Credit reports are complicated to read and understand. We have been certified by FICO and can help you QUICKLY and at NO COST to determine if you have an error on your credit report. These errors come in all shapes and sizes, so to speak.
Just because an item is on your credit report on a legitimate debt, does not mean that a mistake hasn’t been made in the reporting of that item.
Many people will tell you that IF an item is a legitimate debt it cannot be removed from your credit report. This is simply not true.
If you have spent time reading through our website, listening to The Credit Show, reading our blogs or watching the videos we have posted you understand that errors happen all the time.
The FTC’s most recent report, 1 in 5 consumers (20%) has an error on their credit report. PEW research indicates the number is closer to 8 in 10. The truth lies somewhere in the middle.
The Fair Credit Reporting Act (FCRA) was put into place to ensure that the banking and credit systems have accurate information about consumers. The FTC and the Consumer Financial Protection Bureau (CFPB) ensure that creditors, collection agencies and the credit reporting agencies take seriously their responsibility to provide accurate information to the credit bureaus.
Credit reporting agencies, lenders, banks and credit card companies make mistakes all the time. We see consumers often that had a short sale during the economic collapse. Many consumers that have gone through a short sale suffer again when their credit report indicates that they had a foreclosure, when no foreclosure ever took place.
CRN specializes in finding errors like these and correcting them at no cost.
IF CRN is not able to correct reporting errors, we provide an EXPERT report to one of the attorney’s in our network at no cost to the consumer
Under the Fair Credit Report Act, a consumer is eligible to up to $1,000 in statutory damages and to have legal fees paid by the parties that violate if the errors are not fixed.
Credit Restoration of Nevada will provide an attorney for you at no cost if we are not successful clearing your report of errrors.