Frequently Asked
Is Credit Training legal?
Yes, credit training is legal and our credit education and document processing services will help you to use the law in your favor. That law is called "The Fair Credit Reporting Act." The FCRA gives you the right to dispute any item on your credit report. If that item cannot be verified within a reasonable time (usually 30 days) it must be removed. Studies have shown that 79% of all credit reports contain errors. This is nearly 8 out of 10 reports. Therefore most credit reports improve immediately. For items disputed that are not errors, a creditor or furnisher is often unable to find the records or signed documents within the allotted time and the item gets removed. Sometimes the furnisher will say that the disputed item(s) has been verified but not offer any proof. It is our job to prepare documents that challenge this and we are very skilled at that.
Is Credit Training and Education worth my time and money?
Contrary to what credit bureaus want you to believe, credit training does work in most circumstances. But it only works if you are getting the best advice from an experienced professional. Anyone with a credit score below 720 can benefit long-term from the advice and information provided through credit education. However, there are limiting factors that will prevent us from helping you. The two main factors are: (1) your financial situation and/or (2) the time frame in which you need to reach your results. It is possible to remove anything from a credit report, even accurate items. For instance, if the creditor makes mistakes or does not adhere to the specific time frame, the negative item may be removed.
What can I expect when I enroll in New Day Credit Repair's Services?
We will guide you through the process from start to finish and prepare all your documents for you. We have a superb knowledge of credit scoring and experience working with creditors and credit bureaus. It may be difficult for an individual to communicate with creditors and bureaus without an adept understanding of their techniques and regulations in place for credit reporting. We have spent a great deal of time learning the laws that will help you to remove negative information on your report, which enables us to offer you a flawless, money back guarantee system.
What is your Money Back Guarantee?
Credit repair takes time, and there could be some negative information, which is accurate, that we will NOT be able to remove.
- When removing negative items from credit reports, there are no loopholes that we can point to and say, “Aha! We've got you!”.
- We only get results when we use the Fair Credit Reporting Act, (FCRA) (15 USC 1681), which is the law of the land, and the law is on your side.
- Our job is to understand the FCRA, inside and out, and hold the Credit Bureaus accountable to the consumer protections that are outlined in it. We do this by applying continual pressure towards them and being a constant reminder of what the FCRA says about your specific situation.
After 90 consecutive days of our service, our Money Back Guarantee is available to you, if:
If the above criteria have been met, you are entitled to a full refund. Your refund will not exceed the amount you have paid to New Day Credit Repair LLC.
- You do not see more than 25% of all the negative items we've worked on, removed.
- You have used our services for 90 consecutive days.
- You have made all payments, as agreed upon.
- You had at least four negative items on your credit report at the time of sign-up.
- You have had no additional negative items added to your report(s) after the time of sign-up.
- You have not used a credit-consulting agency nor attempted to repair your credit less than two years before sign-up.
- You have sent updated reports from the three credit bureaus to us within 5 days of receipt, as agreed upon.
- You have forwarded updated credit reports to us every 15-45 days or made us aware if updated reports have not been received, as agreed upon.
- This guarantee is not meant to imply a guarantee of a specific outcome.
If the above criteria have been met, you are entitled to a full refund. Your refund will not exceed the amount you have paid to New Day Credit Repair LLC.
How long will it take to raise my score?
Through our services, 93% of our clients see their credit score increase 10 points or more in the first 35 days. After 180 days the average credit score increase is 80 points. See full statistical breakdown.
Why are your results different?
The difference we bring to the table is, we continue to challenge all of the replies we receive from the bureaus. In some cases we have challenged them 7 and 8 times. It's also important to know that there are two sides to the credit score battle. Sometimes, the creditors and the credit bureaus have done absolutely everything right and we have no case against them. However, on average, clients are able to remove 70% of the negative items from a credit report.
Will the removed items come back?
Items cannot come back as long as the item is current or paid at the time of removal or if the collection is older than three years. This holds true except in very rare circumstances.
What items can you help me to remove and improve?
With our assistance and document processing, our clients have had great success with bankruptcies, foreclosures, collections, charge-offs, repossessions, medical bills, credit card debt, inquiries, late payments, old addresses, judgments, tax liens and student loans.
These people had amazing results!
|
"Crazy good service! I was trying to do this on my own with no results. In just a few months my score increased by 62 points! I am now a big fan and would encourage anyone who has any issues with their credit to at least go through New Day’s free consultation!”
Chad H. |
"I am soooo glad I found New Day! They were able to increase my scores significantly and also explained the pitfalls to avoid in the future. I highly recommend this company!" Dan M. |
"I had been looking for a company who sounded trustworthy. All of the other companies I talked with sounded shady, like I was going to run away with the information they gave me. New Day provided the information that I needed to make a qualified decision. Thank you New Day!"
Elise G. |
