Are You a Revolver?

I'm not talking about a gun, by the way. If you're getting mail that claims you are "pre-qualified" you may be a Revolver. Credit card companies love Revolvers. They make more money on them. So how do you know if you're a Revolver?

Revolvers are people that like to hold balances on their credit cards. Because they don't pay off their balances, they end up being on the credit card companies most profitable client list. Credit card companies love you! They can see what purchases you make every month and send you something that appeals to your senses. Their research actually tells them how much money they can make off of you before they even spend a dime marketing to you.

So in essence, being pre-qualified may also mean, "not very smart with money." If you're reading this and you carry balances on your cards--you've been had. Maybe it's time to get smart and quit paying all of that extra money to the credit card companies.

However, if you're trying to raise your FICO score for loan--call me. I show you how to beat the credit reporting agencies at their own game.

Q: Is it legal to dispute negative items on my credit report?

A: Yes. Disputing negative items on your credit report is your right. Under the Fair Credit Reporting Act (FCRA), consumers have the right to ask for verification from the CRA's (Credit Report Agencies). Legitimate credit report repair is as legal as pleading "not guilty" in a court of law. Your freedom to view your credit report and to dispute negative items is protected by law.

Does paying my bills restore my credit?

You would think that trying to make ammends with your debtors would be the right thing to do. Unfortunately, if you are trying to increase your credit score that could actually hurt you.

Sometimes when you pay an old debt--depending on how old it actually is--you could actually hurt your credit score. Once activity shows on the account (i.e. your payment) it rescitates the item and creates a new "Date of Last Activity." Unfortunately, this will make your credit score worse.

Seek the advice of a professional credit repair consulant if you are not sure whether paying off the debt will hurt or help your score. Of course, it is important to remember that paying your debts in a timely manner may prevent future problems with your credit report.

Credit Repair: How to Help Yourself

You see the advertisements in newspapers, on TV, and on the Internet. You hear them on the radio. You get fliers in the mail, and maybe even calls offering credit repair services. They all make the same claims:

“Credit problems? No problem!”

“We can remove bankruptcies, judgments, liens, and bad loans from your credit file forever!”

“We can erase your bad credit — 100% guaranteed.”

“Create a new credit identity — legally.”

The Federal Trade Commission (FTC) says do yourself a favor and save some money, too. Don’t believe these claims: they’re very likely signs of a scam. Indeed, attorneys at the nation’s consumer protection agency say they’ve never seen a legitimate credit repair operation making those claims. The fact is there’s no quick fix for creditworthiness. You can improve your credit report legitimately, but it takes time, a conscious effort, and sticking to a personal debt repayment plan.

We have a unique system that sets us apart from other "credit repair" companies.

1) PREMIER CUSTOMER SERVICE. First and foremost, is our customer service. We provide ongoing communication with the client so they know and understand what is happening. We believe education is essential. Credit can be cleaned up, but it won't stay that way if they don't understand the fundamentals of good credit.

2) 21 LEGAL DISPUTES. We do more than just dispute negative claims. This is what most credit repair companies do. They dispute every item over and over. This can end up having a negative impact on the clients score. We have over 21 legal disputes that can help to remove their negative credit.

3) THE DUAL CHALLENGE. We implement what we call a "Dual Challenge." In addition to disputing with the credit reporting bureaus, we also challenge collection agencies. We have a very high success rate with this process. And, when they do not have the proper verification, legally the item must come off of the clients credit.

4) THE CREDIT MAXIMIZER. This is our best ammunition to helping those clients who have cleaned up all of the negative items and still need a boost to their score. We can add good lines of credit to your credit report. We can add up to a $10,000 line of good credit. This provides a phenomenal boost to their credit score. Not to mention that there is no way they could get this kind of credit with their current score. It's a legal method of giving our clients additional help that they can't get anywhere else.