is there a way to remove a repossession
from my credit report hi my name is
Jesse Rodriguez with credit CEO and
today I am going to show you the steps
that I take when I am personally
auditing a client's credit report and
attempting to remove a repossession so
the answer is yes it is entirely
possible to remove a repossession from
your credit report as a matter of fact
it's entirely possible to remove any
type of item from your credit report it
just needs to fall into one of these
three categories it either needs to be
inaccurate unverifiable or not
reporting the correct time frame so what
we need to do is we need to go and order
a credit report for you once we've
ordered your credit report we can take a
look at the way that that item is
reporting on your credit is it reporting
with a balance is it reporting late
payments is everything there one hundred
percent accurate timely and verifiable
well if something is wrong whether it be
the balance the payment history the
dates they're reporting and so on then
we have a great case what we would do if
we find that there are items that
qualify to be inaccurate untimely or
unverifiable is we would start the
dispute process now do not go and
dispute online it's the worst thing you
can do for yourself and for your credit
but I'm going to tell you exactly what I
would do I would write a dispute letter
to all three of the major credit bureaus
just asking them to verify that the
information on this account is reporting
accurately I would not say anything like
the account isn't mine
I wouldn't say anything except to verify
now in 30 to 45 days they're going to
come back and they're either going to
say verified updated or deleted then if
they verified it what we need to do is
we need to go in and find proof that
there is an accuracies or that pieces of
the account are unverifiable and we need
to go back and re-dispute with the
credit bureaus you're saying well they
already verified it why would you re
dispute? well you're doing you're not
sending another dispute that's the worst
thing you could do you're sending a
request for them to show you the method
of verification that they used at the
same time you're also going to send a
dispute letter directly to the original
creditor the one that is actually
reporting the repossession on your
credit since you disputed both accounts
at the exact same time this actually
gives you a higher probability that the
account will get removed when you send a
dispute to the original creditor and the
credit bureaus at the same time the
credit bureaus go and ask the original
creditor to verify the information but
the original creditor isn't allowed to
verify any information until they have
done a full investigation and completed
the dispute that you have sent there are
also a few other ways that you can go
about getting a repossession removed one
of the main ways is really to audit the
past paperwork after the repossession
did they send you something certified
mail with a return receipt that showed
exactly how much you owed after the car
was sold at an auction if they didn't
that's another great reason to get a
repossession removed from your credit
report so it's not always easy or fun
get a repossession and to try and remove
it from your credit report but it it is
entirely possible so don't let anyone
tell you otherwise if you would like to
schedule a free consultation with me
then you can go to our website below and
I would love to help you improve and
maximize your credit if you found this
video to be helpful please like it
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positive comment below I read all of the
comments and I love you guys so keep up
the great work and i will see you on the
next video
you