How long can it take to remove items?
Well, each client’s individual credit report is different so each timeline will be different as well.
Lexington Law says:
Statistically, our participating clients have seen an average of 8.7 deletions (or 25.7% of their presenting negatives) from their combined credit reports by month 3, and 28.6 deletions (or 84.7% of their presenting negatives) by month 12.
Can you imagine what 28 deletions would look like for your credit score? That’s a HUGE difference! It’s definitely the difference between getting into a house or not and even more, how many of your other bills could you renegotiate a lower interest rate on if you had a higher credit score, think about that.
Still with me…ok, one more.
Can you repair your own credit?
Yes, you can. But the bigger question is do you want to? You have the legal right to fight the credit agencies yourself. Think of it like this…you have the same right to represent yourself in court, but would you want to?
Most clients choose to have a credit repair company represent them simply because of the company’s knowledge and experience in dealing with the credit bureaus. Specifically, Lexington Law consists of paralegal attorneys that fight your credit for you. So just like having a lawyer represent you in court…you have a lawyer representing you in your fight with credit.
Lexington Law says:
Another factor to consider is the amount of time and follow-up required to coordinate disputes with all three credit reporting agencies and the creditors appearing on your credit report. Lexington Law has systematized the disputation of questionable credit through a trained staff of lawyers, paralegals and legal assistants, all using state of the art technology.
Ok, so hopefully that answered some questions that you may have about credit repair. I have tried to address the main questions that I get from my clients. I know that I can’t put them all down in this email, so if you have any specific questions, feel free to email them over to me. I will do my best to answer them right away.
Lexington Law Information:
https://www.lexingtonlaw.com/SecureSignUp/?tid=662.0.10608
Showing posts with label credit repair. Show all posts
Showing posts with label credit repair. Show all posts
Thursday, July 17, 2008
Friday, March 7, 2008
How does your credit look?
(I know, I know…I wasn’t able to send this out yesterday like I was supposed to. Life took over and I got extremely busy, for this I apologize :)
Last month I talked about credit repair for a few weeks. I know that some of you really took to heart with what I was saying and ultimately took action. For some, after looking at their credit report, it was basically what they expected and for others they were shocked!
Remember what I said a few weeks back…”Did you know that 79% of Credit Reports contain errors?” That means about 8 out of every 10 people that receive this email will have errors on their credit report! Think it could be you? There’s a good chance it is!
The first step to find out what your credit looks like is to have it pulled. Don’t be so afraid of this, you can accomplish this step and its necessary to brave it out before you can address the problems.
Once you’ve gotten over the mental road block of not wanting to pull your credit, maybe you say, “Well, I can just pull my report for free online”. That’s absolutely true…and I would recommend you do that once per year, but just as a refresher. Sometimes once is not good enough, especially when you are trying to get your credit in line to do something big in the future. Purchasing a home, a car, or anything that you plan on financing; your credit will have a huge impact on.
Last month I talked about credit repair for a few weeks. I know that some of you really took to heart with what I was saying and ultimately took action. For some, after looking at their credit report, it was basically what they expected and for others they were shocked!
Remember what I said a few weeks back…”Did you know that 79% of Credit Reports contain errors?” That means about 8 out of every 10 people that receive this email will have errors on their credit report! Think it could be you? There’s a good chance it is!
The first step to find out what your credit looks like is to have it pulled. Don’t be so afraid of this, you can accomplish this step and its necessary to brave it out before you can address the problems.
Once you’ve gotten over the mental road block of not wanting to pull your credit, maybe you say, “Well, I can just pull my report for free online”. That’s absolutely true…and I would recommend you do that once per year, but just as a refresher. Sometimes once is not good enough, especially when you are trying to get your credit in line to do something big in the future. Purchasing a home, a car, or anything that you plan on financing; your credit will have a huge impact on.
Even if you don’t plan on financing anything in the near future, you still have to qualify for landlord credit checks, or even for employment; they are checking credit more and more. Unfortunately, whether you like it or not…life can revolves around credit and for some that’s their best way of determining what type of person you are. That could be scary for some of you.
In addition to this you want to make sure that the information you are looking at is also the most accurate. Sometimes the free credit reports are, well…free, so the information is not the most up-to-date. So you should have your report pulled by a mortgage specialist. We have access to the most up-to-date credit reporting software that will make sure your report is 100% current (this doesn’t mean accurate…that’s why were checking it).
From there we can analyze your report and recommend a credit repair option…if it’s even needed. Who knows, you may not even need credit repair like you thought. However, if you do…here’s what I recommend (and don’t worry, I will help you determine if you need this or not)…
- Go to www.CreditandFinancialWellness.com and click on Credit Repair.
