Score Plus – Rapid Rescore – The Rapid Re-score program allows can boost your credit score with the three national repositories in 5-7
business days.
How to get a va home loan with bad credit scores? We will forward documents supplied by you directly to Equifax, TransUnion and Experian for a rush investigation and current balance updates. The repositories will update credit information and trade lines on their credit reports.
How does the Score Plus program work? Your credit report may be inaccurately reporting data on your
credit file or your may have credit card debt that can way down your FICO
score. By paying down your credit card and loan debt to a certain percentage usually between 10-30% of the credit limit will improve your. We will review the document(s)
and then forward them to the requested bureaus. Each bureau will then verify
the documentation and notify that their update has been completed. Once we receives confirmation that the bureaus have been able to update credit
information for your borrower, We then repull new credit and advise you to
access the updated report and scores.
How long does it take to update credit information? While were unable to
guarantee a completion date, turnaround time to update credit information is
typically 5-7 business days from the time your request is received. If the
bureau rejects the documents, you will be promptly notified.
What types of credit information can Score Plus update?
Given
a verifiable document from the creditor, Score Plus can:
· Remove derogatory information
and accounts that were reported in error
· Update an account that has been
paid in full and closed
· Update the status of a
collection
· Update a balance or
paid-in-full status
· Update an account to show that
it was included in a bankruptcy
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