Category: Credit Report

Credit Repair Companies – How to Pick the Best One

Credit Repair Companies – How to Pick the Best One

When you look for credit repair companies on the internet it may be overwhelming. There are 10 credit repair companies listed on the 1st page of Google. Do you just call the 1st company listed? Do you call all of them?

What if you new some questions to ask when you visited these credit repair companies websites and/or called them? Wouldn’t that make it easier? Below is a list of questions to ask and the reason why you want to ask each question.

Questions to Ask Credit Repair Companies

  • How long have you been in business?

Experience and track record in the credit repair industry is critical to success for you as a client. Unlike in real estate or the mortgage industry there is no licensing required in credit repair. Therefore, just because a company is listed on the front page of Google doesn’t mean they’re good at what they do.

  • Are you accredited and what is your rating with the Better Business Bureau?

A BBB accreditation and high rating is a great indicator of a solid company. If credit repair companies often don’t do a good job consumers will submit complaints to the BBB. You can actually visit their BBB page and see complaints, if any. If a company isn’t accredited and rated by the BBB stay away.

  • Are they certified by the National Association of Credit Services Organizations (NACSO)?

For many of the same reasons as above a NACSO certification will give you peace of mind that do a good job for their clients. Typically, only established, experienced credit repair companies will have a NACSO certification.

  • Do they dispute ALL derogatory items on your credit report immediately?

Understand that most credit repair companies do not. They only challenge or dispute one or two items at a time. This prolongs the time it takes to get you a result and costs you far more money. If they don’t address all your items immediately find another credit repair company that does.

  • Do they make recommendations and coach you on what you could be doing to increase your credit score?

Credit repair is an effective means to increase your credit score. But you should be made aware of what you can do to impact your credit score now and for the future. If they can’t or don’t do this you aren’t working with the one of the best credit repair companies.

These are the main questions to ask when looking for credit repair companies to work with.

If you call our company we answer these questions on the phone right away.

  • We have a track record since 2004 and have assisted over 250,000 clients in increasing their credit score. And, we help clients in all 50 states.
  • We are backed by an A+ Better Business Bureau rating and are accredited by the BBB.
  • We are back by a NACSO certification.
  • We challenge every negative item you have right away and get results in as little as 45 days.
  • We make recommendations and coach you on how to have the highest credit score possible.

So, give us a call. We have proven time and time again that we are one of the best credit repair companies in America today.

We offer a free, no obligation consultation on your specific situation.

We’ll explain fully how it all works .

We’ll give you an honest assessment on the time frame it will take for you to remove negative items from your reports.

And, we’ll give you a fair price for the best credit repair service in the country.

Call right now (727) 222-0120 or (619) 492-3040

Or visit the Credit Repair page on our website and fill out the contact form. We’ll call you on the day and time you tell us.

Affordable Credit Repair Tampa

When looking for a professional to increase your credit score you want affordable credit repair Tampa. But you should also expect value. ERA Credit Services provides both.

ERA Credit Services
in Clearwater is backed by a track record since 2004, and an A+ rating with the Better Business Bureau. They provide their clients with online access to their account, and a review of information being sent to the credit bureaus.

In addition, ERA Credit Services also makes recommendations as to what you could also do to increase your score. They protect your identity with Lifelock®. And give you online access to your credit scores and credit reports so you monitor the progress of your score.

Affordable Credit Repair Tampa

Central Pinellas Chamber of Commerce MemberIf you’re looking for affordable credit repair Tampa with the best value, look no further. Once you are a client they obtain copies of your credit reports. They run an analysis and find all items that are negatively impacting your credit score. Then they address all items immediately with all 3 credit reporting agencies Experian, Equifax, and Transunion. In approximately 45 days you will receive updated credit reports from the 3 agencies. That’s fast!

If you want fast and also affordable credit repair Tampa, this is the company to call. They will provide you with a no cost, no obligation phone review. Their experts will tell you exactly what credit repair is and what it does. Then they will walk you through every step of the process.

