A Dirty Little Secret
The Fair Credit Reporting Act (FCRA) requires Credit Bureaus to remove all incorrect and/or unverifiable information from your Credit Report, however, their Systems and Procedures have been setup to automatically read, classify, and dispose of Credit Disputes they receive as fast as possible, without any human intervention at all, and without any real verification of the information aside from a quick automated check into the Creditor’s reporting system. When Credit Bureaus receive a Dispute from a Consumer, they will scan the Dispute Documents, run them through an OCR Scanner to detect all the text in the Document, then analyze the text to try to match the text to one of tens of thousands of prior Dispute Letter Templates they have previously received from other Consumers. Once they have a match, they will automatically decide what response to send to the Consumer and what action to take.
The problem here is that the default actions are typically to ask Creditors if the information in their system is correct, and if they confirm the information, then the Negative Item is not removed. This “Verification Process” typically happens within a few seconds and is fully automated, which means the Disputes Letters are never even read, and no investigation is performed at all – The System just spits back to the Consumer the information reported by the Creditor and claims the information was “Verified”. This behavior is actually illegal, but Credit Bureaus get away with it all the time. The only way to get around their automated systems and get dispute letters read by a real human being is to use what we call “Manual Credit Repair”.
What is Manual Credit Repair (MCR)?
When Negative Items are disputed using Custom-Made, Unique, Hand-Written Letters, we call that Manual Credit Repair (MCR). Because the Letters are written by hand, with a variety of different hand writing styles, and particularly hand-writing that is hard for OCR Scanners to identify, these Letters end up under the “Manual Review” stack, where a Real Human Being will be assigned to read each Letter and determine what action to take. When this happens, the chances of getting a Negative Item removed is increased dramatically. Think about Dispute Letters as E-Mails in an E-Mail Inbox. The E-Mail System tries to filter out “Spam” so it can show you only relevant and real e-mails sent by real people. This is the same thing Credit Bureaus are doing with Disputes – Trying to filter out the “Spam”, which is all the Computer-Generated, used and re-used Templates 95% of Consumers and Credit Repair Companies use to dispute Negative Items.
3-Way Disputes with Creditors, Credit Bureaus, and FTC
We simultaneously dispute each Negative Item with a dispute letter to the Creditors, the Credit Bureaus, and the FTC. In many cases, we will not get a response, which automatically qualifies the negative to be deleted. In other cases, one or the other target will be the right one to grant our requests and call for the elimination of the negatives. This 3-Way Dispute method is much more effective than the One-Way or Two-Way Methods used by the vast majority of Credit Repair Companies out there.
How Long Does 3-Way Manual Credit Repair Take?
As soon as you sign up, we immediately analyze your credit report and select and prioritize Negative items that we find. This happens in the first day.
In the next 3 to 5 days, we will prepare custom, hand written dispute letters designed to get attention from human reviewers and convince them to remove the negatives. We mail these letters to the Creditors’ dispute departments, the Credit Bureaus and the FTC.
Finally, we manage and finalize disputes, continuing to re-submit until all negative items are removed. Usually, within four to eight weeks, a good portion of the negative items should come off, and whatever has not yet, – we continue disputing until they come off. Your credit report is cleaned up and your credit score is raised significantly.