Complete Credit Repair Manual

Complete Credit Repair Manual

If you are overwhelmed with all the claims regarding credit repair, and just want the plain and simple truth, we wrote this manual for you. All of us have the legal right to dispute items reported to our credit it they are inaccurate, incomplete, or erroneous. This manual will lead you thru the legal maze of what to do and how to do it, shedding light on the whole credit repair process. We hope it will be a great help to you. If you find that this process seems too cumbersome, requires too much of your time, or is too frustrating, let us help you. Your time and energy is needed for your present life, not spent trying to untangle your past life. Should going it alone not get you the results you hoped for, let us help. We are here to handle your complete credit restoration. Call us anytime and let us handle untangling your bad credit past from your promising future.

Federal Fair Debt Collection Practices Act Basics Strategy to clean up your credit. Credit Reporting laws follow most consumer protection laws. They help define the legal rights of the consumer and limit the power of the creditor. They give relief where the consumer is infringed on, and provide the legal discourse the consumer can take to for corrective action. These are great laws and
unfortunately most people are unaware of them and do not take full advantage of the protection they afford. Clean Slate Credit Services uses these laws in the defense of their clients against many reporting by credit reporting agencies. They are effective and inclusive. The Federal Fair Credit Reporting Act (FCRA) is designed to promote accuracy, fairness, and privacy of information in the files of every Consumer Reporting Agency (CRA). Most CRAs are credit bureaus that gather and sell information about you - such as if you pay your bills on time or have filed bankruptcy to creditors, employers, landlords, and other businesses. You can find the complete text of the FCRA, 15 U.S.C. 1681-1681u.

The FCRA gives you specific rights, as outlined below. You may have additional rights under state law. You may contact a state or local consumer protection agency or a state attorney general to learn those rights. You must be told if information in your file has been used against you. Anyone who uses information from a CRA to take action against you -- such as denying an application for credit, insurance, or employment -- must tell you, and give you the name, address, and phone number of the CRA that provided the consumer report.

You have the right to know what is on your report. At your request, a CRA must give you the information in your file and a list of everyone who has requested it recently. There is no charge for the report if a person has taken action against you because of information supplied by the CRA if you request the report within 60 days of receiving notice of the action. You also are entitled to one free report every twelve months upon request if you certify that (1) you are unemployed and plan to seek employment within 60 days, (2) you are on welfare, or (3) your report is inaccurate due to fraud. Otherwise, a CRA may charge you up to $9.50.
You can dispute inaccurate information with the CRA. If you tell a CRA that your file contains inaccurate information, the CRA must investigate the items (usually within 30 days) by presenting to its information source all relevant evidence you submit, unless your dispute is frivolous. The source must review your evidence and report its findings to the CRA. (The source also must advise national CRA’s to which it has provided the data of any error.) The CRA must give you a written report of the investigation, and a
copy of your report if the investigation results in any change. If the CRA's investigation does not resolve the dispute, you may add a brief statement to your file.

 

The CRA must normally include a summary of your statement in future reports. If an item is deleted or a dispute statement is filed, you may ask that anyone who has recently received your report be notified of the change. Inaccurate information must be corrected or deleted. A CRA must remove or correct inaccurate or unverified information from its files, usually within 30 days after you dispute it. However, the CRA is not required to remove accurate data from your file unless it is outdated (as described below) or cannot be verified. If your dispute results in any change to your report, the CRA cannot reinsert into your file a disputed item unless the information source verifies its accuracy and completeness. In addition, the CRA must give you a written notice telling you it has reinserted the item. The notice must include the name, address and phone number of the information source.
You can dispute inaccurate items with the source of the information. If you tell anyone -- such as a creditor who reports to a CRA that you dispute an item, they may not then report the information to a
CRA without including a notice of your dispute. In addition, once you've notified the source of the error in writing, it may not continue to report the information if it is, in fact, an error.

Outdated information may not be reported. In most cases, a CRA may not report negative information that is more than seven years old; ten years for bankruptcies. Access to your file is limited. A CRA may provide information about you only to people with a need recognized by the FCRA usually to consideran application with a creditor, insurer, employer, landlord, or other business. If a CRA, a user or (in some cases) a provider of CRA data, violates the FCRA, you may sue them in state or federal court.Your consent is required for reports that are provided to employers, or reports that contain medical information. A CRA may not give out information about you to your employer, or prospective employer, without your written consent. A CRA may not report medical information or employers without your permission. You may choose to exclude your name from CRA lists for unsolicited credit and insurance offers. Creditors and insurers may use file information as the basis for sending you unsolicited offers of credit or insurance. Such offers must include a toll-free phone number for you to call if you want your name and address removed from future lists. If you call, you must be must be taken off the lists indefinitely. Questions about how to improve your credit? (310) 948-2615 Federal Fair Debt Collection Practices Act Basics Click here for the full FFDCPA:  Section 805 – Communication In Connection With Debt Collection Collectors may only call after 8:00 a.m. and no later than 9:00 p.m.

 

Creditor must only contact power of attorney or representative, not you. Collectors may not contact the consumer’s place of employment. Collectors may not communicate with any person other than the consumer himself. (unless authorized by the consumer to do so.) This includes family members. Section 806 Harassment or Abuse Collectors may not use threat of violence or other criminal means. Collectors may not use profanity. Collectors may not continuously call, annoy, abuse or harass consumer. Section 807 False or Misleading Representations Collectors may not use any false or misleading representations. Collectors may not threat to take any action that cannot legally be taken. Collectors may not give or threaten to give out false credit information. Collectors may not distribute any falsely written communication simulating any document authorized, issued or approved by any court, official or agency of the United States or any states.

Collectors may not use any name other than the true name of the collectors business, company or
organization. Section 808 – Unfair Practices Collectors may not use unfair or unconscionable means to collect or attempt to collect any debt. Collectors cannot accept a check or other payment from the consumer that ids postdated by more than five days. Collectors may not solicit any postdated check for the purpose of threatening or instituting criminal prosecution.