To get started with affordable credit repair Tampa it’s only $188 then just $89 per month for the Protection Plan. The Protection includes information on how to build the highest credit score, identity theft protection, online credit monitoring, an online budgeting tool, credit attorneys, and of course the most affordable credit repair Tampa.

When real estate and mortgage professionals have clients that need to increase their credit score they refer those people to ERA Credit Services. Call today (727) 222-0120. Or email info@eracreditservices.com.

ERA Credit Services is an independent agent for Financial Education Services and United Credit Education Services, a 501 c3 non-profit organization.
Affordable Credit Repair Tampa

Tampa Credit Repair

Tampa Credit Repair – A Complete Plan to Increase Your Score

If you face challenges with your credit score such as not qualifying for a loan, you may search online for a solution and call a Tampa credit repair company. All credit repair companies will attempt to remove negative items from your credit report. Some will do a better job than others. But credit repair alone will not give you the maximum increase in your credit score.

Your credit score is not just based on negative items on your report. You need a total plan that will impact every aspect of your credit score. First, we analyze your reports with all 3 credit bureaus (Equifax, Transunion, Experian). Then we provide you with a plan to increase your credit score that includes our A+ Better Business Bureau rated credit repair service to maximize your credit score.

This plan is called the Credit Protection Plan. We start with credit repair. We’ve been a top rated credit repair company since 2004. We have become the company of choice for real estate companies, mortgage companies and banks for Tampa credit repair.

Companies such as Keller Williams, Evolve Bank & Trust, Charles Rutenberg Realty, Cadence Bank, and American Express Open all send their clients to us to improve their credit score. We are also proud members of the Central Pinellas Chamber of Commerce.

The Tampa Credit Repair Protection Plan

Central Pinellas Chamber of Commerce MemberThe plan starts with you own online account so you can see the progress of what we are doing. You’ll see the negative items we are working on for you. We dispute all your items immediately unlike other Tampa credit repair companies that want to prolong your service with them.

But we don’t stop there. You need to see your credit score and be able to access your credit reports online 24/7. How else will you know if credit repair is working? We provide that to you on day one.

But what about other steps you can take to increase your score? We give you steps to take that will optimize your credit score. This knowledge will help you for the rest of your life so you can always have the best credit score possible.

We then protect your identity through LifeLock. Why? Because as you increase your credit score you become a higher risk to have your identity stolen. That would disrupt any plans of buying a home, getting a business loan, buying a car, etc.. We prevent that from happening.

What about your existing debt? We teach you how that affects your credit score and give you a plan to pay down then debt using the same amount of money you currently use to pay debts now. Not only does it increase your credit score but you save thousands, potentially tens of thousands of dollars in interest.

Then we make sure your family and assets are protected by giving you a Will, Living Trust and medical and financial Powers of Attorney. Everyone needs these vital documents but less than 20% of people have them.

How About a Credit Repair Plan That Helps You Save Money?

Would you like to save some money on purchases you currently make anyway? Of course! Because of the number of clients we have, we can give you buying power. We can save you money with online shopping, travel, insurance, and prescription drugs.

This is a full credit score and money savings plan of action. If you like to know more here are some resources:

Visit our YouTube Playlist of videos for our clients on these services – YouTube Playlist

Visit our website to read about our Protection Plan – http://eracreditservices.com/services/

Click this link to get all your questions answered about Tampa Credit Repair – ERA Credit Services

Or simply call us at (727) 222-0120

San Diego Credit Repair

San Diego Credit Repair – A Complete Plan to Increase Your Score

 

San Diego Credit Repair

If you face challenges with your credit score such as not qualifying for a loan, you may search online for a solution and call a credit repair company. All San Diego credit repair companies will attempt to remove negative items from your credit report. Some will do a better job than others. But credit repair alone will not give you the maximum increase in your credit score.

Your credit score is not just based on negative items on your report. You need a credit score plan that will impact every aspect of your credit score. We analyze your reports with all 3 credit bureaus (Equifax, Transunion, Experian). We then provide you with a credit score plan that includes our A+ Better Business Bureau rated credit repair service to maximize your credit score.

