Credit sweeps are a highly publicized and touted service among credit repair companies. Unfortunately for many unsuspecting consumers looking to improve their credit, credit transfer is a fraudulent and illegal practice. Monthly payments are reported to credit reporting agencies, which can help people improve a low credit score. Reputable credit repair companies will clearly state their prices and services, so consumers can select the right package for their needs.
But, even if credit sweeps were completely legal, it's worth noting that factual disputes don't take longer than a bad credit transfer (if the right tools are used). Credit Versio offers three plans that include unlimited dispute letters and monthly credit reports and scores. When looking for the right credit repair company for you, it's a good idea to review the CFPB complaint database and check how many complaints, if any, have been filed against you. So what is a credit sweep? What is it really? Well, the term sweeps credit, it's a phrase and a marketing trick to make you believe that the process of removing all negative information at once is legal and legitimate, when in fact it isn't.
When you see that other credit repair companies guarantee fast results, be careful to copy their methods. If you conduct a credit sweep that questions everything in your customer's credit history, but even if only one of the accounts has been opened by your customer, you are committing fraud. Adding these services allows Credit Versio to track any changes to your credit report should you need to send further dispute letters. Credit repair is a complex process, and if you don't take the right approach from the start, you could damage your case in the long run.
When evaluating credit repair companies, you should compare the services they offer and their initial and monthly charges. And now you understand that this process is completely illegitimate and illegal, it's important that you commit right now that no matter what happens as a credit repair professional, you will never use any sweeping method. Unfortunately, there are some bad apples in the industry that will go so far as to file false police reports to eliminate the negative elements of super-fast credit repair. Lexington Law is well known in the credit repair industry, with more than 17 years in business and availability almost all over the country (all states except Oregon).
Sky Blue Credit Repair also offers a 90-day refund policy, but it goes one step further and also allows you to pause and resume your membership whenever you want, a feature that isn't available at most other companies.
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