Last week we covered the top 3 credit repair scams and tactics that are highly illegal and will land you in the slammer!
This week we cover legit credit repair strategies that are effective, ethical, and allow you to sleep at night knowing you won't end up in jail! A great compliment to Episode 3: How to build or re-build your credit history!
In a nutshell, Credit Repair is best used when grounded in facts, and there is alot of crap out there! We came across some section 609 bogus disputes that is marketed as a loophole and when you actually look into it....it's not a loophole. In fact we busted out the FCRA and looked at section 609 and it says NOTHING in the language that remotely resembles what they are claiming it resembles.
Other subjects covered in this episode are :
1.) The Anatomy of a Credit Repair Dispute Letter
2.) A debt validation letter - what it is, and how to best use it!
3.) The truth about the "30 day period" and what actually happens if the credit bureaus don't respond within 30 days
4.) How to avoid having your dispute letter kicked back as "frivolous"
Link to the FCRA act: https://www.ftc.gov/system/files/fcra_2016.pdf
Link to the FDCPA: https://www.ftc.gov/system/files/documents/plain-language/fair-debt-collection-practices-act.pdf
Claim your free dispute letters:
If you are here to claim your free credit repair dispute letter please email us at TheExtraCreditShow@gmail.com (we will email you the letter)....we couldn't figure out how to link the letters up on this site......ooops!
New Year Credit Talk - Designing a credit repair plan for 2019 and Beyond
Credit Repair Chronicles: Ep.1 - Interview with our free credit repair winner!
Credit Repair Winner Announced! & Consumer Goes After Equifax and Navient
Buying a Home : Affordability Trends Talk with Nik Boone w/ Ascend Real Estate
Car Shopping : The Dealer Ran my credit 20+ times!
FICO announces new "UltraFICO" score model - We talk about it!
What To Do If You Are Sued For Credit Card Debt
Life after Credit Repair: How to care for your credit longterm
Should you pay for Credit Repair?
Fair Credit Reporting Act - Breaking Down Your Rights
Cell Phone Payment History & Removing Inquiries!
Borrow $10,000, repay $70,000 - High Interest Rate Loans
What happens to your credit and debts when you die?
Bankruptcy vs Credit Repair? Which is the better option?
5 Credit Score Improvement Myths!
Debtor's Prison: Can you go to JAIL for not paying your debts?
Credit News Headlines of the Week! Vantage Score, Mortgages, Equifax Update and Renting Vs Buying!
4 Listener Questions Answered!
Student Loans & Credit Scores!
Max out your score: How to correctly time your inquiry so you don't leave any points on the table
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