Repairing your credit is not a quick fix; it's a process that takes time. The length of this journey can vary depending on the unique details of your credit history and the severity of your credit issues. However, every step you take brings you closer to improving your credit health.  

The Time frame for Credit Repair Typically, resolving disputes and correcting errors on your credit report can take anywhere from three to six months. However, the duration may be longer or shorter depending on the complexity of your case and the specific disputes involved.

Credit Problem Score Drop Approximate Recovery Time:

- Applying for New Credit -11% 3+ months

- Closing an Account -22% 3+ months

- Using All Your Credit -32% 3+ months

- Missing Payments -50% 18+ months

- Bankruptcy -90% 7-10 years

Transitioning from Repair to Rebuilding If you are starting with a low credit score, rebuilding to achieve a good score could take around one year or possibly even longer. This phase in which you move from repairing your credit to rebuilding it is crucial for maintaining good financial health.

Yes! You have the authority and obligation to oversee and safeguard your credit. The Fair Credit Reporting Act is a collection of regulations established by the government to assist you in this matter. If you require assistance, Pearl Mafia is well-versed in working with both the credit bureaus and these legal provisions on a daily basis.

Yes. It is crucial for you to safeguard your credit during the time we are addressing your credit history. If you add additional damage to your credit report, you will be hindering our progress and efforts.

As a consumer, it is both your duty and entitlement to verify the correctness of the entries on your credit reports. In the event that any information depicted in your credit reports does not truthfully reflect your consumer behavior, you possess the right to demand removal of such questionable data. The FCRA (Fair Credit Reporting Act), FCBA (Fair Credit Billing Act), and FDCPA (Fair Debt Collections Practices Act) grant you legal authority to challenge any inaccuracies present in your credit reports through communication with both the credit bureaus and individual creditors.

No, this approach is not effective. The credit bureaus and creditors receive a high volume of disputes every month and are well-equipped to handle them. When we dispute an item on your credit, we anticipate a response as our challenges are tailored and unique.

 It is possible for a negative entry that has been removed to be verified by a creditor after it has been deleted. According to the Fair Credit Reporting Act, if this happens, the credit bureaus are required to notify you before re-reporting a previously deleted item. Although it is uncommon, there is a possibility of an item being removed and then replaced on your report.

Living with bad credit is far outweighs the cost of credit restoration. Everything from housing, interest rates to insurance rates are much higher the lower the credit rating.

Despite what the big credit bureaus might want you to believe, credit restoration works very well in most circumstances. Success typically depends on receiving expert guidance from knowledgeable professionals in the field.  Professional credit education and counseling can provide lasting benefits for anyone with credit scores below 720. 

Now, let's get real about the limiting factors that will prevent us from helping you: 1) Your current financial starting point - because everyone's credit situation is unique. and/or 2) Your timeline goals for when you need to reach your results - because rebuilding credit is like training for a marathon, not a sprint, and/or 3) there is an open bankruptcy that has not been discharged.

Here's something that might surprise you: it is possible to remove anything from a credit report, even accurate items. Even accurate items on your credit report aren't set in stone. When creditors drop the ball on following procedures or miss crucial deadlines, those negative marks may be removed. When creditors fumble the paperwork or miss their deadlines, those negative marks may be removed.  Also, there are specific requirements the Credit Bureau, Collection agencies, and Creditor must adhere to, when placing items on consumer credit reports, if these requirements are not met, the negative items can be removed. When they miss a step? That's your opportunity for a fresh start.