The San Diego Credit Repair Protection Plan

We call this package of services the Protection Plan. We start with credit repair. We’ve been a top rated San Diego credit repair company since 2004. We have become the company of choice for real estate companies, mortgage companies and banks for San Diego credit repair.

We give you on online account so you can see the progress of what we are doing. You’ll see the negative items we are working on for you. We dispute all your items immediately unlike other companies that want to prolong your service with them.

But we don’t stop there. You need to see your credit score and be able to access your credit reports 24/7. How else will you know if credit repair is working? We give you that.

But what about other steps you can take to increase your score? We give you a plan of action to increase your credit score now. This knowledge will help you for the rest of your life so you can always have the best credit score possible.

We then protect your identity through LifeLock. Why? Because as you increase your credit score you become a higher risk to have your identity stolen. That would disrupt any plans of buying a home, getting a business loan, buying a car, etc.. We prevent that from happening.

What about your existing debt? We teach you how that affects your credit score and give you a plan to pay down then debt using the same amount of money you currently use to pay debts now. Not only does it increase your credit score but you save thousands, potentially tens of thousands of dollars in interest.

Then we make sure your family and assets are protected by giving you a Will, Living Trust and medical and financial Powers of Attorney. Everyone needs these vital documents but less than 20% of people have them.

Would you like to save some money on purchases you currently make anyway? Of course! Because of the number of clients we have, we can give you buying power. We can save you money with online shopping, travel, insurance, and prescription drugs.

This is a full credit score and money savings plan of action

If you like to know more here are some resources:

Visit our YouTube Playlist of videos for our clients on these services – YouTube Playlist

Visit our website to read about our Protection Plan – http://eracreditservices.com/services/

Click this link to get all your questions answered about San Diego credit repair – ERA Credit Services

Or simply call us at (619) 492-3040

Credit Score Basics – How to Get a Good Credit Score

The first step in learning the credit score basics is to learn what makes up a credit score. Although each credit bureau uses a somewhat different scoring model (FICO, FICO II, Vantage) what constitutes a credit score is represented by this infographic:

Credit Score Basics
What Makes Up a Credit Score

When people want to improve their credit score they mostly focus on removing derogatory or negative accounts from their credit report. They may try it themselves. Then after little or no results they call a credit repair company for help. Credit repair, or what we call credit restoration, is a good thing to do. Removing derogatory accounts will increase your score.

Obsolete Accounts– accounts older than 7 years from the date of last activity should be deleted automatically but sometimes they are not. We use federal law to get these items removed for you.

Accounts with Erroneous or Outdated Information– If these are negative accounts, removing them will increase your score. We also use federal law do get these items updated or removed.

Unverifiable or Unverified Accounts– These are accounts that the creditor of record cannot or chooses not to verify. These items will be removed via federal law if challenged in the correct manner.

Our company has been providing the fastest, most effective results in the credit repair industry since 2004.

However, that only impacts 35% of your credit score.

We can help you in every area of your credit score basics

Therefore, we provide other services that impact 100% of your credit score.

Let’s tackle the next biggest percentage, your amounts owed (30%)

If you can pay down the amounts you owe to 30% of your credit limit that will increase your credit score. For instance, if you have a credit card with a $1,000 limit, pay down the balance to $300.  You may not think you can based on your budget but we have an online budget and debt payoff tool that will show you how to pay these accounts down. And, it will show you how to do that with the same amount of money you currently spend on your bills.

Next, the Types of Credit and New Credit (20%)

Sometimes it’s hard to understand that if you don’t have the right types of open credit accounts (revolving, installment) such as a car loan, mortgage, and credit cards you can’t have an optimum credit score. In other words, you have to have credit to have a good credit score. And you need new credit from time to time especially if you do not have enough open lines of credit.

We help people establish new lines of credit with a secured credit card program from Synovus Bank and a program that will add a positive rental history to your Transunion credit report. And, we will make other recommendations to you as well.

Lastly, Length of Credit History (15%)

This one just takes time. We have to get you the right types of credit, remove negative items, and let it season. Over time your credit score will go up based on the length of credit history.

