Pexels gustavo fring 4173191

Credit Restoration: How It Works, Who Does It, and Can You?

Consumer Credit File Rights Under State and Federal Law

"You have a right to dispute inaccurate information in your credit report by contacting the credit bureau directly. However, neither you nor any 'credit repair' company or credit repair organization has the right to have accurate, current, and verifiable information removed from your credit report. The credit bureau must remove accurate, negative information from your report only if it is over 7 years old. Bankruptcy information can be reported for 10 years.
"You have a right to obtain a copy of your credit report from a credit bureau. You may be charged a reasonable fee. There is no fee, however, if you have been turned down for credit, employment, insurance, or a rental dwelling because of information in your credit report within the preceding 60 days. The credit bureau must provide someone to help you interpret the information in your credit file. You are entitled to receive a free copy of your credit report if you are unemployed and intend to apply for employment in the next 60 days, if you are a recipient of public welfare assistance, or if you have reason to believe that there is inaccurate information in your credit report due to fraud.
"You have a right to sue a credit repair organization that violates the Credit Repair Organization Act. This law prohibits deceptive practices by credit repair organizations.
"You have the right to cancel your contract with any credit repair organization for any reason within 3 business days from the date you signed it.
"Credit bureaus are required to follow reasonable procedures to ensure that the information they report is accurate. However, mistakes may occur.
"You may, on your own, notify a credit bureau in writing that you dispute the accuracy of information in your credit file. The credit bureau must then reinvestigate and modify or remove inaccurate or incomplete information. The credit bureau may not charge any fee for this service. Any pertinent information and copies of all documents you have concerning an error should be given to the credit bureau.
"If the credit bureau's reinvestigation does not resolve the dispute to your satisfaction, you may send a brief statement to the credit bureau, to be kept in your file, explaining why you think the record is inaccurate. The credit bureau must include a summary of your statement about disputed information with any report it issues about you.
"The Federal Trade Commission regulates credit bureaus and credit repair organizations. For more information contact:
"The Public Reference Branch
"Federal Trade Commission
"Washington, D.C. 20580".

Also The Fair Credit Reporting Act
 
Pexels pixabay 259027

T.I.P. Service: How It Works? Buying Your Net Worth!

Prosperity Reserve Fund is a concept utilized as a tax free storehouse of money for your savings and opportunities(investing, business, etc...)  We develop a properly structured High Cash Value Life Policy that will be a source of Wealth Building, Supplementation, Wealth Transference, Asset Acquisition, College Funding, Retirement Planning, Real Estate Investing and many more options.  We will share in the fund equity that will be built.  This concept has been used by the likes of many business magnates.
  • Ray Kroc (McDonald's Corporation) borrowed money from two of his cash value life insurance policies to help pay his employees and to start his Ronald McDonald marketing campaign. 
  • James Cash Penney (J.C. Penney's) Used his cash value to save his business during the Great Depression. Which ultimately saved his business eventually going public on the stock market due enlarge to the safest and most secure asset on the market even though it took 20 years for the stock market and real estate market to rebound
  • Max and Verda Foster (Foster Farms) borrowed from their life insurance policy to invest in an 80-acre chicken farm that would take across the world and back with there products.
  • Walt Disney (Walt Disney Company) failing to secure enough financing for the building of his dream amusement park Disneyland, borrowed a large part of it from his cash value life insurance policy.  While is tough times his policy’s cash value continued compounding for him despite the loans needed to finish his vision
 to name a few.
This is our way To Insure Prosperity!