More Than Credit Repair. Click below to read interesting content we have curated, on topics relevant, not only for credit repair, but to the everyday individual.
Your credit score plays a massive role in your mortgage pre-approval and home-buying journey. Because it can affect the type of mortgage you apply for and limit the extent of loans you can receive, it’s vital to understand how getting a mortgage pre-approval can affect your credit score.
Read MoreIf you recently had an item deleted from your credit report as a result of a dispute, it can be surprising if the collection suddenly reappears. Although this doesn’t happen often, it is possible for disputed collections to reappear on your credit report.
Read MoreThe Phenix Group often works with clients dealing with low credit scores or an adverse credit report due to payday loans, which can remain on their record for seven years.
Read MoreThe Illinois credit repair laws and legislation around accessing credit information extend beyond the federal laws and those applied in many other states.
Read MoreCollection agencies act as debt collectors on behalf of clients.
Read MoreDebt collectors can be ruthless; but rest assured they are held to certain collection practices. If you are getting calls after 9p.m. or they are using threatening verbiage, what can you do? Keep reading as we touch base on these items and so much more.
Read MoreWhat is ‘Credit restoration’? In a nutshell it consists of reviewing your credit report, pinpointing errors and unverifiable or outdated negative items, then sending audit and dispute letters to remove or rectify those items from your credit history and in turn help fix your overall credit score.
Read MoreImproving your credit score can have an impact on your rates on auto loans, car and home insurance, promotions, and so much more. Keep reading to help understand how to fix your credit scores.
Read MoreLoans and other borrowing products are subject to statutes of limitations.
Read MoreCredit repair or credit restoration is a process you can use to improve your credit rating.
Read MoreCredit scores are measured by the Fair Isaac Corporation (FICO) scoring model.
Read MoreThe new debt collection laws of 2022 are an essential development in the world of debt collection. These new rules are designed to protect consumers from unfair practices, and they have already significantly impacted how businesses collect debts.
Read MoreUnderstanding your credit can be complicated. As you start to establish your life, you will find that good credit is incredibly important when it comes to getting loans, purchasing a house, and many other financial situations.
Read MoreThere are many reasons why you may have unpaid bills, and you do not need to feel ashamed
Read MoreWhen we have issues that negatively affect our credit scores, it can be debilitating.
Read MoreA payday loan is a tool that can help you when you find yourself in a financial pinch.
Read MoreWhether it is an item incorrectly labeled as a missed payment or a one-time late payment, it is possible to get a negative credit mark deleted from your credit history.
Read MoreAlthough the internal revenue service (IRS) doesn’t directly report your debt to credit bureaus, it works with private debt collectors who may add your delinquent account to their collection accounts.
Read MoreGetting collection stains out of your credit score isn’t easy, especially if you have defaulted on your debts for a long time.
Read MoreYour loan can be denied even after you’ve been pre-approved. While this may seem unfair, it’s understandable, because the loan must undergo the underwriting process before it’s fully approved and confirmed.
Read MoreDynamic Recovery Solutions is a debt collection agency that buys debts from creditors who have given up on pursuing their payments and debts from their borrowers or customers.
Read MoreSpeedy cash collections are the techniques used by businesses to collect payments from their customers for the goods supplied or services rendered.
Read MoreIn 1978, in response to what many people saw as unfair debt collection practices, Congress passed the Fair Debt Collection Practices Act (FDCPA).
Read MoreBefore applying for a loan of any kind, whether it's an auto loan, a mortgage, or a credit card, it’s always a good idea to obtain a copy of your credit report.
Read MoreAnyone who has ever forgotten to pay a bill or dealt with an error in the accounting department of a company has probably, at one time or another, gotten a call from a debt collector.
Read MoreYour credit report contains a record of all open credit accounts you may have, including car loans, mortgages, and credit cards.
Read MoreThe world of debt collection in Florida, and the United States in general, is somewhat opaque. In the U.S., thousands of companies label themselves as debt collectors
Read MoreIt's 9:00 pm and you just got home from work, your phone starts ringing with a number from your area code, you answer it and it is a Debt Collector. Is that even legal? Keep reading to help simplify some of the legal jargon assoicated with federal and state debt collection laws in Illinois.
