What is fair credit repair and how does it work? - Limited/Bad/Fair Credit Questions


Credit-Land.com is an independent, advertising-supported web site. Credit-Land.com receives compensation from most credit card issuers whose offers appear on our site. Compensation from our advertising partners impacts how and where their products appear on our site, including, for example, the order in which they may appear within review lists. Credit-Land.com has not reviewed all available credit card offers in the marketplace.

Credit Card Applications » Questions » User Questions » Limited/Bad/Fair Credit » What is fair credit repair and how does it work?

What is fair credit repair and how does it work?

Answered on | Updated on December 6th, 2010
The content is accurate at the time of publication and is subject to change.

The U.S. Fair Credit service starts by making an in-depth analysis with inputs from an individual in order to get a better understanding of the problem and in turn to find custom made solutions for each individual.

With a detailed analysis one can arrive at the root of the problem as to what must be the cause for a low FICO score. Then, based on the outcome, the letters or correspondence relating to the dispute would be forwarded to Equifax, TransUnion, as well as Experian. Once that is done one can expect to hear from them within 40 working days. This would be the results of the investigation that would have been done. On receipt of this letter the aggrieved individual would have to forward the same to the U.S. Fair Credit service. They (U.S. Fair Credit service) will analyze the contents and after making successful deletions/changes, prepare another follow-up letter in order to continue the verification process with Equifax, TransUnion, as well as Experian in order to make corrections to the errors.

At this point, the U.S. Fair Credit service will begin to bring forth their differences as well as the results of their investigation to the company that is reporting the account. The second set of results will typically arrive in another 15 to 20 days and they will be forwarded again. The pressure that is applied and the accountability from the reporting companies as well as the credit bureaus would be evident by the results from the second round of investigation. This would in turn help in achieving good results and the whole process may take up to eight months.

However, there might be a lot of twists & turns that one has to deal with. The success rate would entirely be dependent on a thorough understanding of the credit reporting industry and ways to analyze the reports and the related results from the investigation at various levels. The U.S. Fair Credit service provides all expertise as well as information at a very nominal cost.

In today’s world, it is essential that one has a credit report that is very accurate. The credit scores as well as the individual’s credit history holds much more importance than one would imagine. It is used as a tool to calculate a host of things including insurance (both home & health), screening by prospective employers as well as landlords etc. One cannot afford to have a bad credit rating, therefore, if this happens it must be rectified as soon as possible.

Disclaimer: This editorial content is not provided or commissioned by the credit card issuer(s). Opinions expressed here are the author's alone, not those of the credit card issuer(s), and have not been reviewed, approved or otherwise endorsed by the credit card issuer(s). Reasonable efforts are made to present accurate information, however all information is presented without warranty. Consult a card's issuing bank for the terms & conditions.
All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.
Get the latest news, articles and expert advice delivered to your inbox. It's FREE.
Perfect credit not required for approval; we may approve you when others won’t
Fair/Bad Credit
Instant $500 Credit Line. No Credit Check.
Bad Credit
Monthly reporting to the three major credit bureaus
Fair/Bad Credit

Other Questions in
Limited/Bad/Fair Credit

You've successfully subscribed!

Please specify the following:All these fields are optional

Your Credit History
Themes you are interested in:

By providing this information you help us make our news letters more useful and informative. Thank you!