What is a Fast Track Credit Sweep?
The Fair Credit Reporting Act (FCRA) requires Credit Bureaus to remove all Accounts resulting from Identity Theft from your Credit Report. A Credit Sweep is the process by which we use these sections of the FCRA to force Credit Bureaus to remove Negative Accounts from your Credit Report. We do this by using a proprietary method we’ve developed to facilitate and speed-up this process.
How Long Does the Fast Track Credit Sweep Take?
In the first days, we analyze your credit reports and select negative items for deletion. We then prepare and notarize the Identity Theft Affidavit. With that document, we show you how to file a police report. We then send the documentation, including the police report to the Creditor, the Credit Bureaus and the FTC. We begin monitoring your report to see the negative reports drop off, those that remain, we re-submit claims until all negative items are deleted. Under the FTC requirements, these should be eliminated immediately, so we expect all to be gone within three weeks after our preparation time.
What Happens if Your Credit is Hijacked?
Identity theft happens to one American every two seconds, according to Javelin Strategy & Research. In 2013, there were over 13 million victims. The potential impact on your credit, not to mention the work it causes for the Credit reporting bureaus – is astronomical.
What if some of the negative information on your report right now – are the result of someone using your report and making charges that they want you to pay?
We Fight Identity Theft for You
EditMy.Credit experts have extensive experience in rooting out identity theft damages, and working with the credit reporting bureaus to remove them from your report.
Our proprietary Credit Sweep process will discover Identity Theft markers through a thorough evaluation of your credit reports from all three credit bureaus- TransUnion, Experian and EquiFax. Today, an identity theft incident is not necessarily identifiable through major purchases that ring alarms at your lender’s fraud prevention department. Billions of dollars every year are stolen and credit blemishes are realized with small thefts running under the radar.
We use our own programs to find the subtle identifiers and take action against them, including using that proof to restore your good credit.