*2021 hacks* HOW TO REMOVE EVERY CHARGEOFF FROM YOUR CREDIT REPORT * credit repair secrets*

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hi guys in today's video i'm going to show you guys how to remove every charge

off from your credit report to the video

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guys if you're new to the channel my name is credit coach q i created the

first software that allows you guys to fix your own credit and put your credit

in your own hands guys in today's video i have

a blessing i'm going to bless you guys with this information today for

um i've been kind of stagnant on releasing this information but

i'm going to bring it to the public and help you guys um

remove the charge back the charge offs on your credit report so

the first thing that you want to do when it comes to a charge off is

understand what it is a charge off is a written off debt that are a an

original creditor had on your behalf and they sold it or they

written off on their taxes so when it comes to those big

institutions what they do is that they write the debt off

on their taxes and they get a tax break when they do that it normally create

what is called a charge off a charge of is exactly what that is

a written off piece of debt that you once owed an original creditor

they written off when they taxes and they usually send it off sell it to

another collection agency so in a nutshell that's what a charge-off

is a lot of people i've been hearing these quote-unquote experts say that

don't remove chargebacks and don't worry about chargebacks because

it doesn't hurt your score that might be true in some instances but

it does hurt your qualifications for underwriting when it comes to getting

approved so when you want to get your 2020 bmw or you want to get

a 15 000 credit card those chargebacks are going to go into effect when it

comes to getting your approved because underwriters hate chargebacks it

basically leaves a trail that you are in bad

positions when it comes to big large loans so that's what a chargeback

is those are underwriters look at chargeback they hate them

in today's video i'm going to give you guys information to remove the

chargebacks from all three of your reports okay so

the first thing that you want to do and this is for any type of debt and

collections chargebacks anything that looks for errors

you have to understand guys everything on your credit report has to be 100

timely 100 verifiable and 100 accurate so that mean a letter a number

a word a census a a

amount everything on your credit report has to be 100 accurate

okay so make sure that you're looking at the dates you're looking at the numbers

looking at the name you're looking at everything

and make sure that everything is accurate and it fits

the description of you okay i cannot tell you how many people

have so many inaccuracies that's on their credit report

and they didn't never know how to look for their inaccuracies or

actually look for the inaccuracies and they just stay on credit report for

literally years so the first thing is to look for

those inaccuracies and make sure that everything is

accurate on the report second is

what i like to call a hardship letter so this is number two number two

is the hardship letter the hardship letter is basically

you following a hardship you send a letter

to the credit bureaus basically explaining your hardship

and they basically write the debt off and counsel the debt

a lot of hardship uh approval letters has been coming back from the cro

from the collection of companies and we have been getting a lot of debt removed

because of covet in particular and if you have been

a person that suffers from covet when it comes to your finances or when it comes

to your health or anything like that this would be a great time to actually

take that as a blessing not a blessing that you

have going through it but take it as a blessing and look at the glass half full

and take that opportunity to send that information to the

collection agency and tell them that you are not able to

satisfy this debt because you are going through hardship

now when you do send the letters to the uh collection agency

make sure that you put in a 1099 c ask them in the description to put

uh your debt under a 1099 c and have the debt

counsel entirely okay um guys keep in mind that the software that we

have allows you to remove any type of debt including charge offs

it has over 150 different dispute reasons

when it comes to items like charge off so

and it is completely structured to basically

handle the dispute process for you the software does everything for you

it just put you in the driver's seat and the software becomes

the driver so make sure you have that in mind if you're doing it organically

you're writing these letters out make sure that you

are writing this stuff down but i'm asking because the descriptions

is very important adding the 1099c is a very important add-on when it comes to

sending out your hardship letter so keep in mind you can use the software

the link is in the description below make sure that you check out the link in

the description um we are running a one dollar trial

guys one dollar one dollar one dollar trial for you to

start the process if you don't like it you can cancel any time

but if i was you i would take advantage of this opportunity

to use a dollar investment to change my credit

situation forever okay so if you are doing it organically make sure that you

are following what i'm saying and putting

what i'm saying into the description three now i did tell you that everything

has to be hundred percent timely so 100 timely basically falls

under the statute of limitations so this is

when your heart shift letter come back and

they say we basically don't care about you

we don't care about your hardship we don't care about your situation

we don't care anything about that we are still coming after you and we still want

