Category: Credit Restoration

<img class="blog_post_image" src="https://eracreditservices.com/wp-content/uploads/2017/07/First-Time-Homebuyers-Low-Credit-Score-625x415.jpg" alt="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
Repair Credit Now – Fast & Effective

Repair Credit Now – Fast & Effective

Repair Credit Now – Fast & Effective

Today our credit score is like a vital sign of our financial health. A low credit score can cost thousands of dollars in higher interest payments and deposits. And, can prevent us from buying a home, refinancing a home and generally moving our lives forward. So what can we do? What most people don’t know is that they can repair credit.

Some people decide to repair their own credit. Just as they can represent themselves in court, paint their own home, or install their own carpet. The credit bureaus would like you to think that you can repair credit directly through them yourself. But most that attempt it aren’t successful because it requires expertise. It must be done via the Fair Credit Reporting Act. If it is not, the credit bureaus can reject it outright.

That’s where a professional credit repair company with years of experience and legal expertise comes in. Our company has helped over 250,000 clients since 2004 repair their credit. We are experts at removing derogatory items from a consumer’s credit report.

However, we also educate the client on what they can do to increase their score as well. This knowledge will benefit them for the rest of their lives. In addition, we protect a client’s credit score with identity theft protection. We provide our clients with real-time online credit monitoring so they can see the progress of their credit score.

Our clients see results in most cases in as little as 60 days. We continue to repair credit until they have reached their ultimate credit score.

What consumers need to understand is that their credit score won’t fix itself. If they have the time to learn how to repair credit themselves then that’s what they should do. However, if they want a professional to repair credit for them for a one-time activation fee of $188 and just $89/month, then they need to call us.

Start Repairing Your Credit in Just 15 Minutes
for Less Than $3 a Day!

STOP putting up with a poor credit score,
not qualifying for the things you want, and having that negative feeling…

WE GIVE YOU 4 OPTIONS

Option 1- Call us at 727-222-0120

Note- we are super busy helping our clients. If you get our voice mail please leave a good time to contact you. Thanks!

Option 2- Input your info and we’ll contact you within 24 hours

Option 3- Click below to Choose the Day & Time You’d Like Us to Call

AND, we’ll take $50 off when you book an appointment!


Appointment Calendar is Set for Eastern Standard Time

Option 4- Click to Enroll NOW!

tampa bay area credit repair

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’re backed by an A Better Business Bureau rating and are accredited by the BBB.
  • At ERA we are backed by a NACSO certification.
  • Every negative item we find on your credit reports will be addressed right away to get you results in as little as 45 days.
  • We’ll 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.

Book a Phone Appointment Right Now!

Or visit the Credit Repair page on our website to read more about our specific services.

<img class="blog_post_image" src="https://eracreditservices.com/wp-content/uploads/2017/06/credit-repair-companies-625x415.jpg" alt="Credit Repair Companies
How to Pick the Best One" />
Affordable Credit Repair Tampa

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. We provide our 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. We protect your identity with PrivacyArmor®. 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 we obtain copies of your credit reports. We run an analysis and find all items that are negatively impacting your credit score. We 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. We provide you with a no cost, no obligation phone review. Our experts will tell you exactly what credit repair is and what it does. Then we 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 Plan 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 top Tampa Bay real estate and mortgage professionals have clients that need to increase their credit score to qualify for a home mortgage they refer those people to ERA Credit Services.

Start Repairing Your Credit in Just 15 Minutes
for Less Than $3 a Day!

STOP putting up with a poor credit score,
not qualifying for the things you want, and having that negative feeling…

WE GIVE YOU 4 OPTIONS

Option 1- Call us at 727-222-0120

Note- we are super busy helping our clients. If you get our voice mail please leave a good time to contact you. Thanks!

Option 2- Input your info and we’ll contact you within 24 hours

Option 3- Click below to Choose the Day & Time You’d Like Us to Call

AND, we’ll take $50 off when you book an appointment!


Appointment Calendar is Set for Eastern Standard Time

Option 4- Click to Enroll NOW!

tampa bay area credit repair

Tampa Credit Repair Agencies

When searching for Tampa credit repair agencies you’re going to have a lot of choices. You can take the easy route and call the first one listed on Google. Or, if you know what to look for, you can take an extra few minutes to visit the company website and determine if the company has the key factors of a great company.

