Rapid Rescore for A Louisville Kentucky Mortgage Loan Approval

Score Plus/Rescoring


Score Plus – Rapid Rescore – The Score Plus program allows Credit Plus to update credit information with the three national repositories in 5-7 business days. Credit Plus will forward documents supplied by your borrower directly to Equifax, TransUnion and Experian for a rush investigation. The repositories will update credit information and trade lines on their credit reports.

How long does it take to update credit information? While Score Plus is unable to guarantee a completion date, turnaround time to update credit information is typically 5-7 business days from the time your request is received. If the bureau rejects the documents, you will be promptly notified. 

What types of credit information can Score Plus update?
Given a verifiable document from the creditor, Score Plus can:
Remove derogatory information and accounts that were reported in error
Update an account that has been paid in full and closed
Update the status of a collection
Update a balance or paid-in-full status
Update an account to show that it was included in a bankruptcy
What documentation is required for Score Plus?
Bureaus require that all documents submitted:
MUST be typed on the creditor’s letterhead
MUST come from the creditor reporting the account
MUST state specifically how the information should be changed
MUST include the date, complete account number, and the name and contact phone number of the creditor