Credit Bureau Clearance - Why you should hire a company for assistance.
Here are reasons why you should hire a trustworthy credit bureau clearance company instead of trying to do it yourself.
In life, milestones like buying your dream home, getting that perfect high paying job, or getting your ideal car are all important. These are all significant steps towards feeling like you have accomplished something. However, how can you make progress when you have a low credit score?
Furthermore, your credit report and having a good credit score will be crucial factors in determining many of your future financial decisions. Having your credit score increase by five points or decrease by five points can make an enormous difference when you apply for a home loan or vehicle finance. Your credit report might even influence the outcome of an employment application.
A good credit score consists of a score above 620 in South Africa. The average South African consumer credit score ranges from 570 to 650, and nearly a third of credit-active consumers have credit scores far below six hundred. Your future financial choices will be severely limited if you do not have a respectfully high credit score.
Credit bureau clearance or ITC bureau clearance involves disputing inaccurate, unverified, or paid-up items on your credit report with the four major South African credit bureaus: Experian, Compuscan, XDS, and TransUnion. By removing these adverse listings, you can set yourself up for financial freedom and increase your credit scores simultaneously.
Do I have the ability to restore my credit report and improve my credit score on my own?
You certainly can. Each credit bureau in South Africa will provide you with one free copy of your credit report every year, which you can use to check and dispute any incorrect or unverifiable information on your own.
It takes time and inside knowledge to resolve a dispute with bureaus without the assistance of a reputable credit clearance company.
Credit Clearance companies like us help take away all that extra time and hassle the do-it-yourself credit clearance would cost you. In addition, our expertise, and our vast knowledge of what to look for can offer you a valuable advantage. In addition, we provide a free aftercare service of six months for any questions and advice.
You might still be uncertain, so here are a few more reasons why collaborating with us to restore your credit scores and credit reports is a promising idea.
We will save you time:
Besides having a busy schedule, you will have to squeeze in extra time to call all the bureaus to request reports. After this process is complete, you will need to carefully review all your credit reports to find backlisting and unpaid listings. Aside from this, you might miss listings that would qualify for removal or updating. If you lack experience or are unaware of what should get removed, you might miss these removal opportunities.
To update or remove adverse or paid listings with all four credit bureaus, you must communicate with each of them via e-mail or telephonically. You also lose time you could be spending on something you enjoy.
We manage everything related to credit clearance.
Finances can cause stress and dealing with those difficulties can add to that stress. The added pressure can inhibit your ability to focus on finding a solution. When you work with our credit bureau clearance company, everything gets managed for you.
Our firm provides credit bureau clearance services in a stress-free manner. You can expect us to negotiate discounted settlements with your creditors, remove inaccurate information, and update any adverse account statuses on your behalf.
We also deal with the four main credit bureaus to ensure your credit report reflects the positive changes we have implemented.
Our Credit bureau clearance service offers the following services:
- A comprehensive review of your four main credit bureau reports.
- Drafting and preparing relevant documents and letters to all the Credit Bureaus
- Contacting and negotiating with law firms and collection agencies.
- Disputing all adverse listings
- Our team will patiently examine all your related issues and assist you in resolving them efficiently and effectively.
- Recommending and discussing any plan of action to reduce debt to income ratios.
- Recommending and discussing how you can increase your credit scores.
- If you use our credit clearance service to improve your credit report, you will have a better chance of getting the home or car you want.
We will save you money with our credit bureau clearance service
Credit bureau clearance specialists know exactly where to spot commonly overlooked errors that are sometimes hard to catch, like prescribed debts, retention periods and if data which was listed against you unfairly.
Since we are experts, we know how to aggressively dispute and remove paid and prescribed items from credit reports. We will also assist you in creating a repayment plan to help you get rid of any debt since high-interest loan payments can spiral out of control over time.
In addition to helping, you restore your credit report and score, we will educate you on what you need to do to have a good credit report in the future. We will assist you in strengthening your financial management techniques. Aside from providing personal finance tools under our aftercare service, we also assist with credit monitoring and credit score tracking for free.
We know all the Credit bureau loopholes.
Credit bureau clearance can be confusing due to the ever-changing credit Act and its terminology and nuances. It is essential to understand the four major credit bureaus and how they work. Each bureau has a different dispute process, so knowing how to dispute adverse against each bureau can be helpful. You will also benefit from learning ways to spot and monitor errors that appear on your credit reports and scores. Although you can do this for yourself, our credit clearance experts know how to manage any situation quickly and efficiently.
The skills we possess as negotiators are exceptional.
Trying to negotiate a reduced settlement amount can be incredibly challenging.
Every day, we collaborate with attorney firms, financial institutions, banks, collection agencies, and credit bureaus.
With our experience dealing with these credit providers and collection agencies, we can negotiate the most advantageous agreement for all involved.
The practical benefits of a good credit score!
You can benefit from a good credit score in the following ways:
- Qualifying for loans will be easier.
- You will get approved for credit cards with higher credit limits.
- You will be able to rent a house or a townhouse effortlessly.
- You will qualify for lower interest rates on home loans and vehicle finance.
- You will receive lower interest rates on personal and revolving loans.
- You will not get declined employment opportunities due to a low credit score.
What negative items appear on my credit report?
You can find both positive and negative listings in your credit report. The following items harm your credit score and your creditworthiness:
- Judgments
- Tax Judgments
- Defaults
- Sequestration court orders
- Debt review indicators
- Administration orders
- Trace Alerts
- Poor payment Histories
- Excessive amounts of payday loans
- Several credit inquiries within a brief period.
How can I improve my credit?
- You must always pay on time for all credit agreements.
- If you want to open new accounts, do so sparingly.
- Make sure any accounts with arrear amounts get settled.
- Reduce the ratio of credit you use
- You should avoid closing old accounts, especially those which have a good record.
- Consistently monitor your credit report and scores
- Consider using our credit bureau clearance service to deal with any adverse situation swiftly and professionally.
My credit score is determined by what factors?
Five main factors affect the credit score you receive from each credit bureau:
- The ratio of credit usage.
- Your payment histories.
- How old are your accounts?
- What types of new credit have you obtained?
- Adverse listings like judgments and defaults.
Conclusion. Is the credit bureau clearance service from Credit Salvage right for me?
Our credit bureau clearance service may be the solution for you if your credit report contains any adverse, inaccurate, old accounts that need prescription investigations or mistakes that you cannot seem to fix on your own.
We will quickly and professionally create a plan of action to communicate with your creditors and all the credit bureaus to ensure only accurate information gets displayed on your credit report. We will also ensure that credit bureaus update and correct incorrect information.
The essential thing to understand is that we or any other credit clearance company cannot instruct the bureaus to remove legitimately adverse or unpaid listings from your credit report. We will, however, still collaborate with you to negotiate a discounted settlement that will lead to the update or removal of the adverse information. We do not stop until we have improved your credit report.
You may be able to take steps to resolve your credit bureau problems by yourself, but we recommend reaching out to one of our reputable credit clearance professionals for assistance.
Apply today by clicking the picture below so we can start the process for you