What are the keys to a company providing the best credit repair services in Tampa? And, what questions should you ask when contacting Tampa credit repair agencies?

– How long has the company been in business? Central Pinellas Chamber of Commerce Member
– Do you have the opportunity to talk with someone that can explain the law and process of credit repair to you? Or, are they just trying to get the sale?
– Can you see credit repair services reviews on their website or Yelp page?
– Do they work with real estate agents, mortgage brokers and banks in the Tampa area? This is a key indicator. If professionals in these industries trust them to help their clients that’s a good sign.
– Are they knowledgeable and do they explain the process to you?
– Do they ask you about your situation and explain how they can help YOU. Or, is it a one size fits all approach?

Questions You Should Ask

– Will they challenge all the negative items right away? That’s what you want. Or, do they drag it out costing you time and money?
– Do they educate you about what makes up a great credit score and make recommendations on what you can do to help raise your credit score as well?
– Will you have online access to your account so you can monitor your progress?
– Can you see what items they are handling for you and when?
– Do they provide live Customer Support that you can call and ask questions?
– Does the company give you with online access to your credit reports and credit scores so you can see what’s happening with your score?

What do Tampa Credit Repair Agencies Charge?

For every one of the Tampa credit repair agencies you call it’s going to be very different. There is typically a start up fee to get your account going. But if you’re paying $100 or more per month, that’s too much. In addition, if you have to sign a contract beware. That typically means that you’ll be locked into a specific time you’ll have to pay for their services. The time it takes to repair your credit will vary based on your situation. It could take as little as 60 days so don’t sign anything that forces you to pay for any length of time.

For experienced and knowledgeable credit repair service in Tampa and the Tampa Bay area call us at ERA Credit Services. We provide a no obligation, very informative phone consultation. You’ll know exactly how credit repair works under federal law. And, you’ll know if credit repair is going to work for your specific situation.

We have been in business since 2004 and are backed by an A+ BBB rating. We provide a Customer Satisfaction Guarantee. Professionals from Keller Williams, BB&T Bank, Charles Rutenberg Realty and many others confidently call upon us to assist their clients.

Start Repairing Your Credit in Just 15 Minutes
for Less Than $3 a Day!

STOP putting up with a poor credit score,
not qualifying for the things you want, and having that negative feeling…

WE GIVE YOU 4 OPTIONS

Option 1- Call us at 727-222-0120

Note- we are super busy helping our clients. If you get our voice mail please leave a good time to contact you. Thanks!

Option 2- Input your info and we’ll contact you within 24 hours

Option 3- Click below to Choose the Day & Time You’d Like Us to Call

AND, we’ll take $50 off when you book an appointment!


Appointment Calendar is Set for Eastern Standard Time

Option 4- Click to Enroll NOW!

tampa bay area credit repair

Tampa Credit Repair Agencies

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 PrivacyArmor. 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.

Start Repairing Your Credit in Just 15 Minutes
for Less Than $3 a Day!

STOP putting up with a poor credit score,
not qualifying for the things you want, and having that negative feeling…

WE GIVE YOU 4 OPTIONS

Option 1- Call us at 727-222-0120

Note- we are super busy helping our clients. If you get our voice mail please leave a good time to contact you. Thanks!

Option 2- Input your info and we’ll contact you within 24 hours

Option 3- Click below to Choose the Day & Time You’d Like Us to Call

AND, we’ll take $50 off when you book an appointment!


Appointment Calendar is Set for Eastern Standard Time

Option 4- Click to Enroll NOW!

tampa bay area 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 you may search online for a solution and call a credit repair company. All San Diego credit repair companies will tell you that they’ll attempt to remove negative items from your credit report. But will they address all derogatory items immediately? Will they give you online reporting to so you can monitor the progress of your account? And, will they provide other services to help increase your credit score? These are the questions you should ask. But we already know that the answer is “no”.

Your credit score is not just based on negative items on your report. You need an overall 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. And, you can track it all online, 24/7.

