Rapid Rescore

Rapid Rescore: 

You Can Take Control of Your Beanie familyLoan

What Is Rapid Rescore?

Rapid Rescore is the fastest score correction process in the market today. TheCreditBureau.com works directly with Experian, TransUnion, and Equifax to update tradelines and public records at the repository level.

The Benefits of Rapid Rescore

  • Raise your client’s credit score in 3 to 5 days. Close all your loans.
  • Raise your applicant’s credit score immediately
  • Qualify them for better loan products
  • Lower their interest rates
  • Create an environment for a growing business
  • Win more business from referrals

These changes are permanent. That means they will show up on the credit report, no matter who runs it.

Why Should I Use Rapid Rescore?

Around 80% of repository credit files contain incorrect data. This usually negatively impacts the FICO score. Sure, you can send your client to a “credit repair specialist” who will gladly take the opportunity to exploit them. Or you can have the consumer write to the three bureaus and submit a dispute. But this process will take at least 30 days for anything to get corrected on the credit report. Don’t waste your client’s money or time. Participate in the Rapid Rescore Program!

How Do I Use Rapid Rescore?

Your financial institution has to be signed up with us. 

  • Run the credit analyzer or credit assure to preview score improvement.
  • Confirm the tradeline(s) the customer is disputing.  Determine each bureau that is reporting that particular tradeline.
  • Obtain the necessary documentation from the consumer.
  • Submit your re-score and wait 3 to 5 days for a corrected credit report. Examples of acceptable documentation include:
    • Creditor Letters – Letters must include ALL of the following:
      • Letterhead of the creditor
      • Account number
      • Consumer’s name
      • Creditor contact name and phone number
      • An explanation explicitly stating what needs to be done with the account
    • Properly recorded public records such as:
      • Certified satisfaction of judgment from the court
      • Certified tax lien release from the IRS
      • Certified bankruptcy discharge papers from the court
      • Any other legal documents that may support the borrower’s claim
  • Other written correspondence with contact name
  • Examples of documents we will not accept:
    • Canceled checks
    • Receipts for money orders
    • Account Statements
    • Hand-written letters
    • Third party documentation
    • Complete the Rapid Rescore Form and fax it along with the appropriate documents to us.  All documents must be readable after fax transmissions. Our staff will notify you if the documents are not readable.
  • Once we have verified that the changes have been made on the credit file, we will contact you.  Your credit file be automatically corrected and there will be no need to run a new file.  The process will take between 3 to 5 days.

Register now or call us at 800-518-1077 and choose option 3.