Frequently Asked Questions (FAQs)
Credit repair involves the process of addressing questionable negative items that may be adversely affecting your credit profile. When the credit bureaus and your creditors cannot verify the fairness and accuracy of these items, they are obligated to remove them.
Yes, your credit can be repaired, whether you choose to do it yourself or hire a professional service. The Fair Credit Reporting Act grants consumers the right to an accurate credit report, allowing you to formally dispute any inaccuracies or incomplete information with the credit bureaus. While it’s not possible to guarantee the removal of every negative item, we employ ethical and legal credit repair methods that have enabled our clients to eliminate 95% of their negative items, thus improving their credit scores.
We offer an affordable credit repair service designed to accommodate all client budgets, with options starting at $305. We provide various service choices that can expedite the credit repair process for clients seeking the removal of specific negative items or the addition of tradelines to enhance their credit in a short timeframe.
Yes, you can repair your credit on your own. In fact, we provide you with the necessary information to contact the credit bureaus and creditors to address any errors on your credit report. However, this process can be time-consuming, complex, and require experience to legally and ethically remove negative items with a success rate of over 95%. Collaborating with a reputable credit repair company like us grants you access to a proven blueprint for efficiently and quickly removing these items from your credit reports, increasing your chances of approval.
No, although it may feel that way. Most negative items will eventually fall off your credit report after seven years, but in some cases, it can take as long as ten years. Credit repair can be a helpful solution if you need to qualify for credit and avoid high-interest rates.
Yes, creditors may report an item again even after it has been removed or deleted. This underscores the importance of maintaining contact with both the credit bureaus and your creditors to minimize the chances of inaccurate or unfair negative items reappearing on your credit report.
Absolutely. Credit repair is legal in all 50 states. Federal law guarantees consumers the right to dispute information in their credit reports to have it corrected. You have the right to a fair, accurate, and substantiated credit profile.
What Are the Seven Steps to Achieve an 800 Credit Score?
On-Time Payments: Timely payments account for 35% of your credit score. A single late payment can significantly impact a high credit score, so always pay on time.
Utilization: For revolving debt like credit cards and lines of credit, aim for a utilization rate of less than 10%. Lower utilization, such as below 30%, is even better.
Inquiries: Limit the number of credit applications. A majority of people with 800+ credit scores have not applied for credit in a year.
Mix of Credit: Maintain a mix of both revolving and installment loans. This indicates responsibility across various credit types.
Number of Accounts: An 800+ credit score typically involves having five credit cards alongside a mix of installment loans.
Negatives: An 800+ credit score often implies no derogatory marks, late payments, or public records.
Age of Accounts: The longer your credit history, especially with credit cards, the better for your score. Think twice before canceling your oldest credit card, as FICO values a long credit history.