our money this is the next step the next step

would be basically um making sure that the statute of

limitations on that debt fits the criteria

i want you guys to go on google and find out what is the

statute of limitations for contracts in your state every state is different

in my state is seven years in some states it's five

in some states it's six so make sure that you are

knowing the statute limitations for debt in

your state now once the statute of limitations up for that debt

by law they have to remove it so for instance if you have a debt that's seven

years old and the sexual limitations for contracts

in that state of seven years by a lot of they remove it but sometimes

the statute of women sometimes the debts stay on there for eight nine

ten years and they don't remove it because you are not

using the tools that's afforded to you by the fcra to have those things removed

so make sure that you are looking for the

statute of limitations so if the statute of limitations

doesn't meet up i want you to send out another letter and telling them

that the statute of limitations for this debt does

not add up again keep in mind guys that the statute of limitations letters

and the descriptions are in the software when you do send out your statute

limitations i want you to add in the description

i did not get sued and i do not have a judgment on this debt

and i did not make a payment from the original date

when you make a payment to any type of debt you basically

start to statute limitations over so if you have a

seven year statute limitation debt and you pay on it on the sixth year

instead of waiting a year for the debt to get removed you're going to be

waiting eight years because you just added

another seven years to the original date so you want to make

sure that you are not paying to the debt

especially if the debt is old because you might potentially hurt you yourself

by starting the statute limitations date completely

over okay so the fourth step is basically disputing it so

if the statutory limitations method don't work the

hardship method do not work and the original looking for errors method don't

work i want you to go on the defense now this is when

you're going to get a little bit gritty so to speak when it comes to

fighting back when it comes to the credit bureaus i want you to

go and dispute the debt this is the this is the last method guys

i want you guys to dispute the debt using the 609 method

you can use the verification method or the 609 method both of them tend to work

when it comes to this method now when you send out a 609

letter you just can't send out a letter or a template

never use a template guys always use your original

content that comes from you that comes from your

voice um like i said within the software you are able to edit

every letter that goes out before it goes to printing

you are able to add your own descriptions your own notes

your own everything to the letter before it's printed out

before you actually send it to the credit bureau so keep in mind guys

these are the things that i want you to request

inside of your 609 letter so inside the 609 letter i want you to put this in the

description and i want you to write this down

because this is very important asking for these

items are your law um your god-given law so these

items are afforded to you by the law the law basically stipulates

that the creditors have to provide this information

uh by law and if they don't they have to remove it so these are the items that

i'm asking you to request from the credit bureaus write this down guys um

the first thing i want you to ask for is the original contract the original

contract is the hard copy that you sign when you open the account

it has your web signature on that that contract is very important and by

law they have to provide it when requested so that's the first thing i

want you to ask for the second thing that i want you to ask

for is a paid off disclosure so the payoff

disclosure is in the contract and they're supposed

to have it a lot of times they don't have this information guys and this is

this is this is the tip this is this is the sauce

they don't they don't have this information a lot of the times

because everything is sold once they sell the debt to another

a company is sold digitally so they a lot of times they don't have this

information but you want to ask for the payoff

disclosure you want to ask for interest rate disclosure to prove the

interest rate that was disclosed inside the loan

you want to ask for a balanced history you want to ask for your payment history

for the debt and you want to ask for the credit

insurance so you want to ask for those items and

but like i said guys by law they are supposed to

take care of any type of request when it comes to this documentation

so like i said i'm gonna go back over it original contract

payoff disclosure interest rate disclosure

balance history payment history and credit insurance guys once you ask

for this stuff i can say like 75 almost percent of the

time they don't have it and by law if they

don't provide it they are supposed to remove the debt a

lot of times they just remove it and i'm gonna tell

you why they remove it because they don't want to be

responsible for paying someone to look up this information

they're not in the business of getting giving money out or

paying into your debt they are in the business of receiving money and

receiving money from your debt so if you're asking for all this information

it's going to take them hours and hours and hours of work

they have to pay for someone to do that so a lot of times it's not worth it

and they just remove it so that is a very very powerful way

of getting charge offs removed from your credit report completely

now sometimes they do have the information and if they do

another way you can remove it is finally negotiating the debt

i mean we have clients that just want to negotiate and just want to be

done with it and we get the debt down 40 50 even sometimes 60

because they bought it for pennies to the dollar so they don't mind

negotiating or giving us wiggle room as long as

they're getting some money on the back end

so those are my options from removing chargebacks guys

i mean i chargebacks charge offs if removing charge offs from your credit

report in any way form a fashion i guarantee

you if you follow these steps you will get a lot of success again guys

remember i want you to remember to lick click the link in the description

below and look for the dollar trout to start this

process guys i guarantee you it will save you and your family tons of

money of interest and also it will give you the experience and

the education you need to be successful long term

again guys my name is credit coach q until next time

i'll see you next time bye