What Is Credit Restoration And Reasons you should restore your credit:
A recent study indicated that 79% of consumers have some kind of error or inaccuracy on their credit report.
In the last 10 years credit repair has become a necessary process for keeping your financial life healthy, just like out-patient surgery, or drive-up oil changes. Most people have potentially damaging inaccuracies on their reports that could be hurting their scores. Credit repair is the process of identifying errors, disputing the information in question, and monitoring the bureaus to make sure the corrections are made to your report.
We understand how the Industry scoring models work, which account types have the greatest credit score impact and prevent loan qualification, and we strategically attack those accounts to have them removed for Loan Approval.
We remove your NEGATIVE and MOST RECENT negative credit items. This has the greatest impact on your credit scores. These actions are tactically designed to increase your credit scores QUICKLY. We even wipe unverifiable inquiries off your credit report clearing your history. Our entire system is strategically designed to give you the largest credit repair increase in the shortest period of time. AND, our disputes are customer tailored for Industry Specific Loan Approval.
In the last 10 years credit repair has become a necessary process for keeping your financial life healthy, just like out-patient surgery, or drive-up oil changes. Most people have potentially damaging inaccuracies on their reports that could be hurting their scores. Credit repair is the process of identifying errors, disputing the information in question, and monitoring the bureaus to make sure the corrections are made to your report.
We understand how the Industry scoring models work, which account types have the greatest credit score impact and prevent loan qualification, and we strategically attack those accounts to have them removed for Loan Approval.
We remove your NEGATIVE and MOST RECENT negative credit items. This has the greatest impact on your credit scores. These actions are tactically designed to increase your credit scores QUICKLY. We even wipe unverifiable inquiries off your credit report clearing your history. Our entire system is strategically designed to give you the largest credit repair increase in the shortest period of time. AND, our disputes are customer tailored for Industry Specific Loan Approval.
Reasons you should restore your credit:
- 1. Save money on interest
- Low credit scores mean higher interest rates, and that means higher finance charges on your credit card balances.
- 2. Stop paying high security deposits
- Utility service providers and even phone companies check your credit before allowing you to establish service. To offset the risk of a default, those service providers charge you a deposit.
- 3. Get a lower insurance rate
- Believe it or not, your credit history affects what you pay on insurance premiums. This includes auto, life, and home insurance.
- 4. Stop paying cash for everything
- If you have bad credit, you'll have a hard time getting a credit card, which means you'll end up paying cash for everything. It doesn't become a nuisance until you need to do something like renting a car, where you have to pay an extra deposit if you don't use a credit card.
- 5. Get a higher credit limit
- Generally, as you demonstrate you can pay your bill on time, your creditors will increase your credit limit.
- 6. Stop debt collector harassment
- Repairing your credit includes paying off those debt collection accounts. Until you do, you face relentless calls and letters from debt collectors. While you can take action to stop debt collector calls, collection accounts often move from one debt collector to another. When a new collector gets your debt, you'll have to go through the process of stopping the calls all over again.
- 7. Feel better about your credit score
- After you repair your credit, you won't have to be afraid of checking your credit score or worse, having someone else check it.
- 8. Buy a new house
- Homeownership has always been the American Dream. Bad credit is the nightmare that keeps you far away from that dream.
- 9. Rent an apartment
- Not only can bad credit keep you from buying a home, it can also keep you from renting an apartment. Many landlords check credit to determine the probability that you'll be late on your rent. Bad credit could get your rental application denied.
- 10. Buy a new (or newer) car
- Auto lenders are among the many businesses that check your credit before lending to you. Without a good credit score, your auto loan application could be denied leaving you to drive the same vehicle.
- 11. Get a job
- Employers check credit before deciding to hire you. Some government and financial jobs are particularly curious to know about your financial history. A bad credit history could cost you the job, or the promotion if you're already employed.
- 12. Stop relying on co-signers
- When you have bad credit, you'll often need others to co-sign for your loans and credit cards. If you can find someone to co-sign, you're putting financial pressure on them but they don't receive any of the benefit.
- 13. Start your own business
- Starting a new business takes money; so many entrepreneurs rely on small business loans to get their businesses of the ground.
- 14. Protect your children's credit score
- Having bad credit can tempt you to use your child's credit. You might think you'd never do that but you never know what you'll do when you’re desperate.