Credit Repair News and Discussion

Credit Repair, Equifax, TransUnion ,collection agency, creditors, fix credit bad, credit bankruptcy News and Discussion

Tuesday, September 13, 2005

Credit Repair in Canada

WHY YOU NEED CREDIT REPAIR
  • Credit reporting agencies (CRAs) in the U.S. and Canada such as Equifax, TransUnion and Experian have a great deal of control over the consumer by what they report.

  • Improve your credit scores. Improving your credit scores saves you money on interest rates, finance charges and more.

  • Potential Employers, landlords, insurance companies look at your credit report to check out your credibility.

  • You have been declined credit from a mortgage company, bank, auto dealership, credit card company, or any other lending institution.

  • You don't want to pay thousands of dollars extra in interest fees because of bad credit.

  • You just want to make sure that your credit information is complete and accurate with the credit reporting agencies.


URGENT NOTICE: You need to check your credit report today, as there may be problems on your credit reports caused by creditors, collection agencies and credit bureaus. These problems are REAL and are not caused by you.

Equifax and TransUnion Report on 25 million Canadians (approx) who have credit.
Let's say, for example, that each credit report has 20 items listed on each credit report.
That's 500 million pieces of credit information that the credit reporting agencies MUST keep accurate, complete and verifiable BY LAW.
QUANTITY OF CREDIT REPORT LISTINGS
Credit Reports25,000,000
Listings on reports20
Total Listings500,000,000
Listings change monthly x 1260,000,000,000
(60 billion)
While most of the items listed on a person's credit report are correct, there are those that are not. And it is not the fault of the consumer.
Even if there were one problem out of 10 credit reports, that would be 2.5 million people with credit report problems. We feel that the problem is much worse than that. We've never seen a completely accurate credit report ever. Even if you have good credit!


OUR MISSION STATEMENT
We help our clients demand that Equifax, TransUnion and anyone listed on your credit reports comply with both Federal and Provincial legislation to keep each credit item reported on each credit report accurate, complete and verifiable.

CREDIBLE, CONFIDENTIAL AND PROFESSIONAL SERVICE
Express Credit Repair is a professional credit advocacy which helps you get results from the credit bureaus, creditors, collection agencies, government agencies and anyone else who is listed on your credit reports. We practice credit repair in Canada. Our expertise in credit restoration helps to give you control with the credit bureaus that is almost impossible to get on your own.

We are familiar with all of the provinces' legislation regarding the credit reporting agencies. We work with the provincial governments and Federal Government on a daily basis to make sure that the credit bureaus are in full compliance of the credit reporting agency legislation and Federal PIPEDA legislation regarding your credit reports.

Express Credit Repair is a member of the Better Business Bureau and the Chamber of Commerce.

READ THIS BEFORE EVEN THINKING ABOUT DECLARING BANKRUPTCY

Hidden secrets about bankruptcy that will save you alot of grief!


BENEFITS OF OUR SERVICE
With our service you could save thousands of dollars in legal fees and months of frustration in trying to figure out how to get results with credit bureaus.

We will obtain your credit reports from TransUnion and Equifax as required*. Any item of information on your report that contains inaccurate, incomplete information is marked, and then it will be removed. Slow pays, collections, bankruptcies, consumer proposals can be disputed. For unverifiable inquiries made from financial institutions from previous credit requests, inaccurate names and address are removed. It takes an average of 60 days after we commence our work to start to see results with your credit reports.

We will work with you for one full year from the date we commence working for you to keep your files clear of any other inaccurate or incomplete records that might show up on your credit report. ALL credit bureaus will be kept clean and accurate.

THE FINAL RESULT OF OUR WORK is that all of the derogatory items on your credit reports will either be deleted, corrected, or proven accurate and correct.

CLICK HERE for a more detailed description of our member services

PEOPLE WITH GOOD CREDIT NEED TO ORDER THEIR CREDIT REPORTS

MORE ON CREDIT REPAIR
Credit repair is an important part of a company / person's financial health.
Most people hit hard times financially at one point in their lives. Temporary financial troubles make it almost impossible to keep current with bills and thus affects your future credit rating.

