COVID-19 CORONAVIRUS UPDATES
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ABOUT your850
CONSUMER ADVOCACY CREDIT RESTORATION
Here at your850, we know that it takes more than inundating the credit reporting agencies with letters to accurately, correctly and permanently clean inaccurate items reported on your consumer credit report. We have a team of credit professionals who have been in the collection and credit industry for over 30 years who have created a process using the Consumer Credit Code to help consumers fight back against the credit reporting agencies, debt collectors, and creditors.
SCHEDULE A CONSULTATION
CREDIT EXPERTS
Disputing an error only through the credit reporting agencies is generally a temporary deletion as accounts are reported from each creditor monthly. In order to fully and accurately dispute an error on your credit report, it is important to work the account directly through your creditor. Your850 works each account thoroughly, and quickly as permitted by law using the statutes under the Consumer Credit Code giving our customers the permanent true form of credit repair, giving our customers peace of mind.
DEBT RESOLUTION
Our credit experts at your850 understand there are no two situations the same when it comes to credit or finances. Which is why we treat every case differently. We help consumers who have had irrelevant accounts reporting on their credit reports, consumers who have had their rights violated by debt collectors, as well as those who need help contacting their creditors and setting up a payment arrangement on accounts.
PRIVACY GUARANTEED
your850 is a legitimate credit repair company who does the work on your behalf. We are not in business to collect your data to sell it to third parties. Unlike other organizations who profit more from collecting and selling your information; we simply don’t. Your privacy is our greatest priority. We’re here to help and advocate, not undermine our clients’ trust.
OUR SERVICES
Every consumer can go to www.freecreditreport.com and pull their Experian credit report. Experian’s layout is fairly easy to read and if you have any questions regarding items reporting on your credit report, you can call Experian and may get someone to help you. However; just looking at one credit report will not give you the full story of what you may have going on. It is important for consumers to know what is reporting to all three credit reporting agencies because many creditors only report to one or two of the credit reporting agencies. If you are looking at only your Experian credit report, you may not catch accounts that only report to Trans Union or Equifax that may affect your overall score.
There are many consumers who do not know how to read their credit report, or what the items or accounts mean that are reporting. Here at your850, we offer a credit consultation which includes pulling all three credit reports: Trans Union, Equifax and Experian. The specialist will go over every detail of your credit report with you and tell you what accounts may be affecting your credit score and what we may be able to do to help you achieve a higher score. Helping you move closer to achieving your financial goals.
Unfortunately; we live in a day and age of data breaches and hackers which no one is exempt from. The more we become a society of high tech, the higher the risk of having our personal information stolen. In 2017, Equifax announced a data breach which exposed over 147 million consumers. This data breach opened the doors to your personal information such as social security numbers, date of birth, personal checking accounts, credit cards and more. While Equifax offered their “free monitoring service”, consumers had to sign an arbitration clause stating they will not go after Equifax for any wrong doing. Yep, you read this right. If you signed up for free credit monitoring services through Equifax because of their mistake, then you have to agree to not hold them responsible for anything that could happen to you in the future. Pure ridiculousness and absurdity.
When a data breach of this magnitude happens, the “hackers” will not use or sell your information immediately. It’s like robbing a bank. The bank robber would not use that money right away. They will stash it away for an amount of time before using it. Well, data breaches such as this are not much different. Before the hackers sell it, they will hold on to the data. This could be for months or years. Our guess on something like this is years due to the magnitude of the breach. Which is why it is important to always have your credit monitored.
While you are a customer of your850, we will pay for your credit monitoring. This is done through a reputable third-party company; IdentityIQ. IdentityIQ will notify you of any change that is done to your credit including: newly opened accounts, change of address, public records, and new delinquencies. The monitoring will also keep you informed on updates and the positive impact that your850 is having on your credit. So when you have an account deleted or verified, you will be notified via email from IdentityIQ.
Once we are done with your credit, you will be given the option to continue with credit monitoring. Since you will have been a customer of your850, you will be offered a discount through IdentityIQ. Continuing your credit monitoring service is important as again, we always have the threat of stolen identities. This is a small investment to make for a lot of protection.
There are several reasons consumers have inaccurate accounts reporting on their credit report.
- Trade items get missed that are to be deleted
- Accounts are illegally sold to a third party or third placement collection agency
- Medical collection accounts are still reporting to a credit report due to lack of responsibility of the medical facility or collection agency
- Identity theft
- Accounts that are out of statute of limitations
Plus many more.
