Tag Archives: credit repair san diego

San Diego County Credit Repair

San Diego County Credit Repair

ERA Credit Services is the Clear Choice for
San Diego County Credit Repair

Serving San Diego County
Credit Repair Clients
Since 2012

san diego county credit repair
ERA Credit Services

Backed by an A+ Rating and Accreditation
by the Better Business Bureau

Backed by a certification from the
National Association of Credit Services Organizations

Keller Williams          Movement Mortgage

Century 21     Wells Fargo Home Mortgage

American Express Open

Credit Repair Partners
for Agents and Brokers
in these Companies
and More!

But Here’s What’s Really Important to Know

We dispute all your negative items immediately. Most companies do not. Most companies will purposely extend the time it takes to remove negative items from your credit report because they like your monthly fees.

Our goal is to get you the highest credit score as quickly as we can

While we are removing negative items from your credit report you are going to learn positive credit habits. We give you an online tool call Credit Builder. Credit Builder will show you multiple things you can do to increase your credit score.

We Provide All Our Clients
with Identity Theft Protection
from LifeLock

You Immediately have accurate
Online Credit Monitoring
with Smart Credit

You can Log In Online and See all the Services You Have
and Monitor the Progress of Your Credit Repair

No One Else Provides the Services We Do
and the Ease of Access to the Progress of Your Credit Score

To get started it’s a one-time $99 Activation and Just $89/month
for as long as you need the service.

That means you call the shots. Once you have achieved your goals, call us up and we’ll cancel your service

Call us today for a Free, no obligation phone consultation
to assess your specific situation and design a plan of action just for you.

We provide Discounts for multiple family members

Customer Support in English & Spanish

San Diego County Credit Repair

Credit Repair Services on Steroids!

Tampa StPete Clearwater ERA Credit Services

Credit Repair Services Can Be the Key to Home Ownership

Credit repair works really well. But credit repair alone may not get someone’s credit score to where they need it to be to qualify for a mortgage. The right type and number of positive trade lines is also necessary. Along with the right debt to limit ratios. If you want the job done right the first time, you want other credit repair services!

Most people that are excited about owning a home don’t see past buying a home. They forget about property taxes, maintenance costs, and other expenses that they didn’t have as a renter. A few years down the road the newness of owning a home wears off. Now they get concerned about other things like college expenses and retirement.

Our Credit Repair Services Help You Beyond Just Credit Repair

Credit Score Education – Know exactly what you can do to have the best score possible

Online Budgeting Tool to help you save as much money as you can for the future

Online Debt Payoff System helping you pay down balances and get out of debt faster

Identity Theft Protection – don’t have your score affected by thieves

A Credit Attorney to deal with the Bureaus if needed

Accurate Online Credit Monitoring

Don’t Pay for a Service That Doesn’t Do the Whole Job

Click the box above.
Pick a day and time that works for you.
We’ll need about 30 minutes.
We’ll talk to you about YOUR SITUATION.
We’ll give you reasonable expectations and time frames
Is it worth $89/month for a short term to own that home for the long term?
You’ll have everything you need to make the best decision

ERA Credit Services has been serving clients since 2012. We are proud to say that many of your clients are referred to us by real estate agents, mortgage professionals, bankers, the Chamber of Commerce, and other professionals. We’ve won their trust. Let us win yours!

Credit Repair Services on Steroids!
San Diego 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

 

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.

Not Just Credit Repair, Credit Restoration

Credit repair, the process of utilizing federal law to remove inaccurate, erroneous and obsolete items from a consumer credit report, has been around for decades. However, the industry is evolving. And our company is leading the way. We offer not just credit repair, we offer credit restoration.

Not Just Credit Repair

Credit Repair vs. Credit Restoration

What’s the difference? Credit scores are based on a number of variables. Therefore there are other ways of helping a consumer increase their credit score. We look at a client’s credit history and make recommendations of perhaps opening new trade lines or accounts that will positively affect their score. Paying down existing balances can have a dramatic affect on scores.

Not just credit repair, credit restoration

We educate clients and give them tools to help maintain and protect their credit as well as their identity, family, and finances.  We offer an array of services called the Protection Plan. And, we charge less than other companies charge for credit repair alone. It’s just $89 per month with one time account set up fee of $99.

Even if you just compare our credit repair service against others we have some big differences. We attempt to remove all derogatory or negative items immediately. Other companies slow the process down only so they can charge the client more fees.

We also provide our clients with online credit monitoring and identity theft protection with LifeLock. It’s all part of the package for the same price other companies charge for a slower credit repair process.

All of this is why major real estate brokers, mortgage companies, and banks choose to work with us so their clients get the best and fastest results possible. They choose us because they are looking for fast results for their clients. The choice is clear. If you need to increase your credit score, get in touch with us today!

