Getting the facts straight about credit restoration and the credit industry as a whole can be a daunting task. There is a lot of misinformation about credit and many people are under the impression that there is nothing they can do to fix their credit score. We are here to educate you about credit so you won’t be in the same situation again. Our goal is to help you improve your credit score and maintain it. Learning about your credit and how it affects many aspects of your life is the first step towards improving it. To learn more, check out the links below:
Understand Credit Basics
What is Credit?This is a term referring to the action taken to correct the state of a person’s credit. Possible causes for the need for credit repair can include previous poor credit management, finding errors on a credit report, or the detrimental effects of identity fraud.
Basics of CreditCredit is a financial concept involving the access to funds. This can be applied to businesses and individuals alike. These days, it is rare to be self-sufficient. Businesses and individuals buy resources and assets to meet their needs.
Your credit score is determined based on how responsibly you have managed your credit in the past. If you have done a poor job managing your credit, you will have bad credit.
Bad CreditBad Credit is a term usually referring to having a low credit score, meaning having “bad credit”. Credit worthiness is an assessment done by a potential lender for the likelihood that a loan will be repaid as agreed.
Learn About Bad Credit and Credit Repair
What is Credit Repair?This is a term referring to the action taken to correct the state of a person’s credit. Possible causes for the need for credit repair can include previous poor credit management, finding errors on a credit report, or the detrimental effects of identity fraud.
How to Choose the Best Credit RepairA credit score doesn’t seem so scary, yet individuals should be aware of it. Stats show that 20% of people have at least one error on their report, and many not even realize.
Fixing CreditWe all know how important credit scores are and how they can affect us. Your credit score can affect the interest you have to pay on loans and your rates when financing something new.