BEST HAND CREDIT SOLUTIONS
What is a Credit Sweep?
Credit Sweep involves fixing your bad credit in any way, shape or form. But when most people use the term "credit repair," they’re referring to the process of disputing errors on credit reports.
You can go through the dispute process for free with each of the credit bureaus on your own. This involves filing a formal dispute with the credit bureau(s) in question either online or by mail.
In your formal dispute, you want to provide a detailed explanation of the error and include any supporting documentation you have along with it. Many people don’t have the time to do their own credit repair or don’t understand how to make their case. So they look into hiring a credit repair company to dispute errors for them. These companies can charge a fee for their legwork—more on how that works below. There are times when the extra help is valuable. For example, if you have multiple errors across credit reports or you’ve been the victim of identity theft. This person is the perfect candidate for credit sweep.
How long does the Credit Sweep take?
Getting negative and inaccurate information off of your credit reports is one of the fastest ways to improve your score. Since credit bureaus have to respond and resolve a dispute within 30 days—a few exceptions can extend this to 45 days—it’s a short timeline. The timeline is particularly important when consumers want to buy a house, get a new car or open up a new credit card and don’t have time to wait to build good credit organically.
How Does Credit Repair Work?
To get to the heart of what credit repair is and how credit repair companies operate,
“Credit repair leverages your legal right to three standards: Credit reports must be 100% accurate, entirely fair and fully substantiated, too many lesser credit repair companies skip over those last two standards—which involve communicating with your creditors—in favor of depending on simple credit bureau disputes by themselves.” By using a reputable service one doesn’t have to worry about missing out on these important steps.
Ready for your credit to be repaired?