At Credit
Resource Corp., we specialize in helping our client's increase their scores
through credit improvement and education. 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 100+ 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.
Following
is a summary of what you can expect during the 6 months.
- Once we receive
your new client package, you will receive confirmation from CRC's new
accounts department that your paperwork has been received and that your
file has been started. If you are mailing in your paperwork, and you
do not hear from us within a week after sending it, please call us immediately..
- 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
6-month program. The result of this assessment will be your Unique Credit
Score Analysis described below.
- By week two, you
will receive a Welcome Package which includes:
- A 10-14 page
in-depth analysis report of the information on your current credit
profile and how that information relates to the credit scoring
system. Throughout the report we will give you specific instructions
on items that you will be responsible for during the 6 months
while you are in this program. In order to make improvements in
your credit scores, it is important that you follow our advice
as closely as possible, in a timely manner. The report will also
give you a detailed list of the items that CRC will be working
on for you.
- Several educational
documents on Credit.
- Depending on the
strategy applied to your case, it could take anywhere from 6-10 weeks
for you to receive the first set of updates 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. Remember, CRC will not be able to give you
an update on your account without this paperwork. Once we receive your
updates, you will receive confirmation of receipt from CRC within 3-5
business days. Again, calling during the 3 business day period may cause
delay in starting the next cycle of your file. Remember to allow for
mail time.
- 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 update 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 monthly statements on your account,
monthly credit education newsletters and applicable alerts on current
events in the credit industry.
- In month 4, CRC
will audit your file to make sure that progress is on track as planned.
- After the last
cycle (month 6), 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.
Following are the
fees and payments options for CRC's 6-Month Program:
6-Month
Individual Credit Improvement & Education Plan: $895.00
Option
A: |
Full
Payment. If you choose this option, you will receive
a $50.00 discount and the total
fee for the program will be $845.00 (plus you will not have
to pay additional merchant fees for a
total savings of $95.00)
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Option
B: |
Three
Pay Plan: $395.00 on start date, and two payments of
$250.00 due 30 days apart, starting 30 days from start date.
You do not have to pay merchant fees on this payment plan, so
you will save $45.00. |
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Option
C: |
Six
Pay Plan: $295.00 on start date, and five payments of
$129.00 due 30 days apart, starting 30 days from start date.
This plan includes a $45.00 Merchant Fee. |
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6-Month
Individual+1 Credit Improvement & Education Plan: $1495.00
($750 p/person - A $300 savings)
Option
A: |
Full
Payment. If you choose this option, you will receive
a $75.00 discount and the total fee for the program will be
$1420.00 (plus you will not have to pay additional merchant
fees for a total savings of $120.00
in addition to the $300 savings for 2 people signing up together. |
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Option
B: |
Three
Pay Plan: 795.00 on start date, and two payments of $350.00
due 30 days apart, starting 30 days from start date. You do
not have to pay merchant fees on this payment plan, so
you will save $45.00 in addition to the $300 savings
for 2 people signing up together. |
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Option
C: |
Six
Pay Plan: $595.00 on start date, and five payments of
$189.00 due 30 days apart, starting 30 days from start date.
This plan includes a $45.00 Merchant Fee. |
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JOIN A CREDIT
WATCH PROGRAM: Our experience in working with many clients has
proven over and over again that the "not knowing" and "waiting"
part of the program can be very unsettling. Many clients have their credit
report pulled several times because they want to know exactly where they
stand. Unfortunately, doing this causes what are known as hard inquiries,
which can bring a consumer's credit score down by several points. By signing
up for an on-line credit watch program while working with CRC you can
watch your scores during the process, and you will give yourself the best
possible chance of achieving maximum results in the shortest amount of
time by having access to your credit reports.
We refer our clients
to www.privacyguard.com.
This site offers a credit watch program that allows you to pull your scores
and reports from the three major credit bureaus every 30 days without
causing a hard inquiry. You can test the site for two months and it will
only cost you $1.00.
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