Key Credit Fix

reau Experian. These figures come from a breakdown of Experian’s 2015 VantageScore 3.0 data. It’s the newest VantageScore model, which uses a scale of 300 to 850, and even though it scores 30 million to 35 million more consumers than some other scoring models, there are still plenty of people who don’t have credit scores. While Experian estimates 30% of Americans have poor or bad credit, plenty of people have no credit at all, which has similar disadvantages to having low scores. Let me help guide you along the way. You don't have to live with bad credit and high-interest rates. Take advantage of my knowledge, experience, and advanced technology, and we'll help you create a personal game plan to help you repair your credit. We are here for you throughout your credit repair experience. You can always email us with any questions you have. We’ll get back to you promptly so that you can always keep moving forward. Is credit repair worth it? When you compare this to the confidence and assurance of feeling in control of your credit situation and the opportunities that brings, the value of credit repair can seem pretty priceless. Luckily, having experts working to help you tackle your credit issues. It's a pretty great value that may impact a lot of the things you value most. When is a credit score "bad"? Negative items affecting your credit score come in many forms, including:

Overdue bill payments
Maxed out credit cards
Charge-offs and collection accounts
Foreclosures
Identity theft
Excessive third-party inquiries, etc. Each item is equipped with its own level of severity and the power to damage your credit score. Combined, their strength can cripple it. To know whether credit repair is worth it, you just have to look at what your credit impacts. These days, it seems like it's just about everything. When you start realizing how far it goes, it's easy to do a little math. Not having ideal credit can cost you thousands and thousands of dollars over the course of a home or car loan. It can keep you from getting insurance coverage or even a job. It can make even everyday needs and decisions more difficult. Luckily, having the experts working to help you tackle your credit issues costs only $ a month. Because the credit bureaus collect and distribute your personal information, you have the right to check that what they are distributing is in fact correct. By law, you are allowed one copy of your credit report from each of the big three credit bureaus annually. How to Get Your Free Credit Reports
You can obtain your free credit reports by visiting www.annualcreditreport.com. While these reports don't contain your credit score, they do contain the information that goes into creating it. We can give you pointers on how to both obtain and understand your credit reports. Which Credit Score Do Lenders Actually Use? Posted by Bryan Pugh on February 8, 2017
If you’ve ever applied for a car loan, mortgage, or credit card before, then you know that part of the process involves the respective lender checking your credit score. Credit checks are crucial anytime you’re requesting to borrow money, as they help lenders determine whether or not you’re an at-risk consumer. But what you might not know is that there’s more than one credit score that lenders can check to determine your risk. This is large because there are three main credit bureaus that report your credit information – TransUnion, Equifax, and Experian – and each of these bureaus uses different models. So what credit score do lenders actually use? Let’s examine:
The Most Popular Credit Score
According to a report in Fair Isaac, an overwhelming majority – about 90 percent – of the top lenders in the United States use the FICO score to determine consumer risk. But noting this, it’s important to keep certain things in mind when it comes to the FICO score – there are more than 60 different types of it, so one FICO scoring formula may not necessarily come up with the same number as another scoring formula. The report goes on to state that the most popular FICO score used is FICO Score 8. Mortgage lenders typically use FICO Scores 5, 2, and 4 when determining whether or not to approve a loan. Additionally, one type of credit score to keep an eye on moving forward is the VantageScore, a score that was developed by the three main credit bureaus and currently serves as a competitor to FICO. There’s some speculation that VantageScore will continue to gain traction in the future. VANTAGE 3.0 is the latest score from this family of credit scores. What’s the Difference Between Scores? In reality, the scoring formulas are pretty universally similar, but many of the formulas are designed to analyze different things. Typically, the type of lender will depict what type of score – or scores – will be looked at. For instance, an auto lender will want to see data on whether you paid on time and in full when it comes to any past auto loans that were in your name. With that being said, the issue shouldn’t be so much worrying about what credit score a lender is going to check, but whether your credit is in good shape, to begin with. If it’s not, there are a number of credit repair tactics you can enact to get your score where it needs to be, whether you’re looking to get into the range of acceptance on a loan or whether you want to get it into the range that will qualify you for the lowest offered interest rates. Here’s a look at some credit repair tips:
Pay off high-interest debts first. Keep your debt-to-credit ratio at or below 30 percent. Pay all bills on time and in full. Check your credit report at least once a year to ensure its accuracy. Dispute any inaccuracies accordingly.