Frequently Asked Credit Questions
FAQs of Small Credit Solutions

1. The Fair Credit Reporting Act (“FCRA”) was enacted in 1970 to promote fairness, accuracy and the privacy of personal information reported to credit bureaus by creditors and others. The FCRA allows a consumer to challenge the information on his or her credit report on the basis of "completeness and accuracy."

2. The credit bureaus are required to complete the investigation within a "reasonable period of time." This time period has been set at thirty days.

3. If, after an investigation by the credit bureau, the disputed information "is found to be inaccurate or can no longer be verified, the [credit bureau] shall promptly delete such information."

4. Creditors routinely charge higher rates of interest to those with negative credit histories, so sloppy credit reporting may serve to maximize their profits, a circumstance that can make the process of credit repair a difficult and frustrating experience for most consumers.

5. The Federal Trade Commission (FTC) is responsible for enforcing consumer protection laws in the United States.

6. As a valued Small Credit Solutions client, you have the right to extend or cancel our services at any time. If you decide to cancel our services, you can do so by mail, email, or fax with required information.

7. A study by a U.S. Research Group found that 70 percent of all credit reports contained errors.

8. Twenty-nine percent (29%) of the credit reports contained serious errors - false delinquencies or accounts that did not belong to the consumer.

9. Forty-one percent (41%) of the credit reports contained personal demographic identifying information that was misspelled, long-outdated, belonged to a stranger, or was otherwise incorrect.

10. Twenty percent (20%) of the credit reports were missing major credit, loan, mortgage, or other consumer accounts that demonstrate the creditworthiness of the consumer.

11. Twenty-six percent (26%) of the credit reports contained credit accounts that had been closed by the consumer but incorrectly remained listed as open.

12. FICO Score: Original formula was developed by the Fair Isaac and Company to determine a person’s credit worthiness. The FICO is derived using a combination of situations like payment history, length the account is open, and account that is updated within 6 months.

  • Basic Package

    $39/item

    One time $99 setup fee

    • Pay For Each Item as You Go
    • Ideal for those who need minor issues resolved
    • Credit Report Repair
    • Debt Settlement
    • Identity Fraud Protection
    Sign Up
  • Economy Package

    $59/month

    One time $99 setup fee

    • Covers 2 Items Per Month
    • Ideal for those needing consistent repair
    • Credit Report Repair
    • Debt Settlement
    • Identity Fraud Protection
    Sign Up
  • Deluxe Package

    $79/month

    One time $99 setup fee

    • Covers Unlimited Items for All 3 Services
    • Ideal for those requiring major and consistent credit repair
    • Credit Report Repair
    • Debt Settlement
    • Identity Fraud Protection
    Sign Up

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