5 Overlooked Ways To Improve Your Credit and Qualify For A Lower Mortgage Rate

 Credit Repair Can Be Scary... The idea of getting a home loan straight up scares most people. Not because it’s a loan and you’re borrowing money, but because of a variable rate that lenders give you. A small fractional difference in rate, which might not look much on paper, can cost you in five figures [...]

Credit Repair, Debt Settlement and Tax Time

Credit Repair and Tax Time. As many debt collectors and consumers already know tax time is a great time for credit repair. Creditors know that tax time typically brings many consumers a large influx of cash that many wouldn’t normally have on hand and as a result offering much lower settlement offers than usual. Creditors usually aim to settle accounts for about 50-70% but lower their settlement offers to 25-50% around tax time. Credit Repair and Debt Settlement 101 When It comes to taking advantage of this great time of year to settle debts one must consider several things when negotiating settlements and working on credit repair. Keep in mind that credit repair and debt settlement are different in regards to the fact that the focus in debt settlement is on saving you money in settling debts while credit repair is more concerned with your credit reports and credit scores. While the two services can work hand in hand most don’t consider the benefits of both when settling debts. […]

By | January 3rd, 2013|Collections, Credit Repair, Debt Settlement, Misc|0 Comments

Credit Repair FAQ

Credit Repair, Can it be done Legally? It is your right and responsibility to assure the accuracy of the items on your credit reports. If information recorded on your credit reports does not accurately represent your behavior as a consumer, then you have the right to request that questionable information be removed from your reports which in essence is an important part of credit repair. […]

Credit Repair & Failing to Properly Validate Accounts

First it’s important to make sure you get reports from all three credit bureaus (Experian, Equifax and Trans Union) so that you have a full picture of your credit history. Some companies only report to one agency. Some report to all three, but if you are committed to repairing your credit, you need all three so that you don’t miss anything. Then go over your credit reports carefully. Check to see that there are no errors such as a bill you have paid, but that is still being shown as owed. People at credit bureaus are human too and make mistakes just like you! If you don’t call attention to these mistakes, no one else will. […]

Credit Repair Tip #3 – Improperly Paying a Collection

This is an all to Common Credit Repair Mistake It might seem logical that if you pay your bills in collection, your scores will increase. BUT FROM A CREDIT PERSPECTIVE, PAYING A BILL THAT HAS BEEN TURNED OVER FOR COLLECTION MAY BE MORE DAMAGING THAN IGNORING IT. […]

Quick Tip: Original Creditors

When in the process of Credit Repair, if the original creditor has no records of the account your disputing, a particular negative account that may be hurting your credit reports and credit scores, call or write the Credit Bureau's back and tell them that original creditor has no records of the account. Next request that [...]

Facts & Fallacies of Credit Repair

There is lot of information available about credit repair, but so much of it is conflicting, it’s easy to get confused. The credit bureaus themselves would like consumers to believe that there is nothing they can do to improve their credit ratings. There are unscrupulous credit repair companies that guarantee miraculous, instant jumps in credit scores… and then there are legitimate credit repair agencies that provide services that give consumers realistic and reasonable results. Please know Credit repair is done properly is valuable. […]