Frequently Asked Questions
When it comes to credit repair, our clients have a lot of questions, and the team at Jubilee Credit Freedom is always happy to answer them. Below, you’ll find answers to some of the most common questions our team receives every day. If you have a question that hasn’t been touched on here, feel free to give us a call anytime. We’re always happy to talk to you and share any information you need about improving your credit.
Is this legal?
Yes. The Federal Fair Credit Reporting Act allows consumers to dispute information and have the bureaus remove or revise information on credit reports.
How long does it take?
Results can be achieved within the first three weeks. It could take from three to six months or one to two years depending on the number of derogatory items or what the derogatory items are, such as bankruptcy, student loans, repos, foreclosures or tax liens.
Do you have payment plans?
Yes, flexible payment programs are available. Ask for details.
How much does it cost to fix my credit?
There will be a one-time retainer fee, then a flat-rate of $99 a month. You can also choose to pay in full. Please call for details on different pricing options. We are very flexible and will work with you according to your financial situation.
Doesn't the law require that negative stuff remain on a credit report for 7 years and bankruptcies for 10 years?
NO, the law states that negative information “CAN” remain… it does NOT state that it “MUST” remain for 7 or 10 years.
How do I get started?
The first thing to do is to acquire your credit report from all 3 credit bureaus. Upon receiving your credit reports, we will analyze them and have a consultation with you. After consultation, JCF will send your first set of letters.
Are the deletions permanent?
YES, the credit bureaus must prevent the “reappearance” of inaccurate or unverifiable information removed from a consumer’s credit report as the result of their investigation.
What can be taken off the credit report?
Any and all erroneous information or information that cannot be verified can be taken off of a credit report. This includes bankruptcies, late payments, collections, repos, charge offs, judgments, liens…etc.
Will deletions from my reports be deleted from my spouse’s report automatically?
NO. The credit bureaus treat you as separate individuals. Your spouse must take the same steps to have negative information removed just as you do.
If I pay-off my collections, will they be deleted from my report?
NO. Even if you pay the collections, your credit score will not rise substantially. The negative information remains on your report and merely states “paid.” They will NOT remove the negative history of the account when you pay it off.
When is the best time to get started?