- Read through the brief information on Lexington Law, our approved and reputable Credit Repair Company that has attorney’s fighting for your credit.
- Click on the “Sign Up” button, enter in the Lexington ID Code and fill out your information.
Congratulations! You are now on the fast track to improving your credit and your overall financial picture!
If you have any questions please let me know. I will be more than happy to help.
Dedicated to Your Financial Success!
Kenton Becker
kentonb@empireoptions.com
Managing Partner / Lakemont Mortgage Specialist
License # 510-LO-36929
http://www.empireoptions.com/
Thursday, January 31, 2008
Have you signed up for the Credit Repair Yet?
If you have signed up, disregard this email or let me know how your experience has been, I would like to have a testimonial to add to the others.
If you haven’t signed up, what’s holding you back? It can’t be the cost, last week I explained how much it will cost you to live with bad credit. It’s a great amount more than the cost to fix your credit.
It can’t be that you don’t believe you have bad credit. Did you know that 79% of credit reports have false information on them? This can be caused by Identity Theft, or just the credit bureaus putting false information on there…it happens all the time.
Hmmm, maybe it’s because you don’t feel that you have the time for credit repair. Well, I couldn’t agree with you more, I don’t know very many people that do have the time to repair their credit. That’s the best part about our program, it doesn’t take any time. All you have to do is pick the items you want disputed and their off to the races. When you receive your letters back from the bureaus you just send them into your team of paralegals and presto! That’s it. If the process needs to be started over again, they do it for you. It’s really that simple!
You know what I think it is. I think that you’re saying to yourself, “Self, I know that everyone says you can repair your credit, but my credit is way too bad to fix…” I want to give you some statistics that may change your mind. Keep in mind that these numbers are only from October 2007 – December 2007!
So if you think that it’s impossible to get the things removed off of “YOUR” credit, you’re wrong. This list just shows you that it doesn’t matter what your credit has on it. IT CAN BE REMOVED!
So sign up today to get your credit on the right track towards financing success. Here’s how.
1. Go to www.CreditandFinancialWellness.com and click on Credit Repair.
2. Read through the brief information on Lexington Law, our approved and reputable Credit Repair Company that has attorney’s fighting for your credit.
3. Click on the “Sign Up” button, enter in the Lexington ID Code #10608 and fill out your information.
That’s it! From there just sit back and watch the items fall off, it’s a blast to see!
Dedicated to your Financing Success!
Kenton Becker
kentonb@empireoptions.com
Managing Partner / Lakemont Mortgage Specialist
License # 510-LO-36929
http://www.empireoptions.com/
If you haven’t signed up, what’s holding you back? It can’t be the cost, last week I explained how much it will cost you to live with bad credit. It’s a great amount more than the cost to fix your credit.
It can’t be that you don’t believe you have bad credit. Did you know that 79% of credit reports have false information on them? This can be caused by Identity Theft, or just the credit bureaus putting false information on there…it happens all the time.
Hmmm, maybe it’s because you don’t feel that you have the time for credit repair. Well, I couldn’t agree with you more, I don’t know very many people that do have the time to repair their credit. That’s the best part about our program, it doesn’t take any time. All you have to do is pick the items you want disputed and their off to the races. When you receive your letters back from the bureaus you just send them into your team of paralegals and presto! That’s it. If the process needs to be started over again, they do it for you. It’s really that simple!
You know what I think it is. I think that you’re saying to yourself, “Self, I know that everyone says you can repair your credit, but my credit is way too bad to fix…” I want to give you some statistics that may change your mind. Keep in mind that these numbers are only from October 2007 – December 2007!
So if you think that it’s impossible to get the things removed off of “YOUR” credit, you’re wrong. This list just shows you that it doesn’t matter what your credit has on it. IT CAN BE REMOVED!
So sign up today to get your credit on the right track towards financing success. Here’s how.
1. Go to www.CreditandFinancialWellness.com and click on Credit Repair.
2. Read through the brief information on Lexington Law, our approved and reputable Credit Repair Company that has attorney’s fighting for your credit.
3. Click on the “Sign Up” button, enter in the Lexington ID Code #10608 and fill out your information.
That’s it! From there just sit back and watch the items fall off, it’s a blast to see!
Dedicated to your Financing Success!
Kenton Becker
kentonb@empireoptions.com
Managing Partner / Lakemont Mortgage Specialist
License # 510-LO-36929
http://www.empireoptions.com/
Thursday, January 10, 2008
“Why Should I Fix My Credit” – Part 1 of 2 Part Series
So for some of my clients the biggest question after they have viewed their credit report is “Why should I spend the time to fix it”? Fixing your credit report or spending the time to improve your scores can be very time consuming and not to mention dealing with all the creditors can be very irritating. However, when everything is said and done it is well worth the time and effort.
