Need To Overcome a Foreclosure?

In 2008 Fannie Mae (the Federal Agency that holds the majority of U.S. mortgages) announced that they would increase the foreclosure seasoning period to 60 months or 5 years. This means that if you have had a foreclosure within the past 5 years you can not be approved for a conventional Fannie Mae loan.

If you have experienced a foreclosure in the past it is imperative to your financial well being that you work to repair your credit and challenge your foreclosure.

Even if you have not had a foreclosure in the past, fixing your credit report of negative items is important in helping you not tread down that path. A recent study shows that individuals with subprime adjustable rate mortgages were 3 times more likely to end up in foreclosure. Don’t let this happen to you.

How We Do It.

Once you complete your enrollment into the Score Surge program, you will receive a user name and password to access your online account. Your online account will show you all active credit items that appear on your credit report. You will be able to view the credit items that are being disputed directly with the credit bureaus, and you will be able to track the results of those disputes online.

The process for Credit Disputes:

1. We identify which credit items are in need of correction, and dispute those items directly with each applicable credit bureau. The bureaus then have 30 days to complete their investigation.
2. Once the credit bureau has completed their investigation of each particular credit item, they will send a letter directly to you advising you of the results of their investigation.
3. You then forward all correspondence you receive from the credit bureaus to us. We then update your account and move forward on your case. Due to the fact that each credit bureau and creditor reacts differently to investigations, it often takes several investigations to thoroughly update your credit profile.

The process for Credit Optimization:

1. The Score Surge program identifies the items on your credit report that could potentially offer you a higher credit rating.
2. Once these items are identified, they are detailed in the recommendations portion of your online account. Here we offer you a simple checklist of what you can do to optimize each of your individual credit line items.
3. 3. Provided you follow the recommendations, you will see that your credit will improve drastically.