The first thing that one needs to know is that any company providing a proper Credit Improvement Plan might not be the best one in the lot. They might be a fake company that they are just promising such services, but in the long run they are just going to take the money and run away. Such is not the case when it comes to a good credit recovery agency like Rectify Cibil. However, before you get to know about the company, do note that these are the below points that you need to know when it comes to a good credit repair agency.
The first point is that credit repair takes a long time. It should be noted that credit scores don’t change overnight and the process is a long and tedious one. Sometimes it can take over a year or so. The process often starts by requesting credit reports from all the credit bureaus across India. From there, you can get your reports for free. Then you can find any kind of information in these reports and if you find anything that is inaccurate, then you need to contact either the bureau or the creditor and solve the dispute with them. This will be followed by a rigorous investigation and if any information needs to be removed, it would be duly done so.
The second point is that all negative information won’t go away all of a sudden. If your credit report is negative, then disputing accurate information will end up being a complete waste of time and effort. The dispute process won’t remove everything that’s negative about you and if there is something, it won’t fade away immediately but it would take time to do so. Major negative items that need to be removed are bankruptcies, foreclosures and late payments and collections. If these are a result of your own actions, then it won’t be removed immediately after investigation but would take its due time to do so. The good news is that such negativity won’t have any kind of bad impact in the credit improvement process.
The third point is that even if after the complete credit recovery process, there is a chance that you would not have a great credit score. The credit score repair process can remove inaccurate information but won’t rewrite the credit history or the debt settlement process. If the negative information in any credit report is indeed true, then it might not be of great help in the credit repair process. It is often seen that if a lot of negative entries are removed from the reports, then also there is a minimum increase in your credit score. Each hard inquiry is removed, there is a 5-10 point increase in your credit score. Removing paid collections can improve your score by an average 10-50 points. But in spite of all these stuff, removing all of them, there is still a chance of not having a vast improvement over the credit repair process at the end of the day.
About Rectify Cibil
Rectify Cibil ticks all the right boxes when it comes to any kind of credit score improvement process. Having an excellent reputation when it comes to credit score improvement, and also having the best possible team when it comes to managing your credit score, Rectify Cibil is the number one credit score improvement firm in India. Being headquartered in Mumbai, the financial capital of India and having an all-round team of the best credit score improvement specialists, once can heartfully use their service without any iota of doubt. Do contact them to get to know more about the services that they offer.
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