Credit Tips

Very commonly, people with “mediocre” credit scores will not think that they need credit repair because their scores are still high enough to allow them to qualify for home loans, car loans, credit cards, and department store cards.   By “mediocre” we mean average scores in the range of 670-720.  These certainly are not “bad” scores,…

In the past year, tens of millions of people have lost jobs and suffered financial hardships as a result of economic shutdowns during the pandemic. Concurrently, and not surprisingly, the credit scores of millions of Americans have also plummeted. In response to this volatility, creditors have developed a new method of predicting how likely a…

Let’s be honest. Sometimes you have to do what you have to do. Filing a bankruptcy may not be a “Feel Good” moment for you. However, sometimes you have to make a business decision regarding your finances.  There is no way to underestimate the impact bankruptcy has on your credit. It is one of the…

Did you know that at least 25% of all credit reports contain errors? A recent NBC News report revealed that 1 out of every 4 people has at least one error and the actual number could be much higher as many errors go undetected and unreported.  Most people don’t find out about the errors until…

This is EXTREMELY important for anyone who is needing to increase their credit scores. 30% of your score depends on you have a minimum of 3-5 revolving lines of credit (credit cards). Too often, we come across people who mistakenly think that they are doing the financially smart thing by not using credit cards at…

Typically, when we talk about credit repair, the scenario people will picture is someone with REALLY bad credit getting help to improve their scores.  Yes, this is a situation that we tackle each and every day.  We’ve taken thousands of clients and brought their scores up from the “basement” into the “penthouse”. However, there is…

Did you know that there are an arsenal of laws that protect consumers? Here is a partial list that we use to strategically dispute unethical, erroneous, untimely, and unverifiable information that could end up on your credit report. 1. The Equal Opportunity Act Ensures all consumers are given an equal chance to obtain credit. Lenders…

Every day we receive phone calls from consumers across the nation who are in sheer panic mode.  In many cases, they have been alerted that their personal information has been compromised.  Fixing this issue is MUCH more difficult than simply preventing it from happening in the first place.  So with that in mind, we have…

You may have heard us mention this before, but we wanted to provide you with a bit more information. A new credit scoring model is here!  It allows consumers to have banking information included in their credit scoring.  Here’s how it works… Under this new model, consumers are offered the opportunity to improve their scores…

We always advise our clients (and pretty much everyone we talk to) that having strong credit scores will require you to have some credit cards/revolving credit.  We recommend that consumers have 3-5 of these revolving lines.  When someone has lower or “challenged” scores, it’s important to consider obtaining these essential revolving lines of credit.   We…