
Credit Rescore
Credit Rescore: CISCO is able to submit the proper paperwork directly to the three national bureaus, and in 48 hours, we are able to update the borrower’s credit report and change their credit score(s).
Rapid 48 Hour Credit Rescore
Rapid 48 hour credit Rescore is an agreement between CISCO and the 3 national repositories. CISCO is able to submit the proper paperwork directly to the national bureaus and in 48 hours we are able to update the borrower’s credit report and change their credit score(s).
We do not guarantee a credit score change because of the many possible factors involved. However, we have experienced score changes of 30 to 40 and in some cases greater than 75 points.
- Documentation for Rescores should specify the desired changes, including the consumer’s name, at least partial account number, and be dated. Acceptable documentation includes creditor-issued documents typed on creditor letterhead.
- Bankruptcy discharge letters, including all schedules
- Court issued documents
- NOTE: Without proper documentation, the bureaus will call the creditor to attempt to verify over the phone, and there will be a No-Doc fee added to the charge.
- Letters lacking the consumer’s name
- Letters missing the account number
- Letters without dates
- Letters without creditor information
- Documents with non-matching account numbers
- Documents older than 30 days (excluding court documents)
- Documentation that includes a “Null and Void” clause.
- Receipts
- Hand-written letters
- Emails
- Divorce decrees
- Payment histories
- Canceled checks or bank statements
- Copies of checks or money orders
- Mortgage settlement statements
- Documents from original grantors for debts listed by collection agencies
- Documents from collection companies for debts listed by original creditors
Express Request -“No Doc” Credit Rescore
When documented proof is not available from your customer, Express Request offers Phone Verification to process a request.
To improve turnaround times on dispute resolution, Express Request offers a Phone Verification service that will:
- Prevent delays
- Eliminate the need to gather proof documentation
- Prevent the declination of unacceptable proof documents
- Update account with most recent information, such as current balances
Download Rescore Form
Preview by ScoreNavigator
Preview by ScoreNavigator is a tool to provide the following to help improve your borrower’s report.
- Actions to take to improve report.
- Positive and negative factors of report.
- Estimated new score gain from suggested actions.
SmartScore Simulator by ScoreNavigator
Take advantage of our SmartScore Simulator by ScoreNavigator; this will allow you to input different scenarios and find out what the projected result would be.
- Change balances.
- Add accounts to see the effect.
- Close open accounts.
- Estimated score from changes made.
- Change status of accounts (collection to paid, etc.)
- Remove Disputes