Not Just Credit Credit

Credit Repair San Diego County – Get Far More for Less

You need to know 3 things when you’re looking for Credit Repair San Diego County

1) Most credit repair San Diego County companies do not dispute all your items right away. They’ll dispute only one or two derogatory items every 60 days. They drag out the process so that you end up paying a monthly fee for several more months than is necessary.

2) Most credit repair companies do not involve you in the process. They do not show you the items being disputed. Therefore, you don’t know what is being done or where you’re at. You have no way of checking your credit score on a regular basis to see if they are getting you the results you desire.

3) Most credit repair companies only do credit repair and do not help you with other services that could increase your credit score as well. Credit repair is a great service if done correctly. But it isn’t the only thing that can be done to increase your credit score.

So, you have two choices. You could call several companies and interview them. If you do this now, you know the questions you should ask them. See if you can find one that disputes all items right away. Try and find a company that will inform you every step of the way so you know you’re getting the best service possible. Ask if they provide other services that will increase your credit score as well.

Credit Repair San Diego County

Or, for credit repair San Diego County you could book a phone appointment with us. Click below. Look at our calendar and pick a day and time that works for you.

– Talk to a company that will fully explain the process to you right over the phone.

– We challenge all your derogatory items right away insuring you’ll get the fastest results possible.

– We will share with you how you’ll get online access to all the information about your account.

– We let you review the letters written about your negative accounts so you know what items are being handled.

– We also will provide other 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.

You will receive the best credit repair service available in America today for a one time activation fee of just $99 and only $89/month. In addition, you’ll have an online account showing you all your negative items and the results of those items as they occur. You’ll have online credit monitoring so you’ll see changes in your credit score and get pull your own credit anytime you like. You’ll also receive recommendations as to what you can do yourself to increase your score. And, you’ll have LifeLock to protect your identity and credit score. Again, for only $89/month.

ERA Credit Services is backed by industry experience since 2004 and an A+ rating with the Better Business Bureau.

San Diego Credit Repair

Credit Repair San Diego County – Get Far More for Less

Does Credit Repair Work?

Many consumers want to know if credit repair really works.

Does Credit Repair Work?Does credit repair work? Yes, it does. Or, more correctly stated, credit repair can work depending on many factors regarding the specific account(s) on a consumer credit report. In fact, the process of credit repair is dictated by the Federal Trade Commission in a law called the Fair Credit Reporting Act. The premise of this law is that creditors must verify the accuracy of the information they’ve previously placed on a consumer credit report.

Because this is a federal law, credit repair works for consumers in all 50 states. Therefore a consumer seeking credit repair in Tampa has the same rights under federal law as a consumer seeking credit repair in San Diego.

To learn the answer to the question, “does credit repair work?”, it’s vital to understand how credit repair works.

When a creditor places information on a consumer credit report there’s a chance the information is incorrect or will become outdated and incorrect over time as the status of the account changes. If the creditor doesn’t fix or update the information there must be a mechanism for the consumer to challenge that information and have it corrected. One of the main purposes of the Fair Credit Reporting Act is to give the consumer a resource and process to follow to have the information corrected.

In this process the creditor is under obligation by federal law to validate the information they have previously placed on a consumer credit report. If the account listed is erroneous or inaccurate the creditor must correct it. If the account is obsolete (more than 7 years from the date of the last activity or 10 years in the case of a bankruptcy) the item must be removed by the credit reporting agencies (Experian, Equifax, Transunion).

Here’s the key to understanding that consumers can potentially have items reported within 7 years removed as well.

If the creditor cannot or does not verify the information previously reported on that account within a 30 day period, the federal law requires that the credit reporting agency remove that account from the consumer’s credit report regardless of the age or status of that account.

What are some scenarios where the creditor cannot or does not verify the information previously reported?
– The creditor no longer is in business
– The creditor has sold the account to a collection agency and that collection agency does not have the complete or accurate information on the account
– The account is old (even if not yet 7 years old) and the creditor cannot locate the information or chooses not to
– The outstanding balance has since been paid, and therefore the creditor has no incentive to respond to the inquiry from the credit reporting agency

Does this mean that all derogatory or negative items will be deleted from a consumer credit report through the credit repair process? Certainly not. Here’s what will be:
1- Erroneous accounts
2- Obsolete accounts
3- Those accounts that the creditor does not verify as accurate when contacted by the credit reporting agency when that item is challenged

Credit repair is not a panacea or fix for all past credit problems of a consumer. But by going through this process it can clean up a consumers report and increase their score. It may give them enough of a credit score increase to qualify for a purchase and simply look more credit worthy to a future creditor.