In today’s society credit scores are used very often and for many things. Lenders use them to determine your risk associated with offering you credit. It can be used in everything from mortgage loans to auto loans. Some of the areas that are not as commonly noticed but definitely still apply are credit cards, student loans, credit unions, rental applications, employment applications even cell phones and car insurance. If you don’t believe me talk to someone from a cell phone company and let them know you have bad credit.
Sometimes lenders will still offer credit even with a bad report but in each case it will cost you more than you realize to acquire that credit. In the mortgage lending world and for that matter any lending environment, you are given the best terms when you have the best credit. So oppositely you are given the worst terms if you have bad credit. Not only can this affect your ability to get loans but it will also cost you a lot of unintentional money spent because of this.
So now you may be wondering how and why these negative items are reporting on your credit report. Well, even though there are many different forms of negative items, lates, balances, collections, inquiries, length of account history, etc. they all are reported from the same source…your creditor. Usually every 30 – 60 days your creditor or lender will report any new history, whether good or bad, to the reporting agencies. Even if the information is not true…unfortunately it is up to you to fix it. Just as there are many ways that good and bad credit can be reported there are just as many ways that false information can harm your credit report, identity theft is only one example.
It is wise to view your report on a biyearly basis and having a professional walk you through the reporting information can also be very beneficial. There’s a lot of information to look over and it can be very overwhelming to look at, especially if there are lates and erroneous information. I have seen it over and over and over again with clients.
So once you see the different items that are reporting to credit, false or not, there are two areas that you want to focus on fixing. Quite simply they are the items that are not true and the items that are true and are negatively affecting your score.
With the right direction, it can be fairly easy to get false information removed from the report. There are hundreds of articles that can help you with this. The ones that I want to focus on are going to be the items that are true. These can be much more time consuming and difficult. However, I have to add, they may be removed from the report but you still will owe the balance until it’s paid off.
I’m going to leave you hanging…I know, don’t kill the messenger. Next week, I am going to talk about what tools you can uses to get these “true” items taken off your report at a rapid pace. The best part is that in the process this will remove the false information as well. Stay tuned for more info.
Dedicated to your Financial Success,
Kenton Becker
kentonb@empireoptions.com
Managing Partner / Lakemont Mortgage Specialist
License # 510-LO-36929
http://www.empireoptions.com/
In today’s society credit scores are used very often and for many things. Lenders use them to determine your risk associated with offering you credit. It can be used in everything from mortgage loans to auto loans. Some of the areas that are not as commonly noticed but definitely still apply are credit cards, student loans, credit unions, rental applications, employment applications even cell phones and car insurance. If you don’t believe me talk to someone from a cell phone company and let them know you have bad credit.
Sometimes lenders will still offer credit even with a bad report but in each case it will cost you more than you realize to acquire that credit. In the mortgage lending world and for that matter any lending environment, you are given the best terms when you have the best credit. So oppositely you are given the worst terms if you have bad credit. Not only can this affect your ability to get loans but it will also cost you a lot of unintentional money spent because of this.
So now you may be wondering how and why these negative items are reporting on your credit report. Well, even though there are many different forms of negative items, lates, balances, collections, inquiries, length of account history, etc. they all are reported from the same source…your creditor. Usually every 30 – 60 days your creditor or lender will report any new history, whether good or bad, to the reporting agencies. Even if the information is not true…unfortunately it is up to you to fix it. Just as there are many ways that good and bad credit can be reported there are just as many ways that false information can harm your credit report, identity theft is only one example.
It is wise to view your report on a biyearly basis and having a professional walk you through the reporting information can also be very beneficial. There’s a lot of information to look over and it can be very overwhelming to look at, especially if there are lates and erroneous information. I have seen it over and over and over again with clients.
So once you see the different items that are reporting to credit, false or not, there are two areas that you want to focus on fixing. Quite simply they are the items that are not true and the items that are true and are negatively affecting your score.
With the right direction, it can be fairly easy to get false information removed from the report. There are hundreds of articles that can help you with this. The ones that I want to focus on are going to be the items that are true. These can be much more time consuming and difficult. However, I have to add, they may be removed from the report but you still will owe the balance until it’s paid off.
I’m going to leave you hanging…I know, don’t kill the messenger. Next week, I am going to talk about what tools you can uses to get these “true” items taken off your report at a rapid pace. The best part is that in the process this will remove the false information as well. Stay tuned for more info.
Dedicated to your Financial Success,
Kenton Becker
kentonb@empireoptions.com
Managing Partner / Lakemont Mortgage Specialist
License # 510-LO-36929
http://www.empireoptions.com/
Subscribe to:
Posts (Atom)
