Why Is Our Service So Important?
Are you being turned down for home loans, refinancing, automobiles, department store
cards, or even gas cards?
Are you paying a higher interest rate than you should, or has your credit limit
Are you tired and embarrassed by the constant calls from creditors and collection
agencies harassing you?
Have you faced repossession or foreclosure?
In today’s economic climate, a growing number of Americans suffer from negative
ratings in their credit file including delinquent payments, judgments, collections,
foreclosures and bankruptcies. Not only do these items prevent consumers from obtaining
new credit when they need it most, clients may also face additional penalties such
as increased interest rates on credit cards, higher late fees and over-limit fees,
shorter grace periods and lowered credit limits.
Most people with bad credit are not irresponsible, nor are they unwilling to pay
their obligations. In fact, if you’re like most people, you probably maintained
a good credit profile until an unforeseen circumstance like a layoff, medical problem,
or divorce prevented you from making a few payments in a timely manner.
The truth is that most people struggle long and hard to meet their obligations but
the money coming in just doesn't meet the bills going out. If the circumstances
become serious enough, many people have been forced into foreclosure or to file
for bankruptcy protection.
More today than ever before, our increasingly tight credit market demands a high
credit score. Why? Over three quarters of all lenders use credit scores when approving
loans or credit. The importance of your credit score doesn't end there. It's also
used to determine your interest rate, the amount of your down payment and the variety
of mortgage types available to you if you're buying a house, your ability to get
a car loan, the premium on your auto or homeowner's insurance, and even your ability
to get a job. For example, some insurers are using low credit scores as indicators
to identify individuals they believe are more likely to make claims against their
insurance policies. These insurance companies maintain that there is a correlation
between poor credit and filing multiple insurance claims. Last, but not least, if
your credit score is on the low side, you'll pay a higher interest rate on bank
loans and credit cards, and may even see your credit limit decreased.
Recent government surveys indicate that less than a third of Americans have viewed
their credit report within the past year. Many more do not know their current credit
score even though financial experts constantly advise consumers to review their
credit reports for accuracy. A recent survey revealed that nearly 80% of all consumer
credit reports contain serious errors or mistakes of some kind. This prevents millions
of Americans from being able to purchase homes or automobiles, or finance other goods
or services they need. You, very likely, could be one of those people with inaccurate
information. Additionally, many people are paying astronomical interest rates, or
have been denied financing unnecessarily due to low credit scores.
Because your financial health revolves around your credit score, it is important
that the information your credit report contains be as accurate and up-to-date as
possible. Millions of inaccurate items have been removed from consumers' credit reports since the Fair Credit Reporting Act was passed in 1971. Why shouldn't
YOU join them and start saving money right now?
Check Out Our Success Rate!