Increasing your Credit Score can help you overcome the Highest Inflation in 40 years

Does anyone really know why the cost is so high food, service, and gas prices fluctuate daily from station to station just by changing a billboard?

Increasing your credit score can help you overcome the highest inflation in over 40 years ironically right after a pandemic. The consumer is paying the price right now which is a direct effect of the pandemic as the government and corporations have to recoup their losses which means higher prices. A change of administration will not save your finances, nor will fighting for legislation that promises better opportunities to improve your life. Taking control of your finances is the key to prosperity and repairing your credit is where you have to start. This will save you in all areas of your life from interest rates to access to financial lending that can propel your personal and business needs. Corporations like airlines and Banks make mistakes and lose money all the time but they are covered by corporate laws and government bailouts. It’s time to bail yourself out knowing your financial rights starting with credit repair to achieve a credit profile history that enables you to reach your financial goals.

Did you know how Credit Bureaus really work?

Before attempting to increase your credit score it is important to know how credit bureaus “investigate their disputes” first which is why most people should hire a professional credit repair service to do it properly and efficiently.

This is how Credit Bureaus investigate their disputes:

If you get a notice from the credit bureaus telling you the information you disputed has been verified as accurate, you can request the method of verification, which is your right under section 611(aX7) of the Fair Credit Reporting Act (FCRA). The Credit bureaus must give you this information within 15 days of the request.” Each credit reporting agency has a different process for handling credit report disputes, but all three use a similar system. The three bureaus collaborated through their trade organization to automate the entire investigation process using an online computer program called E-Oscar. Want to see the form they use for collection disputes? Turn to the end of this section to see it!” “All disputes received by the credit bureaus from consumers are done via written letter, telephone, or the credit bureaus’ online dispute service. Even if the credit bureau receives a written dispute highly detailed and with documentation, each dispute is reduced to a two-digit code – the best guess of minimum wage employees.

According to testimony from Leonard A. Bennett, Testimony Before Subcommittee on Financial Institutions and Consumer Credit of the Committee on Financial Services Regarding “Fair Credit Reporting Act:

How it Functions for Consumers and the Economy

“The employees of all three CRAs operate under a quota system whereby each employee is expected
to process all of the disputes of an individual consumer in less than four minutes. Worse still, the “codes” used by both the CRAs and their subscribers (the furnishers) are limited in number and rarely describe the actual basis for the consumer’s dispute..” “For example, in two of my recent cases, both identical, consumers wrote dispute letters to all three bureaus. The disputes were conveyed in great detail and explained that the consumers were not responsible for the disputed accounts and that any signatures claimed to be theirs were forgeries. Each consumer dispute letter also enclosed copies of handwriting exemplars such as signatures on driver’s licenses, military IDs, and other credit cards. The name omitted had also obtained a copy of the forged note and included it in his dispute letter. When Equifax and TransUnion received the letters, their employees simplified the disputes to a code and the description “not his/hers. The [two-digit code indicating “not mine”] was all the furnishers received.” deposition was taken in a Pennsylvania case, TransUnion’s responsible employee explained the CRA’s

Statistics show that credit card balances and delinquency rates among non-prime borrowers and consumers with credit scores under 660 increased by the greatest percentage since early 2021 when inflation began to rise significantly. If high inflation continues the study projects delinquencies could rise to about 8.4% of total credit card loans by the first quarter of 2023, up from 8% in the first quarter this year. Consumers are also carrying a heavier debt burden month-to-month than in the past two years but can overcome that by credit repair. Our credit experts can delete all negative items from late payments, collections, bankruptcy, etc, and build your credit score and credit history file to meet the requirements for getting approved for personal and business loans from 10k to 250k in 6 Months.