credit repair business software

credit repair business software

Credit Repair Professional

The credit repair business requires from a clear understanding of the interaction of many factors. Bureaus, Creditors and collectors are each governed by their own set of federal laws. There supercedes state laws, the laws of the Federation can. In the background of all this activity It is Fair Isaac and Company that formulated your FICO Score, based on the composition of the information on your report. Credit repair professionals have sufficient knowledge all these factors and more.

And the Not-So-Professional

True credit repair professionals offer an incredibly valuable service. But there are including those that are false, and the services they offer. These deceptive practices are wasting your money, and in some cases have it worse off than ever. Here is our list of the top offences …

Authorized User Alert

Some so-called credit repair companies have already Mediation "authorized user" status on credit card accounts. This implies that the customer is an authorized user on someone else's credit card for the customer increase FICO score. This is not illegal, but you should know that Fair Isaac and Company benefits in response to this practice eliminates authorized users of the new FICO Scoring model. According to Fair Isaac, one of the three credit bureaus begin with the new scoring model in September 2007. The other two credit bureaus to adopt the new model by mid 2008.

The New Identity Trap

It's a busy little credit repair sub-culture that offers help to establish a new identity by applying for an Employer Identification Number (EIN), they suggest that you use in a place of your Social Security Number. This surprised us! And it is a serious crime, you could put into prison. Hands off.

Promises Promises

Watch out for companies to guarantee the results, as a definite increase in your credit scores in a given period of time. Professional, reputable credit repair company can produce dramatic results! But given the fact that there is no possibility of improving the response of credit bureaus, creditors, or predict, collector, it is inappropriate to make such promises and be a sure sign of a bad deal.

The one-dimensional problem Credit Repair

Beware of credit repair companies, Credit Bureau disputes, and nothing more. You are most likely a software that just pumps out the dispute letters – repeated. This one-dimensional approach to credit repair safely is to produce disappointment. Effective credit repair requires the ability to the offices of the creditor's challenge, and collectors, all with the knowledge and understanding the legislation that governs them, and understanding how any changes in your report, you can affect your FICO scores.

Power corrupts

IÂ'm going to stray a bit from the category of credit repair fraud and tap two of the most serious offenders in the credit reporting industry. Many defect size for honesty. Power may corrupt, and the journey to the dark side is often performed by lawyers, company test the limits again tolerance consumer conducted. Credit repair can be difficult enough, but always deceived by the credit bureaus can be downright daunting. Here are criminals The day we meet.

False Credit

Every day, countless consumers go to your Trans Union True Credit's "website and pay for what they believe that their credit scores. What they get are deceptively named "TrueCredit" scores which vary significantly from the FICO scores be of lenders. Here, the (almost impossible to find) small print from the TransUnion website. "TrueCredit is connected in any way with Fair Isaac and Company, credit – Guests who are not here a so-called FICO score. The credit scores of TransUnion may not be in every way a consumer credit scores by another company produced identical. "

Not Free Credit Report

Are you starting your credit repair effort? You can use all three credit reports free once a year, from AnnualCreditReport.com. DonÂ't fool of Experian freecreditreport.com website! Here, the fine print: "If you have a free Report here, you will begin your free trial membership in Triple AdvantageSM Credit Monitoring. If you cancel your membership, not within the 30-day Probationary period will be made to charge $ 12.95 for each month that you continue your membership. "And it can not be so easy to cancel. The Office of the Attorney General of Florida are the following issues in its investigation of Experian: "misleading advertising, misleading domain names, and failure to honor cancellations in violation of Chapter 501, Part II, Florida Statutes (Florida deceptive and unfair Trade Practices Act). "

Copyright © 2007 James W. Kemish. All Content. All rights reserved.

Jim Kemish is the president and founder of Power Mortgage, a Florida mortgage broker based in Delray Beach, Florida. Power Mortgage Corp was established in 1989 and serves the states of Florida, Georgia, Massachusetts, and Virginia. Jim is also the President of Sky Blue Credit, a national credit repair business. For great mortgage and credit tips visit the Florida Mortgage Blog.

Credit Repair Software 2009




















Luxlady 32GB USB Flash Drive 2.0 Memory Stick Credit Card Size Puzzle Connection Logical Intelligence Concept IMAGE 36493208


Luxlady 32GB USB Flash Drive 2.0 Memory Stick Credit Card Size Puzzle Connection Logical Intelligence Concept IMAGE 36493208


$39.98


This extremely attractive USB 2.0 flash drive can be put into your wallet just like a credit card which is the ideal addition for any business professionals. It is made of anti-dust, finger print resistant, shock absorbant material. The surface can be wiped clean with water without any discoloration. Easy to use. Hand made, ship from California. Graphic designed in USA. Ship within 1~2 business da…

Luxlady 32GB USB Flash Drive 2.0 Memory Stick Credit Card Size Close up of beautiful snow head IMAGE 21404644


Luxlady 32GB USB Flash Drive 2.0 Memory Stick Credit Card Size Close up of beautiful snow head IMAGE 21404644


$39.98


This extremely attractive USB 2.0 flash drive can be put into your wallet just like a credit card which is the ideal addition for any business professionals. It is made of anti-dust, finger print resistant, shock absorbant material. The surface can be wiped clean with water without any discoloration. Easy to use. Hand made, ship from California. Graphic designed in USA. Ship within 1~2 business da…

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