Category: Credit Reporting

Certified Credit Repair Tampa

Certified Credit Repair Tampa

Consumer Information

When trying to rectify issues with your credit report it may be advantageous to reach out to a credit repair company. Here is some information to help consumers understand why it’s important to work with a company that is certified credit repair Tampa.

Unlike many industries such as real estate and mortgage, there is no state or other government licensing necessary to get into the credit repair business. There are no courses or testing issued by the state. Therefore anyone could start a credit repair business and begin taking on clients. People may or may not be knowledgeable and/or be able to give advice to consumers regarding their credit reports. Each state does have its own registration process and it may be necessary to acquire a surety bond. But this does not guarantee that the individual knows anything about credit repair and credit repair law.

As an example, I spoke last night to a gentleman who had recent financial difficulty and had late payments on his mortgage, credit cards, and auto payments. He was working with Lexington Law, one of the biggest names in the credit repair business. They had been working on his credit report for 8 months with no results. He was calling me to determine if he should switch to working with us. I told him to stop credit repair altogether as it was premature. The late payments were too recent to have any reasonable possibility of getting them removed. This is not the advice he was expecting but it was the best advice he could receive. We are going to revisit his situation in a few months and determine what the best course of action is at that time.

certified credit repair Tampa
accredited credit repair Tampa

Certified Credit Repair Tampa

When looking for certified credit repair Tampa or anywhere, look for two key factors. Is the company or individual rated by the Better Business Bureau and are they certified by the National Association of Credit Services Organizations (NACSO)?

If the company does not have a Better Business Bureau rating it may mean they haven’t been in business long enough to acquire a rating by the BBB. That’s simply a clue into the experience of the individual or company whose hands you are contemplating putting your financial history into.

NACSO  does a thorough check on each company they certify. There are very few companies certified by NACSO in relation to the number of people and companies claiming to do credit repair. There is a good reason for that as most would not qualify for this certification.

Our company, ERA Credit Services is an Independent Agent for United Credit Education Services which is certified by NACSO, is accredited by the BBB and has an A+ rating. Based on this certification and rating you can be sure you are working with a company that has the experience and knowledge to advise you on issues regarding your credit reports. And, can help you in many ways to increase your credit score and help you maintain that credit score.

For certified credit repair Tampa give us a call at (727) 222-0120 or visit http://eracreditservices.com/credit-repair/

Buy Seasoned Tradelines

Become an Authorized User on a Positive and Seasoned Tradeline

An effective way to increase your perceived credit worthiness is to buy seasoned tradelines and be added as an authorized user on a positive and seasoned revolving account or tradeline. There is a lot to know about the best way to do this. And, there are steps to take before you do this.

Before You Buy Seasoned Tradelines

You should first make sure you have taken steps to remove as many derogatory items from your credit report as possible. If you purchase a tradeline and still have negative items on your credit report you may not get the effect on your credit score that you desire.

We are experts in this field and are backed by over 14 years of experience. Visit http://eracreditservices.com/credit-repair/

Buy Seasoned Tradelines

Once you have cleaned up your credit report as much as possible you may want to buy seasoned tradelines which will be listed on your credit report. But here’s what you need to know before you do.

  • Seasoned tradelines are revolving accounts meaning they are credit card accounts.
  • When you buy seasoned tradelines you are:
    • Adding positive payment history
    • Showing a longer time of having established credit (seasoned)
    • Showing responsible use of credit by having an account with a low debt ratio.
  • Because of what is stated above we see 30 to 60 point increases on average.
  • A seasoned tradeline may give you a new highest credit amount. This will also show more credit worthiness.
  • The tradeline may show up on less than all 3 credit reports. Make sure you get a guarantee when you buy seasoned tradelines. We guarantee it will report on 2 out of 3 of the major credit bureau reports.
  • You will NOT be able to use that credit line. It will simply show up on your credit report.
  • This item will show as an open account on your credit reports for a very short period of time. Most companies that you purchase tradelines from will give you 30 days. We give you 60 days.
  • After the stated time you will be taken off the tradeline. The credit bureaus may remove that tradeline from your credit report or leave it on your report. It will usually remain for 3 to 6 months.

The key then is to be ready to use the positive effect when you buy seasoned tradelines when it is present on your credit report.

For more information and to buy seasoned tradelines call us at 727-222-0120 or visit http://eracreditservices.com/personal-business-funding/

Buy Seasoned Tradelines
First Time Home Buyers with a Low Credit Score

First Time Home Buyers with a Low Credit Score

First time home buyers with a low credit score can purchase a home. However, it depends on how low the score is. FHA guidelines for first time home buyers allow a credit score as low as 580 with a 3.5% down payment. For those with a lower score the guidelines call for a 10% down payment.

However, even though the FHA has these guidelines lenders don’t typically follow them. They require as high as a 640 credit score to get the 3.5% down payment. The reason lenders require a higher down payment is that the FHA penalizes them for too many bad loans. Therefore lenders are protecting their ability to offer FHA programs long term.

