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Credit Card Applications » News » Other » Luster Releases Software For Analysis Of Credit Reports

Luster Releases Software For Analysis Of Credit Reports

March 04, 2010 | Updated on March 04, 2010
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The content is accurate at the time of publication and is subject to change.

Luster has made its way to releasing a software tasked to help in people's charge of reviewing credit reports. In this application, clients can easily find certain inaccuracies and other unverifiable information that may affect their credit scores.

This application, called Luster, a self-titled program, provides users with different tools for the ease of credit file management. In fact, it even has a built-in decision tree that offers suggestions in terms of possible strategies based on different responses of reporting agencies. These strategies allow for the improvement of scores in a legal fashion.

Colin Mcgrady, Luster's co-founder, stated that the software or program is meant to give consumers and clients total control in the dispute of credit report inaccuracies. Since there is a rising number of people who are having a hard time analyzing reports, this program is developed for their benefit. Having the use of this software, people can be given the freedom to review their own report. This frees people from the cost of having to hire the services of some professionals.

Also, users do not need to give a lot of time to reports for analysis anymore. This is because this software can do all these tasks with ease and convenience.

Aside from this, the new software allows users to create a personalized, but professional dispute letter to submit to financial bureaus. This can be done by entering information in Luster's pre-drafted templates for letters. The software basically has 30 templates for letters to choose from. Therefore, in case a person needs to communicate to certain offices, the task will be simpler by using the templates. There are a lot of templates to choose from, depending on the kind of subscription one gets.

Luster also makes it possible for users to track and log all correspondence between creditors, financial bureaus, and debt collectors. This also has the capability to tell users as to when a response is due based on the recorded correspondence. As a result, Luster can implement strategies without delays in terms of different transactions.

This application for reviewing various credit reports can be downloaded from the Internet. It can be used with a free trial version or it can be purchased for more features. This program or software is priced at 50 dollars with the feature providing two user logins. Those who purchase the full version can also have access to a manual that has a number of resources needed in terms of reports such as credit scores and the proper usage of the software.

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.
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