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Q:
Does this CD-ROM program contain everything I need to
start and complete the repair process of my credit? [top]
A: Yes. You
can begin to restore your credit right away after you
purchase this one of a kind easy to use, unique credit
repair disc/program.
Q:
Can I remove anything that is derogatory on my credit?
[top]
A:
Yes, virtually any item has the potential of being removed
permanently.
Q:
What formats is the program available in? [top]
A: This program
is available in variety of formats (MS Word .doc Plain
Text .txt) for your convenience and is accessible on Windows
and Macintosh operating systems as well. This program
will work with any computer with a web browser of some
type.
Q:
Is the program available in paper format? [top]
A: Currently
this program is available in any format that you may need.
Once you purchase this CD-ROM program, you may print the
information provided with your own personal printer. Or
our MGC E-book is now available for your convenience &
can be printed in black & white or color from your
own personal home or office printer.
Q: Can I
be sure the ordering process is secure? [top]
A: Yes. The
encryption on this site is very high regarding our credit
card processing service. The https:// signifies that you
are in a secured page. The (s) signifies secured and this
will show when visiting the ordering page.
Q: How long
will it take to restore my credit? [top]
A: A time
frame cannot be determined when restoring ones credit.
It all depends on how severe the condition of your credit
report looks and your willingness in being consistent
with your disputes and follow-ups. For this matter restoring
your credit may take more or less time. This question
can only be answered on a case by case basis.
Q: Does
MGC charge a high fee for their product compared to some
of the other companies? [top]
A:
Absolutely not. There are other companies that may offer
a "do-it yourself" "repair kit" for
less money, but there is a saying, "you get what
you pay for". This is an absolute true fact regarding
our CD-ROM program. MGC believes in our product 100%.
We have structured the cost for our product to meet the
need for all of the consumers serious about getting started
now. We truly believe that we can help you obtain better
credit. Our goal is to aid in the process of restoring
a consumer’s personal credit profile. We are proud
to offer the highest quality product in the credit repair
industry & in America today!
Q: Does
MGC guarantee that all of my credit reports will be restored?
[top]
A:
MGC is an honest firm and with tested and proven methods
will guarantee that your credit will improve from its
current credit status with the following applied. Any
negative or derogatory mark on your credit will count
against you when applying for virtually anything. It is
common sense that "one deletion" will not necessarily
improve your credit status tremendously, depending on
the item. But with several selective deletions your credit
will be improved extensively. Remember the three attributes
when restoring credit: taking action, patience and being
persistent throughout the disputing process. Applying
these three attributes will guarantee the best results,
also you will need to apply the other necessary credit
building guides provided to you on this disc to ensure
the best possible results for your credit rating. Results
will also be dependent on the Credit bureau(s) willingness
to comply with the (FCRA) Fair Credit Reporting Act as
required by the (FTC) Federal Trade Commission. This will
also include the consumers commitment to follow-up with
all items that are being disputed for removal or status
change.
Q: Does
MGC offer person-to-person credit counseling? [top]
A: MGC does
offers limited forms of person-to-person credit counseling
with the purchase of our disc. Call for details 1-866-736-5363.
Restrictions apply. This offer is subject to change without
notice. MGC shall not be held accountable or responsible
for restoring credit and/or giving any counseling that
may pertain to the credit repair industry. MGC simply
provides a user-friendly effective CD-ROM program for
consumers on how to go about restoring their personal
credit profile & for the record, we do not give legal
advice.
Q: Is it
illegal or immoral to have your credit report profile
cleared? [top]
A:
No. It is not illegal or immoral to eliminate mistakes
or any information for that matter on your credit report.
In fact the Federal Government, under the Fair Credit
Reporting Act, section 1681e, protects your right to do
so. The Federal Government enacted these laws for the
purpose of protecting consumers against the intrusions
of the credit bureaus, creditors, and collectors. Everything
is done in accordance with the Fair Credit Reporting Act
and many other applicable laws.
Q: Are
credit bureaus a part of the government? [top]
A: No. Credit
reporting companies are just that (companies). They are
in business for profit to make money just like the billion
dollar banks that run the credit card businesses, for
example: MasterCard and Visa. The credit bureaus make
billions of dollars by selling credit reports and your
personal information to your creditors.
Q: Why should I care what
is being reported in my credit profile?
[top]
A: You should
care. Your credit report is what creditors use to determine
if they will extend credit to you. If you have inaccurate
or derogatory information on your report, then you may
be turned down for the loan you need or pay unnecessary
high interest rates. Some consumers will not qualify for
a home loan, apartment, new car, credit cards, student
loan(s) & now even a job or promotion based on your
willingness & obligation to pay back creditors in
a timely manner. It is only when consumer(s) apply for
a loan or line of credit when they usually find out that
there is a problem. Take action now so that you don’t
fall victim to this situation!
Q: How often are mistakes entered
into my credit report profile? [top]
A:
Very often! Some experts say that as many
as 90% of all consumer reports contain errors, that is
inaccurate, incomplete, or misleading information that
can cost you tens and thousands of dollars, not to mention
being turned down for a loan.
Q: Why
do credit bureaus have separate credit reports for husband
and wife? [top]
A:
The credit bureaus collect information based on individual
social security numbers. Only by checking the husband
and wife's credit reports can you insure their accuracy.