First Time Home Buyers Low Credit Score – Reasons

There’s more than one reason why someone may have a less than 580 credit score. Younger people simply may not have established enough positive credit. They have clean credit report but not enough on the credit report. This person would be wise to use an FHA loan to purchase a home if they have the income.

Some people that have a sub 580 credit score have a lot of negative items. They may have just fallen on bad times in the past. This person should go through the process of repairing their credit. This would increase their score and lower the interest rate on the loan.

However, there is a category of people that need to budget themselves first. Diving into a $200,000, give or take, mortgage when they are struggling to pay bills now is not a good move. They need to stabilize their financial situation before taking on further debt. This is true even if their mortgage payment is less than their rent payment. If you don’t pay your mortgage you can lose your home.

If you fall into any of these 3 categories we can help. We have services to help people build credit, remove negative items from their credit report, and budget themselves and otherwise stabilize their finances.

Call us on the East Coast at (727) 222-0120
Call us on the West Coast at (619) 492-3040
or visit us at www.ERACreditServices.com 

How to Qualify for a Mortgage

As of the writing of this post the real estate market is as hot as it’s been since 2007. Many consumers are looking to purchase a home soon because they anticipate that prices will continue to go up. However, many that want to buy a home cannot qualify mainly due to credit score. The most important factor in learning about how to qualify for a mortgage is a credit score.

This issue not only affects the prospective buyer, but also the real estate or mortgage professional that is assisting them. Most people in these industries realize that the first thing they must do is ascertain if the prospect can qualify. In most cases, if they cannot, it’s due to a credit score issue or other issue involving their credit report.

Working with Real Estate & Mortgage Professionals

Many real estate and mortgage professionals have realized that spending their time to advise a person how to clean up their credit report is time consuming.  And, a lot of time it doesn’t lead to a closed escrow because their client doesn’t follow through on their own.

That’s where we come in. We do nothing but help consumers increase their credit score. And, we have several ways of doing it. Although credit repair is a great step, it is not the only step to be taken. By referring their credit challenged clients to us real estate and mortgage professionals can continue to work on their low hanging fruit, those buyers that can qualify right away. They don’t have to teach their prospect how to qualify for a mortgage.

We work with their credit challenged client and keep the real estate agent or mortgage broker informed of their clients progress. When we do get a client to that 640 score, or the score needed to qualify, we remove any remaining disputes to avoid any issue in underwriting.

We’ve been doing this since 2004, have an A+ BBB rating and are certified by the National Association of Credit Services Organizations (NACSO). We work in all 50 states and currently work with some of the biggest names in the real estate, mortgage and banking industries.

qualify for a mortgage

How to Qualify for a Mortgage
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 to book a phone appointment. We’ll call you on the day and time you select.

Central Pinellas Chamber Affinity Program Announced

The Central Pinellas Chamber of Commerce
& ERA Credit Services
Affinity Partners for Financial Services

Largo, FL- The Central Pinellas Chamber of Commerce Executive Committee has approved a new Affinity Partner Program with ERA Credit Services. ERA Credit Services is an independent Agent for Financial Education Services (FES). FES provides solutions to increase consumer credit scores, protect assets, and help consumers save money.

ERA Credit Services has an office in Clearwater and has been a Central Pinellas Chamber of Commerce member since 2015. Principal of ERA Credit Services, Shirley Guiducci, is Co-Chair of the Women’s Leadership Committee.

Through this new Affinity Program, ERA Credit Services will offer the Protection Plan Membership. The Protection Plan provides 12 services for consumers. 6 of these services combine as a powerful credit centric solution to restore, increase, monitor and protect a consumer’s credit score. Also included in the Protection Plan is a Will, Living Trust, & Medical and Financial Powers of Attorney.  In addition there is a service that alerts loved ones of the location of important documents, accounts and assets. And, there are services that help consumers save on Insurance, Travel, Prescription Drugs and Online Shopping.

Discount for Central Pinellas Chamber Members

There are approximately 25,000 Protection Plan Members nationwide. Both the Central Pinellas Chamber of Commerce and ERA Credit Services are excited to introduce this program at a discount. The $99 one-time activation fee will be waived for Chamber members, their employees, family and friends. The Protection Plan Membership is only $89/month. By utilizing the money savings services offered in the Protection Plan, Central Pinellas Chamber of Commerce members can save more than the monthly cost of the program.

Donation to
the Central Pinellas Chamber of Commerce

By enrolling in the Protection Plan, Chamber Members are also giving back to the Chamber. $12/month of each membership is being donated to the Central Pinellas Chamber of Commerce by ERA Credit Services.

For further information contact Shirley and Dale Guiducci at ERA Credit Services.
Phone- 727-222-0145 Dedicated phone line for Chamber members
Email- centralchamberaffinity@gmail.com
Website- www.centralchamberaffinity.biz

Central Pinellas Chamber Affinity Program Announced

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 click below.

tampa credit repair

 

San Diego Credit Repair

San Diego 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 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

san diego credit repair

 

San Diego Credit Repair

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. There are other credit score basics to learn.

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.
  • 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.
  • Your service starts immediately for a one time fee of $99.00 & 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 $89/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.

credit repair Florida