During the credit consultation, our credit experts will do a deep dive analysis into your personal credit and tell you what can and should be done to improve your credit. We will work your credit file using the statutes under the Consumer Credit Code to make sure that your credit is complete so you do not have any problems in your future as long as you take care of your credit.
When your file is complete, you will receive notices from your creditors stating they are deleting the account, or marked the account as paid in full. We ask that our customers keep these letters for their files in case the disputed account has gone back on to your credit report or is re-sold (illegally) to additional 3rd parties.
We have helped customers who have had their identity stolen from hackers, thieves, and sometimes even other family members. While it may seem as though this is an easy feat, the fact of the matter it is not. The credit card companies and collection agencies want their money and this is all they care about.
If your identity or credit card numbers have been stolen, first try yourself to see what you can get done as far as removing the negative items. Mail a copy of the police report to your creditors showing them your identity has been stolen. If your creditors refuse to work with you or comply with the laws and statutes, then our credit experts will be happy to help you.
your850 is dedicated not only to helping consumers on an individual basis, but educating as many as possible as well.
Credit is not a subject that is taught in high school or even college, but it should be. With the correct understanding and good knowledge of credit and how to use it, credit can be a powerful financial tool.
We will be conducting workshops and seminars around the country teaching consumers everything they need to know regarding credit and finances. If you are interested in attending a workshop or seminar, please let us know. We will be happy to tell you when we will be in your area so you do not miss the opportunity to attend one of these extremely informative events.
CONSUMER ASSISTANCE AREAS
LATEST NEWS
Your Credit Reports During the COVID-19 Pandemic
TransUnion, Equifax and Experian will not be able to help you because it is up to each individual creditor on how they report your account payment history. The most each agency will tell you is to monitor your credit closely and watch for identity theft. ...
Fannie Mae and Freddie Mac are taking steps to help consumers
While banks continue making their own rules, Fannie Mae, Freddie Mac and the Federal Home Loan banks are taking steps to help consumers who have been impacted by Covid19. If Fannie Mae and Freddie Mac hold your mortgage, call them and tell them your situation....
Update on Vystar and COVID-19
To help all members across the board, Vystar suspended all loan payments with no strings attached. Vystar automatically deferred all consumer loans for 60 days, including, auto, boat, credit cards, and line of credit. Vystar will waive all the fees. Vystar sai...
OUR STORY
Joey Scharf
Consumer Advocate & Product StrategistI believe we all have a story, and it is what we do with our story that guides us on a path to where we ultimately want to be.
I started in the credit industry over 20 years ago as a debt collector. As does most debt collectors, I violated the Fair Debt Collections Practices Act on almost every phone call I made. In my office, I would hear collectors yelling and screaming at debtors they were collecting money from. Many times, collectors would tell debtors to donate blood to make a $5.00 payment. We would leave messages to neighbors while giving detailed information about the past due accounts we were collecting, which is a violation of privacy rights under the FDCPA. The collectors would even threaten to kidnap the debtors first born if they did not pay their account. We never gave the people we called any compassion, understanding, even if the debt was inaccurate, not theirs, or out of statute of limitation. We knew debtors did not know their rights, so we took advantage of that. We gladly took the slap on the hand for the debtors who were familiar enough with the laws and knew to submit a complaint.
These actions are common all across the board by debt collectors. It does not matter what state they are working from, the type of debt they are collecting or what laws are in place to protect consumers. If consumers; i.e. debtors do not know the laws, it did not matter.
What made me change?
As a debt collector myself, I would also push debtors to their limits. I called one in particular more than I should have, even though the debt was not his debt. One day I called and learned this gentleman committed suicide. As a debt collector, you have thick and callous skin. My response to his daughter that informed me about the news of her father was “send me the death certificate”. Not only did we receive the death certificate, we also received the suicide note. Maybe he had more debt issues, maybe there were issues outside of debt. However; I took responsibility for his death. It was at that very moment that I decided to learn who consumers had to turn to when they were being harassed by people like me. After several phone calls to attorney’s, the attorney general, the Federal Trade Commission, and other government agencies, I learned consumers essentially had no one.
This is when I set out to protect consumers from people like me. I decided to fight debt collectors on behalf of people.
This is what makes me different then the “credit repair” companies. I created a process helping consumers fight back against a rapacious and intimidating industry.