How to Remove Charge Offs From a Credit Report ( Part 1)

Today we are going over part 1 of how to remove charge offs from a credit report and whether they can come off at all. If you'd like to schedule a free credit sweep consultation head to https://my740.com and I will see if I can help. If you'd like to check out the free credit sweep course you can find it at https://hub.my740.com Join this channel to get access to perks: https://www.youtube.com/channel/UCG_gSTE_8amNdUBlxJRmVHQ/join Check out the store: https://www.youtube.com/c/AskKristin/store 🔮SUBSCRIBE TO MY CHANNEL 🔮 https://www.youtube.com/c/Ask-Kristin?sub_confirmation=1 ✨ Check out all 3 credit reports and scores with the same credit monitoring I show in my videos and use for my clients with SmartCredit https://smartcredit.com/VargasConsulting/ or IdentityIQ: ✨ https://member.identityiq.com/help-you-to-save-money.aspx?offercode=431134PT 🧙‍♀️ GET HELP WITH YOUR CREDIT JOURNEY DIY awesome free tools, tutorials and downloads - https://vault.my740.com 🦸‍♀️ DFY credit sweep service free consultation 🦸‍♀️ https://my740.com Let's jump on a call and see if I can help! ⭐️ Video Notes: How to Remove charge offs from a credit report. It's even possible to remove charges from your credit report. Can you get them off or not? Yes, you can remove charge offs from a credit report, you can remove everything except for child support. It's not simple, like every single person out there wants you to believe. Is it possible to, you know, just send one letter? No, dude, it's not going to be just one letter. It's not just going to be reducing pursuant to this, it's not going to be overnight. It's not going to be 90 days, if you have a charge reported to all three bureaus. And let's just say it's, I don't know, Capital One Capital One takes an average of six rounds. And that's if you're doing it the right way. So am I yelling at you? Absolutely not. But I am telling you that there is a way to do this. And it is using factual based disputes. What is factual based disputes? Well, that's where you look at your credit report. And you know exactly what to extract such as the date last paid date, last active date, last reported notice of dispute, first date of delinquency, so on and so forth. Right. So what do you do with this information? Well, this is where it comes into play about knowing how something should and should not report right. This is where knowing that the date last paid is more important than I don't know, terms and type and status. Okay. What do you do with the notice of dispute? What's the key to disputing a charge off or a collection or a foreclosure or a short sale? For that matter? It is the notice of dispute. And that's specifically for credit sweeps. Now, there's a notice of dispute matter if you're doing regular credit repair one on one? Absolutely not? No, no. If you are doing regular credit repair one on one, you are basically just asking the Bureau's to do something. We're not asking the Bureau's to do anything we are telling them. This is not reported the right way. This is the reason why it's not reported the right way. And you need to delete it because it's a violation or it's inaccurate or whatever is relevant for that matter. Okay. So you should be looking at those things that I mentioned in the beginning. Okay, date last paid date last active notice the dispute date last reported. Now, you may be wondering, what do I do with this stuff? Well, that's using a general formula, what's their journal format? Well, it's a formula I personally use to remove over 50,000 negative items from my clients credit reports in a matter of four years. Okay, so what you're doing is you're taking this formula where it is, you know, let's just say delete this purge off or account for an accuracy because the last reported notice the dispute whatever is not reported accurately. And that's where you put in the facts. Okay. You shouldn't be just stating this needs to be deleted because of some generic reason. If you're doing that, you will not remove those accounts in every single time that you send out a new dispute. Now your chances of getting it off decreases every single time. Okay, round one, round two, round three, round four. Those are the ones that you have like literally the highest likelihood of deletion when you get to 56789 1011 12. Now, oh my god, your possibility of deletion is so minuscule that it's just like, you really need to know what you're doing. Now, are there some accounts that are just like, man, these are going to take a long time? Yes, absolutely. These are things that you need to know how to deal with and I have a 11 142 videos that show you how to deal with this. I have a playlist specifically for removing charge offs. So ,