Credit Resource Corp. - What You Can Expect

CRC'S Credit Score Improvement & Education Programs

At Credit Resource Corp., we specialize in helping our client's increase their scores through credit improvement and education. We offer 6-Month and 90-Day programs as defined below. Regardless of which program or service you select, our goal is to make sure that you MAXIMIZE your current credit situation. We have an average success rate of 75-80% overall in correcting, or removing inaccurately reported information from a client's credit report, and on average, we see an increase in credit scores by 75 to 125+ points over a 4-6 month period. However, you will start seeing improvement within the first 45-60 days if not sooner. The increase can be even more significant if the client participates and follows the consulting advice given by Credit Resource Corp. from the beginning of the program.

In our programs we:

Educate you on how the credit scoring system works so that when you leave one of our programs, you have the tools and knowledge that you need to move forward in managing and maintaining your credit better -- for life!

Consult with you on 100% of what makes up your credit scores. Most people believe that the only reason they have a low score is because of late pays, charge-offs, bankruptcies, etc., but this is not the case. There are instances where someone with a bankruptcy may have a higher score than someone with just a couple late pays? There are many reasons why a credit score is low and the only way to know what those reasons are is through experience, research and staying on top of the credit industry laws and changes in the scoring model industry. CRC has successfully helped thousands of borrowers increase their credit scores under even the most difficult circumstances.

Unlike most credit companies, CRC's job doesn't stop at sending dispute letters to the three major credit bureaus because we know that only 35% of your credit scores are made up of credit repair issues. We coach you on how to establish new credit when needed, how to manage open active accounts strategially, and how to deal with unpaid collections and public records in a way that won't hurt your credit scores or finance goals. By making sure that everything is on track with your credit, including the 65% that has nothing to do with bad history, your potential score increase in our program is maximized.

We work hard for you, and if you are in the process of wanting to purchase a new home, we will work with your mortgage and real estate professional directly to determine what factors are key to loan approval.

6-Month Credit Score Improvement & Education Program - ~~$895.00~~ $820.00 w/promo code

For those borrowers who have credit scores below 680, with serious credit challenges including public records, collections, charge-offs, identity theft issues, bankruptcy issues, a lack of open active credit accounts and multiple inaccuracies reporting (including AKA's, wrong addresses, paid balance showing as unpaid, good credit not reporting), we offer a 6-Month Credit Improvement & Education Program.

Includes In Depth Consultation
Credit Profile Analysis Report & Take Action Plan
Four Dispute Cycles
Linda Ferrari's Comprehensive 6-Part Education Series on Credit Scoring
Account Statements (commencing after month 2)
On-Line Access To Your Account

Individual+1 Discount: ~~$1495.00~~ $1420.00 w/promo code ($710 per person)

(Individual+1 means any two people coming into the program together, starting their files at the same time. Husband/Wife, Individual/Spouse, Brother/Sister, Best Friends, etc.)

90-Day Individual Credit Score Improvement & Education Plan - $395.00

For those borrowers who have credit scores over 680, with one or two credit challenges keeping you from successful loan approval, or from qualifying for a loan at affordable interest rates, you may qualify for CRC's 90-Day program. Please note that CRC will not enter you into this program if your credit scores are under 680, or if you have more that 1-2 derogatory items reporting that need to be addressed.

Includes In Depth Consultation
Credit Profile Analysis Report & Take Action Plan
Two Dispute Cycles
Linda Ferrari's Comprehensive 6-Part Education Series on Credit Scoring
Account Statements (commencing after month 2)
On-Line Access To Your Account

What You Can Expect During the Program:

An in-depth consultation with a credit specialist. Your specialist will talk to you about your open active accounts, your derogatory history and all elements that are affecting your credit scores negatively. You should be able to walk away from this consultation with a very clear idea of how CRC can help, and what the Take Action Plan will be for both you and CRC.

A CRC Credit Specialist will then assess your current credit situation in great detail. This assessment takes several hours, and becomes the strategy used in the credit score improvement program. The result of this assessment will be your Unique Credit Score Analysis described below.

By week two, you will receive a Welcome Package from which will include:
Your first dispute cycle with the credit bureaus will happen within 10 days of starting your file. This is where letters are sent to the bureaus to challenge the accuracy of the negative items on your credit reports. In our 6-month program you will receive 4 dispute cycles, and in our 90-day program you will receive 2 dispute cycles. Our experience with working on thousands of files that a new cycle of letters should be sent every 40-45 days to avoid being labeled frivilous by the credit bureaus which could ultimately defeat the purpose of your credit score improvement program. Note: Only 35% of your credit score is made up of credit repair issues. So although sending dispute letters is an important part of the overall process, it is only a third of what CRC's program entails.
Depending on the strategy applied to your case, it could take anywhere from 3-6 weeks for you to start receiving paperwork from creditors and the three major credit bureaus showing the improvements due to the work CRC has done on your case. All you need to do is mail us everything you receive from the credit bureaus. The progress of your account depends on you making sure to mail all paperwork to us within 3-5 days of receiving it. This especially applies to those who are in the 90-Day program. You want to utilize every moment of Credit Resource Corp.'s expertise. Without this paperwork, CRC will not be able to give you an update on your account and we will not be able to enter into the next dispute cycle with the credit bureaus.
It would be impossible for CRC to know all the details about your credit profile. In order to maximize our efforts, we will need some more information from you. When you receive your first full credit report from each credit bureau (Equifax, Experian and TransUnion), we ask that you go through each trade line reporting, good and bad, and verify what is being reported about you. Your Credit Score Analysis will give you a detailed list of what to look for. Your job is to circle and make notes next to items that raise questions and to send us those reports as outlined above in 4. This Verification Process should only be done ONE TIME, on the first full credit report that you receive from each credit bureau.

Over the remainder of the program, you will receive statements on your account, credit education newsletters and applicable reminder emails from CRC asking for updates and paperwork as needed.

In month 4 of the 6-Month Program, CRC will audit your file to make sure that progress is on track as planned. It is at this time that a CRC Specialist will contact you either by telephone or email to go over any questionable or actionable items (i.e. collection accounts that have been verified, and will need to be negotiated.)

At the end of your program , you will receive a closing package (which includes a full statement on your account.) And several items that will help you continue to manage and maintain your reestablished credit in the future.

Please feel free to send your questions to info@creditresourcecorp.com.

Brought to you by Credit Resource Corp.
(866) 541-2500
1048 Irvine Ave., #636, Newport Beach, CA 92660