Dispute credit report: 4 Dispute Secrets

All right, so, if you are
a credit repair company or someone looking to
repair your own credit and you want to know four of my top dispute secrets then you definitely want to continue watching this video. Now, this video, I’m
going to share with you four dispute secrets that a lot of top credit repair companies and credit repair specialists just don’t want you to know. Now, the first secret that I’ve learned while in the credit repair industry is how to dispute a balance quickly. Now, say for example, you are trying to buy a house or your customer is trying to buy a house and you want to raise your
credit score really fast. So, the first dispute secret is how can I raise my credit score very fast? And the fastest way of doing that is by paying off your
revolving credit cards. Paying off your revolving credit cards to at least three percent. Now, that’s the first part, though, the dime in here is that now that you paid it off to at least three percent we want that to reflect on your credit report, so when FICO runs your credit score again, it’ll see that you have paid off your balances. Now, if you sent in a
standard dispute letter, it’s going to take you 30 days because the credit bureau has
30 days to investigate, but if you use what I’m about to show you right now, it can take you at least, at minimum two
weeks to see a difference in your balances on your credit report. Now, what is the answer? The answer is disputing
the balances online. So, all you have to do
is go to experian.com, equifax transunion and you want to dispute the balance, you want to say that you paid these balances off or you paid them down to three percent and by doing an online
dispute you will see a result a lot faster than
if you was to mail it. Right? Especially if you’re trying to raise your score quickly to buy a house or a car. So, that is the first dispute secret. So, let’s go onto the second one. All right, the 24 month rule. Now, what is the 24 month rule? You see, a lot of people, unless you went to my credit repair master class, a lot of people don’t understand what the 24 month rule is and the reason why is because I’m the one who came up with it, like I came up with the, with this concept, right, right? Now don’t let other people fool you when they say, oh I’ve read it somewhere else, but no, the 24 month rule, I’m the one who said, hey, here’s the 24 month rule but the parameters still apply, but what I’m about to show you is very important, now, here’s the thing. According to FICO, any derogatory or negative information within the first 24 months. Okay, so, we’re talking about today and backwards, so, today and we’re going to go back 24 months. Any derogatory information in the first 24 months impacts your credit score the most, now, how is that a dispute secret, Mark? Okay, I’m going to tell you, I’m going to tell you, first of all, the first thing is knowing that, so that’s the first secret is that you now know that any derogatory information on your credit report within
the first 24 months, it’s impacting your credit score the most. So, if you are trying to remove inaccurate items from your credit
report, why would you dispute information that’s five years old? When you know FICO said, any information within the first 24 months will affect your credit report and score the most. So, what should I do? Well, the answer is go
after anything that’s inaccurate within the first 24 months. So, if you start attacking and removing inaccurate information within the first 24 months, guess what happens to your credit score? It goes up. All right, so, let’s talk about the third, um, secret dispute. How do you stop collectors from suing you? Though, you see, a lot of people make this mistake, including experienced credit repair companies but after watching this video, I guarantee you, you won’t make this mistake again. Let me explain, the collectors and the creditors, they have what we call the statute of limitations and when they can sue you for a day. Now, each state, each state, has their own statutes of when a creditor can come after you for the day, now, that can arrange from two years all the way to six years, so you have to check your state law of when that debt collector or the creditor can sue you. Now, most creditors and collectors will sue you within the statute of limitations if your debt is extremely high. All right, if your debt is extremely high. So, that’s why we say, we always say if you have anything over 2,000 and above be careful with disputing it if it’s within the statute of limitations because the creditor or
collector can sue you. You see, that’s not the secret, well, that’s a bonus but let me show you what the real secret is. Now, here’s where the mistake happens. I hope you’re writing, I hope you have something to write down, here’s where the mistake happens, some people because they don’t know or they don’t understand, they send the debt collector a cease and assist letter within the statute of limitations. Now, if you send the debt collector a cease and assist letter, you are telling the debt collector to stop communicating with you completely. That means by phone, and by, by, uh, mail, or by any way of communication that the debt collector can get to you. Now, if you do that, the debt collector has no other choice but to do what? Sue you. So, the secret here is, is to never send the debt collector a cease and assist letter that will stop all communications. What you want to do is you want to send them a letter telling them to stop calling you only but they can still communicate with you by mail. All right, so I hope you enjoyed these secrets so far, they’re very powerful, very powerful, now, the
last secret is this. Here’s the last secret, and I get this question all the time. How many items should
I dispute at one time? Now, the old days you would say four or five items on, um, on a dispute letter at one time but here is
the problem with that. Will a real consumer only dispute four or five items at a time? So, now, let me ask you to ask you to ask yourself that question. What if you got a credit report and someone stole your identity and there was 20 to 35 inaccurate accounts on your credit report? Would you only just dispute four or five because you think the credit bureau is going to send you a frivolous letter? Or will you dispute every single one on that particular credit report? The answer is, you dispute every single one the credit report. So, when you look at your credit report you want to look at all of your inaccurate information and you dispute based on what you feel that’s inaccurate. All right, so I hope you enjoyed, I hope you enjoyed those
four dispute secrets. Now, I have something for you. May 18th 2019, I am hosting the client dispute manager software, is hosting, the first online credit
repair dispute summit. Now, in this summit,
we have six of the top credit repair experts when it comes to disputing, we also
have, as a special guest, a credit repair attorney lawyer, a lawyer that sues credit bureaus on a regular basis for violating your rights. Now, if you want to attend this online dispute summit, it’s best that you hurry and click the link
somewhere in this video. Wherever the link is in this video, click the link and get your early bird registration, all right, because we are going to sell out, we’ve already sold a lot of tickets to the online dispute summit, that means online, no travel, no airplane, no hotels, no nothing. Just show up online,
turn on your video and be ready for the online dispute summit.

12 comments on “Dispute credit report: 4 Dispute Secrets”

  1. Mark Clayborne says:

    Online Credit Repair Dispute Summit: Register here: register: https://startupcreditrepairbusiness.com/online-dispute-summit-may-18

  2. Dana Novoa says:

    I would like to attend the summit but unfortunately, I already have plans that day. do you offer a recording?

  3. Adrian Cruz says:

    I disputed a collections with Transunion and got it removed how ever Experian and Equifax are still showing it, am I suppose to send them letters too or is the creditor required to report it to the 3 major credit bureaus?

  4. Nancy Michael says:

    Hey Mark Great advise, as usual look forward to seeing all you guys Saturday @ the Summit

  5. Tae James says:

    What if that revolving debt is already in collections? Pay it down then dispute it? or you talking about revolving debt that is positive? I’m confused here.

  6. david dib says:

    Awesome stuff. Thank you

  7. Robert Clark says:

    Nice Vlog

  8. New York says:

    What if you’re trying to dispute a negative acc but you can’t find nothing inaccurate on the report

  9. Shea P says:

    what does consumer disputes after resolution mean on a credit report

  10. Mahogany Butterfly says:


  11. Kerry Lockett says:

    Hi Mark…Thanks for the advice. I just signed up with your website. I was always told it's not good to submit online disputes because you lose a lot of rights? Is that not true?


    LOL I had Walmart (Synchrony Credit) sue me for $700

Leave a Reply

Your email address will not be published. Required fields are marked *