The DIY credit restoration blueprint

By Mary Taylor

This step-by-step guide will teach you how to obtain a credit report, identify errors on your credit report, dispute items with the credit bureaus, creditors, and collection agencies, how to settle your debt, and resources to help build and maintain a positive credit history. By taking action and implementing the steps in this guide, you will be able to leverage your credit and get the things you want in life. 
 

• Language: English
• Publisher: Mary Taylor
• Release date: Nov 17, 2021
• ISBN: 9781915147110

Book preview

Part 01

Introduction

My name is Mary Taylor, and I am a Board Certified Credit Consultant. Thank you for purchasing my DIY Credit Restoration Blueprint. I am so excited and proud that you have taken a huge step in wanting to repair and restore your very own personal credit. It’s going to take time and patience, but it is so well worth it to you and your family.

I once was in a position that I was denied credit opportunities because of negative information in my credit file that I contributed to, such as late payments, charge-offs, collections, and foreclosures. I learned from my mistakes and errors and am now helping thousands of folks get past the bad credit era and move forward to benefit from the things that higher credit scores and a healthy credit file can bring.

With an excellent credit score and a healthy credit file you can make your life much easier and less expensive. People with excellent credit scores and a healthy credit file get lower interest rates on mortgages, vehicle loans, credit cards, and the best rates for homeowners and mortgage insurance. Oh and don’t forget about being able to pay no deposits on services.

Prospective employers do a background check during the application process to determine your trustworthiness before making a hiring decision; and that decision is based on information contained on your credit file among other background references.

If you diligently follow the steps laid out for you in this blueprint, then you will, no doubt, experience credit growth over a period of time. Whether you know it or not, you’re well on your way to reaching those dreams, even if it’s purchasing a new home, new car, or an investment opportunity.

For your convenience, this blueprint is packed with powerful dispute letters that will help remove inaccurate and erroneous information from your credit file and improve your credit score because Bad Credit Don’t Last Forever.

I would like for you to know that our help doesn’t stop with the end of this book. If you encounter something that is not covered in this book, you can schedule an appointment with me at CreditConsult.BetterDayConsulting.com, visit our WEBSITE, or call us at 833-522-0200. If you feel you need help in restoring or building your credit, you can also schedule a Credit Consult with me.

WHAT IS CREDIT REPAIR?

No doubt you are wondering, what, exactly, is credit repair? First, let me tell you what it is not. Credit repair is not a fix all. It takes time and effort, but under many laws and regulations, such as the Fair Credit Reporting Act (FCRA) and Fair Debt Collection Practices Act (FDCPA), you have rights you probably don’t know about and your creditors pray you never find out about.

Nonetheless, credit repair is the process of removing erroneous, outdated or unverifiable information from your credit report. There are regulations in place to protect you against mistakes in your report and harassment from creditors.

THE REGULATIONS

The Fair Credit Reporting Act (FCRA) is a very specific regulation enacted to ensure that consumer credit files ONLY report true and accurate information. The FCRA closely regulates what the credit bureau can and cannot do and yet 1 in 5 Americans have multiple mistakes on their report, or the information is simply unverifiable. The credit bureaus have limited time frames to conduct investigations when you request them, and they often fail, at which point, the FCRA demands they remove the item. Similarly, the Fair Debt Collection Practices Act (FDCPA) protects you against misreporting and harassment from creditors. The FDCPA provides a long list of behaviors considered unacceptable by creditors, as well as the consequences for those actions when/if the creditors cross the line. You can leverage your rights under these two major regulations, and several others, to repair your credit and give you peace of mind.

ETHICAL CREDIT REPAIR

Before getting started, we would like to remind you that credit repair is legal and ethical only when you are attempting to correct mistakes on your file or remove items that are erroneous or do not belong to you. We do not endorse using these methods to remove real and accurate information from your credit file. These methods can and have been abused by consumers to remove accurate files. That would be