"The Fair Credit Reporting Act, 15 U.S.C. § 1681 (“FCRA”) is U.S. Federal Government legislation enacted to promote the accuracy, fairness, and privacy of consumer information contained in the files of consumer reporting agencies. It was intended to protect consumers from the willful and/or negligent inclusion of inaccurate information in their credit reports. To that end, the FCRA regulates the collection, dissemination, and use of consumer information, including consumer credit information. Together with the Fair Debt Collection Practices Act ("FDCPA"), the FCRA forms the foundation of consumer rights law in the United States. It was originally passed in 1970, and is enforced by the US Federal Trade Commission, the Consumer Financial Protection Bureau and private litigants." -- Wikipedia - Fair Credit Reporting Act
Several studies over the past 15 years have documented mistakes in credit reports. However, a recent study conducted by the National Association of State Public Interest Research Groups, is the most alarming yet. It discovered that 79 percent of all credit reports contain some type of error - and 25 percent contain such serious errors that those individuals could be denied credit. “Credit repair services” like ours at We Raise Your Credit Score aim to remove these inaccuracies on your credit reports on your behalf. The removal of these errors, misrepresentations, outdated and/or unverifiable information from your credit reports leads to a higher credit score for our clients.
Tailored To Fit Your Credit Needs
We understand knowing what our services cost is important. Everyones credit restoration needs are different and therefore we custom design a program for each individual client. Your credit score is the main determining factor in calculating the interest rates you pay for mortgages, auto loans, credit cards, lines of credit, apartment renting, and more. The cost for our services to Raise Your Credit Score start at $500 onetime fee and guaranteed to potentially save you hundreds of dollars a month in interest payments.
WHY CREDIT MATTERS
Raise Your Credit - Change Your Life.
Credit affects EVERYTHING in life. Lenders and Businesses view your credit score to be the main determining factor in deciding whether or not they should do business with you and if so on what terms. Having a low credit score leads to being charged a higher interest rate for loans and product financing or simply being denied the loan because the lenders feel doing business with you carries a higher risk factor. Let us help you Raise Your Credit Score so you end up spending a lot less money over the life of your loans.
Five Main Factors In
Determining Your Credit Score
Payment History - 35%:
The most important component of your credit score looks at whether you can be trusted to repay money that is lent to you.
Amounts Owed - 30%:
The second-most important component of your credit score is how much you owe.
Credit History Duration - 15%:
How long have you been borrowing and paying back matters more than you think.
New Credit - 10%:
How much have you recently borrowed or tried to borrow.
Types of Credit - 10%:
What exactly have you borrowed money for also matters.