Credit Repair Counseling

Your credit score is derived from the varying factors in your credit file, including how extensive your credit history is, the number of open accounts, and the type of the items listed on your reports (loans, mortgages, public records, and others). From these factors, a three-digit number between 300 and 950 is produced. Lenders generally use your credit score in combination with other factors (such as income) to determine your credit worthiness.


Items with a negative classification can greatly damage your credit score.


Negative items include:
• Late payments
• Judgments
• Tax Liens
• Collections
• Bankruptcies, etc.


Your credit score is used to determine a creditor's risk in lending you money, this risk will be reflected in the interest rate you are offered. The best way to lower your interest rate is to improve your credit score. The most effective way to improve your credit score is to have questionable negative items removed from your credit reports.


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