The more we’ve learned about Credit Repair, the more we are convinced that the devil - both in the harm done to consumers by Credit Bureau Bologna AND the effectiveness of the credit repair dispute strategy…is in the details.
Anyone can write letters. Anyone can hire an attorney. Anyone can hire a credit repair organization.
But any of these strategies can FAIL! You ARE taking on multi-million and multi-billion dollar companies with legions of lawyers and politicians there in their back and front pockets.
These strategies can all be successful too!
The KEY ISSUE that affects whether you will get the results you need are:
#1. Do you use a Dispute Letter or a Legal Representation Organization?
-Credit repair dispute letters do work for many people, IF done correctly. Most consumers or professionals don’t either really know what they should do OR follow through with what they should do.
- Legal representation by a hack lawyer can get your letters tossed. A good attorney or legal representation can have tremendous positive impact depending on your specific situation.
*WARNING! We feel organizations like Lexington Law are misleading in how they present themselves. These are dispute letter organizations, NOT organizations that link you to effective legal representation. NFORC and it’s affiliates, for example, are membership organizations with relationships with attorneys that WILL help you hire an attorney to represent you.
#2. What is the “quality” of the organization?
- Does the credit repair organization even do the work?
- Are the credit repair organizations full of hype and empty promises?
- Do the credit repair letters use the right kind of language?
- Do they have a good operation that holds the Credit Bureaus to time lines required by federal law?
- Is their staff polite to you but ruthless with the Credit Bureaus?
- Does their management and/or attorneys really understand the law?
- Does the organization add any kind of credit building or other educational advice?
- Does the organization provide any thing else of value to you?
#3. What happens next?
- What are the warranties or “guarantees” you receive?
- Are they committed to following through with the appropriate strategies for you or do they just dump you after collecting your money and sending out some letters?
Credit Repair is like cooking a good dinner. Unhealthy ingredients create an unhealthy meal. How much of this or that can make a meal taste delicious or disgusting.
Who is your chef?
-Wilbur
P.S. Switch to Chicken!