Read MoreFDCPA, have you heard of it? The Fair Debt Collection Practices Act was created to make the process of dealing with debt collectors a little less of a nightmare. What all can they do and what can't they do? Did you know you can even get paid restitution if they break this federal law? Keep reading to shed some light on navigating through right and wrong of the FDCPA.
Read MoreThere is so much mixed information on the internet today regarding disputing items on your credit. What really works and what doesn't? Let us help help make the subject a little less confusing.
Read MoreWho is Enhanced Recovery Comapny (ERC), why are they on your credit report, and how do you deal with that moving forward? Collection accounts like ERC can be a nightmare when it comes to your credit and knowing where to being can be tasking. Let us answer your questions and give you some guidance.
Read MoreCalls from a debt collector can be intimidating, but as long as you keep calm, remember your rights, and know what to say (and what not to say!),you can navigate through your hardship like a pro.
Read MoreNo one ever wants to be in debt. Even more so, nobody hopes to be chased down by debt collectors employing tactics that are unfair, abusive, or fraudulent. To ensure you’re always protected, you must be aware of your rights under Florida’s debt collection laws.
Read MoreIn today’s real estate market, it is easier than ever for people to get preapproved mortgage financing.
Read MoreAlmost everyone needs a good credit history. It is especially important when you finally decide to purchase a vehicle or acquire a home.
Read MoreCredit cards can give people access to money they can spend, but don’t really have. They provide an available balance (the credit) that has to be paid back to the lending agency at a certain point in time and usually at a considerable interest rate.
Read MoreA poor credit score is one of the primary reasons why people can’t secure financing or get a conventional loan.
Read MoreCredit unions provide information about their customers to credit bureaus every month. Navy Federal Credit Union is a lender that follows this practice and generally sends information every four to six weeks.
Read MoreChecking accounts are handy and a very common type of account for most people. If you need or want to close a checking account for any reason, you may be concerned that this will impact your credit score.
Read MoreWhen getting a car loan, many people want to know which credit bureau is most used by lenders for this type of purchase. To start, the three main credit bureaus are Equifax, Experian, and TransUnion–each of these agencies keeps track of your credit history and score.
Read MoreThere are a lot of myths about credit, including the one that you can only build your credit history by using a credit card–this simply is not true. Using a debit card can also help you build your credit history.
Read MoreIf you've ever been delinquent on a debt, there's a good chance it will eventually end up with a collection agency, and if it does, you'll want to know which one is after you.
Read MoreYour credit score is one of the most important numbers in your life. It can affect your ability to get a loan, rent an apartment, and even get a job.
Read MoreUnderstanding how credit reports work isn’t easy. In fact, you’d be surprised to learn that even the person filing your loan paperwork at the bank probably has little idea how your score is tabulated.
Read MoreIf you’ve ever applied for a credit card or bank account, a financial institution has almost certainly asked for your social security number.
Read MoreGoing through a bankruptcy is an extremely difficult process. Maybe it starts with losing a job or having your wages reduced; next comes the realization that you have to choose
Read MoreThe world of credit card debt is a tricky thing that’s difficult to fully understand. The fine print on most accounts is long enough to wrap yourself up like a Christmas present. By choosing which cards you pay off first, you could potentially save yourself thousands of dollars and positively affect your credit score.
Read MoreEveryone has forgotten to pay a bill at least once in their life. Typically, you’re sent a letter telling you that you now owe the original amount plus interest and late charges, but what if the letter never arrived because you moved to a new city or forgot to change your address?
Read MoreBeing foreclosed on is one of the most terrible things that can happen to a person–losing one's home is a devastating loss.
Read MoreSadly, American schools have traditionally placed very little focus on financial literacy.
Read MoreMany people often wonder how taking out a student loan will influence their credit standing.
Read MoreUnless you’re independently wealthy, you’ll have to use credit now and again to make purchases
Read MoreWhether it’s on friendly terms or not, divorce is stressful and can take a considerable toll on your finances.
