If you know anything about credit repair and the Fair Credit Reporting Act you know the bureaus are allowed 30 days to verify whatever minuscule details we are requesting. This protects you from dying of old age before getting a response, which no doubt would happen if they could get away with it. Let’s take a quick minute though and examine the other advantages there are with this 30 day response policy.
What’s actually happening behind the scenes is the bureaus are playing the middle man waiting for a response back from the creditors from a particular investigation. It’s ultimately the creditors that have 30 days or less to respond to the bureaus, who in turn determine if that response is appropriate. We continuously see indications through our client’s results that either no work or attempted work was done on our investigations. Simply, the account is now deleted, without any argument. Was it because they discovered they dinged the wrong person, or they couldn’t find the details we were asking for, or perhaps they just didn’t get around to it in the timeframe they were allotted? They don’t divulge that information, but as office paperwork tends to stack higher than the Himalayas, letting documents age 30 days would appear to be no challenge at all. Also, look at government related accounts such as, Judgments, Bankruptcies and Tax Liens; in your opinion does the government operate at lightning speed such as cashing your tax payment or slow as snails like the DMV? So when giving only 30 days to complete a series of exquisite investigations into their wrongdoings you can only guess what the result might be.
Let’s find out if your creditors can keep up with their required timeframe obligation with researching the misleading, non-verifiable or erroneous information they are posting. Please call 1-(866) 488-2066, and if you mention this credit tip we will knock off $100.