Referring to Perfect Credentials
How long does it take to increase a credit score?
The amount of time needed is different in every circumstance, usually varying between two to six months to remove up to 100 percent of inaccurate items from a credit report. On average, we remove 65 to 70 percent of inaccurate items with a subsequent FICO score increase of 60-100 points.
What is your money back guarantee?
Our money-back guarantee is easy to understand. We will refund 100 percent of your borrower’s money if we do not remove at least 25 percent of the inaccurate items from the credit report within six months of the time we begin work on your borrower’s file. There must be at least four inaccurate items on the report when the retainer agreement is signed for the warranty to apply and neither the borrower, nor a credit consulting in the previous two years company acting on their behalf, may have made attempts at credit consulting. Unpaid collections and charge-offs do not qualify for the warranty.
How long does your service take?
We work for our client’s for 6 months. Results usually occur within the first 60 days.
Will you get 100 percent of inaccurate items removed?
Our company has been successful 100 percent numerous times. We average between a 60 and 70 percent success rate at removing inaccurate items from the credit report.
Why do the results differ?
Perfect Credentials uses consumer protection laws to the fullest extent on our client’s behalf. Sometimes credit bureaus, creditors and collection agencies provide what the law requires, sometimes they do not. Our company is completely thorough every time in enforcing our client’s rights, but credit bureaus, collection agencies and creditors are inconsistent, causing results to vary.
How much will you increase the credit score?
Our average is 60 - 100 points within three months, but we have increased scores as high as 200 points. Although derogatory/inaccurate items on the credit report are a factor, there are many other factors in formulating a credit score. Even if we remove all inaccurate items from a report, a credit score due to other factors affecting the score, such as: length of credit history, credit mixture, outstanding balances and number of inquiries.
What items can you remove from a credit report?
We can potentially remove any inaccurate item, including but not limited to: Bankruptcies, foreclosures, collections, charge-offs, repossessions, medical bills, inquiries, late payments, old addresses, judgments, tax liens, identity theft, merged accounts, and student loans.
What can’t you remove?
Any accurate items or account information as described by the Fair Credit Reporting Act.
Will the removed items ever come back?
It isn’t likely that removed items will come back, as long as the item is current or paid at the time of removal or the collection is older than three years. This holds true except in very rare circumstances.
What risks will my borrower be taking?
None. The worst we can do is improve the credit and not fulfill our warranty, in which case your borrower will receive a full refund. The best we can do is substantially improve your borrower's credit score.
What risks will I be taking?
None. You are leaving your clients in the hands of a company that will treat them professionally and courteously. Best case scenario, you will give your client a loan they never thought possible. Worst case scenario, your client gets their money back with an increased knowledge of how the FICO score works and what they can do in the future to achieve and maintain a higher credit score.