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Q:
Can I use this program to dispute my spouses’ credit
also? [top]
A:
Yes. You can follow the same process outlined
in this program to restore your spouses’ credit
separately with no additional cost.
Q: Who
will remove items I dispute from my credit report? [top]
A:
Only the credit bureaus have the authority to remove items
from your credit report, but as required by Federal Laws,
the credit bureaus must delete inaccurate, unverifiable
or outdated information.
Q: Should I apply for credit while in the repair process?
[top]
A: No.
Do not apply for any credit during this process. Each
time you apply for credit, an inquiry is reported on your
credit and too many inquiries can be a sure cause for
denial of credit.
Q: Are
credit reports all the same? [top]
A: No. Each
of the three credit bureaus reports look different and
may not contain the same information. The bureaus maintain
their own separate databases and do not share your information.
Q: Does
paying a past due debt remove the debt from your credit
report? [top]
A:
Paying an old debt, “open” or “closed”,
collection account or not, does not erase the fact that
at one time you were not paying your account on time,
but it is possible to update and correct through disputing
your payment history to a positive status. Our CD-ROM
program will show you how.
Q: If I
have a collection account will this program delete my
debt for good? [top]
A:
With this program you may delete a collection account,
but you are still liable for your debt. This program does
not forgive you of lawful money owed, but will assist
you in restoring your credit.
Q: How
will I know the results following the credit bureaus review
of my file and disputes with this program? [top]
A: You will
know because the credit bureau(s) will send you an updated
credit report(s) reflecting corrections, updates or deletions
directly to you.
Q: Does
the GCDD CD-ROM explain in detail how to restore my credit?
[top]
A:
Yes. Our Golden Credit Dispute Disc CD-ROM program will
guide you step by step, from beginning to end during the
entire repair process.
Q: How
long does bad credit stay on my credit report? [top]
A: Usually
7-10 yrs from the last date reported. You can avoid this
by getting started right away!
Q: Is this GCDD CD-ROM program
easy to navigate through? [top]
A:
Yes, of course. This program is made simple for your convenience
and is set up based on this web site layout with all of
the easy to use buttons while selecting the section or
document you would like to use throughout the interface
of the CD-ROM.
Q:
Do I have to pay off my debts to use this GCDD
CD-ROM program? [top]
A:
No. MGC does not advocate the non-payment
of your debts. However, that decision is between you and
your creditors. This CD-ROM program is designed only to
assist you in the clearing & updating of your credit
reports in accordance with the FCRA regardless of whether
you pay these debts or not.
Q: Will
this program remove items permanently?
[top]
A: Yes.
This program was designed to remove items permanently.
On very rare occasions, from time to time, the item previously
deleted might be re-reported on your credit again. If
this happens this CD-ROM program will show you how to
address that situation if and when it occurs. Otherwise
all items removed the first time will not reappear. Note:
Unpaid collection account(s) may reappear do to the continual
buying and selling of the account(s) between collection
agencies. To avoid this we have made the solution available
to you in our product.
Q:
Why should I use this product when there may be others
out there? [top]
A: If you
want results and all the necessary tools needed to have
good credit again, our GCDD CD-ROM program is for you!
MGC is a leader in distributing financial products, which
helps consumers meet their goals financially in a realistic
affordable way. The first step is to start restoring your
credit. Then your debts need to be paid down. If necessary
new credit should be obtained to re-establish credit history.
In our fast paced world today the saying holds true. "You
get what you pay for," and this program is truly
"An investment you'll never regret."
Q: Why
should I get started now? [top]
A: Its up
to you. You can wait 7-10 years for your credit to cure
itself. Or you can take action, start now and look back
and smile knowing that you did something that is going
to benefit you for the rest of your life. All this, in
a reasonably short period of time and you'll be glad you
didn't wait. The longer you wait the longer it will take
for you to restore your credit & meet your goals for
your family & yourself. Procrastinating will only
hurt you. Especially when you cannot wait to get that
new house, car, stereo, credit card, job, big screen TV
etc! This CD-ROM program is no gimmick like most of those
"Repair Gimmick Kit's" out there today. This
CD-ROM program is truly as professional as it gets. Rest
assured with minimal time & patience, MGC's CD-ROM
program will guide you all the way through the repair
process and lead you to credit freedom again!
Q: What
does a home mortgage & this CD-ROM program have in
common & why do I need this CD-ROM program if I have
an adjustable, variable rate loan or "Temporary,
Band-Aid loan"? [top]
A: For several
reasons. Once you are in your home you now have the chance
& must begin cleaning up your credit, reestablishing
new credit & ultimately must refinance into a conventional,
lower rate mortgage before your loan adjusts to a higher
interest rate with larger monthly payments. If you already
have a home, a refinance to cash out equity to pay off
or consolidate your credit card debt, collection accounts,
chapter 13 bankruptcies, liens, any debt deficiencies
balances is a great way to begin cleaning a troubled credit
history, save money each month & get back on track.
You must remember that these adjustable loans are typically
for the short term, usually 2-4-5 years. You will need
to begin restoring your credit now so that by then you
have cleaned up your (and whoever is on title(s)) credit
and can qualify for a refinance into a traditional lower
risk, better term, lower interest rate loan, with lower
monthly payments. |
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