One charge-off can drop your credit score by 120 points but a removal can have a reverse impact.
The Impact of a Charge-off:
- Reported for 7 years (even if paid off)
- The closing of good standing credit cards
- A low score can cause stress and anxiety
- Loan denials (home, auto and credit accts.)
- High-interest loan approvals
Removing a Charge-Off is Not Impossible, When You Have The Right Team Behind You
If you had trouble or no results with other credit repair companies and are now concerned about being deceived, watch our video on “How to Avoid Credit Repair Scams”.
Your concern may stem from the fact that companies like Lexington send out letters that have only proven to be ineffective and then charging its customers upfront fees prior to working on their credit file (for more information please see the Lexington lawsuit link).
Our business model simply allows us to focus on your unique credit situation giving you the best chances of fixing your credit.
R.P.L Removal Method™
We’ve developed a unique 3-step process that can repair your credit in as little as 45 days(you don’t have to wait for 7 years). The R.P.L. Removal Method™ can help you resolve your credit issue like it has helped thousands of other clients achieve outstanding credit and regain financial freedom.
We audit the collection company’s compliance records to uncover violations of the Fair Debt Collection Practices Act and the Fair Credit Reporting Act & file regulatory complaints. If the collection company doesn’t delete then we move to the next step.
Here we serve the collection company with a notice of impending lawsuits accompanied by a copy of the lawsuit draft violations. If this does not work we move to step 3.
Our associate attorney help file suits or arbitrations based on violations we discovered. This may cost the collection company several thousands , under this pressure collection companies delete the account.
Work With Us
Over 20 years we’ve perfected a 3 step R.P.L. Removal Method™ which has resulted in deletions from every major collection company.
Frequently Asked Questions: General
No, here’s why you shouldn’t waste your time with credit bureau disputes.
A lot of misguided credit repair “experts” encourage consumers to dispute recent negative account claiming you’ll get a deletion “if the creditor does not respond within 30 days.”
In reality, this is one of the least effective ways of restoring credit. And it doesn’t require any legal expertise. In other words you don’t need a credit repair company to do a credit bureau disputes. You can do it yourself online.
Here’s why credit bureau disputes have become ineffective over the years.
Today, all the credit bureaus have modernized their systems and switched to automatic dispute verifications where they correspond with the creditor via their data exchange interface, E-Oscar. (Learn more about what credit bureaus are and how they work)
Hence, unlike in the older days, no phone calls or handwritten communication is exchanged between credit bureaus and creditors.
This interface verifies millions of accounts that are disputed by consumers every month in a matter of minutes.
Now a credit bureau dispute may only have a limited chance of working in a where you a disputing an account that was closed several years old that the creditor has no record of
Here at Imax , we use the most effective method of addressing questionable negative items. Instead of generic disputes. our associate attorneys sue creditors to get deletions.
We’re not the cheapest , but we are the the best and most effective at what we do
As we even go as far as suing the creditors and collection companies.
Unlike most companies, we have $0 upfront fees and charge only after results.
Our goal is to come up a customized solution for each clients needs.
Hence fees can vary by person and can range around few to several thousand dollars.
But our guarantee is , if we don’t restore your credit we do not charge.
Our process can generally take anywhere from 45 days to 180 days in most cases.
1.Registed with Dept of Justice
2. $0 Upfront Fees
3. You only pay After results
4. 19 years of happy clients, without a single complaint.
5. Voted “Best of Yelp”
Watch this video to learn more
Only paying off certain types of accounts will increase your score.
WHAT WILL INCREASE YOUR SCORE:
Paying off credit card balances will increase your score.
WHAT WON’T INCREASE YOUR SCORE:
Paying off auto loans , mortgages and other loans .
Paying off collections (where the collection company does not explicitly state they will delete the account)
Paying off charge-offs .
We have $0 Upfront fees.
You only pay us AFTER results.
So if we don’t produce results, you are charged nothing.
We’ve got a perfect record for privacy and security
We are registed with the California Department of Justice and we are bound by and follow the same privacy and security standards that apply to any major bank or credit bureau
We are proud to say that unlike institutions like Equifax , Wells Fargo and Chase, who get hacked periodically and have lost peoples data,
we have never had a security breach in the nearly 20 odd years of our existence.
Just like any company, in some instances we may work on a clients credit and not be successful.
However, if that happens, the client is not billed by Imax. Whereas other credit repair companies bill clients despite not producing results.
Given we only charge after results, we do our best to only take on clients where our chances of success are high.
We have a proven track record of successfully helping clients improve their credit scores.
We’ve been voted “Best of Yelp”
For over 19 years have had zero complaints with the Better Business Bureaus
Have helped thousands of clients achieve financial freedom
We are : (Licensed, Bonded & Registered)
-Registered with the California Department of Justice & Attorney Generals Office
-Registed with the California Secretary of State
– Fully bonded up to $100, 000 (as required by state law)
– Voted “Best of Yelp”
-Licensed with the City of Santa Monica and Los Angeles
Note: These are the basic requirements for any local credit repair company to do business. Unfortunately the vast majority of credit repair companies do not meet these requirements.
We simply charge our clients AFTER producing results.
So there is ZERO chance of you spending money for no results.
If we don’t produce results, then you don’t pay us.
If you’ve been scammed by a credit repair company, watch this video on how you can help you get your money back.
We’re big proponents of quick self help fixes, before we advise clients to hire us.
If you’re looking into self help before hiring us, then a pay for delete may only work for you if there is a collection account on your credit report.
Some collection companies are allowed by credit bureaus to delete accounts once paid .
However, you’ll need to ask the collection company to see if they have a “pay for delete” policy.
Keep in mind, banks and lenders are not allowed to do a “pay for delete,” only certain collection companies are
However, here at Imax we specialize in getting items removed with “pay for delete ” strategy by suing creditors and collection companies .
Hence, if you can’t get a “pay for delete” done yourself, then you’ll need Imax’s professional help.
Looking to improve your credit score?
We have helped thousands remove negative credit items, improve credit scores, and have a proven track record of delivering results for thousands of clients in as little as 45 days.