CREDIT FACTS
WHAT IS A CREDIT SCORE?
A credit score is a number generated by a mathematical formula that is meant to predict credit worthiness. Credit scores range from 300-850. The higher your score is, the more likely you are to get a loan. The lower your score is, the less likely you are to get a loan. If you have a low credit score and you do manage to get approved for credit then your interest rate will be much higher than someone who had a good credit score and borrowed money. Therefore, having a high credit score can save many thousands of dollars over the life of your mortgage, auto loan, or credit card.
CREDIT INGREDIENTS
CREDIT FAQS
We will help you to dispute negative inaccurate items on your credit history.
We will show you how to maximize your debt ratio score, even if paying off credit cards is not an option.
We can also help you to remove credit inquiries from your credit report. Most people are aware of the three credit reporting bureaus, Equifax, Experian, and TransUnion. The average difference in scores between the highest and lowest of your credit scores, from the three bureaus, is 60 points. This is the result of the credit bureaus having different items on their report, which may be correct, incorrect , or are not reported in full compliance with credit law. According to a recent study, nearly 80% of all credit reports have serious errors on them and this does not even include the even smaller errors for which we look.
In addition to starting the credit dispute process with you, what can I do to help raise my credit score?
Pay all of your bills on time, every time. This includes your utility bills, mortgage and auto payments, and all of your revolving lines of credit like credit cards. Check your credit report at least once a year. You can find out how to challenge bad information on your credit report here.
Never charge more than 30% of the available balance on any of your credit cards. Banks like to see a nice record of on-time payments, and several credit cards that are not maxed-out. If you are carrying high balances on your credit cards, then make paying them down below 30% a priority. Do use your credit cards – Many people who make mistakes with their credit believe that the best way to fix things is to never use credit again. If you are afraid that you cannot handle your credit cards correctly then the best policy is probably this one: Run only your utility bills on your credit cards each month, and then pay the balance in full by the due date. This ensures that your utility bills get paid on time automatically, and as long as you keep the habit of paying off your credit card balance each month your score will continue to go up. Leave the credit cards locked in a safe or drawer at home.
Keep your accounts open as long as possible – Even if you are no longer charging on the card. The best policy is to keep those unused accounts open, blow the dust off your card every few months to make a small purchase, then pay it off. How long each of your accounts have been active is a major factor in your credit score.
Remember that this all takes time – Following the above steps consistently over a long period of time will increase your credit score and allow you to qualify for better loans and lower interest rates. Repairing your credit score does not happen overnight, so if you do these things for a few months and do not see a large increase in your score, do not give up. They are all habits that you will want to maintain throughout your life, as they will help you to keep your finances and lines of credit under control.
How long will certain items remain on my credit file?
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Delinquencies (30- 180 days): A delinquency may remain on file for seven years; from the date of the initial missed payment.
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Collection Accounts: May remain seven years from the date of the initial missed payment that led to the collection (the original delinquency date). When a collection account is paid in full, it will be marked as a "paid collection" on the credit report.
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Charge-off Accounts: When a delinquent account is sent to a collections company. This will remain for seven years from the date of the initial missed payment that led to the charge-off (the original delinquency date), even if payments are later made on the charge-off account.
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Closed Accounts: Closed accounts are no longer available for further use and may or may not have a zero balance. Closed accounts with delinquencies remain for seven years from the date they are reported closed, whether closed by the creditor or by the consumer. However, the delinquency notation will be removed seven years after the delinquency occurred when pertaining to late payments. Positive closed accounts continue to be reported for ten years from the closing date.
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Lost Credit Card: If there are no delinquencies, credit cards reported as lost will continue to be listed for two years from the date the creditor is contacted. Delinquent payments that occurred before the card was lost are reported for seven years.
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Bankruptcy: Chapters 7, 11, and 12 will remain on one's credit report for ten years from the filing date. A Chapter 13 bankruptcy is reported for seven years from the filing date. Accounts included in a bankruptcy will remain for seven years from the date reported as included in the bankruptcy
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Judgments: Remain seven years from the date filed.
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City, County, State, and Federal Tax Liens: Unpaid tax liens remain for fifteen years from the filing date. A paid tax lien will remain on one's score for 10 years from the date of payment.
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Inquiries: Most inquiries listed on one's credit report will remain for two years. All inquiries must remain for a minimum of one year from the date the inquiry was made. Some inquiries, such as employment or pre-approved offers of credit, will show only on a personal credit report pulled by you.
Information that cannot be in a credit report:
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Reported information on your credit report that is not found to be accurate and removed per the FCRA laws!
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Medical information (unless you provide consent)
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Notice of bankruptcy (Chapter 11) more than ten years old
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Debts (including delinquent child support payments) more than seven years old
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Age, marital status, or race (if requested from a current or prospective employer)
Is credit repair legal?
Yes, credit repair is legal, and Credit Fix JOE™ utilizes credit education and document processing services in accordance with "The Fair Credit Reporting Act" (FCRA). This law empowers you to dispute any item on your credit report, and if unverified within 30 days, it must be removed. Our skilled team is proficient in preparing documents that challenge discrepancies.
