Have you heard about the OCR? No, it doesn’t stand for the Office for Civil Rights. The OCR that I’m talking about has to do with credit bureaus. The OCR (Optical Character Recognition) is used by credit reporting agencies as a way to scan dispute letters and categorize them properly. This system can be very problematic to the consumer who wants to challenge items that are reporting in their credit report.

Let’s look at what the OCR provides to the credit bureaus:

• OCR will reduce the chance for human error
• OCR may cut down on staffing cost
• OCR may be able to pull fingerprints to store in a database
• OCR can detect if a similar dispute letter has been used before
• OCR can analyze the letter and can assign an E-Oscar dispute code
• OCR can eliminate human investigation processes

As you can see from a business stand point, the OCR provides a huge benefit to the credit bureaus by allowing them to automate the dispute and investigation process. This software can even flag disputes as frivolous and has the capability to send automatic responses.

Let’s paint a picture. You’re ready to start cleaning up your credit and challenging negative items on your credit report. You purchase a DIY or dummy book on credit repair that cost you 5 or 10 dollars. You open the book and you find a letter to address those collection accounts that you have on your report. You copy the form letter just as it instructs you to do, fill out the company name, place your name on it and mail it off. Let’s say that 100,000 people used the same form letter for credit repair disputes. The OCR would immediately flag this as frivolous because of the amount of letters that are being sent that look the exact same.

A lot of credit repair companies will use similar form letters and pretty much all credit repair books will tell you to use form letters. If you use a form letter you are setting yourself up for failure before you even walk out your door and mail it. It is so important to know how to perform proper credit repair the right way. The truth is, very few credit repair companies know how to get around the OCR or even take the time to understand how it works. The result of this is, temporary results and repeat customers, if, the consumer comes back. The credit repair companies that do know the secrets will never tell you and will never share the formula they use.

There is hope; H & I Credit Solutions is doing something that has never been done before. We are exposing and unleashing the same tactics that we use to get amazing results for our clients, and putting this information directly in your hands. You can find out exactly how we beat the OCR and blast away large numbers of negative items in a very short amount of time.

You only need one resource to teach you exactly how to do it and that is our book titles “Kick Your Bad Credit to the Curb – Industry Secrets You Will Never Learn Online”.

The OCR is very tricky, with the proper understanding and knowledge, you will beat the OCR system. You will succeed and start enjoying a better life.

Empower – Educate – Take Action

H & I Credit Solutions

If you have had dealings with the credit bureaus you know that they can be very sneaky and demanding. Credit bureaus have a process that they use in order to process disputes, and you have to play by the rules in order to get the best results. When you dispute an item or items on your credit report you may receive several different responses from the credit bureaus.

Typical responses are listed below:

• We are processing your dispute
• We have received your dispute and are investigating the items you listed
• We have finished our investigation and the results are listed below
• We are unable to process your dispute because proper verification as not been met
• Please provide the required forms of identification in order to process your dispute

You may receive one of the five responses above when you start your journey in repairing your credit. You must know how to handle the last two stall tactics. Stall tactics are used by the credit bureaus in order to by time and discourage consumers. Imagine if you knew nothing about the process and you received a letter from a scary “Credit Bureau”, you may either send in the requested information or feel like they are going to find out that you’re not telling the truth. This type of tactic is very powerful when dealing with consumers as many will just give up and continue to feel helpless.

The credit bureaus have a habit of sending a response like the following:

Dear consumer,

We have determined that your dispute in fraudulent. We will not investigate this item again. If you have anymore concerns……..

Or,

Dear Consumer,

We have determined that your dispute has not been initiated by you and could have possibly been sent by a credit repair company. It is illegal to use a credit repair company………….

How do you get around these stall tactics? There are 5 items you will need to send in when you are repairing your credit. These items are a must in order to not get road blocked by the credit bureaus.