Read MoreMany people may not realize that when you take out a loan, it's very important to pay attention not only to the interest rate, but also to how fast the loan will be repaid.
Read MoreMoving to Austin and need a place to live?
Read MoreWhen comparing the major credit scoring models against each other, it may seem to be a case of “out with the old, in with the new.”
Read MoreAccounts you don't recognize on your credit report? You may be a victim of Identity Theft. Will a Security Freeze help? Keep reading to find out more.
Read MoreMidland, AdAstra, NCO, LVNV...what do all of these have in common? They are all collection agencies. What constitutes as a collection agency? Keep reading to help navigate through the ins and outs of what makes a collection company a collection company.
Read MoreDid you know that the credit repositories are private entities? What does that mean? Think of them like Nike and Under Armour; while there are definite similarities they are profound difference as well. Keep reading to get the deets on how TransUnion and Equifax are similar and differ.
Read MoreAlmost everyone needs a car in their daily lives, whether to take them to work or to drive their kids to school.
Read MoreA good credit score shows a person’s creditworthiness, which offers scope for lower interest rates while applying for a loan
Read MoreIf you are familiar with the real estate market, you most likely know that as a home buyer, you need to pre-qualify or be pre-approved for a mortgage before purchasing a property
Read MoreIf you happen to receive a call from Transworld Systems or find it in your voicemail or credit report, it should cause a bit of concern.
Read MoreIn most cases, anyone with credit report delinquencies will, in one way or another, look for a way to improve their credit scores quickly.
Read MoreMidland Funding is one of the biggest buyers of unpaid debt in the United States.
Read MoreThe fact is that no one likes getting a call from someone that says you failed to make payment and are now in debt collection.
Read MoreKnowing this bit of information will also help you when you are trying to understandwhat hard inquiries are.
Read MoreA hard inquiry, sometimes referred to as a hard pull, is done when you apply for a new line of credit, such as a loan or credit.
Read MoreAd Astra is a certified debt collection agency that has been in operation since 2007, with headquarters in Wichita, Kansas.
Read MoreUnfortunately, many people associate credit repair as a desperate and unethical financial maneuver.
Read MoreEven though you wouldn’t expect errors on your credit reports, they happen.
Read MoreIf you want to repair your credit score, you'll probably hire a credit repair company to communicate with credit bureaus on your behalf.
Read MoreCredit repair software is one of the ways to rectify errors in your credit reports.
Read MoreMost people believe that the earlier you can pay off a debt, the better it will be for you in the future.
Read MoreIf you have a lot of credit cards, it can have a negative impact on your personal credit rating.
Read MoreHaving a good credit score gives you access to many things–you can get a new car, buy your dream home, get a great loan to start a business, or get a competitive insurance premium
Read MoreCredit repair, when done by a reputable, legitimate credit repair company, is well worth the investment, especially when considering how much money you’ll save on loan and credit card interest once your credit score rises.
Read MoreThere are many factors that can play a role in legal costs when a lawyer negotiates with creditors on your behalf.
Read MoreKnowing how long it may take to repair your credit is crucial.
Read MoreIf you’ve leased a car and are no longer able to afford your vehicle, your car will be declared as default and the lender will seize the property.
Read MoreFor most young people, student loans are simply unavoidable. Currently, there is over $1.5 trillion in outstanding student loan debt in the U.S.
Read MoreWhen you are behind on your bills, one of the biggest decisions you have to make is whether or not to pay collections.
Read MoreLocking your credit report is one way to help protect your identity and keep your personal information safe, but is it the best way, and does it really work?
Read MoreDeclaring bankruptcy is one of the toughest things a person can go through, and can affect and remain on a person's credit report for years.
Read MoreGetting your credit repaired is a complex process that requires several strategies working together to raise your overall credit worthiness.
Read MoreBalance transfers are consolidation strategies that can be helpful when you want to pay off high-interest debts, such as credit card balances.
