George asks…
How can i open my own credit repair company?
I am a mortgage loan officer and always send customers who have credit issues to a credit company to clean off their credit. I know people can do this on their own, but many do not have the knowledge and time to do it. I have also cleaned customers credit myself including mine and my wife`s and friends and family members but i have been doing it for free. How do i go about it in opening my own credit repair company? Where do i start?
ItIsAllHere answers:
I wish I could provide an answer to this, a REAL answer. I was in mortgage too for a number of years and got to watch SEVERAL opportunities like the ones you are describing pass me by. Although I would probably open up shop for myself if I had this answer 
… I have another product that you could easily incorporate into your current business AND provide a value that no-one else in Real Estate offers. Contact me at 949-838-6909 or xanderabc@aol.com if you are interested in taking a look.
James asks…
who is the best Uk based Credit Repair company to use to remove late payments marks on credit file?
i am looking for a Credit Repair Company in the UK that can help me remove late payment marks from my credit file.
these late payments are now 12 months old but it is still effecting my credit report.
ItIsAllHere answers:
If the late payments are legit then they can’t be removed. Credit repair companies don’t do anything that you can’t do yourself. They will dispute the late payments. The marks will temporarily disappear from your report. The creditor has a set number of days to validate. Most validate within a few days to a couple of weeks. The negative payments will then begin to show again.
Your best bet would be to try a good will letter to the creditor asking them to remove the late payments from your report. It is your credit and you earned it so you will be asking a huge favor of them. Be polite.
William asks…
How can I repair credit to get approved for a first time buyer home loan?
Are there legitimate companies that will assist with credit repair to help people get home loans?
ItIsAllHere answers:
I can’t believe all the people that think credit repair is a scam. Credit repair is 100% legal & possible; it is a lot of credit repair co. That are deceptive scammers. You can repair your credit yourself or hire a reputable co. Go to myfico.com the boards there will give you great advice on how to do it yourself or Sleb Credit Solutions website will give you tips & info on what to look for in a reputable credit repair co & info on how to do it yourself. To the naysayers who don’t know what they are talking about, I have seen credit repair work & things be removed. You have the right under the FCRA (fair credit reporting act) to dispute items on your credit reports. If they can’t be verified, they are removed. A lot of times when you do a dispute online w/the credit bureaus, they will just delete items disputed w/out even taking the time to verify (just being honest). If it doesn’t get removed the 1st time, dispute by mail & persistence will pay off. If the listing is in compliance & is verifiable & the sol hasn’t expired, you can negotiate/mediate w/the creditor to resolve the listing, 1st make them provide verification (you are entitled to proof of your alleged debt, ask for the records). Credit repair works great if done correctly, and has helped many people. In today’s economic crash, people are using credit repair (or doing it themselves)more than ever. Don’t choose a co. Showing the BBB logo or claiming to be an accredit member of the BBB, b/c they are misleading you & lying. B/c there are so many deceptive credit repair co. The BBB will not allow cr co. To be members, you can still check the BBB to see if they have any complaints against them. The credit repair industry has a bad rep b/c there are so many deceptive co./lawyers that are scammers. Credit repair isn’t magic & doesn’t happen overnight, but you can start seeing results w/in 45 to 60 days, & depending on how much you have that needs to be removed or resolved, it can be done in 4-12 mths. Sometimes sooner, but no co. Can guarantee how long it will take. A lot of co. Will drag out the process to keep collecting your monthly pymt. Sleb’s goal is to get the job done as quickly as possible, but we don’t promise a time-frame. Good luck! If you want to go to slebcreditsolutions.com you will find info there, & you can call me & I will be happy to give you advice. Myfico.com (the boards) you can ask ? Get advice & see what worked for others.
Helen asks…
Is there any way for a credit repair company to set up an account to pull credit for its clients?
I am trying to start a credit repair company but I have not found a company to go through to pull credit. All the companies seem to only work with mortgage companies. HELP!
ItIsAllHere answers:
I agree with the poster above, why not have the clients pull their own accounts (they can do this for free three times a year).
Be ware however, that credit repair is a hard market to serve….most often they want YOU and your company to be magicians….
Is there another kind of business that you can run on the side…I really think that this business will be more trouble than it is worth.
With that said, I was of the impression that anyone can pull anyone’s credit with the subject’s permission. Work with a lawyer and have them create a consent form for you. I just checked my credit report and it was pulled LITERALLY 12 times in the past 7 months. 9 of these pulls were ‘soft pulls’ meaning that I did not initiate any of them.
Saying that to say that there is a way. I just dont know what it is
Daniel asks…
How well does the credit repair company work? Does any body have any good/bad experience with their services?
There’s so many credit repair co. out there and I don’t know which have a good credentials or does it really work like they advertised?
ItIsAllHere answers:
If you are looking for the best credit repair site, check out this site
http://best-credit-repair-service.com/
Here you can improve your credit score rating and reduce your debt with the help of an expert.
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