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| Credit Correction |
Beach Financial Services did not just happen over night. Many hours of thought were expended in designing and creating a correction service that would be affordable and provide the consumer with the best service.
For example, a consumer indicates to us that he/she has a need to credit correction. We will fill this need by excellent service at an affordable price. The consumers' credit will be corrected and we will also help that consumer obtain financing at a reasonable rate thereby fulfilling hi or her needs for financial benefits. If you have bad credit, consider the price this is costing you. Chances are it is costing you a lot more than it will cost you to repair your credit. You can either resign yourself to bad credit for at least the next seven years or you can do something about it. While others drive nice automobiles and their families live in beautiful homes, you are continually turned down for the nicer things in life…or even worse, you pay double what everyone else pays! It is depressing, but does not have to be the end…you can do something about it!
The Federal Trade Commission (FTC) and the Consumer Credit Protection Act (CCPT) have enacted over 300 regulations that Credit Bureaus, Collection Agencies and Credit Reporting Companies must comply with in order for any reported item to remain on your credit bureau. In other words, Credit Bureaus must back up the information they report on you. THE LAW AGREES. “The US, Government estimates that as many as 80% of credit bureaus contain inaccurate, false or outdated information.” In over 50% of cases these errors are bad enough to cause a consumer to be denied credit or approved at a higher rate of interest than they would normally obtain without the errors on their report.
When Beach Financial Services receives your file; it's reviewed to determine which items can be challenged. Each derogatory item is then challenged with a letter demanding that the reporting company prove they are in compliance with the law and regulations or removes the item. This is repeated with each of the three major reporting agencies. Once this process is complete, a report is sent to the client stating the measures have been taken on their behalf.
Usually, within six weeks, less in some cases, the credit bureaus will respond with verification of deletion summary showing the results of each challenge made. While the fill process can take up to 90 days, most clients see enough improvement in their score to qualify for a mortgage or lower interest car loan in as short as six weeks,
All of the regulations Beach Financial Services uses were put into place by the Federal Government to protect your rights as a consumer. Not only is this process legal, it is you undeniable right under the law.
We at Beach Financial Services look forward to serving your needs and Thank You for your confidence in us.
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