Yes, its Legal. The law that allows for insuring the accuracy and disputing inaccurate items on your credit report is called “The Fair Credit Reporting Act.” The FCRA gives you the right to dispute any item on your credit report. If that item cannot be verified within a reasonable time (usually 30 days) it must be removed. Studies have shown that 80% of all credit reports contain errors. This is nearly 8 out of 10 reports. Therefore most credit reports improve immediately. For items that are disputed that are not errors, a creditor or furnisher is often unable to find the records or signed documents within the allotted time and the item gets removed. Sometimes the furnisher will say that the account has been verified but not offer proof. This is where we come in and prepare your documents for challenging the verification process which must meet a lot of criteria, but usually does not.
**updated reports usually arrive within 15-45 days. It's your responsibility as a client to notify us that you have received or not received updated reports**
On average, our clients receive about a 15 point or higher increase within the first 35 days. Over time, and within the full 180 day term from enrollment, the average increase is about 100 points.
Credit Education and Restoration definitely works but it does take a joint effort between our experts and the clients. Getting reports back to us in a timely manner, following the educational advice, not acquiring any new credit without our knowledge, are some of the main factors that contribute to how much success will come. The education alone will teach you how to handle credit better and with a score of 720 or higher; the long term benefits can be phenomenal and life changing.
In most cases an item cannot come back once the are removed without the bureau taking the proper steps. In some very rare circumstances this could be different and they may follow the proper protocol when reinserting a previously removed item.
On average clients are able to remove 80% of the negative items from a credit report. At times, the credit bureau and the creditors have done and report everything right which leaves no room to have a case against them. When this happens, they have acted withing the scope of the FCRA.