Credit Repair Blog

The age of credit history is only one of the 5 factors that influence your credit score. It accounts for up to 15% of your total score, but all every factor matters if you are after your optimum score.

There are many things to consider when receiving these offers. Is the debt really yours? Does the company have the right to collect this money? How will it affect my credit report if I accept? How do I know they will honor the agreement? Please ask us before contacting these companies for a free analysis of the offer.

You are absolutely correct to be cautious of anyone you are sharing sensitive information with. We are registered and regulated by The Department of Justice, Office of The Attorney General. We can also be located on the website of The California Secretary of State website registry.

Sadly, paying off collections or charged off items may actually harm your credit scores. I suggest speaking for free with one of our credit repair specialists who can explain some options, and when/if it is a good idea to pay one or more of these items.

There are currently 28 versions of the FICO score. There are 10 for Experian, and 9 each for Equifax and Transunion. Each version uses all of the information contained on that bureau, but weighs the items differently depending on the purpose of the inquiry.

The Credit Reporting Agencies (Experian, Equifax, and TransUnion) are privately owned businesses which are not dependent on each other for the data which they store or delete.

In most cases, No! Closing revolving lines of credit typically does the opposite. When you close revolving credit lines, you are reducing the available credit percentage from your profile.

Not at all! This is completely false. Debit cards are just like writing checks from your bank account. They do not get reported to the credit reporting agencies unless you somehow overdraft them, and then only negative credit is reported.

The “Free” credit scores that you see advertised on television and online are typically never those that are used in making retail or mortgage credit decisions.

There are time limits for how long negative credit can remain on the report. In reality, there is no “MUST”, and the creditor or the credit bureau can decide to have the negative credit items deleted whenever they please.

Many will ask me to forecast or predict the outcome of their service, or the credit score they might expect. I never make predictions as to outcomes or scores because that would infer that I know the proprietary algorithm of “FICO”.

Credit repair results are not the same for all persons. There is not a way to set a standard time or result outcome for any clients’ service outcome. Even if two people had the identical file, there is a likelihood that both would produce somewhat different results.

The age of credit history is only one of the 5 factors that influence your credit score. It accounts for up to 15% of your total score, but all every factor matters if you are after your optimum score.

Have you ever walked into a car dealership, excited to find your dream car, only to be bombarded with questions and paperwork? One sneaky practice you might encounter is “shotgunning,” where the finance person submits your credit information to multiple lenders at once, hoping to secure an approval quickly.

The age of credit history is only one of the 5 factors that influence your credit score. It accounts for up to 15% of your total score, but all every factor matters if you are after your optimum score.

The obvious most common offender of a credit score is poor credit history. Not all bad credit is the result of purposeful neglect.

FICO® and VantageScore® use proprietary algorithms to produce your credit scores. While there are multiple FICO® score models for each of the 3 bureaus (28 among the three), both FICO® and VantageScore® base your scores on the data currently listed on your credit report on any given day.

There are time limits for how long negative credit can remain on the report. In reality, there is no “MUST”, and the creditor or the credit bureau can decide to have the negative credit items deleted whenever they please.