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Frequently Asked Questions

Please contact us if you cannot find an answer to your question.

I have been denied credit is there anything I can do about it

Nearly 90% of Americans, just like you, have some “blemish” on their credit reports. Due to the nature of the credit reporting industry, those blemishes can be mistakenly included on your record. Frequently, credit reports contain outdated information, unverifiable, negative items, or totally inaccurate entries. Under the law, the credit reporting companies must remove such information. You should check your credit report and see why you were, or may be denied credit. Then, as a Strategy Credit Repair customer, you can do something to correct the mistakes and have your credit corrected.

How exactly does the credit reporting system work?

The credit reporting system is literally millions of computer files about individual consumers, which are maintained by three credit agencies.  The files contain personal information about you – how much you owe, how have you paid your debts, your employer, your social security number, public records, etc.

How does information get in my credit files?

When you agree to accept credit from a bank, most retail stores, or fill out an employment application – if a credit report is used as a background check – you give the creditor the right to provide information to any credit reporting company.  Additional information about you comes from public records, such as court records, debt collection companies, and even the utility companies.

Who can request information about my credit?

Under the Fair Credit Reporting Act, a credit reporting agency may only disclose your credit report if someone is:

a. Granting credit, reviewing your account, or collecting on your account   

b. Reviewing you for employment purposes   

c. Reviewing you for insurance  

d. Reviewing your eligibility for a license or government-related benefits.

e. Providing information for a business transaction, such as renting an apartment

f. An IRS subpoena  

g. Someone to whom you have given written permission   

h. A court order 

How many credit reports have errors or inaccurate information?

Some experts say that as many as 90% of credit reports contain errors that are inaccurate, erroneous, or obsolete information that can cost you the credit you deserve.

Who can remove items from my credit report?

Only the credit reporting agencies have the power to remove items from your credit report.  But, as required by law, the credit reporting agencies must delete inaccurate, erroneous, or obsolete information.

Is it legal to remove negative or derogatory marks off my credit report?

Yes, it is, your right to dispute items on your credit report is explicitly granted by the United States Congress in the Fair Credit Reporting Act of 1970, Section 168e (and other laws). Unfortunately, because it requires extra work to investigate as the law mandates, the credit bureaus would have you falsely believe that there is something wrong with disputing items on your credit report.

How long does credit restoration take?

You should see your first results within 30-45 days. We feel confident that a significant portion of your results will appear within the first 60 days. However, your participation in this process is equally important. This is a detailed and skilled procedure that may take up to 180 days to achieve the results you are seeking.

Is credit restoration really possible?

Yes absolutely, however, State and Federal laws prohibit us from saying that removal of all negatives can be guaranteed. Any information, no matter how accurate, which cannot be verified within a reasonable amount of time according to law, can not be included on your credit report and deleted.

Can deleted items show back up?

Although rare, there are times when a credit will eventually verify information that has already been deleted from your credit report. The federal law requires a credit bureau to inform you prior to re-listing a previously deleted item. This same federal law makes it more difficult than ever for a credit bureau to re-list a deleted item. Therefore, although it is technically possible for a deleted item to reappear on your credit report, it is highly unlikely. If an item reappears on your credit report we can again dispute it at a future date and work towards a permanent deletion.

Can I apply for new credit during this restoration process?

We ask that you do not apply for new credit unless it is absolutely necessary during this process. In addition, you will be supplied with updated credit reports as the negative items are removed.

Should I continue to pay my bills?

Whether an item is deleted from your credit report or not, if the underlying debt is still owed you are still responsible for it. Removal of such an item from your credit report is only a temporary solution. If the debt is still accurate and owed, the creditor or collection agency can, and most likely will, re-report the item to the bureau.

Is it possible to remove bankruptcies repossessions and foreclosures from credit report?

 Any unverifiable, inaccurate, outdated, or misleading item can be removed. Bankruptcies, repossessions, and foreclosures are considered negatives and derogatoriness just like a late payment, though more severe in the amount of points deducted from your credit score. We have had a lot of success removing these types of accounts as well 

How long will it take to raise my scores?

Through our service, 92% of our clients see their credit score increase 10 points or more in the first 35 days. Over the full 180-day term of the contract, the average credit score increase is 101 points.

Do I need to hire a attorney to represent me for the restoration process?

No you don’t, however, we work with many attorneys and if a situation arose that required legal counsel we have experts we refer our clients to.  

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