How will fixing my credit save me money?

In dollars and cents it means that you can save tens of thousands of dollars. A person with bad credit wants to buy a home. It is possible to buy a home with bad credit, but several issues must be dealt with if you do.

For example, if we use a $100,000 home because it is a round number. Look at the information below that shows the added costs of buying a home with bad credit.

(NOTE: This is very compelling)

Closing Costs for a bad credit buyer is 2­ to 4% higher. At 3% this costs $3,000.
Add 1% to a negotiated purchase price because it is harder to negotiate with a seller if  you have bad credit.
Interest Rate for a bad credit buyer will be approximately 14% vs. 8% with a good credit buyer.
Interest Rate Monthly payment on $100,000 at 14% = $1172
Interest Rate Monthly payment on $100,000 at 8% = $735.
That comes to $437 per month!
This adds up to $5244.00 per year and over a 7 year period (the amount of time that negative, derogatory and out dated information will remain on your credit

report) Added up you can expected to spend an average of $36,708 over the next few years.  These are the costs incurred by a bad credit score buyer.
Apply these same calculations to your other “extra interest” accounts on your autos, furniture, credit cards and on and on and on.  Is it worth it?


What Kind Of Debts Do You Work With?
In general, credit cards, medical bills, student loans, store cards, gas cards, unsecured personal loans, back taxes, repossessions, etc.

Can you work with me if even if I'm behind or not paying at all?
In a word­ YES! This is exactly why this program was designed. We can show you how to create a manageable budget that will allow you to pay off your debts sooner, with less money and still meet your everyday living expenses.


How Do I Get Started?
Simply fill out the disclaimer form at our website with the requested information click and submit.


How Long Will It Take?
You will normally receive your free confidential consultation and quote within 24­48 hours. Once we begin working on your credit file, you will receive updated credit reports every 30 to 45 days showing improvement to the file.


How does credit reporting work?
The credit reporting system is a distribution network of computer files and paper files that categorize your payment history, how much you owe, to whom you owe it, your employment history, your social security number and any public records. The credit bureaus serve as information warehouses that stores, distributes and sells your personal information.


I have been refused credit what can I do about it?
Due to poor information sharing processes over 50 % of all credit, reports generated contain errors, erroneous outdated and inaccurate information. There is a better than 80% chance that your report contains information that does not belong to you. You should order your report and review account information for accuracy.


How is the credit information listed on my file?
Banks, retail stores, utility companies, collection agencies, credit card issuers report payment history and any new information they receive about you to the three main bureaus.  When you fill out a credit application, or an employment application, if a credit report is used for screening,

you have signed a contract that states somewhere in the contract that you give the creditor permission to provide information about you to the credit bureau.


Who will add or remove information from my credit file?
Only the credit bureau can add or remove information. As required by law, the credit bureaus must maintain files as accurately as possible and must remove inaccurate information as soon as they become aware of it.


Can positive credit information be added to my report?
Yes, since the Fair Credit Reporting Act does not require creditors to report positive information, you may request that positive credit information be verified and reported. There is sometimes a charge for the verification process.


What are the risks of doing it trying to fix my own credit?
Most how‑to credit restoration books include example form letters for the reader to use in disputing his negative credit. Therefore, the credit bureaus immediately spot any of the standard forms. Once the bureau has zeroed in on the structure of the form, any such letter will immediately earn a "frivolous or irrelevant" response from the checker, Many times, the credit bureau will see this as a sign that the customer is trying to undermine their system and they will red flag the client's credit report for future reference.

Because by design, the system does not provide for specific techniques or form letters, and the credit bureaus have proclaimed publicly that they can spot these forms, letter writing dooms you to failure. Rather, we shall provide general outlines and strategies that have proven effective in eliminating negative outdated and erroneous information.

However, it is important for you to understand that there are risks in restoring your own credit. These risks are greatly multiplied if you cannot dedicate sufficient time to the task, or if your skills or organizational skills aren't top notch.

Countless do‑it‑yourselfers have made seemingly harmless mistakes in the process of disputing their credit; only to make their credit files worse ultimately seeking professional help after too much damage had been done.


These risks include:
The bureaus placing a “red flag” on the individual’s file as someone attempting to repair their credit. This unwittingly self verifies the negative information. Making statements that create a fraud indicator or alert only adds statements to the negative listings. This does nothing but substantiate the negative information.  Doing anything to tip the credit bureau that you are systematically, attempting to restore your credit is self ­defeating to the process of eliminating negative information.

While restoring your own credit may save you money, if it is done improperly, it can cost you thousands of dollars in lost time and you may still do more damage than good to your credit.