How long does the MultiPhase Program Last?

October 21, 2009  |   Posted in Credit Education, Credit Guy Blog   |   0 Comments  

The National Credit Solutions MultiPhase™ System is designed to last for 6 rounds. Each round lasts approximately one month. Not everyone needs all six rounds though, and occasionally people need more than six rounds depending on their unique credit situation. Some people are done in 45-60 days, but that it unusual. Like the owner of the company, Brad Boruk, says– it takes people years to harm their credit, so it takes time to put it back together again. I am typically able to provide a narrower time frame for the credit restoration after reviewing someone’s credit report.

Be wary of companies that promise you something that sounds too good to be true. If someone says they’re going to have your credit fixed in a week, run away. The credit bureaus have 30-45 days to respond to any inquiries you make with them, and they tend to push the edge of that time frame whenever they can, so expecting to have something done sooner than that is not realistic and a sure sign that someone is out to take your money and run. On the other side of things, be wary of companies that charge nothing up front, but rather charge a monthly fee with no time frame. Those companies will bleed you dry over time because they will only work on a small portion of the derogatory items on your credit report each month. They have no incentive to finish your file sooner rather than later, that just means they make less money. When credit repair is done right 99% of the work is done up front by a qualified research and processing team, so monthly processing fees with no end date should raise a red flag.

Overview of the MultiPhase™ System:

• Typically, in the first two phases, we go directly to the three reporting agencies, Experian, Equifax, and TransUnion, and perform an audit to ensure that all the laws have been followed by the credit reporting agencies and that the files have been documented according to the law
• In phases three and four, we conduct a certified validation of debt with original creditors and collection companies and a certified validation of public records
• In phase five, we repeat phase one and, if necessary, enlist the assistance of our attorney who specializes in demanding corrections be made and/or accounts be deleted
• In phase six we can work settlements on our client’s behalf. This is done only as a last resort to help the client accomplish a particular goal
• Throughout this process our dedicated Client Services Department works with the client on an individual basis to ensure that the client is utilizing their existing credit so as to maximize their credit scores. This also includes, if necessary, assisting the client in obtaining new lines of credit.