Daniel Rosen shows how mismatched personal information on your credit report can keep negative accounts attached to your file. If your name, address, or SSN has typos or old variants, accounts tied to those errors may disappear when you correct them, without disputing each one separately.
This month's Credit Repair Tip of the Month is a super simple hack that most folks never do, but it could make a huge impact on your scores if you do this. But before I jump into it, if you want to know more about disputing techniques and even get certified in disputing all for less than it would cost to take your family to a McDonald's, well, then click the link below this video or go to creditherochallenge.com and join our Credit Hero challenge today. Okay, let's dive in to this super simple hack. Did you know that when you sit down at a bank or a dealership or a credit union or anywhere for that matter, and the loan officer or the lender, when they type in your personal information into that application, did you know that what they are typing is placed directly into your credit report? Yeah. That's where that all comes from. All those strange, misspelled names and weird addresses. And it's so crazy. I mean, that's where it all comes from. Your name, your address, your social, your date of birth, and your employment information. It gets added to your credit report exactly the way they typed it. So that means if the person typing it misspells your name or puts in the wrong date of birth or anything else, it becomes part of your permanent credit file. Here's why this is important. All those errors can cause you to be denied the next time you apply for credit. Because if the information that you give them, if it doesn't match what's on your credit file, it's an instant red flag. Now, when you look at this from the lender's perspective, it's very easy to see that if you're lending money to strangers and the information they provided doesn't match their credit report, it's a possible sign of deception. But that's not all. Not only can it stop you from getting approved for credit, but there's also a possibility that it can cost you a job that you're applying for. See, employers, they regularly pull credit reports for security clearance or to fully vet their new hires. This makes it that much more important to ensure that the personal information, your credit report, is correct. Because if it doesn't match the employment application, some employers may take that as a red flag and go a different direction and hire someone else. In addition to making sure that all the personal information on your report is correct, I also have a secret reason that you want to remove everything except the exact and current information. You want to know what that secret is? Okay, well then listen up, because this could make a huge difference in the results that you are able to get. Okay, here's my secret. Negative accounts may be tied to specific pieces of personal information. Okay? For example, if you have a collection account that's tied to a misspelled name or an old address, or an alias that's tied to a charge off that you want to get rid of, then this means that by removing everything except the one name, one current address, one correct date of birth, one accurate social and up to date employer's information, then you can get instant deletions and super easy results, sometimes without even having to dispute each of those items. So here's how you do it. When you send out your first cycle of letters, be sure to list all the discrepancies, meaning all the incorrect personal information. Include that in your round. One letter. Okay? Go after those first and then it will make your job so much easier and you're going to be more efficient because all that incorrect personal information that's tied to negative accounts, it will no longer exist. So what you get are fast, easy results. Now, if you don't know what letter to send and you want to access our massive letter library and our letter finder feature, just log into your credit repair cloud account or sign up for a 30 day free trial at credit repair cloud dot com. And if you want to start your very own profitable credit repair business, sign up for our Credit Hero Challenge where I will hold you by the hand and in just a couple weeks, you'll be the proud owner of your very own credit repair business. And you're going to have three shiny new certificates to show to your new clients. Now, we're starting a new challenge in just a couple days, so join up right now at creditherochallenge and I hope to see you on the inside. So until then, keep changing lives.
