FICO Credit Scores - True Credit Repair | The Most Powerful Solution For Credit Repair

Disadvantages of a Poor Credit Score

TCRdev
November 3, 2023

Credit Education, Credit Repair, Credit Score, FICO Credit Scores, Personal Credit

A good credit score, typically 750 or above, reflects creditworthiness and timely repayments. Conversely, a poor credit score, caused by late payments, credit report errors, etc., leads to loan rejections, higher interest rates, and limited credit card options. To improve, pay dues on...

4 Ways To Get a Derogatory Mark Off Your Credit Report

TCRdev
October 26, 2023

Credit Education, Credit Score, FICO Credit Scores, Personal Credit

Having a good credit score is crucial for obtaining favorable loan terms. Derogatory marks, such as late payments and bankruptcies, can significantly damage your credit. However, you can take steps to remove these marks and improve your score, like checking for errors and...

Repossession Credit Repair in South Florida

TCRdev
September 27, 2023

Credit Repair, Credit Score, FICO Credit Scores

Repossession occurs when a vehicle, financed through a lender or leasing company, is taken back due to the borrower's failure to make scheduled payments. This event negatively impacts one's credit score for seven years. True Credit Repair, a South Florida company, assists customers...

How Bankruptcy Affects Your Credit Report?

TCRdev
August 21, 2023

Credit Education, Credit Repair, Credit Score, FICO Credit Scores

Bankruptcy significantly impacts your credit score, causing massive declines. The scale of the drop depends on your original score. The bankruptcy record can stay on your report for 7 to 10 years, depending on the bankruptcy type, negatively influencing future lenders' decisions. You...

Student Loan Credit Repair in South Florida

TCRdev
August 2, 2023

Credit Repair, Credit Score, FICO Credit Scores

Over 45 million Americans, saddled with an average student-loan debt of $40,000, contribute to the collective debt of $1.5 trillion. Nearly 25% of these borrowers struggle with repayments, with severe consequences including negative credit reports and wage garnishment. True Credit Repair offers assistance...

Charge-Off Credit Repair in South Florida

TCRdev
July 21, 2023

Credit Repair, Credit Score, FICO Credit Scores

A charge-off, an accounting entry where a bank removes an unrepaid loan from its assets, significantly impacts a consumer's credit score and inhibits further borrowing. True Credit Repair in South Florida provides services to mitigate the damage of a charge-off and other credit...

What is Credit Repair, and Can It Help With My Credit Score?

TCRdev
July 7, 2023

Credit Audit, Credit Education, Credit Repair, Credit Score, FICO Credit Scores, Personal Credit

Credit repair involves restoring a poor credit standing which may have declined due to various reasons and could involve disputing inaccuracies with credit agencies. Improving your credit standing may be complex and time-consuming but is vital as loan providers heavily rely on credit...

Bankruptcy Credit Repair in South Florida

TCRdev
July 6, 2023

Credit Repair, Credit Score, FICO Credit Scores

Filing for bankruptcy may stop creditors from collecting debts momentarily but it could significantly hurt your credit status. The decision might clear some debts like credit card balances and personal loans but not all, such as back taxes and student loans. Bankruptcy stays...

Collections Credit Repair in South Florida

TCRdev
June 26, 2023

Credit Repair, Credit Score, FICO Credit Scores

Ignoring creditor's letters and calls can result in your debt being turned over to a collection agency. This process can damage your credit score over three to six months. Given this, True Credit Repair assists clients in South Florida facing such scenarios by...

Tax Liens Credit Repair in South Florida

TCRdev
June 25, 2023

Credit Repair, Credit Score, FICO Credit Scores

Unpaid tax liens can negatively impact credit scores for up to a decade, impeding one's ability to make significant purchases such as cars and homes. Addressing these with professionals like True Credit Repair will help restore credit health. Removing a tax lien could...