Restoring credit takes time. From getting and reviewing credit reports, drafting and sending dispute letters, to submitting required files by credit bureaus. But it doesn’t have to be that way. With the right and fast business credit repair software, you can save up to 90% of your valuable time in repairing credit.
A big part of restoring credit is identifying errors from a credit report. This process can take up to one to three hours, if you are not using fast business credit repair software. This is the time it takes to download credit reports from the three credit bureaus. Namely: Equifax, Experian, and TransUnion. Then review and compare each of the reports to see if there are errors.
The importance of getting credit reports from different bureaus
It is important to get credit reports from the three different credit bureaus to identify discrepancies. Believe it or not, errors in credit reports are very common. In fact according to an FTC study, one in five consumers find errors in at least one of their credit reports. Which leads them to have a low credit score. So, if you wish to improve your credit score or you’re providing credit repair services to clients, it is crucial to review credit reports.
After identifying errors in credit reports, it is time to draft dispute letters to creditors or credit bureaus. This can be done in an hour to a few days. Depending on the errors that are found in the reports. Discrepancies in credit reports can be as simple as typological errors to debt that had been paid or belonged to someone else.
How many dispute you should send to creditors and credit bureaus?
You may write more than one dispute letter to creditors or credit agencies that have errors in their reports. Drafting these letters can consume one hour or even a few days. This depends on the number and type of errors you found in the reports. It is crucial to make sure that all information in the dispute letters is true and accurate.
After sending dispute letters to creditors and credit bureaus that have wrong information in their reports, it may then take up to 30 days for the credit bureaus to reply. So it’s critical to attach all the necessary documents to prove your case in filing a dispute. This will help the credit agency easily verify the dispute.
With this process, repairing credit is indeed time-consuming. Fortunately, there’s a good way to make fixing credit fast, easy, and accurate. It is by using fast business credit repair software. The fastest and most automated credit repair software in the industry is the Credit Money Machine (CMM) Software. Here’s why.
Top Reasons Why the Credit Money Machine is the Fastest Business Credit Repair Software
1. It is the fastest and easiest software to get and review credit reports.
The Credit Money Machine Software allows you to get a full credit reportfor the last two years from the three different bureaus in just one click. Then the program detects and marks all the errors. The credit reports from Equifax, Experian, and TransUnion are placed side by side so you can easily see and compare the results.
2. It has ready-made letter templates to help you generate dispute letters within seconds.
It will automatically extract derogatory and assign dispute letters and reasons at the same time. There is also a built-in spinning system to make every dispute letter unique.
3. It detects and marks documents that needed to be attached.
It shows when there are missing documents that need to be submitted. So, you won’t miss attaching important documents to your dispute letters. These are helpful to prove your case and win the dispute.
Can’t believe how fast the Credit Money Machine works? Here’s a short video showing how to process a client in less than 10 seconds.
Here are more videos showing what the Credit Money Machine Software can do.
The CMM Software is great for consumers, businesses, and credit repair service providers. It is designed to make credit repair work easy, fast, and accurate. Helping you to save 90% of your valuable time. So you can spend it with your family, relaxing, or getting more clients to grow your business.
Planning to start a credit repair business? Read here to learn how to start a credit repair business.
Also check this all-in-one credit repair software for businesses. It is the only credit repair software with CRM integrated, Sales program, Marketing program, and Credit Repair program with all areas working together to catapult the credit repair business to new heights. Moreover, it is the only one that assigns the Dispute Types, Dispute Reasons and Dispute Letter automatically.