Because your credit record will influence your qualification for credit in the future, could affect rates for your current credit lines, and believe it or not, employment and insurance applications. Accordingly, if your credit report is incorrect, correcting the credit file will help improve your chances. A good credit score helps you obtain low interest rates on long term loans, like home loans or car loans. Lenders may charge high interest rates or impose undesirable repayment plans for you. Given the stakes and the consequences involved, it is clearly to your advantage to work toward recovering from a bad credit rating. 

It's very simple. Click the Enroll Now button above or Book a Call with our team to review your credit history and put together a customized plan for you. We also guide you every step of the way as to what we are doing and what you need to do. You do your part while we work directly with the bureaus on your behalf to clean up inaccuracies in your report. Working together we will repair and build so you are back in control.

If you have errors on your credit reports that can be successfully disputed, you could see improvement in your credit with the first update in 45 days, though typically the process takes 6-12 months. People who are persistent over many months and know the law have the most success improving their scores. 

Buying a home or car, one item on a credit report and score can stop the purchase. Credit repair has always been important. Mortgage, auto and personal lenders have long relied on your three-digit credit scores to determine if you are creditworthy enough to qualify for a loan. Lenders also rely on your credit scores to determine how much interest you'll pay on these loans. But today, lenders aren't the only ones who rely on these scores when making financial judgments. A growing number of employers tap into the credit information of job applicants when making hiring decisions. Those with low credit scores might lose out on their dream jobs. Even auto insurance companies often rely on credit scores when setting policy premiums. It's clear that having a strong credit score is the key to a stress-free life today.

A formula, or algorithm that analyzes the information in your credit file and returns a number or score.Your score indicates your risk to creditors or lenders. The lower the number, the more risky you are determined to be.

Names and addresses the credit bureau believes (rightly or wrongly) have been used by you. Your positive credit history: creditor, type of credit and, if ongoing, the current status of the account.Your negative credit history: past due payment history, collection accounts.  Public records of bankruptcy, repossession, liens and judgements.

Excluding some public records concerning taxes, seven years.Note: this is how long is legally allowed and how long it should be on your report. We often find negative information on credit reports that violate this law.

THERE ARE OVER 25  DIFFERENT SCORING MODELS 

At least 660 for your FICO score. 680 TO GET THE BEST INTEREST RATE

FICO scores range from 300 to 850 depending on your assessed risk:

Poor: Less than 580

Fair: 580 - 669

Good: 670 - 739

Very Good: 740 - 799

Exceptional: Over 800

The minimum credit score for a home loan is 620. TO GET THE BEST RATE A 680 IS NEEDED. This is a FICO (not FAKO) mortgage mid score, meaning all three credit bureaus' middle (or mean) score. 

The scoring model used for mortgage lending is different from that used for auto loans or credit cards. These scores may be different for the same person.

Lenders to whom you apply for credit.

Lenders who want to send offers to extend credit (unless you opt out of these offers.)

You when you request them.

WITH YOUR PERMISSION, Your employer, or prospective employer cannot see your credit score, but they can see much of your credit history by getting an Employment Credit Check (only with your permission).

Your credit score measures how and how long you have used credit. If you use different kinds of credit types and keep all your commitments, your score will increase over time. History is time; the longer, the better. Your score decreases with a lack of late payments, credit history, car repossessions, bankruptcy, and all liens.

No. Rich, middle class and poor people can all have high scores - or low scores.

Your credit score is a measure of your ability to keep credit commitments. Lenders use it for this purpose, not how much to lend.Your income, and debt, determine much credit you can afford and how much credit lenders will extend to you.

YOUR dti (DEBT TO INCOME ) RATIO WILL PLAY A PART IN HOME PURCHASE/ MORTGAGE LOANS!

Typical credit restoration Process:

Initial Consultation: Assessment of credit report and identification of inaccuracies or areas for improvement. Full strategy given before starting.  Monthly review then revised as needed.

Disputes: Filing disputes with 3 credit bureaus AND creditors for incorrect items.

Negotiations: Working with creditors to potentially remove or modify negative information.

Credit Education: Guidance on best practices for building and maintaining good credit. 

Duration and Expectations of the repair process: Results can start appearing in 3 to 6 months, but more complex cases can take 8-10 months.

Patience and consistent effort are key; not all negative items can be removed. 

Legal entities that control the credit repair process: Fair Credit Reporting Act (FCRA): Governs how credit information is reported and disputed. Credit Repair Organizations Act (CROA): Protects consumers from deceptive practices by requiring transparency and setting limits on fees.

Rights: Consumers have the right to a free credit report annually. It is offered but, Do not dispute online.

Credit Score Factors: Primary Factors:

Payment History (35%): Consistently paying bills on time has the most significant impact.

Credit Utilization (30%): Keeping credit card balances low in relation to the credit limit.

Length of Credit History (15%): The age of credit accounts matters; longer histories are better.

Credit Mix (10%): Having a variety of credit types (credit cards, loans) can improve scores.

New Credit Inquiries (10%): Opening several new accounts in a short period can lower the score.

Improvement Tips: Pay bills on time, reduce debts, avoid opening unnecessary accounts, and regularly check credit reports for accuracy.

Positive Impact: Improved credit scores can lead to better loan terms, lower interest rates, and higher chances of approval. Job approval too.

Long-Term Benefits: Establishing good credit habits during repair can lead to sustained financial health. Health is wealth!

Primary Factors: Payment History (35%): Consistently paying bills on time has the most significant impact.

Credit Utilization (30%): Keeping credit card balances low in relation to the credit limit.

Length of Credit History (15%): The age of credit accounts matters; longer histories are better.

Credit Mix (10%): Having a variety of credit types (credit cards, loans) can improve scores.

New Credit Inquiries (10%): Opening several new accounts in a short period can lower the score.

Pay bills on time, reduce debts, avoid opening unnecessary accounts, and regularly check credit reports for accuracy.

Typical credit restoration Process:

Initial Consultation: Assessment of credit report and identification of inaccuracies or areas for improvement. Full strategy given before starting.  Monthly review then revised as needed.

Disputes: Filing disputes with 3 credit bureaus AND creditors for incorrect items.

Negotiations: Working with creditors to potentially remove or modify negative information.

Credit Education: Guidance on best practices for building and maintaining good credit. 

Duration and Expectations of the repair process:

Results can start appearing in 1 to 3 months, but more complex cases can take 5-6 months.

Patience and consistent effort are key; not all negative items can be removed.

 Legal entities that control the credit repair process:

Fair Credit Reporting Act (FCRA): Governs how credit information is reported and disputed.

Credit Repair Organizations Act (CROA): Protects consumers from deceptive practices by requiring transparency and setting limits on fees.

Rights: Consumers have the right to a free credit report annually. It is offered but, Do not dispute online.