Our FREE consultation report provides an overview of your credit as potential lenders see it today. It lists the items that are negatively affecting your score and explains how we use the power of the law to improve your credit. It also includes a simple step-by-step plan for you to speed up the process.

This credit consultation report is broken down into the following 5 sections:

1. Credit Score Basics – A credit score is a number generated by a mathematical formula that is meant to predict creditworthiness. Credit scores range from 300-850. The higher your score is, the more likely you are to get a loan. The lower your score is, the less likely you are to get a loan. If you have a low credit score and manage to get approved for credit, your interest rate will be much higher than someone who had a good credit score. So, having a high credit score will save you many thousands of dollars.

2. Your Credit Scores and Summary – Your credit scores may vary depending on where you get your credit reports from, because different sources have different methods for determining your score and scheduling updates. Maintaining one (1) credit monitoring account will give us a baseline score as a point of reference to grow from, to accurately see changes as they happen. For this reason, you must keep your same credit monitoring account active, rather than checking your scores on multiple sites that will differ.

3. Analysis of Your Accounts – We will give your credit reports an overview for any items marked as delinquent or derogatory. Recent late payments, collections, and other derogatory items within the last six months will hurt your credit score more than older inactive accounts. Accounts within the last 24 months carry the second most weight. This is why it is crucial to pay all bills on time and do not miss any payments.

4. An Overview of Our Process –  The credit system is flawed, and nearly 80% of all reports have errors that can lower your score. But you have rights and we know how to use them to your benefit! The law gives you the right to dispute an item on your credit reports. And if those items cannot be verified, they must be removed. So we will write many letters to the bureaus. If they can’t prove it, they must remove it! And we are very good at this!

5. Your Part in the Process – Remember, it has taken you years to get your credit into its current state, so cleaning it up will not happen overnight. It takes 30 to 45 days for bureaus and creditors to respond to each letter, and even more time for changes to reflect on your reports. A difficult item may take multiple letters to multiple parties, so patience is key. By following our program and our advice, your credit will improve — and along the way, we’ll teach you how to maintain your excellent credit long after our work is done.

Kredit Koncepts Financial Services