Hi Broken Credit,
 
I was reading through your site, and I like, the many others, wish to thank you for hard-to-find helpful and thoughtful advice. I share the same name as my father and his delinquent credit is on my credit report. I wanted to know what is the best way to correct this mistake. I know that dealing with credit bureaus can be a very arduous task, especially when it comes to accomplishing your objectives. I also know that using a  credit repair/restoration attorney can be very costly. Put simply, what is the most cost-effecient and most effecient way to remove these delinquiences from my credit report? Is it a rescoring agent? Or?
 
Additionally, in order to utilize a rescoring agent, do you have to be in the process of acquiring a mortgage or can it be prior to that? How does one find a reputable rescoring agent in their area?
 
I thank you for your time in this matter.
 
With gratitude,

Ryan (more…)

I have a question about rapid rescoring.  Does rapid rescoring change your credit profile at the repository level or does it change with the bureaus too?  And if it changes with the bureaus is temporary or will it be permanant?   Thanks for the time.

Lance (more…)

All of your Credit Repair, Mortgage, & Stump the Experts (although ‘experts’ is debatable) are in the HELP CENTER.

Read, learn, write, mail, negotiate, write, mail and Raise Your Credit Score!

Hi – I just paid off $25,000 in defaulted student loans and am thinking of doing a rapid rescore.  What is your opinion regarding my credit score – do you think it will go up? and how much (ball park)  Thanks, your the best – Pam (more…)

I have two judgements that have been on my report since 2003.  They’ve now been paid.  In the next year or so, I would like to obtain a home loan.  Is it at all possible to get these judgements removed?  Would rapid rescoring get this removed?

Allison (more…)

looking for an honest mortgage broker who can do rapid rescore, can you help? thanks

Brent (more…)

A mortgage broker that I have only spoken to on the phone wants to do a rapid rescore for my husband and I.  We have not had the best of credit however we have paid of most of our bills.  The mortgage broker wants a copy of our bank statement and said that it has to have our complete account number and name on it.  I am concerned that this is not a good thing to do since we don’t know him.  What are your thoughts?  Also he said that it would be around $300.00 for the rapid rescore.  Do you think that this is the going rate for this service?

Thank You,
Linda (more…)

I am inside of a month of recieving discharge papers of BK13 filing from Feb 2004. I have also begun the process of selling my current home and shopping for a mortgage for a new one. After finding a mortgage company I felt comfortable with I had them pull a CR. Reoprt: “NO SCORES DUE TO INSUFFICIENT TRADELINES!” I had my current mortgage company deliver a VOM and the company I am working with for the new home requested a rapid rescore. My TU score came in @ 660 and my Beacon score @ 639. Equifax is dragging their feet. A decent preapproval is imminent. I am worried that after the discharge is complete in late April my past creditors may report info that could be detrimental to my scores and hence my % rates for an August closing. They may even cause a deal breaker after some of the horror stories I’ve heard and read. I have contacted my father and he is more than willing to allow me to become an “authorized user” on a credit account that I am currently a secondary user of. Actually I have been the sole user of the account since Nov 2005. Perfect pay history to date. (Too bad I didn’t ask for it sooner, huh?) My credit was pretty solid going into the BK13. 690-720. Cash got super tight so I just ended up living off of the credit. My querry. What are the chances of the creditors I bankrupted on coming back at me with negative reporting after discharge to screw up what I’m working toward? Also, as an “authorized user” the CC company said I would only reflect pay history from the time of my adding on. Sound right? You’ve told previous bloggers they’d get hit with the entire account history as they are added. Whadaya say?
 
Regards,
Adam (more…)

Concerning Rapid Re-scoring… ok, whats the deal?   I read that its an aspect of the FCRA, in that IF the bureau removes the tradeline and gets back to the consumer in 3 days or less, then they don’t have to report to the creditor that the account was disputed, thereby removing it permanently or until said creditor actually pulls your report to look for it if they ever do?  Essentially, it’s a back door entrance to the club with no line to wait in, so long as you pay the $50 cover charge and are holding either a real or fake ID.  Or am I missing something?

Jason (more…)

how do the rapid rescore people get the bureaus to move quickly – and why are they so privileged?  how can I get the credit bureau to work as fast as the rapid rescore people do?

Cilla (more…)