Consumers considering this process should consult a professional company that has a successful track record and an A+ Better Business Bureau consumer rating. They should also seek a company that will educate them and make specific recommendations on what they can do to increase their score and keep that score as high as possible in the future.

does credit repair work?

 

Paying Monthly for Credit Repair?

If you are paying monthly, or are considering paying monthly for credit repair, this is great information for you. Credit repair or credit restoration, as we like to call it, is the process of removing obsolete, erroneous, and other items that the creditor does not verify as listed accurately on a credit report, from that credit report. The result of going through this process in most cases is an increase in a credit score, sometimes a significant increase.

You, as a consumer can go through this process yourself. That is how the law is set up. However, it is not as simple to Paying Monthly for Credit Repairdo as the credit reporting agencies (Experian, Equifax, and Transunion) make it seem. First, you’ll need to have a copy of your credit reports. You can receive a free credit report from all three credit bureaus at www.annualcreditreport.com

Ultimately, if you decide that you do not have the knowledge, expertise and time to go through this process on your own you can enlist the services of a company to do it for you. Presumably a company that focuses on providing credit repair for consumers has a much better chance of success with the process in addition to saving you time.

How companies charge for their credit repair services and why.

The majority of companies in this industry charge monthly fees to provide the service. The intent by these companies is to make it appear more affordable. However, in many cases it can be more costly while paying monthly for credit repair.

Most credit repair companies that have you paying monthly for credit repair will not dispute all of your derogatory items immediately.

They will only dispute a small percentage of them initially. The process of contacting the credit reporting agencies, then those agencies contacting the creditors reporting those derogatory items, and getting a response back takes about 45 days. However, in most cases you will not be made aware of this time frame nor will you have access to information about how many items are being addressed, or when this first process has ended. It’s quite possible that the credit repair company may choose to take much longer to go through this first phase of the process.

The credit repair company hopes to provide some level of success so you will continue to pay the monthly fee. But if they don’t have any success initially how will you know? Then the credit repair company will address the items that were not removed initially, and address more remaining items, but not all. By the time they address the next set of items you could be going into your 4th month of service. This process is repeated over and over again until all items are eventually addressed.

Credit repair companies charge a wide array of monthly fees ranging from typically $60 per month to over $100 per month. These companies also typically charge a set up fee. Usually the higher the set up fee the lower the monthly fee, but not always.

Contracting a company to provide you with credit repair in this manner can cost well over $1,000 and take a very long time, a year or more. But there is an alternative!

Our company addresses all items immediately. Our goal is to remove as many items as possible and increase your score as quickly as we can.

The reason we do business this way is because, in addition to working directly with consumers, we also have relationships with companies in industries that need credit worthy clients such as real estate, mortgage, banking, automobile dealers, solar companies, and more. In order to help them get people qualified to purchase through these companies and their agents we have to perform quickly. We have to show these companies that we can get a client of theirs in a position to buy from them as soon as possible.

We also report everything we’re doing to our customers though an online portal that we set up usually within 24 hours of the customer starting with us. You’ll see every derogatory item you have with all 3 credit bureaus and can follow the progress including dates of when these items are addressed. We also send you the correspondence that goes to the credit agencies. You are informed in every step of the process.

Paying Monthly for Credit Repair – Our Program

Our monthly fee program is $89.00 per month after a one time activation fee of $99.00. Your first payment to us is $188.00. However, with our monthly program we also offer online credit monitoring so you can see the change in your credit score and credit report 24/7. We also provide identity theft protection through LifeLock and additional services as well. And remember, we dispute all your items immediately. All for $89.00 a month.

Give us a call. We’ll discuss your specific situation and walk you through how it all works free of charge. You can choose which payment option is best for you. Then you can monitor everything we’re doing for you 24/7.

We have offices in San Diego, CA and Clearwater, FL. However, we work with clients from all 50 states.

paying monthly for credit repair

 

Paying Monthly for Credit Repair?

San Diego Credit Repair – How to Choose the Best Credit Repair Company in San Diego

So, you used Google or YahooSearch to find a San Diego credit repair company and you’ve found many. How do you choose which ones to even call? Every one of them tells you they’re the best and most effective. Here are some tips that will help you sift through all the marketing hype.

Big National Credit Repair Company vs.
a Local San Diego Credit Repair Company san diego credit repair company

This can be a tough choice. It’s seems a good thing to work with a local company. But you have to beware of local companies. Many local San Diego credit repair companies are one person operations that have limited resources in their abilities and have no backup should something happen to that one person such as illness, vacation, closing their business and worse. What happens to your account and money? The national companies typically have poor or no personal customer service. And, what’s your recourse should you not get the results you’re looking for?

