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20 Cards in this Set
- Front
- Back
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3 Credit Bureaus |
Experian Equifax TransUnion |
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C.R.O.A |
Credit Repair Organization Act |
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Credit Scholar |
anyone there to guide through the credit repair process |
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Monthly Report Card |
consumer will receive every month provides results, update, progress |
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Credit Profile |
what we want consumers to achieve we get this from the credit monitoring service
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What items can be worked on |
Credit Collection Foreclosure Repossessions Public Records Bankruptcy Tax Liens Judgement |
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What do we delete |
we will exhaust all of our efforts to delete/repair inaccurate, incomplete, unverifiable, and or obsolete info from your report with credit bureaus |
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Who do we contact |
Credit bureaus Creditors Collection Agencies State Original Creditor |
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What are the three packages and how much |
Book Warm $299 Scholar $299 Over Achiever $399 |
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Book Worm |
Learn where you need to improve Free Credit Analysis and Consultation The foundation for maintaining an A+ credit score |
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Scholar |
Audit + Deletions* + Repair Free Credit Analysis and Consultation Full credit assessment and advice Credit Scholar - your live go-to person with questions and concerns Monthly email which includes your credit “Report Card” with all your deletions and repair updates Access to Customer Portal |
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Over Achiever |
Expanded Audit + Strategic Planning + Deletion(s)* + Repair Includes everything from “The Scholar” packageMonthly email which includes your “Enhanced Report Card” for a more in-depth evaluation with deletion(s) & repair updates A blueprint that combines the fundamentals of basic budgeting and credit responsibility The foundation for maintaining an A+ credit score |
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Credit History |
anything on credit report from past |
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Restoration |
Who we are, bring back peoples credit |
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Credit Score Factors |
30% amounts owed 35% payment history 15% length of credit history 10% new credit 10% credit mix |
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Payment history 35% |
When calculating the score the most important factor is based upon payment history and payment of passed debt |
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Amounts owed 30% |
Utilization of available credit on your credit card makes up 30% of the score It is recommended that the balance of each card does not exceed more than 20-40% of the credit limit Ex: $1000 credit limit do not spend more than $200 |
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Length of Credit History 10% |
the length of each account that is active and open a long credit history is how lenders determine your financial behavior |
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New Credit 10% |
Opening too many credit lines at one time should be avoided this behavior can imply that the borrower is in financial trouble and is in need of access to a lot of credit |
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Types of Credit 10% |
having a variety of credit accounts indicate that you are able to balance your financial efficiently by having a good mix |
