PERSONALIZED CREDIT REPORT AND SCORE ANALYSIS
Our Process
We understand that credit is an important part of life and our team of credit consultants are devoted to educating consumers improve it as much as possible. Whether you are purchasing your first home, refinancing your current mortgage, buying a new car or getting the credit cards you always wanted, we are committed to help you reach your goals. The importance of good credit also extends beyond purchases as potential employers also use this information to select the best candidate for the job. Our advisors will attentively review your credit report and design a personalized plan suitable for your specific situation to maximize results.
Your credit score is very much like a score you would get on a test; you get points for everything positive and points taken away for everything negative. Even though the highest credit score you can achieve according to the FICO algorithm is 850, it is mathematically unobtainable. One single inquiry from a lender to find out your score could drop it 3-6 points. Credit scores in the upper ranges will open up the best interest rates and repayment terms for installment loans and revolving accounts.
Personalized strategies are created in a case-by-case scenario in which all the information is thoughtfully examined to achieve the best possible results for all our clients. All applicable guidelines and regulations of the FAIR CREDIT REPORTING ACT are enforced to remove any inaccurate, incomplete, unverifiable or obsolete negative information from your credit report. Our experienced consultants utilize every resource available to help guide our clients through the intricate process of efficiently restoring their credit and increasing their scores.
Items which negatively affect your credit report and scores:
- Collections
- Late Payments
- Bankruptcy
- Charge Offs
- Judgments
- Tax Liens
- Foreclosures
- Short Sale
- Inquiries
- Profit & Loss
- Repossessions
COMPLEX TOPICS DISCUSSED IN OUR PROGRAM
- Paying off collections will not automatically remove them from your credit report.
- Debt consolidation vs credit repair.
- How "piggybacking" / becoming an authorize user can boost your score.
- Guidelines and regulations paced by the Fair Credit Reporting Act.
- Multiple inquiries in short period of time will severely impact your credit score.
- Differences between online scores in comparison to lending institutions.
- Once a delinquent trade-line is paid off the late payment history does not disappear.
- At least one active revolving tradeline and installment is needed to have a true score.
- Buying a home with a Individual Tax Identification Number.
- How to expedite procedures used to update changes done to your file.
- Paying off your mortgage or car loan will not help increase your score.
- Maxing out credit cards has an immediate negative impact.
- Not all reports and scores are the same since it varies depending on the industry.
- Unsecured credit cards, secured credits cards, debit cards & prepaid cards.
- Good credit is not tied to your income, checking or savings accounts.
- Accounts filed in a bankruptcy are still considered adverse items.
- Cancelling and/or opening credit cards could decrease your score.
SOME OF THE BENEFITS YOU WILL ENJOY INCLUDE
- Friendly, helpful, and knowledgeable staff.
- Unlimited disputes.
- Personal account manager.
- Counseling regarding credit score algorithms.
- Useful tips for you and your family.
- Comprehensive credit report analysis.
- Disclosure of consumer rights.
- Periodic soft pulls to monitor progress.
- Score tracking through VantageScore 3.0
- Personalized positive tradeline assessment.
- Client credit education resources.
- Monthly updates directly from the bureaus.
