Whether you’re repairing your own credit, or a friend’s, or you’re growing your credit repair business, whenever you’re starting the disputing process, remember this –
It all boils down to the low-hanging fruit!
That means you want to go right for the EASIEST items first, and just pick them off, one by one. First, you should remove as much negative information as possible, and with the least amount of effort.
So, your BEST bet is by starting with these two methods ...
Now, if you’re not sure what these terms mean, don’t worry! Almost all Credit Heroes seem to confuse these two methods, whether they’re new … or very experienced!
The thing is, they’re BOTH important to understand, because each of them is its own part of disputing, and by fully understanding them, you’ll get the BEST results, faster, and be WAY ahead of the curve!
Let’s look at the meanings one at a time, and get really get clear on what each one is saying ...
Now, sometimes people misunderstand verification as a legal maneuver, when it really is an action used to describe how you can place the burden of proof on the credit bureaus or furnisher to verify questionable information – without needing to provide ANY cause, any reason, or any justification.
What that means is, if you are unable to locate a factual error on a specific item, you can simply request verification – for any reason!
Once you do that, the bureau or furnisher is REQUIRED to conduct an investigation and verify the information is accurate and complete.
And, if they are unable to, or if the furnisher that reported the information fails to respond to the verification request, they are REQUIRED to delete it.
Okay. So verification is clear! Now let’s dive into the other misunderstood credit repair
term…. Factual disputing.
Disputing is one of the most common terms you hear in credit repair, but it’s confused all the time with verification or validation. Under the Fair Credit Reporting Act, it’s your RIGHT to dispute questionable information based on assumption, or based on fact.
“What dispute letters should I send first?”
OK! Now that we’ve cleared up the meanings of verification and factual disputing, let’s look at what you should do FIRST.
When you’re sending off your first dispute letters, I always recommend you start with the path of least resistance, which is: Verification.
In your Credit Repair Cloud software, you can choose Round 1 as your letter, and you’ll only need to change two things:
You’ll be AMAZED by how many items are deleted simply because the furnisher fails to respond to the bureaus within 30 days.
So, go ahead and request verification of a few items at a time.
Next, if you are aware of any factual errors, or inaccurate, outdated, or incomplete information, you can also start Factually Disputing.
For example, if you settled a collection account and have a written and signed agreement that the account would be deleted – go ahead and include that proof and factually dispute it as one of your first items.
Then, maybe you have a late payment showing up that is over 7 years old. So go ahead and dispute that as well, because that’s beyond the statute of limitations.
The idea of factual disputing is to try to pinpoint errors and inaccuracies, if at all possible, as opposed to just sending a bunch of blanket disputes.
Now that you have a solid picture of exactly how to start the disputing process, you’re ready to get great results!
And, if you want to get certified in disputing and launch your very own credit repair business in just a couple of weeks, I invite you to join our Credit Hero Challenge!
It’s an amazing program that has helped tons of Credit Heroes get their first clients, get certified in disputing, and gain confidence in knowing they are launching their credit repair business on a solid foundation that allows them to grow and scale FAST!
We’re starting again soon, so SIGN UP NOW at creditherochallenge.com!