Help!

Unfortunately, yes they can and they do it quite often. That and a whole lot more equally nasty tricks. I can well understand your being furious indeed.

 

Unfortunately, yes they can and they do it quite often. That and a whole lot more equally nasty tricks. I can well understand your being furious indeed.

 

Hmmm. It has been mentioned many times on the board that positives that are disputed are often deleted. CRAs are required to report accurately but I haven't seen anything that suggests that they must report all accounts or cannot stop reporting an account. In any event good luck with the rest of the process.

 

I have found out that it can much worse than that at times. I signed up a new customer yesterday and I used my laptop and signed them up to PG from their mortgage broker's office. The broker pulled a tri-merge and it showed a 475 score and I pulled PG immediately after and came up with a 512.
The Tri-merge had 2 accounts that PG didn't have and PG had 1 account the Tri-merge didn't have. None of those were "new" accounts. Just the mix was different. For instance "DC&H" may have been on EX and TU on the Tri-merge and only showing on EQ for PG and not EX or TU.
All of the account names were there and the same on both pulls. I really don't care about the differences between my brokers pulling one score and PG pulling another.

That's immaterial to me because I expect it now. Had it not been for previous discussions here about that I would have been flabbergasted and would have come up looking like some kind of fool for recommending PG but I explain it ahead of time telling them that it will actually help them because when the broker pulls the score it costs them points and that hurts them but when PG pulls their scores it don't because it's a soft pull. On top of that the brokers get $20 up to pull where PG is going to get them unlimited pulls for $1 for the first 3 months and using it as a guide we can see how much improvement we are making on their scores and how fast. That way we have a guage to go by whether it's really all that accurate or not.

In this case, they start out at 475(512) and in 3-6 months they may very well be getting close to or over the 600 mark. It's a great moral booster for them and makes them feel like they really are the master of their own destiny. They can see the proof before their own eyes quite easily. And they also know about that difference in scores so they can realize it's just a tool. A measuring device, a rule of thumb if you will so they can see their progress.

I've just got started with it myself so all though I've told all my brokers about it I've just got the one family on it so far but its real easy to understand its a real morale builder and should help them stay the course a lot more. In the past people would get discouraged sometimes and just give up because they could not see any progress. They would send letter after letter and the CA would ignore them and never respond and so it seems to them they are getting nowhere and wasting money at first. Other things happen in their lives and they forget to keep after their goals. That will still happen but we hope that getting them on PG will help give them something to go on. A mental crutch if nothing else.

No, except that this isn't an exact science. It is full of pitfalls, human shortcomings and prone to errors. We just have to learn to deal with those things and expect the worst, expect things like that to happen and be on the lookout for them.

And that's why I don't really mess with the credit bureaus as well. I want something solid I can lay my hands on such as the CA's collar and the seat of his pants so if the unexpected comes up I know who to lay the blame on and can do something about it if need be. If he promised to do something then he had best do just that and not mess up or he just might find himself in a world of hurt.

Its the same with a credit retention program. Lets say that I get a person who isn't in total shambles. They may not even be in default sometimes but they lost their job a while back and the future don't look bright at all. They do have some kind of income but greatly lessened, cut in half maybe. They already know in their own mind what the future is going to bring. Endless phone calls, a wife thats madder than a hornet, getting sued, bankruptcy, ruined credit, the whole 9 yards.

What to do. Well, take however many creditors they can maintain in some kind of good standing, and let the rest go flip for it. In the meantime do whatever they can to get more income going. Odd jobs, wash windows, clean houses, wash cars, whatever. Anything to get more money coming in. If they can get something substantial going they might even be able to save a couple more cards 5 or 6 months down the road negotiating with creditors and in the end, don't worry about the rest because they can be dealt with one way or another if one does some homework and learns how to handle the tough stuff. But the big "devil" they got to fight is their own fear and sense of helplessness and dispair. That is their worst enemy.

Never give up. I learned that as a little kid. I'd get in a fight at school and I'd lose but the kid just had to fight me again the next day because I'd just walk up to him the next day and bust him right in the chops and the fight would start all over again and maybe I'd lose that day too but he'd best watch out because the next day I'd bust him again until I either beat him or he was totally terrorized. Kids can't do that these days but back then in a small country school we could do that. And if I couldn't get him at school then I'd be waiting for him on the way home from school or on his way to school. Terrorize a couple of kids and pretty soon nobody wants to fight anymore. And if teachers or parents got into the act make sure the kid has some accident on the playground. Same thing here. Never give up.

In a sense, just think of it this way. There are two choices. Get the job done and buy a house or live in some boxcar on the wrong side of the tracks. Which is it? In otherwords, do or die.

If one way don't work then find another way to make it work. Don't keep wrestling with the same pig in the same mudhole.

You gotta be kidding!!!!
Not a crying chance!!!!