When you have the largest cyber credit attacks in history we really need more than just the one credit tip. This tip is a true gem for all readers because we now know at least one major area the hackers infiltrated Equifax’s system. Equifax clarified that their security team first investigated and blocked suspicious traffic it identified in its online dispute portal on July 29th, 2017. The online dispute portal allows consumers to file disputes themselves and most of the online credit repair firms utilize this system as well. Luckily for you and your clients, this is a place we avoid like the plague. Unfortunately, an unfathomable number of individuals who may themselves have filed disputes, or who had online disputes filed on their behalf, potentially ended up with a lifetime of headaches, as they tried to tackle one issue and got stuck in a catastrophic data breach. You know kind of like when we teach North Korea a lesson by banning textile exports and they respond by providing us with a nuke in our back yard….I shouldn’t go there, that will get me in big trouble.
We believe our investigation and verification process is a great deal more complex and effective than the online system has ever proven to be. Even though it comes at a much higher operating cost to our bottom line than online disputes, we have always felt you cannot cut corners when trying to secure people the loans they need. Our detailed and thorough process involves in part submitting written documentation each and every time we contact the bureaus. Technology is amazing until it is used against you, then you are better off with a bird feather and some ink! When attempting to improve a person’s credit worthiness rating their situation should drastically improve, not go in reverse, and I certainly know we help considerably. A person’s credit score has been proven to be one of the most valuable investments of their lifetime, do not cut corners, call us for assistance at (888) 795-9088.