Repair Credit Score

Archive for the ‘Credit Repair’ Category

Bonus offer with our free Credit Repair program - Identity Theft insurance protection

On top of giving you your free Credit Repair program, we will provide you with study materials to help you ensure that your Credit Report stays good and your Credit Score stays high in the future.

We also provide you with a $25,000 Identity Theft insurance by AIG (not available for residents of NY). This Identity Theft insurance includes:

• $25,000 for legal defense and other associated costs to get your identity back
• $0 deductible
• professional trained worker assigned to you
• up to $500 per week for 4 weeks for reimbursement for loss of wages
• up to $1000 of computer damage or virus attack repair or replacement

Who pay for the Credit Repair that is free to me?

We do. We are real estate investors helping people get out of bad situations such as foreclosures and bankruptcies. What we do is we will buy your house from you and to help you get situated in your new home, we recognize that you need good credit.

So, we throw in a free Credit Repair package to help you get started. In a few months, you will be able to borrow again and buy a new home. We are the kind of real estate investors that want to help you.

We buy your home at the price that is a win win situation for both of us. If you want to sell your home, we want to buy it. And, in return for selling us your home, we will help you repair your credit using one of the best Credit Repair companies at no cost to you. It's free Credit Repair for you!

Our FREE Credit Repair package is unique. We offer Credit Repair Service for Free. You pay nothing for our free Credit Repair Service.

What free Credit Repair Service do we offer?

We will have your Credit Report repaired by one of the top Credit Repair Service companies. The Credit Repair Service company we will choose to repair your Credit Report and Credit Score will:

• have a registration certificate from the State Consumer Affairs Division
• be currently licensed / bonded / and registered Bureau of Consumer Affairs
• have a 100% Money Back Performance Guarantee (although this will not benefit you since you are getting free Credit Repair Services, it shows that the Credit Repair company we pick is confident that they can repair your credit.)
• have been in business for at least a decade
• provide evidence of how derogatories are deleted from credit reports
• show evidence that they have removed major derogatories in the past such as bankruptcies and foreclosures
• show evidence that major negative items are removed within only a few months
• have tons of happy customers' testimonials
• be committed to working on your Credit Report for 12 months to ensure that the derogatories are deleted from your Credit Report. In another word, they will not be able to delete it temporarily and hand you back your Credit Report that will have the same problem in a few months time.

Question: What's the best and fastest way to increase credit fico scores?

wondering if old charge offs 'fall-off' your Credit Report after 7 years? 10 years? Do any of those Credit Repair Services work? Heard about writing letters to creditors and if they do not respond in 30 days, the item must be erased from report--true?

Answer: Credit history is reported on you FICO for seven years. After that, credit card companies (and mortgage firms, etc) do not have access to that information.

Bankruptcies may last up to 10 years before falling off the grid. (Depends on state law)

As for the best way to improve your FICO:
1. Steady payment history is the best -- pay your current bills on time (do NOT let past bad performance discourage you from not paying your bills now!)

2. Take care of unresolved debts (if you have been contacted by a debt collector, try to work something out with them; otherwise contact the company -- the goal is to have the old debt listed as "paid in full", which is much better than "settled")

3. Make sure that your credit cards are not maxed out (FICO looks at the ratio of open credit to used credit -- too little open credit hurts you)

4. Make sure that you do not have too many lines of credit (if you can pay off and close some credit cards, that is good. As to which ones, it depends on interest rates -- get rid of high interest cards -- and payment history -- keep the cards with the longest GOOD payment history)

5. Yes, there is a time limit in which a creditor must respond to you if you dispute a charge or a debt amount (I can not remember if it is 30 or 60 days, but that should be easily found on the internet)

6. Be careful of debt consolidation services -- most are rip offs. Some are good. Check with the better business bureau.

7. Remember that one payment towards an old debt is a REAFFIRMATION that you are responsible for that debt.

That's all I have. Sorry, not a professional.

Credit Repair - info from the Credit Secrets Bible