Dale Guiducci is the owner of ERA Credit Services offering credit repair in San Diego and credit repair in Clearwater, FL and credit repair in Tampa, FL. ERA Credit Services is an Independent Agent for Financial Education Services (FES) which has an A+ rating and is accredited by the Better Business Bureau. Mr. Guiducci is also a Vice President with Financial Education Services and trains new Agents for FES on a national level.

Credit Repair in Florida – What You Need to Know

You need to know the right questions to ask when you’re looking for credit repair Florida.

Credit Repair Florida

  • Most credit repair companies do not address all your items immediately. They only work on one or two derogatory items every 60 days. They extend the process intentionally so that you end up paying a monthly fee for several more months than is necessary.
  • The majority of Florida credit repair companies charge you an up-front fee for setting up your account which is unnecessary and simply a way to add to their profit.
  • Most credit repair companies in Florida do not involve you in the process. You do not see what’s being addressed, how they are addressing these negative items, or when they are doing it. They do not show you the items being disputed.
  • Unless you have a way of checking your credit reports and credit score on your own you do not see the impact of their work real time. Therefore you don’t know if what they are doing is working for you.
  • Lastly, credit repair Florida companies in cities like Tampa, St. Pete, Clearwater, Jacksonville, Orlando and Miami only do credit repair and do not help you with other ways to increase your credit score as well. Credit repair is a great service if done correctly. But it isn’t the only way to increase your credit score.

So, you have two choices. You could call several credit repair Florida companies and interview them. You now know the questions you should ask them.  See if you can find one that disputes all items right away. That doesn’t charge you a set up fee. Try and find a Florida credit repair company that will keep you informed and give you real time access to your credit scores and credit reports. Ask if they provide other services that will increase your credit score as well.

Credit Repair in Florida – A Full Service Credit Repair Company

Or, you could simply make one phone call to ERA Credit Services at 727-222-0120 for credit repair anywhere in Florida. We are an independent agent for United Credit Education Services that is accredited by and has an A+ rating with the Better Business Bureau.

  • Talk to a company that will fully explain the process to you right over the phone.
  • We do not charge set up fees. Your service starts immediately for your first monthly payment of only $87.00
  • We address all your derogatory items immediately insuring you’ll get the fastest results possible.
  • We give online access to all the information about your account. To see the account you’ll get click ERA Credit Services Protection Plan
  • You’ll receive correspondence about the negative accounts we’re working on for you so you know what items are being addressed.
  • You’ll have access to your credit scores and credit reports that is updated real time.
  • We also will provide other powerful services to increase and protect your score.
  • And, we provide you with knowledge about credit so you can maintain a high score in the future.

All for only $87/month with no contract and no minimum time on service.

Make one phone call for credit repair in Florida to ERA Credit Services (727) 222-0120

ERA Credit Services is backed by over 12 years of experience in the industry and an A+ rating with the Better Business Bureau. We are also certified by the National Association of Credit Services Organizations.

ERA Credit services is an independent Agent for United Credit Education Services, Farmington Hills, MI

Tips on Maintaining a Good Credit Score

10 Tips on Maintaining a Good Credit Score

Maintaining a Good Credit Score

Below is some great information for every consumer on first getting, and then maintaining a good credit score.

Monitor Your Credit Report

First, in order to know if you have a good credit score, enroll for an online credit monitoring system that alerts you if there are changes to your report and/or credit score. We suggest SmartCredit.

Use Credit Cards Like a Debit Card

For building and maintaining a good credit score treat your credit card like it’s a debit card. If you can’t afford to pay off a purchase at the end of every month don’t make that purchase. And, use cards with benefits (travel, points, etc.)

Credit Card Balances

If you have to maintain a balance on your credit cards make sure it is low relative to your limit. A good rule of thumb is under 30% of the limit. The credit reporting agencies all consider debt to limit ratios an impact factor in calculating a good credit score.

Use of Credit Cards

If you have credit cards use them periodically, even just once every few months. A dormant card reduces the impact on a good credit score.

Resist Department Store Cards

If you have major cards you don’t need a store card. They usually come with annual fees and high interest rates.

Resist Co-signing for Others

When you co-sign for another on any type of loan you give up control of credit history to another person. If that individual is late on a payment in can cost up to 60 points and affect your good credit score.

