KillMyBadCredit
When one door closes another door opens; but we often look so longingly and so regretfully upon the door that closed, that we fail to see the one that has opened for us.

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FAQ



Why should I trust Coleman's Independence Institute?
First, of all we have a total of 7 years experience,  personal & business in the Credit Analysis and FICO Score Enhancement Services. I've been personaly taught & certified by the best in the industry whom owns his own successful Multi-Million $$$ Credit Consulting firm. By visiting this website and reading our home page, you see that our knowledge is exstensive. We are members of the (ECRA), which is like the a "Better Business Bureau" of the credit repair profession.

Due to numerous "scam artists" who offer "credit repair" (but in the end, do nothing more than rob their clients of their hard earned dollars) the public is generally skeptical of credit repair profession. But, like any industry anywhere, there are good companies, average companies, and really poor companies. You really need to do your homework when it comes to searching for the credit repair company that is best for you and your needs.

How do errors occur and how frequently?
Depending on the source of your statistics, estimates of credit bureaus' errors run as high as 90%. The Attorney General of New York State has estimated that credit bureau errors are in at least one-third of all reports, the United States Congress has estimated that errors exist in at least one half of all reports, a Consumers Union study found errors in 40% of credit files and the Charles Givens Organization conducted a study in which 90% of the credit reports reviewed contained errors.

Should I apply for credit while in the restoration process or while Coleman Independence Institute is repairing my credit?
NO. Each time you apply for credit an inquiry is recorded on your credit report. Too many inquiries can, in and of itself, be a cause for you to be denied credit.

You should only apply for credit when you are finished with the credit restoration process to your satisfaction.
Take the time to ask a potential creditor for the criteria used in making credit decisions to determine, in advance, if you will qualify for their credit.



How long should the credit restoration process take?
The restoration of your credit report is not an overnight project, anyone who tells you different is lying to you to get your money. You should reasonably expect this process to take somewhere between 35 days and eight months, perhaps even a year. The delaying tactics and obstacles the credit bureaus will be throwing at you will be used on an ongoing basis to prevent the restoration of your credit report. Remember: YOUR CREDIT REPORT HAS BEEN DEVELOPED OVER MANY YEARS AND CORRECTING IT MAY TAKE SOME TIME. BE PATIENT!!

How long does it take for the credit bureaus & collection agents to respond once we start the dispute process & what do I do when I receive a response by mail.
First, the credit bureaus will send an updated credit report or letter between 30-45 days, which the law allows. It's mainly the same for collection agents. Anywho, once you receive correspondence from them - make copies for your records then fax them here @ 903-257-5936 or mail them here: Coleman's Independence Institute, P.O. 46, Atlanta, Texas 75551


Why does the credit restoration process take so long?
The FCRA requires that the credit bureaus conduct their investigations of disputed info. in a reasonable period of time, which by law is 30-45 days.

Why not to dispute your credit report online instead of through the mail?
That's what the credit bureaus want you to fall for, because by disputing online you are stripped of your legal rights after the first round of
disputes. This is hidden in the "fine print", which stops you from having a paper trail or (horse to ride in on) in court, figureatively speaking. For example; the item(s) you're disputing come back verified and correct (unchanged), you can't dispute that item for another 12 months - you see the tricks the credit bureaus play with you.

Why do I have to send all correspondence from the credit bureaus, collection agents, creditors, & attorneys that I receive to Coleman's Independence Institute?
So, we may answer in the proper alotted time allowed, which 99.9% of time it's within 30 days that collection agents or attorneys give you to respond before they can sue you or file a default judgement on you. We know how to answer them legally and stop them dead in their tracks. And, we know how to do debt negotiation in a way that will get you what you want - positive results; a deleted negative or an update!

Does paying off past-due accounts offset their negative status?
No. Many people presume that if they pay off an account, the previous negative information is automatically deleted from their credit reports. What you don't know is, once an account is late, sent to collections or charged off, the negative information is reported until the accepted amount of time is up. If you pay off an account or become current, your credit is better than if you never paid it at all, but the previous negative information remains the same.

Will deleted items reappear?
The Fair Credit Reporting Act makes it very difficult for the credit bureaus to report negative items more than once. Does it happen on ocassion? Yes, the credit bureau make mistakes. We will simply re-challenge this item with the magnitude of the previous deletion in our favor. Statistics show, there is a 1 in a 2,500 chance or 1 in 3000 chance it may reappear, which is a slim chance, but by law they cannot place it back on your credit report after the 2nd time. We will dispute and remove it if they try this tactic.

Our pay after deletion program is different than other credit repair companies in several different ways

Pay For Results Business Model

Our pay after deletion program has been specifically setup to ensure that we will ALWAYS have an incentive to do our best. The better we do the more we get paid. Since we know that we will earn more money if we do a better job we have a great reason to make sure that we not only do a good job but we also know that if we continue to learn new advanced tactics we will ultimately be compensated for our time as well. The more we continue to learn about credit repair the better results we will have and the more we will be compensated.

Advanced Tactics

We currently employ over 25 different credit repair tactics to remove negative items from a clients credit report. Most companies do not use these tactics because they either donít know how to do them or they just canít justify the expense associated with the tactic. Since we get paid based on the actual deletions we can justify spending extra time and money to obtain results