If You’re Rushed for Time Watch a Brief Video on San Diego Credit Repair

The San Diego Credit Repair Plan

We give you a full and complete credit repair plan. We start with credit repair. We’ve been a top rated San Diego credit repair company since 2012. We have become the company of choice for real estate companies, mortgage companies and banks for credit repair in San Diego.

Online Reporting 24/7

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. Because we get the majority of our business from referrals from business professionals we need to act as quickly as possible.

A Credit Repair Plan of Action – Credit Builder

What about other steps you can take to increase your score? We give you a plan of action called Credit Builder 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.

Real-time Online Credit Monitoring

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? Free services like Credit Karma do not give you all 3 credit bureau reports. Nor are they reported in real-time. We give you that.

Identity Theft Protection

We then protect your identity through PrivacyArmor. 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.

Debt Utilization

What about your existing debt? Debt utilization is a major factor in calculating your credit score. If appropriate, we give you a plan to pay down that 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.

Selective Credit Score Services

If you currently are a renter of a home or an apartment we can talk to you about adding your monthly rental payment to your Transunion credit report. This will add another positive account to your history this increasing your score. We also have a secured credit card program if you need help adding positive accounts or what’s called trade lines. The more positive accounts you can show the higher your credit score will be.

Start Repairing Your Credit in Just 15 Minutes
for Less Than $3 a Day!

STOP putting up with a poor credit score,
not qualifying for the things you want, and having that negative feeling…

WE GIVE YOU 4 OPTIONS

Option 1- Call us at 619-492-3040

Note- we are super busy helping our clients. If you get our voice mail please leave a good time to contact you. Thanks!

Option 2- Input your info and we’ll contact you within 24 hours

Option 3- Click below to Choose the Day & Time You’d Like Us to Call

AND, we’ll take $50 off when you book an appointment!


Appointment Calendar is Set for Eastern Standard Time

Option 4- Click to Enroll NOW!

tampa bay area credit repair

This post was originally published in January of 2017 and was been updated for freshness, accuracy, and comprehensiveness in October of 2018.

San Diego Credit Repair
Start a Credit Repair Business in New York

Start a Credit Repair Business in New York

According to statistics there are well over 2 million consumers in the state of New York that have a 599 credit score or lower. Therefore many people in New York that want to purchase a home cannot qualify due a low credit score. If you want to start a business, a good option is to start a credit repair business in New York.

However, state and federal laws along with competition from large, experienced companies make it difficult. To start a credit repair business in New York on your own is even harder.

You’ll also need a minimum $10,000 to invest in your business to do it professionally and legally. So, what’s the alternative?

Start a Credit Repair Business in New York with ERA Credit Services & Partners

Here are some of the advantages of becoming an Independent Agent with us:

Leverage the infrastructure and service delivery capabilities of a national company that has an A+ rating and is accredited by the Better Business Bureau. You can also have a National Association of Credit Services Organizations certification behind you.

Be a part of a company that has already been in business since 2004 allowing you to utilize our experience and stellar reputation.

No need to go through state and federal regulations and requirements. We have already satisfied all regulations with the state of New York and all 50 states, and federal FTC regulations. Therefore you could start doing business immediately. You can start a New York credit repair business but also build it throughout country.

Take advantage of our flexible online training program and weekly live training that fits into your schedule.

And, you could start a credit repair business in New York for less than $300

This opportunity is available now. After you do some research on your own to see if this is a good fit for you you can talk directly with me, Dale Guiducci. We’ll get all your questions answered. And, I’ll explain what it takes to build a successful credit repair business based on my experience since 2012.

I will teach you exactly what I did to build this business. I am looking for serious entrepreneurs to start a part-time credit repair business and move into a full time career. Or, those who want to begin a lucrative and rewarding full time credit repair business right away.

You’ll also have the opportunity to leverage our experience and learn how to build a successful New York credit repair business. We have developed our credit repair business in many areas across the country and we are looking for someone to start a credit repair business in New York.

If this is of interest go to https://eracreditservices.com/credit-repair-business-opportunity/ and watch the video located there. It will give you detailed information on our credit repair business model and company.

Then you’ll see how to book a phone appointment with us on the date and time you choose. We look forward to talking with you.

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.

To learn more or find out about our credit repair service book a free, no obligation phone appointment with us.

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 as well as nationwide.