What is a Credit Score?
A credit score depicts your creditworthiness. You may get credit score from 300-850 on the basis of credit history, number of open accounts, repayment history, & other factors. If you have a higher credit score then lenders will evaluate you as a responsible debtor & like to give you loan at a lower interest-rate. Overall, your credit score predicts the possibility of your loan repayment on time.
What affects your Credit Score?
We will help you to dispute negative items in
your payment history.
- SoCal Credit Repairs ensures that you get benefit by removing negative items (at least 25%) from your credit report from us otherwise we will refund 100% of your fee.
- Our experts will help you how to maximize your debt ratio score.
- At SoCal Credit Repairs, we’ll remove questionable negative items from your account. Guide you how to maintain excellent credit score & offer you free credit consultation. We will challenge your creditors so that you can make your credit report error-free.
In addition to starting the credit dispute process with you, what can I do to help raise my credit score?Follow these tips to raise your credit score:
Check your credit report at least once a year. Pay your bills on time. Don’t delay in paying mortgage loan & utility bills. Manage your credit-utilization ration by 30%. Use secured & multiple credit cards. Leave your credit card in the safe locker or drawer at home. Keep your finances & lines of credit under control. Try to make your credit report error-free. Above steps can make help you to raise or maintain your good credit score. Also there is the best way that can help you in one-way is to contact SoCal Credit Repairs that offers you the top credit repair services at an affordable price. |
How long will certain items remain on my credit file?
Here is the list of how long negative items stay in your credit report:
- Missed & late payments are known as delinquencies. They remain in your credit file for 7 years from the date of delinquency.
- Charge-off is known as when the creditor writes-off your debt following nonpayment. It affects your credit report for 7 years plus 180 days from the date the charge-off was reported to a credit agency.
- Foreclosure is the form of default. You get this when you fail to make timely payments & then the lender takes the ownership of your home. So, it stays for 7 years from the date you missed payment.
- Lawsuit or judgement. Both paid & unpaid civil judgements can affect your credit report for 7 years from the filling date. However, in April 2018, three major credit agencies, Equifax, TransUnion, and Experian had removed all the judgements from credit reports.
- Bankruptcy can remain in your credit file from 7 to 10 years. However, chapter 7, 11, & 12 will remain in credit report for 10 years & chapter 13 will be for 7 years from the filling date.
- Tax liens used to be part of your credit report for 7 years from the filling date. However, by April 2018, all three major credit agency had removed from credit report due to inaccurate reporting.
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