How It Works
Step 1: Analysis
A credit report study is when you or a professional carefully look over your credit report. Your credit report will show you which accounts are in good shape, which ones hurt your score, and which ones we may want to fight to get pulled from your report. The way you see your credit number will also affect how you try to improve it. It will help you decide if you should fix the bad spots, polish the good parts, or try to add something new to your report.
Step 2: Dispute
Credit reporting companies are required to look into your claim, send any proof to the provider, and give you a summary of what they found, unless they have reason to assume fraud. Sometimes, credit records have wrong information, but that’s usually because companies don’t give the firms all the information they need to be accurate. If there’s a mistake on one of your credit reports, like a paid collection account that wasn’t recorded, it’s likely on all of them.
Step 3: We will settle your debts (Pennies on the Dollar)
Our financial advisors will take a detailed look at your individual circumstances before making any recommendations about your personal finances. The next step in paying off “unsecured” obligations like credit cards, student loans, and medical bills is to enroll in a debt settlement management plan, which may be recommended by your advisor. Sometimes a debt control strategy is all our credit advisor can recommend.
• Our advisor will work with you and your debtors to establish a repayment schedule. Your debtors may agree to lower your interest rate or waive certain costs.
• We would negotiate monthly payment arrangements with your creditors and transmit payments on your behalf.
• Our financial advisor will apply the funds from your deposits to your unsecured obligations, such as credit card bills, hospital bills, and school loans, in line with the terms of the payment plan.
• We would negotiate monthly payment arrangements with your creditors and transmit payments on your behalf.
• Our financial advisor will apply the funds from your deposits to your unsecured obligations, such as credit card bills, hospital bills, and school loans, in line with the terms of the payment plan.