What is a credit report?

A credit report is a complete snapshot of your financial profile and pay history tied to your social security number, complete with your address, credit card information, mortgages and other debts in your name. The three major credit bureaus (Equifax, Trans Union and Experian) also compile information on legal items, such as judgments, liens and bankruptcies.

 

Who can access my credit report?

Your creditors including credit card companies and mortgage companies are permitted to pull your credit reports. Any company that you have applied for credit with may pull your credit reports as well (auto, mortgage, credit card applications, etc.)

 

How long does negative information remain on my credit report?

Information will generally remain on your credit report for seven years—negative and positive.  In some cases, mortgages and credit cards may remain beyond the seven year mark as these accounts tend to be open for a longer period of time. Additionally, chapter seven Bankruptcies, tax liens and student loan defaults will remain on your credit report for longer than seven years. Student loans may remain indefinitely.

 

Is credit repair legal?

Yes. It is your right to have inaccurate, unverifiable and incorrect information removed from your credit reports. The Fair Credit Reporting Act , The Fair Credit Billing Act, The Truth in Lending Act and The Fair Debt Collection Practices Act all provide information regarding your rights and credit/debt law. CRN is in compliance will these acts in addition to other federal statutes.

 

Why is my credit score different with each bureau?

Not all of your lenders and creditors will report to each of the credit bureaus. It is not required that a creditor or lender report your information to each bureau.

 

Is Credit Restoration of Nevada Bonded and Insured?

As required by the Nevada Attorney General, CRN is fully licensed, bonded and insured. We carry the state required $100,000 bond. Additionally, we carry 1 million in professional liability insurance PER INCIDENT.

 

How do I get started?

Simply call us anytime at 702-778-2000 to set up a FREE consultation. We have operators and processors in our offices 24/7.