Is credit repair worth my precious time and money?
Absolute 100%. Credit Fix JOE™ believes credit repairing works, especially if guided by experienced professionals. Individuals with a credit score below 720 can benefit long-term from our advice and information. While we can help in most circumstances, limiting factors include your financial situation and time frame. Remember, higher scores equals lower rates and huge savings for you.
What can I expect after I enroll in Credit Fix JOE's Credit Restoration?
Credit Fix JOE™ guides you through the credit improvement process, preparing all necessary documents. Our deep understanding of credit scoring, coupled with experience working with creditors and bureaus, ensures effective communication. We've mastered the laws that aid in removing negative information, offering a flawless experience and backed by our industry first 100 Day, 100% money-back guarantee. See www.creditfixjoe.com/guarantee for complete details.
What is the Credit Fix JOE™ 100 Day, 100% Money Back Guarantee?
You are entitled to a 100% refund* on all monies paid to Credit Fix JOE™ after 100 days IF; your credit score hasn't improved; AND:
• You have/had no gap in monthly service fees paid to Credit Fix JOE™ or its Partners.
• You have/had no gap in monthly service fees paid to our required access partner CreditHeroScore.com since signing up.**
• You have/had at least some negatives on the credit report at the time of sign-up.
• You haven't created new credit, or added any secured or unsecured debt since signing up.
• You haven't caused a new negative, credit related, albeit intentional or not since signing up.
• You haven't missed any payments on any debt since signing up.
• You haven't signed up with a financial counseling company or the likewise.
• You agree to send Credit Fix JOE™ updated reports from the three credit bureaus within 5 days of receipt.
You should receive updated credit reports every 15-45 days.
Please make us aware if updated reports have not been received.
*You may cancel both Credit Fix JOE™ & CreditHeroScore.com's services at any time by contacting us via to: info@creditfixjoe.com, or call us at 509-342-7775. At the point of refund request, the terms of the Credit Fix JOE™ 100-Day Guarantee must be first met for the refund to be valid. No exceptions. There is no prorated refunds.
**CreditHeroScore.com™ The $19.95 monthly membership fee must remain active during the first 100 days since signing up with Credit Fix JOE™ for the refund to be granted.
Credit Fix JOE™ reserves the right to modify its refund policy.
Will the removed items come back?
Items cannot come back as long as the item is current or paid at the time of removal or if the collection is older than three years. This holds true except in very rare circumstances.
What items can you help me to remove and improve?
Credit Fix JOE™ has successfully assisted clients with bankruptcies, foreclosures, collections, charge-offs, repossessions, medical bills, credit card debt, inquiries, late payments, old addresses, judgments, tax liens, student loans and more. Remember, our focus is simple, nothing has to stay for any period of time but what they have to do is maintain your report in an accurate manner or update it within 30 days. That is our core principal.
Have a Question You Can't Find an Answer to?
Credit Fix JOE™ is readily available on many platforms for your convenience. Don't hesitate to reach out and ask questions! e-Business Card Link
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How much is Credit Fix JOE's credit repair?Short Answer: $100/month + tax Long Answer Short: 1) Credit Fix JOE™ Membership Fee is: $80.00/month + tax 2) CreditHeroScore™ Membership Fee is: $19.95/month + tax Long Answer Longer: CreditHeroScore™ is one of 7 credit access companies we use to securely pull and manage your credit with all 3 major credit bureaus; Equifax, Experian and TransUnion. They are the preferred credit access company due to being the best overall value and they are fully integratabtle into our 256 bit encrypted, cloud credit repair technology. Both memberships are needed for Credit Fix JOE™ to perform Credit Repair co-op. Both have no contract and can be cancelled at anytime. See www.creditfixjoe.com/terms for details.
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What is CreditHeroScore™Secure Credit Access Partner: Our trusted partner, CreditHeroScore.com, ensures the secure credit access vital for Credit Fix JOE's repairing process. Their subscription, priced at $19.95/month + tax with no contract and easy one-click cancelation, offers a range of free benefits, including $1 million Identity Theft Coverage and White Glove Restoration by AIG, along with locking services for all three major credit bureaus. This partner subscription is mandatory to maintain ongoing access and communication with the bureaus. Once our job is done, continuing service with CreditHeroScore.com is common after Credit Fix JOE's job is done to continually assist in protecting that now great credit. Is an optional program after Credit Fix JOE™ services are complete. See www.CreditHeroScore.com for their terms and conditions.
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What states are you able to render services thru currently?Washington State only at this time due to licensing and Insurance restrictions. More states to come very soon!
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How fast is credit repair?Well... we are as fast, if not faster than any other option. We will give your money back even if you meet our 100 Day, 100% money back guarantee! See www.creditfixjoe.com/guarantee for terms and conditions of guarantee or call/text/chat with us about specific questions.
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Does Credit Fix JOE™ do debt consolidation?NO! We do credit restoration and free credit advice