Making Finance Easy

In the United States, credit worthiness affects all major aspects of your financial life. Whether you want to mortgage a house, get a loan on a car, or even simple things such as apply for credit cards, a higher credit score lowers the interest rates as well as improves your acceptance chance from creditors. Fun fact : The total amount paid between 600 and 740 when it comes to obtaining a mortgage loan could differentiate hundreds of thousands of dollars in interest paid.
Because your credit record will influence your qualification for credit in the future, and could possibly affect rates for your current credit lines. Accordingly, if your credit report is incorrect, the reparation of the credit file will help improve your chances. A good credit score helps you obtain low interest rates and long term loans, like home loans or car loans. Lenders may charge high interest rates or impose undesirable repayment plans for you. Given the stakes and the consequences involved, it is clearly to your advantage to work toward recovering from a bad credit rating.

Yes this is necessary, as our dispute software is compatible with Smart Credit. This will ensure that all your information on your credit report is correctly stated so we know what or not to dispute if we do need to send in a second round of letters.

When negative information is deleted from your credit report, you probably won’t see an increase immediately. However, you almost certainly will see an improvement fairly quickly if deleting the negative information is the only change. There are two things that influence credit scores when information is deleted from your credit history. The obvious one is that negative information is removed. That is the positive. The less obvious issue is stability. Credit scores not only weigh the information in your credit report at a certain moment, they also consider your credit behavior over time. A stable account history showing consistent, positive behavior is important to credit scores. By deleting negative information, a degree of instability has been introduced that the credit scoring system cannot immediately account for as a positive change. Initially, the deleted information and the instability cancel each other out, resulting in little or no change in your credit score. Sometimes there may even be a slight decrease in the score. But, after the next payment period or two, your credit history will appear stable again, and deletion of the negative information should result in a positive change to the credit score. You will also see an improvement as well if you follow the action plan utilization ratio. We create this because its a proven system which many Credit Service company's overlook.

Most of the time they will but sometimes they don't and it will negatively affect your credit score. We've seen items such as: bankruptcies, liens, collections and repossessions that should have been removed on a specific date and the credit reporting agencies neglected to have them removed. But we are very persistent and don't stop til the job is done.