The Source of Inaccurate Information
Every day thousands of credit applications and / or credit account amendments are made in Canada. If you've ever worked with data entry on computers, you know how easy it is to make a mistake entering in information. It's extremely hard to double check each and every piece of information for accuracy and completeness as it's being entered into the system. From time to time errors go unchecked and are reported to the credit reporting agencies.

SEE OUR NEWSPAPER ARTICLE REGARDING CREDIT REPAIR (pdf format)

Can credit bureaus Keep Up with the massive volume of information?

In our opinion, a difficulty that a large Canadian credit reporting agency may experience is that they collect new information on millions of people each month. All of those people have approximately 10 or more pieces of credit information. We feel that it may be difficult for credit reporting agencies to keep all of that personal information accurate or complete each and every month.



SPECIAL REPORT - WHAT CRAs DON'T WANT YOU TO KNOW!

Come by and visit! Talk about Canadian Companies in the financial industry. This is a unique place to say whatever you want about every company. Rant, complain, talk, discuss, praise! You can say it all on at Canadian Money Advisor!
    This includes:
  • Banks
  • Collection Agencies
  • Credit Card Companies
  • Life Insurance Companies
  • Credit Bureaus
  • Mortgage Brokers
  • MORE!


Where else on can you speak your mind about the service, problems, or whatever else you've had to put up with from the Canadian Financial Industry giants for your whole life? This is the most comprehensive website of its type in Canada.


5 Comments:

  • At 6:31 AM, April 18, 2006, Anonymous Chris said…

    Hi, my name is Chris and I work at Help.com. A member forwarded a question to which I hope you can answer. He asks:

    "Is there any way to repair very poor credit?? My credit score is VERRRY low. I really want to buy a home but I feel really discouraged. I am getting conflicting information on whether or not to pay off old debts. My main objective is to buy a home and have good financial health. My timetable is to have a 580 score in 6 months. That is about a 100 point jump!! Are my goals unrealistic?? Am I just kidding myself??"

    After reading your article I thought you might have an answer. Any pointers you could pass along are much appreciated. Thanks!
    http://ssmith73.blogs.help.com/post/3/is-there-any-way-to-repair-very-poor-credit

     
  • At 7:18 AM, April 18, 2006, Blogger Monty Loree said…

    The answer(s) are quite simple:
    If you have a short time deadline, six months or less, to fix your very bad credit, it will not be easy to do so. If you have a little longer deadline, things will become progressively easier.

    I find that most people don't really understand the credit process and thus aren't clear what needs to be done to ensure that their credit score remains high.

    THE BASIC TWO THINGS TO DO:
    REMOVE THE BAD, ADD MORE GOOD
    If you've got bad credit it's probably because you need to get a higher ratio of good items than bad on your credit report.

    First thing to do:
    Get a copy of your credit report and see what's on there and note all of the bad items.

    It's really important to know exactly how and why these bad items appeared on your credit report.

    If there are any incomplete or inaccurate items listed on your credit report, you should immediately dispute them with the credit bureaus and creditors.

    Removing disputed negative items will help improve your credit report.

    Second thing to do:
    Put some good credit items on your credit report. You can quickly do that by getting some secured credit cards. These are credit cards that you give a security deposit for. They report to the credit bureaus like regular credit cards.

    These are some quick points that give the basic outline of how a person can get pointed in the direction of improving their credit score.

     
  • At 8:35 AM, July 01, 2010, Anonymous credit repair" rel="nofollow">credit repair said…

    Hello all come back here, I'll give a specific information for those of you who need a link that would have reduced your credit problems.

     
  • At 12:12 AM, January 11, 2013, Blogger Sara said…

    Credit repair is an important part of a person’s financial health. Unless you have a good credit, it will be quite difficult for you to qualify for any kind of loan or credit. Both secured and unsecured lenders will take into consideration your credit before qualifying you for any kind of loan. Thus, if you have a bad credit, then you should take steps to improve it. In this situation, the self help credit repair tips play a great role. Using these tips will not only help you improve your scores but will also help you save money. But again, it should be noted that taking help of self help credit repair tips will take quite some time to improve your scores.

     
  • At 7:55 PM, March 26, 2014, Anonymous Matt said…

    thanks for sharing a little bit of your blog! this will help us a lot!

     

Post a Comment

<< Home Page of Financial Maturity Blog