Read MoreHaving a bad credit score can impact many important financial decisions in your life
Read MoreEveryone has, at some point in their lives, completely forgotten that a bill was due and missed a payment.
Read MoreCredit card consumers can negotiate credit card debt if their credit card companies are willing to work with them.
Read MoreHaving a good credit score is a goal for many of us, often because of how much it can influence financial decisions that impact our lives.
Read MoreHaving a good credit score is more important than most people think, because of the impact it has on our lives.
Read MoreWhile Doc Brown and Marty McFly may have had a time machine to go back and fix mistakes in the past, you and I don’t have that luxury.
Read MoreGood credit is a goal for most people, often because your credit scores and reports significantly influence your financial d
Read MoreOften, switching banks won’t hurt your credit score, which is fantastic. If you want to pay fewer fees or better rates on savings, you may consider switching banks.
Read MoreWhen someone approaches a bank asking for a loan, the first thing that will happen is the bank will examine the applicant's credit report and score.
Read MoreFirst, it’s important to understand what credit repair really is and how long it will last.
Read MoreWhen anyone is seeking a loan, the first step in the process is getting their credit report. This can be a stressful process even for people who have excellent credit, so what happens if the credit report comes back with a poor credit score?
Read MoreA credit score is a number that serves as an estimate of an individual’s credit worthiness based on an analysis of a credit report.
Read MoreA credit report should be an accurate summary of your financial history. However, errors happen more frequently than you think–whether it’s credit accounts that don’t belong to you or outdated negative information still being reported, incorrect items can lower your credit score.
Read MoreWhether you were billed the wrong amount for something you bought or charged for a product you didn’t purchase, credit card disputes arise when a cardholder disagrees with a charge on their credit card bill.
Read MoreBelow are details and explanations about some of the common terms you need to understand in order to make informed decisions–we’ll also determine if there is a difference between credit repair and credit restoration.
Read MoreIf you’re seeking credit repair services and you find a company or individual that offers to sweep your credit of all negative items, you should run the other direction.
Read MoreWhen you search for credit repair companies in Houston, Texas, a lot of options will appear on your screen, including companies offering services from credit repair, credit restoration, and credit building to credit counseling services.
Read MoreHaving your credit report examined is about as much fun as having a root canal—every single detail of every financial account you’ve had in the last ten or fifteen years is likely to be there. Many people who apply for loans are turned down due to a poor credit history, which includes things like missed payments or accounts in collections. Some may not be aware that the reason they have a low credit score is that there are inaccuracies on their report.
Read MoreWith many people rushing to make large purchases on homes and autos before interest rates rise any further, credit repair requests are rising, as well.
Read MoreThere's an age-old adage that goes something like this: “If it sounds too good to be true, it probably is.” This is a great motto to follow when looking for a quality credit counselor.
Read MoreNo, a credit repair company cannot hurt your credit. A credit repair company's job is to assist you in navigating the bureaucracy that operates behind the scenes of the financial and credit reporting industry.
Read MoreLet’s calm your fears right away–yes, real credit repair specialists are legit! However, when shopping for someone to help guide you through the process, it is definitely important to select the right company, as fraudulent companies do exist, just as with any profession.
Read MoreWhen talking about the savings on a thirty-year mortgage at $200,000, getting your credit repaired can save you more than $43,000 over the life of the loan, just by lowering your interest rate by 1%.
Read MoreYour credit score greatly affects how much you can borrow and the interest rate a lender charges you.
Read MoreLenders refer to your credit score to determine your creditworthiness–how banks determine your credit score is by receiving information from credit reporting bureaus.
Read MoreA credit score ranges from 300 to 850 and is used by lenders to identify the likelihood of a borrower paying their debt obligations. Scores closer to 850 mean that the borrower has a history of settling their debts on time.
Read MoreThe information on a credit report can significantly impact your next credit card or loan application.
Read MoreA repossession is a negative mark on your credit report that shows that a debt or creditor collector seized your asset. If you miss several payments on a loan, your lender will sell the asset to pay for your overdue payments.