Solution– Our company is local and national. We have the personal customer service you should expect from a San Diego credit repair company. However, if something should happen to us locally you have a national company with 14+ years experience and phenomenal customer support backing us up. You get the best of both worlds. And, you get our Customer Satisfaction Guarantee that will be honored no matter what happens to us locally.

Pricing– This really comes down to overall cost. What you need to be aware of is that most companies will not address all your negative items immediately. They do this with one goal in mind. That’s to keep you paying monthly fees longer. We do business differently. We address all items immediately. Our goal is to get you the highest credit score as quickly as we can. Why? because you’ll get great results and save money. Then you’ll tell people about us. Also, we do business with many of the top real estate and mortgage companies in San Diego. They want us to get that client qualified as soon as possible. We charge a $99 account set up fee and just $89/month.

How Can You Stay Informed About the Progress of Your Credit Restoration?

Most companies, once you sign up with them, do not communicate with you after that unless you call them. You do not see what they are doing nor see the results on a regular basis. How will you know what’s going on with your account? What are you getting for your money? In fact, they hope you forget you even signed up for the service so they don’t have to keep you informed or worry about your satisfaction.

Solution– When you begin service with our company we analyze your credit reports and upload all your derogatory items to an online, password protected account. You can then log in 24/7 and see your items and then follow the progress of what items have been deleted, upgraded to paid as agreed, and what items remain for us to work on for you. You are not in the dark. You see us working for you every step of the way.

For more information and an assessment of your specific situation

ERA Credit Services

Call 619-492-3040
Email us at info@eracreditservices.com

Boomerang Buyers – San Diego Real Estate Market

Chances are that you have never heard of boomerang buyers before. Boomerang buyers are former home owners who have gone through a short sale, foreclosure, or bankruptcy in the past few years and are saving up for a down payment to purchase a home again—are coming back. Of course, one of the issues these people face is repairing their damaged credit and getting their score back up to be able to qualify for a mortgage.

Boomerang Buyers

I recently had an opportunity to discuss this topic with one of the top real estate professionals in San Diego, David Demangos.  As a tenacious and powerful Keller Williams Real Estate Agent, David’s desire is to help his clients buy and sell residential real estate. He is known as San Diego’s “go-to guy” and is extremely well networked. David connects local business people, building relationships, resulting in repeat referral business for one another. His leadership and management skills shine through.

Boomerang Buyers Are Re-Entering the Market in San Diego

David recently sold a home to a nice man who short-sold his home, built his credit back up and purchased a new home in just around twenty five months. Boomerang buyers are expected to flood markets in some of the hardest hit areas for short sales and foreclosures in the coming years. They are predicted to account for nearly one in every five home sales in the certain metro areas this year such as San Diego.

Rising rents and the desire to own again now that the economy is more stable are driving many boomerang buyers to re-enter the market. They also want to jump in before interest rates and home prices climb too much higher.

How Soon Can Boomerang Buyers Jump Back Into the Real Estate Market?

But how soon they can jump back in will depend on the type of loan they had as a previous home owner. According to my trustworthy lenders, boomerang buyers who had FHA loans may need to wait only three years if they can prove that a hardship, such as job loss or death of a wage earner, led to their foreclosure or short sale.

Borrowers have typically been required to wait five to seven years to qualify for another loan, but mortgage giants have begun to change their rules to allow home owners who underwent a foreclosure or short sale to qualify sooner. Those who underwent a short sale will likely qualify the soonest. However, not all lenders are participating, so borrowers will need to shop around. David is well equipped to refer people to lenders who can help.

Freddie Mac’s wait time is usually four years following a short sale or deed-in-lieu, and seven years after a foreclosure. Fannie Mae may require a seven-year wait for a foreclosure, but only a two-year wait following a short sale as long as the borrower can provide a 20 percent down payment.

Credit Score Implications for Boomerang Buyers

However, for all these people their credit score is going to be an issue. David and I agree that the first step anyone who wants to “boomerang” back into the market must take is to check their credit score and determine the gap, if any, between that score and a score that will qualify them for a loan.

Between David Demangos and me, Dale Guiducci of ERA Credit Services, we can help you step through the process of getting in position to be a boomerang buyer.

Who do you know looking to buy, sell or invest in real estate? Call:

David Demangos
Keller Williams Realty
Cell:  858.232.8410
Realtor® BRE# 01905183
San Diego Real Estate Area Expert / Green Specialist / ALC Committee
www.awesomesandiegorealestate.com

LABELS: BOOMERANG BUYERSFORECLOSURES IN SAN DIEGOHOMES FOR SALE IN SAN DIEGOSHORT SALE HOMES IN SAN DIEGO, credit repair in san diego, san diego credit restoration