Expand Your Portfolio

Maintaining a good credit score requires more good credit. If you have just a secured credit card, apply for an unsecured card after 6 to 9 months. But don’t have more than 3 credit cards. It’s simply not necessary.

Keep Track of Automatic Payments

Payments that are automatically deducted every month from your checking account by giving a creditor your debit or credit card must be monitored. If your card expires they can quickly turn into late payments. Late payments can have a huge impact on your good credit score.

Note Annual Fees

If you have credit cards and other accounts with annual fees make sure you pay those fees promptly. Sometimes they go unnoticed and therefore, unpaid causing late payments and delinquencies.

Keep Inquiries to a Minimum

Hard inquiries can cost you points on your credit score. Keep inquiries from prospective creditors to a minimum. Be especially careful when purchasing a car. Some dealerships and car lots will have several finance companies run reports on you all on the same day.

If Your Credit Score is Below 640, Get Help

A credit score below 640 will not typically put you in a position to qualify for a mortgage. As well, it will cost you more in interest rates and deposits for credit cards, insurance, cable, cell phone, other utilities and more. To learn more about what we can do to help you visit ERA Credit Services 

To talk about your specific financial and credit situation call us:
San Diego (619) 492-3040
Clearwater (727 222-0120

Or email us at info@eracreditservices.com

Ways That Bad Credit Can Affect Your Life

Bad credit and low credit scores can affect your life in many ways. Bad Credit

Bad Credit can prevent you from getting a decent payment on a car loan, or qualifying for a mortgage, line of credit or credit card. We all know that. But we don’t usually think about the fact that poor credit can hurt relationships, restrict you from being able to move, or even find a job. Here are some things to think about.

Bad Credit Can Affect Relationships

If you can’t borrow money due to bad credit, you may consider asking a friend or family member to help. Being late on a credit card payment will damage your credit rating. But being late in paying back a friend can damage the relationship. Bad credit can also have a terrible impact on marriages. Financial troubles are the leading cause of divorce in America today.

Emergencies

One of the best uses of a credit line or credit card is to have it in the event of an emergency such as a medical issue. However, if you are “maxed out” on a credit line and have a low credit score you risk not being able to handle such an emergency.

Mobility

If an emergency such as a natural disaster, or if an opportunity such as a job offer in another area comes your way, you may not be able to leave. In addition, having bad credit can keep you from getting a travel rewards card allowing you to save money using mileage points to purchase tickets and accommodations.

Car Insurance

Automobile insurers in some states increase auto insurance rates partly based on credit score.

Homeowners Insurance

Although some states don’t allow credit scores to be a factor in determining home owners insurance rates, in the states that do allow it people with bad credit pay at least twice as much as those with good credit.

Renting a Home or Apartment

More and more landlords, including owners of one or two units, are checking credit reports of applicants. Credit score and lack of evictions directly correspond to how responsible someone is.

Employment

You can be denied a job due to a bad credit score. One out of four Americans have had to go through an employer credit check, and one out of 10 a job because of a low credit score.

Higher Costs

Less than perfect credit can cost you $200,000 and up to $1 Million in higher interest payments over your lifetime.

Deposits

You might be required to pay a deposit in order to get service if you have a bad credit score. It could be a significant deposit if you’ve been late on utility payments or defaulted in the past.

Professional Licensing

The Fair Credit Reporting Act allows government agencies that regulate professions to use credit reports. This means that states can require proof of creditworthiness before issuing everything from medical licenses to doctors, to construction licenses to contractors.

Quality of Life

Debt can keep you from getting an education. It can keep you in an unhealthy relationship. It can keep you from getting a better job. Debt can keep you from fulfilling your potential as a person.

What Should You Do?

There are ways to clean up a credit report potentially and even more to increase a credit score. Someone who has poor credit needs a game plan and a coach to educate and guide them. Give us a call and let the healing begin.

Also, visit http://eracreditservices.com/more-than-credit-repair/ to learn about the various services and tools we have available.

