How long does it take actually to take for the credit repair process? There seems to be no definite answer on the time frame for how long the credit repair process takes. If you google it, you will see there is not a standard amount of time and no straightforward answer. Unfortunately what happens most […]
Category Archives: Credit Repair Blogs
11
Apr
Apr
Here at Credit Law Center we run into many clients that may have not established credit or they are in a position to where they are need to recover from bad credit. They need to establish open lines of credit to help improve their scores. Talk about being stuck between a rock and a hard […]
06
Apr
Apr
When looking at a credit report, many folks will see collections and charge offs. What’s the difference? Simply put, a Charge Off is a term a lender will use when the consumer has not made the contractually agreed payments. The lender has tried repeatedly to contact the consumer for re-payment with no response. So, the […]
Building Credit, Credit Cards, Credit Repair Blogs, Credit Score, Debt
Millennials- Why do they have the lowest Credit Scores?
23
Mar
Mar
What is a credit score? Most people would answer that this is how lenders see if you are able to receive a loan and at what interest rate. And that’s true. But really, it’s an algorithmic number telling a lender how likely a person is to default on a loan within the first 24 months. […]
16
Mar
Mar
As of July 1st, 2022 all medical debts that have been paid, whether the debt was held by a physician or a collection agency, must be suppressed from a consumer’s credit report! This was announced by all three CEO’s of Equifax, Experian and TransUnion in April of 2022. Now before we start patting these CEO’s […]
23
Aug
Aug
Whether you are applying for a new credit card or a home loan, hard inquiries are constantly present when attempting to build credit. Although hard inquires are one of the most common items found on a credit report, there is still much mystery surrounding their effect on a credit score. In todays “Fact or Fiction” […]
10
May
May
Whether you are applying for a new credit card or a home loan, hard inquiries are constantly present when attempting to build credit. Although hard inquires are one of the most common items found on a credit report, there is still much mystery surrounding their effect on a credit score. In todays “Fact or […]
20
Apr
Apr
When beginning credit repair, many consumers hold high hopes of ending their repair process with a clean report and a high credit score. Removing a few items here and there can really make your positive credit shine through and can give you the push you need to acquire financing; but that may not always be […]
17
Mar
Mar
Time For A New Car? Several years ago when I was broken down on the side of the interstate in my 92 Jeep Cherokee I thought to myself “My next car is going to be brand new so I don’t have to deal with this gain!” I knew that I would need to finance as […]
15
Feb
Feb
Why Consumers Hire a Law Firm For Credit Repair There is a major difference between what a credit repair company can do versus what a law firm specializing in credit repair can. What you may find even more interesting is that a consumer can actually do more than what a credit repair company will. A […]