FAQ Page

You can become an iRestore Independent Associate by completing the iRestore online enrollment from the website of your sponsor, and purchase a $49 Business Center (Non-refundable, Annual Fee). As a new Associate you'll receive an iRestore website.

Everyone wants to see results immediately. Although everyone’s credit history is different, most people will see progress within the first 20 - 45 days. The majority of time is spent waiting for the credit bureaus to respond to requests. We take great effort in getting our disputes to the bureaus as fast as possible.

Yes, you are given the right under the Fair Credit Reporting Act (FCRA), including the right to challenge inaccurate, misleading and obsolete items appearing on your credit report. We use every venue available to you under the law to help you assert these rights.

Disputing items on your credit report is your legal right (see the Fair Credit Reporting Act). When you use us to help repair your credit, we are abiding by and using all federal and regional laws regulating third party credit repair assistance.

A credit score is a numerical ranking system that lenders use to determine how much of a credit risk you are. A credit score is a numeric indication of how likely you are to repay debts such as loans or lines of credit. Lenders use this number to determine how much of a credit risk you are.

Credit scores also are designed to indicate your creditworthiness in comparison with other consumers.

Credit scores are based on the data in your credit report and are generated by computers using artificial intelligence. Usually a credit score is between the numbers 300 to 850. The higher your score, the more "creditworthy" you are to lenders.

Credit scoring is based on many factors that may include:

  • Amount of available credit
  • Payment history
  • Recent requests for credit
  • Amount of credit currently being used
  • Length of credit history

Under the Equal Credit Opportunity Act, credit scoring may not use gender, marital status, national origin, race, or religion as factors.

Negative credit listings are deleted from peoples' credit reports each and every day! It all comes down to whether or not the negative items on your report are meeting the requirements outlined in the Fair Credit Reporting Act for them to continuously be reported, if they are not, then by law they must be deleted.

We are hard at work every day challenging damaging and questionable credit entries on behalf of our clients. Utilizing proven and absolutely legal methods, we are a professional organization working for you and your credit.

Credit scores do not take income into consideration for scoring an individual. Someone who makes $35,000 a year can have a better score than someone making $350,000 a year.

No, credit reports will be different from one bureau to the next and not all creditors report to all three bureaus. There are many variations of credit scoring models, some used by lenders, some for educational purposes and others created for different types of lending and monitoring.

Yes. No credit or mediocre credit is still bad credit in the FICO system. If your score is under 700 then you have bad credit. In the old credit system it was analyst driven. A human being could discern no credit and mediocre credit as potentially credit worthy. The FICO system is computer driven. A computer only sees 1 and 0’s.

Our system is results driven. Unlike credit repair which is money driven. Most credit repair companies want you to pay them and forget about your credit. We are the opposite we want you to embrace your credit as a practical tool for wealth building.

For the first 90 days or life the choice is yours. After 90 days you can switch to a cheap or free service.

After 45 days, the first 30-60 days we are doing pre-scrub activities.

The official announcement for the new credit system was made at a public forum hosted by the Federal Trade Commission on July 22, 1999. The public forum was announced on June 3, 1999, see http:// www.ftc.gov/news-events/press-releases/1999/06/ftc-staff-hold-public-forum-credit-scoring. The transcript of that meeting was made available on September 3, 1999. (for more info see: 9/3/99 – Transcript of FTC Public Forum: “THE CONSUMER AND CREDIT SCORING”) The official start date of the FICO System was January 1, 2000. This system is currently used by every industrialized nation in the world.

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