FOR IMMEDIATE RELEASE: New Tampa Area Credit Repair Company Getting Great Results for Clients

Clearwater, FL – June 19, 2015 – ERA Credit Services, an Agent for United Credit Education Services, has expanded its operation and is now representing a new credit repair company in Tampa and is getting rave reviews. They now provide credit repair services in Tampa, St. Petersburg, Clearwater and Largo an as well service the entire state of Florida.

New Credit Repair Company in Tampa

Dale and Shirley Guiducci began assisting consumers with removal of derogatory items from their credit reports in San Diego in 2012 after trying to find a reputable company to help clients of their accounting business.

“We introduced United Credit Education Services to the San Diego market and it really took off just by word of mouth. We told friends and business associates that began using the services and shortly after we started getting calls from real estate and mortgage professionals who had clients that needed help with their credit score.” says Dale Guiducci.

Late in 2014 the Guiducci’s made a decision to move cross country to the Tampa Bay area and have now settled in Largo, FL. Shirley explains, “Because of the success we had in San Diego and the people we had working with us there we were able to make the decision to move wherever we wanted. We saw a need for a new credit repair company in Tampa. And, what better area in the country to move to than the Gulf Coast of Florida?”

Credit repair or credit restoration is the removal of erroneous, obsolete and/or unverifiable items from credit reports produced by the big three credit reporting agencies (CRA), Experian, Equifax and Transunion.

One ERA Credit Services client, Bryan Fallucca, told us, “What they did for me is nothing short of a miracle. I had the worst credit possible for years & it really took a toll on me both mentally & financially! They took my score from the high 500’s to a 748. Not only was I able to get a new car with nothing down & a very low monthly payment, I was also able to move me & my daughter into a better area of town & school district.”

A mortgage professional, James Hooper of Capital Line Mortgage shared, “ERA Credit Services helped one of our clients improve their credit from a 645 mid score to a 700 mid score on the dot. Our client now has the ability to refinance at much better interest rates 6 months after starting to work with ERA. Dale and ERA will be getting all our customers that need credit repair in the future.”

The owners of ERA Credit Services, now a new credit repair company in Tampa Bay

Dale and Shirley Guiducci are owners of ERA Credit Services, an Agent of United Credit Education Services. ERA Credit Services now has more than 280 Agents providing credit repair and other financial services to consumers in all 50 states.

Contact:

Dale & Shirley Guiducci
ERA Credit Services

4500 140th Avenue North
Suite 101
Clearwater, FL 33762

727-222-0120
619-492-3040

Email: info@eracreditservices.com
www.eracreditservices.com

FICO Adds to Consumer Credit Scores

In April, the Wall Street Journal reported that soon consumer FICO credit scores will reflect payment history on utilities, cell phone accounts, and cable bills. How often someone moves will also be a factor in their FICO credit score.

FICO credit score

It is unclear at this point how many consumers have already seen a change in their FICO credit score as a result of FICO working with 12 credit card issuers to test the new scoring model in lending decisions. The new scoring model is slated to be used nationwide by the end of 2015 providing a credit history for 53 million more consumers that currently don’t have one.

It is also unclear how this may affect consumer FICO credit scores. It may help those people with little or no credit history to establish one. It may also help those with an established credit history to bolster their score if they have an on time payment history in these areas. Currently, the only time payment history for utilities, cell phones or cable bills is reported is when there is negative information such as delinquent or unpaid amounts.

The new FICO credit score model will also report on how many times a consumer changes addresses. Frequent changes of address may lead to a creditor deciding that someone is unstable financially.

This represents an opportunity for the credit reporting agencies (Experian, Equifax & Transunion) to grow their business. Bringing into the fold 53 million more consumers will mean more data being submitted by creditors, more credit reports being pulled, and more consumer FICO credit score data being purchased by companies for marketing purposes. All of which generate revenue for the 3 agencies. It also means that companies will now have more data on more consumers allowing them to expand marketing efforts to these consumers.

These changes reflect a major change in the existing FICO credit score model. How much it will affect existing consumer credit scores and how many more consumers will now have access to credit remains to be seen.

For more information on applying rental history to your credit report, visit www.ERACreditServices.com or call 619-492-3040.