Q:
I understand how closing more deals can help boost my commission, but what are the other advantages to using ScoreCorrect?
A:
Anytime you can assist a potential client in raising his/her credit score and qualifying him/her for a home loan, you are demonstrating your willingness and ability to make a difference in people’s lives, which translates into client loyalty and repeat business. In addition to closing more first-time mortgages, ScoreCorrect can also help your clients refinance or get a more favorable interest rate. By keeping your client pipeline full, you’ll definitely be working smarter, instead of harder, to close more deals.
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Q:
Why should a Loan Originator use ScoreCorrect:
A:
Of our clients seeking a home mortgage, 88% immediately obtained a mortgage
after completion of the ScoreCorrect program. Of those clients who were referred
to us by a mortgage lender, over 96% returned to the referring Lender for a
mortgage. The lender submits their clients, ScoreCorrect does the work, and the
clients are sent back to their lender for a loan. It couldn’t be easier to
create future commissions while helping your client!
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Q:
How much does ScoreCorrect cost?
A:
The cost of having bad credit is much more expensive than using ScoreCorrect. With poor credit, you pay MUCH more for the exact same items as other people with good credit. After speaking with one of our representatives, you’ll learn that ScoreCorrect is a very affordable program that costs much less than continuing with poor credit. Initial consultations are free, and we’ll work out payments that are affordable for interested parties.
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Q:
Is credit repair legal?
A:
Absolutely! The Fair Credit Reporting Act (FCRA) gives your clients the right to accurate credit reporting. FCRA was designed specifically to provide a way for consumers to force the removal of erroneous, outdated, and unverifiable information from their report. An affiliated attorney network provides credit repair services on behalf of our members. Obviously, if credit repair were illegal, licensed attorneys would not facilitate the service.
Help clients exercise their right to accurate credit reporting by working with ScoreCorrect to either have questionable credit listings verified as accurate or removed from the credit reports according to the law. Under the Credit Repair Organizations Act (CROA), there are guidelines as to how credit repair companies may legally operate. ScoreCorrect is diligent in following these federal guidelines.
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Q:
Why shouldn’t I help my clients on my own?
A:
Certainly, with your clients’ written consent, you can review their credit reports with them and pinpoint obvious information that may cause potential areas of concern. However, getting to know the intricacies of analyzing credit reports and understanding how all tradelines taken together influence the credit score is a specialized skill that takes years to fully understand. Let ScoreCorrect handle the intricacies of credit repair so you can spend more time cultivating a larger client base and closing more deals.
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Q:
When will I be contacted about my client’s status?
A:
ScoreCorrect keeps you constantly updated as to where your clients are in the credit repair pipeline. As soon as we arrive at a credit score that is satisfactory to your lending organization, you will be immediately notified.
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Q:
How do you differ from other credit repair firms?
A:
ScoreCorrect does much more than simply challenging derogatory items on a person’s credit report. We also examine every trade line for coding errors, help people attach positive credit to their report, and delete duplicate negative information. ScoreCorrect can also challenge creditors directly and demand validation of their claims. Using a thorough, proven process, we can eliminate errors, help ensure the accuracy of the credit report, and get your client on a pathway to credit integrity.
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Q:
What if you can’t improve my client’s score enough for the loan requirements?
A:
ScoreCorrect is confident in our ability to challenge inaccuracies and raise your clients credit scores. In the event that their “final” score doesn’t meet your score criteria, we can continue to work with your clients to provide guidelines and practices to help boost their score over time. Although your clients may not qualify now, by working with ScoreCorrect, we can have them ready to reapply…and close…in the near future.
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