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The Cornerstone Group - Credit Repair Tampa Bay Florida
Frequently Asked Questions
How long
does it take?
Most of our clients will begin seeing positive results within the first 45 to 60 days after we begin the process.
Obviously, everyone's credit situation is completely different, so how long it takes for you to achieve your expected results depends on the nature of your case and the number of bad credit items on your reports. We will do the auditing, creating investigation requests and challenging of your reports, usually within 72 hours from the date we receive them. Most of the wait-time after that is spent waiting for the credit bureaus or creditors to respond. On average, most of our clients have obtain the desired result within 180 days.
How does it work?
There are many laws, both State and Federal that not only protect you - the consumer, but also regulate the credit bureaus and the creditors that report to those credit bureaus. We use our experience and knowledge to be your advocate in exercising your rights and correcting your credit reports with Equifax, Experian and TransUnion.
What happens after I enroll?
We analyze and perform a general audit of your credit reports for the purpose of identifying potentially negative inaccurate, outdated, misleading unverifiable and obsolete information and we will determine the best way to challenge that information. We may prepare and submit investigation requests, authorized disputes, validation requests or other necessary documents and submit them to the proper parties electronically, orally or by written correspondence for any and all of these items that we identify. We will use our experience, expertise, knowledge of relevant Federal and State laws, and best judgment to re-audit and/or re-challenge the inaccurate negative factors.
We will contact the credit bureaus on your behalf and will challenge the items using applicable laws, such as FCRA
and FACTA.
Is cleaning my report legal?
Absolutely! We use the laws that protect you, the consumer, and that regulate the credit bureaus and the companies that furnish information to them to accomplish our work. You are given certain rights under the Fair Credit Reporting Act and other laws, and we offer our experience, expertise and services to help you assert these rights.
The Credit bureaus would like to have you think otherwise, but the truth is that the Congress, when enacting the Credit Repair Organization Act stated that consumers have a right to seek help from Credit Repair Organizations.
Do you offer a Guarantee?
Yes!
Over Seventy Percent of credit reports contain information that is inaccurate, incomplete, unverifiable, misleading or obsolete. Our vast knowledge and experience in the laws related to credit repair allows us to have these negative items deleted from your credit reports. However, it is important that you understand that since the credit bureaus and/or creditors are actually the ones doing the deleting; - albeit, as a result of our investigations, we cannot, according to Federal law, legally guarantee what somebody else is supposed to do, or the specific result of a specific account. That is why we offer to you our money back guarantee.
REFUND POLICY: We want to make sure that we continue to offer the best guarantee in the industry, so if after 180 Days of being a client you are dissatisfied for any reason with your results you may request an evaluation of your account. Just send us current credit reports. We will calculate the total value of all successfully deleted and/or improved items and compare that amount to the monthly fees you have paid us. If what you have paid exceeds the value of deleted and/or improved items we will reimburse you the difference.
ADDITIONAL WARRANTY; If within one year from the date removed/deleted, negative information mistakenly reappears on your credit file, we will, at no additional charge, re-investigate to have it removed again.
How much bad credit does it take to be denied credit?
Even one small late pay listing may result in credit denials. Any negative credit whatsoever can become a substantial credit obstacle. There are also other factors that will play into the decision of the lender. What is your debt to income ratio? How long have you been with your current employer? The exact criteria used for granting or denying credit varies from lender to lender, but any negative/bad credit remark on your credit report may be enough to deny you credit.
Who looks at my credit report?
Lenders, insurance companies, Landlords, prospective employers, companies which you presently have a credit relationship with and anybody with a permissible purpose who wants to know who you are can get access to your credit file. In many situations your credit report will actually become your identity. People will know you not by who you are, but by what is reported about you from the credit bureaus. Obviously, those reports can be extremely damaging especially if they contain incorrect, misleading or obsolete information.
Can a bad credit mark actually be deleted?
Yes, they most definitely can be when they are found to be inaccurate, outdated, unverifiable, misleading, obsolete or legally lacking in some other way.
We are consistently researching new case law, amendments and methods that help us continue to be the best in the credit repair industry. That is why we back our service with our money back guarantee.
Does it matter which state I live in?
No.
The laws that regulate the credit bureaus and your creditors are mostly federal law. We have clients nationwide. Your rights are the same whether you are in Alaska or Alabama
Can I restore my own credit?
Yes, you can. You can also represent yourself in a court of law but that doesn't mean it is necessarily a very good idea.
We offer experience, knowledge, time and professional help at very affordable rates for your convenience and benefit. It isn't a coincidence that the Federal Trade Commission receives more complaints against credit bureaus than any other type of business. Remember, the credit bureaus are primarily interested in protecting their profits. Investigating your challenge consumes these profits. The credit bureaus will do everything in their power to discourage consumers from making progress with their credit restoration.
Restoring your own credit is like repairing your own transmission or representing yourself in court: it is possible, but you must decide if you are willing to take the time and assume the risks of doing it yourself.
According to a recent report by ConsumerReports.org, a Nonprofit, Independent firm, ; It isn't nearly as easy for consumers to correct errors as it is for the [credit] agencies to make them; Just as you are probably better at what you do than we would be we are probably better at credit repair than you would be.
Call for a Free Credit Report Review and Evaluation
727-565-1727
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