake

  • Your ID
  • Social Security Number
  • Your Address
  • Credit Report

For every company when you come to go in, you're going to go through what's called a customer intake. That's where they're going to get your ID, your social security, each Bureau requires that you show them proof of your address and it has to be either a bill or something that hasn't have your name and your current address on there, and it can't be older than 30 days or they're going to reject it. And then they also need your credit report from all 3 of the bureaus.

Goal Sheet

Everyone that goes to get credit repaired usually has a reason behind it. They either went to get a car, they try to get a mortgage or something with a credit card and they were declined, so they have a specific goal a reason for getting your credit repaired.

Review Report

Every company should do a review if they're a legitimate credit repair company. They will do a review to see what was the reasons behind why you got denied for whatever credit that you were trying to get.

Dispute Processes

Every credit repair company will start the dispute processes this is where they're going to dispute the negative information on your credit report

Results - Re-dispute

From the result that you get back from the company you're working with, there usually is going to be a re-dispute process of the information that each of the bureaus put on your responses that they mail to you. 

Validation System

The originated what's called the validation system. Lately, the credit repair companies start using that word validation and they came up with it years ago, more than 8 to 9 years ago for validating negative information on your credit report. And a lot of people don't understand what that really means, what it means is that it doesn't matter if you have something negative or positive on your report. You have the right to validate information, each of the main 3 bureaus, these are independent companies these are not federal agencies, so any private or federal you have a right to make sure that information that they put out there about you is correct. Regardless if it's a good credit or bad credit. But every company should use that because if they're not using a validation system, they're just sending out letters and hoping that they can get things off of your credit report.

What Are The Fees That You Have To Pay For Credit Repair Company

Companies that are out there, I have seen where they charge $59 to $150 a month. Before they did any of the major work for you, they're going to charge you an amount upfront before they do anything. Also from what I have seen, they just have to continue payments forever. But, some companies will start you off at $9.95 activation and that so you can get all your paperwork into the funnel, it lets them know that you're serious about getting your credit repair, but it's just $9.95 to start. And then 30 days later, you have your first payment of $125 but, you're going to get responses and results within 20 to 30 days. After that, you have two more payments of $125. They both set 30 days apart from each other at $125 and then $125 after that and then you're done. And they will continue working on your file for a full year to get everything taken care of. 

  • You should think about this. If you have any of the issues below in your report, you should really think about who you sign up with. Because some companies are going to do the validation system above only, which is the first option. And it would be very painful for you to know that you didn't achieve your goal because you had some of this issue below. 

Let's break down the second process.

2. Cost

  • Furniture
  • Medical Bill
  • Check System
  • Landlord Eviction
  • Repossessions
  • Payday Loans
  • Student Loans
  • Taxes For State And Federal
  • Liens
  • Cease And Desist
  • Course Simon's Assistance


When you re-dispute the credit and it doesn't come off of the report, you don't get the goal that you wanted. All other credit repair companies really stopped working there. Because there's nothing else that they can do, they even know what to do for you. But some company take a step further as they go after the furniture and when they say furniture, that could be medical, check system so you can't get a checking account because you had a VAT account in the past and there's information on there that might be correct or incorrect. They could go into there and get that even taken off, so you can get a bank account.

Landlord Eviction

Let say that you have a landlord situation which a lot of people ran into, so you can't even rent a place in a good neighborhood because you had that eviction on your report. Some companies don't get involved in stuff like that, but some companies can work out situations with your previous landlords to get that information off your public records, so you can be able to get a place where you want to move into. 


Repossessions of vehicles, trucks, SUV's, they work with that also so they can get that off of your report, but also if they're coming after you for the extra money after they sold at auction or they're saying that you own this huge amount of money for a car, that was repossesses.

Payday Loans

Let's say that you've got an internet payday loan, they had very interest rates like 500% interest rate, which means that regardless of the payments that they make, it's going to be almost impossible for someone that has very limited funds to pay off a 500% interest loan. Some credit repair companies will work out situations where they were able to get the payment readjusted, the interest rate lower or they will just settle out the whole account for a small amount of money. 

Student Loans

What they can do with student loans is they can renegotiate to get you a lower payment. So you don't have them taken so much money either out of your paycheck or that they're not asking for so much money, they can get that adjusted according to your net income.

Taxes For State And Federal

There is an extra fee for this one because there's a lot of paperwork that must be done but if you have any state or deferral taxes that are owned, but the best part about it is that they can get those cut down for very small amounts of money. 


Maybe you have liens that are into the property and if you sell it they're going to come after you for that money, this is the same as working with collection agencies, credit repair company would go to that lienholder, work out some type of an agreement, a small amount as a settlement and be able to get you to where you can sell your piece of property or have that lien taken off your property, so you can refinance it or do whatever you need to do.

Cease And Desist

Maybe you have debt collectors calling your home and are harassing you, they can call your neighbor, they can call your job and put your job in jeopardy, they can do all types of thing to be able to make you try to pay that money and what credit repair company can do is they can take that stress and pressure off of you and have them start calling their office, they will leave you alone and they will let them know that they are working with you to get your financial situation in control.  

Course Simon's Assistance

Maybe you're being sued by a debt collector for an original creditor or maybe a debt collect that purchased an old debt that you have, they're taking you to court and you receive the court, the credit repair company will show you how to go to court and to write a response to that summons, they can write it for you or they will show you what you have to do to properly answer that in court and to turn the situation around to where you will actually make them want to settle for pennies on the dollar because of the way that you answer that summons.

A lot of people just let go those summons and they don't show up in court and they're given up a lot of their rights to where some of the times they found that you don't even have to pay the money because the way that it was responded, the company was not able to prove that you have to pay the debt.


A lot of companies don't go this far, but here on roadtosuccesse, we've been transparent to give you all the details that you need to achieve your goal. I hope you found this article very helpful.

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