FREQUENTLY ASKED QUESTIONS!
Welcome to our Frequently Asked Questions (FAQ) section! We understand that navigating the world of credit improvement can be overwhelming, and you may have many questions about the process, your credit report, and how we can help you achieve your financial goals. Here we've compiled a list of the most common inquiries we receive from our clients. Our aim is to provide clear, concise answers to help you better understand credit repair and the steps you can take to improve your credit score. Whether you're just starting your credit journey or looking to enhance your existing credit profile, we hope this section serves as a valuable resource for you. If you have any additional questions or need personalized assistance, please don’t hesitate to reach out to our team. We're here to help!
Credit Improvement
How can I improve my credit score?
We review your credit report, identify issues, and guide you through actionable steps to boost your credit score.
What services do we offer?
We offer credit report analysis, error dispute assistance, and personalized strategies to improve your credit health.
How long does it take to see results?
The time varies, but clients often see improvements within three to six months with our targeted strategies.
1. What is credit repair?
Credit repair is the process of improving a poor credit score by disputing negative marks on your credit report and building a positive credit history. This can often be done independently or with the help of a credit repair company.
2. Can bad credit be corrected or deleted?
Yes, bad credit can be improved. Negative items typically remain on your credit report for 7 to 10 years, but you can dispute inaccuracies or outdated information to potentially have them removed sooner.
3. How long does credit repair take?
The duration of credit repair varies based on your financial situation. If you have many disputable errors, it may take longer, but minimal errors can be resolved in as little as 3 to 6 months.
4. What makes my credit score good or bad?
Your credit score is influenced by factors such as payment history, credit utilization, length of credit history, types of credit accounts, and recent credit inquiries. Positive behaviours include timely payments and low credit card balances.
5. Can I get negative information removed from my credit report if it’s true?
Generally, true negative information cannot be removed, but it will eventually fall off your report after a set period. You can dispute inaccuracies or outdated information.
6. How do I dispute mistakes on my credit report?
To dispute errors, contact the credit bureau and the company that reported the information. Provide documentation and a clear explanation of the mistake.
7. What should I do if I see a mistake on my credit report?
If you find a mistake, dispute it with the credit bureau and the reporting company. You are entitled to a free credit report if an adverse action is taken against you due to information in your report.
8. What are the benefits of hiring a credit repair company?
A credit repair company can help you navigate the dispute process, negotiate with creditors, and provide a structured plan for improving your credit. However, many credit repair tasks can also be done independently.
9. How can I improve my credit score?
You can improve your credit score by paying bills on time, reducing debt, avoiding new debt, and regularly checking your credit report for errors.
10. What is the difference between hard and soft credit inquiries?
Hard inquiries occur when a lender checks your credit for lending purposes and can affect your score. Soft inquiries, like checking your own credit or pre-approved offers, do not impact your score.