Read MoreAccording to the U.S. Fair Credit Reporting Act (FCRA), if you file a credit dispute to rectify what you feel is an inaccuracy in your credit report, the investigation process should take thirty to forty-five days.
Read MoreToday’s economy runs on credit. Your credit score carries a lot of weight and impacts your ability to get a credit card or loan.
Read MoreYou may want to close your credit card for any number of reasons, such as wanting to upgrade to a better card, being tired of paying an annual fee, or no longer needing the account.
Read MoreCredit repair is vital in certain circumstances. Your three-digit credit scores are used by mortgage, auto, and personal lenders to decide if you’re financially stable enough to qualify for a loan or not.
Read MoreCredit scores are highly influential in the financial decisions we make in our lives–a bad credit score makes it difficult to get a loan, a credit card, insurance, or property.
Read MoreAlthough settling a debt clears away the burden of overdue unpaid bills, it can be bad for your credit score. While it brings your account’s balance back to zero, your credit report will show it was settled for less than the total amount owed or agreed upon, which would prompt a negative mark.
Read MoreMost of us want a good credit score, and information on credit reports and credit scores have a significant impact on our financial health and prospects that influence our daily lives.
Read MoreA person’s credit can significantly affect his or her major financial decisions–having good credit makes it easier to get loans, enjoy lower interests, and work on better terms. But financial challenges can take a toll on one’s credit score. If you are wondering how to rebuild credit and how to improve your score, you are in the right place.
Read MoreOne of the essential things you learn quickly over time is that your credit score plays a vital role in your creditworthiness. Your chances of applying for a loan, getting a new apartment, car, and even working for some
Read MoreTypical scenario if a family/friend asks you for a loan; however, have you ever been asked to co-sign for a loan? It raises many questions that need to be resolved if you intend to follow through with it, or not.
Read MoreYour credit information and income play a huge role in being creditworthy and getting what you want. With an impressive credit score and an excellent income to boot, you can apply for a mortgage, get a car, open new credit card
Read MoreYour driver’s license gives you the privilege of driving out on the road. Whether that’s going to and from school or work or over to your friends for a movie night, a license gets you halfway there. You’ll need a car to literally take
Read MoreThere are many things that credit repair companies claim to be able to help you with. How many times have you come across an ad or website claiming that a company can help you with a million different things like collections, charge-offs, late-pays, judgments, tax liens, bankruptcy, foreclosures, student loans, and more?
Read MoreHaving your credit limit reduced is common and can even happen if you’ve been good with credit and made all your payments on time. When a creditor lowers your credit limit, it can negatively impact your credit score. However, you need to know that there are things you can do when this happens to minimize the damage to your credit and to fix the problem.
Read MoreEstablishing an excellent credit score seems to be a challenge these days. Maintaining a good credit score seems like an achievement with several economic changes coupled with governmental policies. If you're facing
Read MoreSaving money isn’t as hard as you might think. These ten life hacks will make saving money just as easy as tying your shoes. Just making small lifestyle changes can snowball into saving hundreds, or even thousands of dollars each year. Wouldn’t you want that extra money in your bank account? Read on to learn about ten life hacks that’ll save some extra dough.
Read MoreYes, getting a judgment removed from your credit report is possible if you take proper measures–unfortunately, many people assume credit bureaus can’t remove civil judgments from their credit reports because they involve the legal system.
Read MoreUnlike many other forms of debt, defaulting on your auto loan often puts you at risk of repossession. When faced with repossession, many people start to panic. The idea of losing your vehicle and subsequently ruining
Read MoreWhether you’re applying for a loan or an apartment, at some point, the state of your credit will likely matter. Before entering into a monetary arrangement with a customer, a lot of businesses and business owners will check your credit.
