Computer with credit score application on a screen

What You’ve Always Wanted to Know About Credit But Could Never Get A Straight Answer On.

All your questions answered on all things credit score.

What is a Credit Score ?

 A credit score is a two year projection of your ability to pay your bills.  Credit Scores generally range between 350 – 850.

The Credit Bureaus: There are three major credit bureaus commonly used in the United States today.
  • Equifax
  • Experian
  • Trans Union
How A Credit Score is Calculated


  • Payment History   35%
  • Amount of Money Your Report Shows You Owe   30%
  • Length of Your Credit History  15%
  • Types of Credit Currently Use  10%
  • New Credit and Inquiries  10%
Little Known Information About Collections
  • Before an account is charged off it will be held for six months by the original creditor.
  • When a company charges off an account they write a large percentage of the debt straight off the top of their taxes.
  • The account is purchased by a collection company.
  • The original company has collected a large percentage of their money.
Consequences of Paying Collections


  • Immediately Lowers Credit Score
  • Re-Aging – Makes the Old Account Brand New
  • In Most Cases Restarts the 7 Years Account Can Continue to Haunt You
3 Reasons to Check Your Credit
  • Know Your Scores Before you Purchase
  • Check the Accuracy of all Information.     
  • 79% of all credit reports have inaccuracies. 
  • Identity Theft: Make sure you are not a victim!
Sections of a Credit Report
  • Personal Information 
  • Credit Summary 
  • Credit Scores
  • Account Information 
  • Inquiries
The Three Basic Types of Accounts in Your Credit Report
  • Mortgage Accounts
  • Installment Accounts
  • Revolving Accounts
The Four Important Dates



  • Open Date – Date the account was opened.
  • Reporting Date – Last time the account information was reported to the bureaus.
  • Date of Last Activity – The last payment or activity on the account.
  • Date of First Delinquency – The date when an account begins to go delinquent.
What to Do When Information is Wrong
  • Look through your reports for inaccuracies and accounts that you have questions about.
  • Consult a professional.
There Are Always Multiple Solutions to Any Situation!
  • Credit Repair: Repairing the negative items on your credit reports.  
  • Positive Impact Assessments 
  • Consumer Advocacy    
  • Identity Theft Program: Helping individuals who have suffered Identity Theft remove fraudulent items from their credit reports.
Credit Repair
  • Credit Repair is a very intense set of audits.
  • On average we remove 70 – 90% of everything negative on your report.
  • Collections
  • Charge Offs
  • Late Payments
  • Liens and Judgments
Positive Impact Assessments
Positive Impact Assessments are designed to assist you in immediately raising  your credit scores in a very short period of time. Sometimes in only a matter of day