Credit Repair

Don’t get stuck with bad credit. Contact us today so we can help you fix your credit.

Did you know that 90% of top lenders use FICO scores to make credit-related decisions? FICO scores range from the low 300’s to the top 850. Do you know your FICO score?

Why does a good FICO score matter?

A FICO score is the first thing a lender looks at when determining if they are going to loan you money. When looking at your FICO score the lenders will determine how much money you can borrow, how long you will get to repay the loan, and how much it will cost with the interest rate. Therefore, a good FICO Score is important as it can save you thousands of dollars in interest and fees because lenders are more likely to extend lower rates if you present less of a risk for them.

Factors that influence your FICO score

Most Influential

Payment history on your loans and credit cards

Highly Influential

The total debt and amounts you owe

Moderately Influential

The length of your credit history

Less Influential

All your new credit and the types of different accounts you have (also called a credit mix)

Credit Scores are usually affected by elements in your credit report such as ...

Payment history for loans and credit cards
The credit utilization rate
Type/ number and age of credit accounts,
Total debt
Public records such as bankruptcy,
The number of credit accounts that you have already opened,
Number of inquires for your credit report.

Benefits of Repairing your credit

Lower Interest rates
Qualify for better options
Approval for Higher Limits
More Negotiating Power