Credit Education

I read on the internet that no one can remove accurate negative items. Can my accurate negative items be removed?":

To answer this I need to clarify what is accurate...

Collection Accounts: collection companies are in business of purchasing debts that have been deemed un-collectible” and they generally do this for 7 to 10% of the original amount. Then they harass you into paying 5 to 10 times what they own the debt for! When the right questions are asked; you'll quickly realize the collection companies have violated your rights and cannot prove the debt is legally owed.

Charged off Credit Cards: Often credit card companies will list your account as "charged off" while allowing a collection company to also list negatively on you credit report. How can you owe two people for one debt?

If the account is accurate, can it still be removed: there's always the chance of settling a debt in return for a deletion of the negative listing. 

By law, all creditors must furnish only accurate information. As a consumer you must know what is  accurate and what is not. Here at Quick Credit Clean we study these laws every day; we know what to look for and what is accurate. By working with our team; you will be able to determine accuracy.

"Is this something I can do myself?"
Yes it is and we actually sell a lite version of D-I-Y software on our D-I-Y page. There's a helpful video that walks you through the process "step by step".

You'll learn how to get free copies of your credit reports.
You'll receive template letters to Credit Bureaus, Creditors, and Collection Companies.
You'll select the appropriate letter, customize it, and send it off.If you change your mind "or" find you don't have the time - we'll refund 50% towards our full services.

“What can I expect when I enroll in Credit Education?”
We will guide you through the process from start to finish and prepare all your documents for you. We have a superb knowledge of credit scores and experience working with creditors and credit bureaus. It may be difficult for an individual to communicate with creditors and bureaus without an adept understanding of their techniques and regulations in place for reporting. We have spend a great deal of time learning the laws that will help you to remove inaccurate negative information on your credit report.

“What is a Credit Score?”
A credit score is a number ranging from 350-850 and is generated by a mathematical formula. The higher your score is, the more likely you are to get a loan. The lower your score is, the less likely you are to get a loan. So, having a your credit score in the higher range can save many thousands of dollars over the life of your mortgage, auto loan, or your credit card.
Can the deletion of a bad account lower my credit score? Yes, but and below is the breakdown of how scores are calculated.

Let’s say you have an account with a few of late payments but, the account is 5 years old. Removing that may not be a good choice because your "NEW" average age of accounts drops and you end up with a  new average length of credit history. This would significantly decrease your score!

“Why is my score different with the three reporting bureaus?”
The three main bureaus (Equifax, Transunion, and Experian) have different scoring systems that make an average difference  of 30 to 60 points. In some cases it may be the result of a difference in and items that have not been reported accurately to the full compliance of the law.

“Does Credit Repair and education work?”
A lot of people want you to believe that credit repair and education does not work. Chances are, if you are getting your information from a blog or the internet you will damage your credit further. The credit reporting system is very confusing and needs to be handled very carefully and on a case by case basis. Every day brings us new knowledge from our experiences and we use that knowledge to help the next client. Anyone with a credit score below 700 can benefit from our program and the information we provide. 

“How long will it take to raise my score?”
Through our services, 75 percent of our clients see their credit score increase within the first 40 days. When a client starting in the low 500's "Listens/participates" they see increases into the 650 to 700 range. When a client starting in the high 600's "listens/participates" they see increases into the 725 to 760 range.

“Will the removed items come back?”

Items cannot come back as long as the item is current or paid at the time of removal or if the collection is older than three years. This holds true except in very rare circumstances.

“What items can you help me to remove and improve?”

With our assistance and document processing, our clients have had great success with bankruptcies, foreclosures, collections, charge-offs, repossessions, medical bills, credit card debt, inquiries, late payments, old addresses, judgments, tax liens and student loans.

“What can I do to raise your credit score and keep it there?”

Pay all of your bills on time, every time. This includes your utility bills, mortgage and auto payments, and all of your revolving lines of credit like credit cards. Everyone should check their credit score and report at least once a year. This information and much much more is included in our free credit guide upon sign up!

“How long will certain items remain on my credit file?”

Delinquencies (30 - 180 days late): A delinquency may remain on file for seven years; from the date of the initial missed payment.

Collection Accounts: May remain seven years from the date of the initial missed payment that led to the collection (the original delinquency date). When a collection account is paid in full, it will be marked as a "paid collection" on your credit report.

Charge-off Accounts: When a delinquent account is sent to a collections company. This will remain for seven years from the date of the initial missed payment that led to the charge-off (the original delinquency date), even if payments are later made on the charge-off account.

Closed Accounts: Closed accounts are no longer available for further use and may or may not have a zero balance. Closed accounts with delinquencies remain for seven years from the date they are reported closed, whether closed by the creditor or by the consumer. However, the delinquency notation will be removed seven years after the delinquency occurred when pertaining to late payments. Positive closed accounts continue to be reported for ten years from the closing date.

Lost Credit Card: If there are no delinquencies, credit cards reported as lost will continue to be listed for two years from the date the creditor is contacted. Delinquent payments that occurred before the card was lost are reported for seven years.

Bankruptcy: Chapters 7, 11, and 12 will remain on one's credit report for ten years from the filing date. A Chapter 13 bankruptcy is reported for seven years from the filing date. Accounts included in a bankruptcy will remain for seven years from the date reported as included in the bankruptcy

Judgments: Remain up to 20 years from the date filed.

City, County, State, and Federal Tax Liens: Unpaid tax liens remain for fifteen years from the filing date. A paid tax lien will remain on one's score for 10 years from the date of payment.

Inquiries: Most inquiries listed on your credit report will remain for two years. All inquiries must remain for a minimum of one year from the date the inquiry was made. Some inquiries, such as employment or pre-approved offers of credit, will show only on a your credit report if you personally pull that report.

Other Information that cannot be in a credit report:

• Medical information (unless you provide consent).
• Notice of bankruptcy (Chapter 11) more than ten years old how to fix score how to fix score.
• Debts (including delinquent child support payments) more than seven years old.
• Age, marital status, or race (if requested from a current or prospective employer).