1. Dispute letter
2. Copy of your ID
3. Copy of your Social Security Card
4. Copy of a recent utility bill
5. Copy of your recent paycheck stub (black out the amounts)

Sending in these items will allow you to have more success. Do not get intimidated when dealing with the credit bureaus, even though they make money on processing your dispute they are not your friends.

Empower – Educate – Take Action

H & I Credit Solutions

When you make that decision to start repairing your credit it is important to understand some things before you start credit repair.

• Stay organized
• Keep receipts
• Make copies of receipts
• Keep your letters
• Make copies of your letters
• Keep a spreadsheet
• Don’t give up

You want to stay organized during the whole credit repair process. Get a filing system started and label your dividers into sections.

• Credit Bureau Disputes
• Original Creditors
• Collection companies
• USPS Receipts
• Identification

Always make copies of everything you receive or send. This will be used when you are disputing. Remember, if you can’t prove it, it didn’t happen. That’s just the way credit repair works and it can be brutal.

You will need to send a copy of your ID, Social Security Card and proof of your current residence. A copy of your utility bill, water bill, cable bill or cell phone bill with your address on it will help move the process along quickly.

Remember to follow these rules when you start repairing your credit to help you achieve a higher deletion rate. You can succeed in credit repair if you use these tips.

Empower – Educate – Take Action

H & I Credit Solutions

A lot of consumers want to do something about their credit for many reasons. The problem is that most people do not know what they need to do to take that first step in repairing their credit. The first step to repairing your own credit is very simple.

Step One: You must find out what is on your credit report.

I’ll admit, that I thought at one point, I pay all my bills on time so there is nothing negative on my credit report. My thinking was completely understandable because, if I pay all my bills and I haven’t done anything to jeopardize my report then it should be ok, right? Well stop right there, just because you are a responsible consumer doesn’t mean that someone else hasn’t stolen your identity.

So back to the first step…

Obtain a copy of your credit report from all three credit bureaus. This will allow you to see what is being reported and what is not being reported on each credit bureau. You may find that something that you were completely unaware of is reporting on your report. Something that is not even yours, how would that make you feel?

There are a lot of different sources of which you can pull your credit report. On a previous topic, I discussed how to get your credit report for free from www.annualcreditreport.com. The choice of how you receive your credit report is up to you. After you choose a method, get your copy and look through it. So that is your first step. Remember, all negative items on your credit report have to be verifiable. If the negative items are not verifiable, then by law it has to be removed.

Take that first step.

H & I Credit Solutions

Have you ever received something in the mail saying that you won a million dollars or that you have the key to a new car. Or maybe that we guarantee that your life will be better if you buy something. What is your first thought? You first might be thinking wow I could actually see myself in this situation and that would be great. But, there’s always that little voice saying “I wonder if they can really do it”.

With so many credit repair company’s out there, there are somethings that you should be mindful of.

In my opinion these are the top 10!

1. Any company that Guarantee’s a specific score.
2. Any company that ask for payment on services that have NOT been performed yet.
3. Any company that Guarantee’s they can fix your credit in 45 day’s.
4. Any company that talks about obtaining a new Identity.
5. Any company that charges an outrageous amount of money.
6. Any company that doesn’t offer a money back guarantee.
7. Any company that is not registered by the state.
8. Any company that cannot give you a time line of when services will be complete.
9. Any company that ask you to waive your rights under the Credit Repair Organizations Act (CROA).
10. Any company that guarantees removal of items.

An ethical Credit Repair Company will always tell you that every file is different and that they cannot guarantee removal of any item. An ethical Credit Repair Company will never use illegal tactics to remove items or illegally create you a new Identity.

There are a lot of scams out there that just want to take your money and run, that is the honest truth. H & I Credit Solutions has worked very hard to uphold an amazing code of ethics and we take pride in being apart of the Ethical Credit Repair Alliance (ECRA). We are very proud to be apart of this alliance and want our clients to know that we will never ask them or place our clients in a situation of illegal activity when restoring their credit file.

Empower – Educate – Take Action

H & I Credit Solutions