Read MoreHard times do happen. With constant economic changes, we see people finding it difficult to pay bills, running into debts. And if you’re in debt, searching for a concrete solution to get out quicker lingers on your mind. In your search for a solution,
Read MoreWhether you're just learning the basics of cultivating your credit score or are a credit health expert, you've likely heard of the three credit bureaus: Equifax, Transunion, and Experian. If you're looking to improve your
Read MoreMost everyone who has ever had bad credit has sought for improvement tips to remedy their situation. Why? A poor credit report caused by erroneously input items poses a lot of damage and places you in a bad light. The current state of your credit history
Read MoreRaising your credit score can sometimes be a long, slowly evolving process. But it doesn’t always have to be. With a little knowledge and focus you can pinpoint the areas of your credit that need the most work, and begin the process of boosting your credit.
Read MoreMost people aren’t keen on checking their credit reports. Oftentimes, the rationale behind this is somewhere between the lines of “I feel like checking it will impact my credit score.” However, when you check your credit report
Read MoreThere are many intricate details that make up your overall credit score. This includes the amount of new credit that you receive, the amount you currently owe, and your payment history. But, another factor that goes into your overall credit score is the number of times that it’s checked by specific institutions. Credit checks are put into two categories: hard inquiries and soft inquiries. It’s important to know how each type of inquiry affects your credit so you can have more control over your credit score as a whole.
Read MoreAccording to Experian, it’s estimated that 30% of Americans have poor credit, bad credit, or no credit at all. When speaking of credit scores, most reporting agencies use a model that scales credit from 300 to 850, and the cutoff for what’s considered to be bad credit is anything below 499.
Read MoreMany people are using the recent economic events to try to get their credit score in better shape. This means pulling your credit reports, learning how to read them, then figuring out how to resolve problem accounts. But what if
Read MoreIt is true, most of us have debt; some tend to accumulate a lot more debt than the average person. Often these same individuals may find themselves needing to file for bankruptcy to be able to get the head above water with their
Read MoreThinking about becoming a first-time homebuyer in Dallas? Congratulations! The decision to buy your first home is both exciting and overwhelming, especially when you start thinking about the financial impact it’s going to have on your life.
Read MoreIf you’re in the market for a home loan, you will want to take a look at your credit score first, before starting the homebuying process. Since the housing mortgage crisis of 2008, practices have become much stricter when determining who qualifies for a loan, the amount they are willing to loan, and at what percentage rate.
Read MoreBefore plastic credit cards were invented, the concept of credit was around for centuries. With today’s modern society and technological advancements, credit cards have come a long way.
Read MoreKnowing your credit score is a key step in determining where you sit financially when it comes time to apply for any type of credit. Having your own report on how lenders view your credit worthiness can help you take appropriate measures, if needed, to improve your credit. Improving your credit in key areas will make you the most attractive loan candidate you can possibly be.
Read MoreGC Services is notoriously known throughout the debt-collection industry. They’re arguably one of the biggest collection agencies in the world. They’re often the mouthpiece or middleman for companies in many different industries such as retail, traffic, and automotive.
Read MoreHeadquartered in Atlanta, Georgia, National Credit Systems is a third-party collection agency that operates independently. Initially founded in 1991, the agency specializes in recovering money for apartment owners and managers that is owed to them by consumers who have failed to fulfill their lease obligations.
Read MoreIt’s a new decade, and you have the gigantic goal to purchase your first home by the end of the year. But you worry about your credit score. What if you can’t get a reasonable interest rate for a home loan? Is it really possible to purchase a new home this year?
Read MoreA good credit score depicts a person’s creditworthiness, and this will give you a chance for lower interest rates when you apply for a loan. If your credit score is not where you want it to be, there are many ways that you can do to improve your score.
Read MoreIt’s important to realize how important credit is before you can work on increasing your score as much as possible. To learn more about how credit impacts your wallet, read on.
Read MoreLosing a job is difficult in the best of times. When the economy is down, however, the impact of job loss is felt even more. When you pair this with the fact that finances will need to be adjusted and your credit score could be damaged if you can’t pay, job loss becomes downright terrifying. Let’s take a look at how unemployment can impact your credit score and what you can do about it.
Read MoreLearning the lingo of the credit world is an important part of keeping yours intact. One of the terms that you should be aware of is “charge-off.” This may seem like a complicated term at first glance, but the true definition of it is quite simple.
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