Changing Lives, One Credit Score at a time!
Answers about credit                                                               

Credit Errors Cost Loans

A U.S. Public Interest Research Group reported, "As many as 79 percent of credit reports may contain an error, and 25 percent of errors lead to a denial of credit." These errors can be easily corrected and we can help!

More complicated issues require proof or documentation and a lot of time. If you don't want to wait 30 to 60 days, our “Rapid Rescore” service can help you get incorrect information updated within 3-5 business days. And, as a bonus, the credit score may increase once the incorrect information is updated.







How are credit scores used?

A credit score is just one of the several factors a company usually uses when  deciding to extend credit, give insurance coverage or provide financial services to you. A variety of other factors will be considered, such as length of employment, income or previous experience with you. Depending on what you are applying for, different companies weigh each of these factors differently. By using a credit score, they can evaluate your application quickly, fairly and consistently.

How can I improve my credit score?

A credit score is a snap shot of the contents of your credit report at the time it was calculated. Long-term, responsible credit behavior is the most effective way to improve future scores. Pay bills on time, lower balances and use credit wisely to improve your score over time. You should also review your credit report to ensure it is accurate.

How do inquires affect my credit score?

When your credit is checked by a business for the purpose of an application a ‘hard inquiry’ appears on your credit report. These inquires can affect your credit score; and typically they have a small impact. Delinquencies, balances owed, and the length of time you have used credit are all more important. Inquires have a greater impact if you have a limited credit history.

How does the Credit score points breakdown?

  • Payment History = 35% of your credit score 

  • Debt Ratio: Balance / Limits = 30% of your credit score

  • Length of credit history = 15% of your credit score

  • Types of credit = 10%

  • Number of Inquires = 10%