Accordion Sample Your credit report defines if you can acquire a home loan, vehicle financing, credit card rates and even affordable car insurance! The misconception among most Americans is that we have just the one credit report. Each of the three main credit bureaus (TransUnion, Equifax and Experian) has their own credit report to show. Over 75 percent of credit reports contain errors, and it is extremely important that you review all three credit reports to make sure the information is up to date and accurate! A lender may pull just one of your reports or all three when considering a loan, so it is paramount that you keep a close eye on ALL 3 reports.

Accordion SaThere are many things that can affect your credit score, but for now let’s go over the main negative and positive factors.

-Negative- Collections, Charge- offs, Repos, Loans, Delinquent accounts, closed account, Medical Bills and Late Payments.

-Positive- Long and Positive Credit History, Low Credit Utilization, Positive Trade Lines, On-Time Payments and Paying More Than the Monthly Minimum On Payments.

Each person’s credit report is different and each item on the report holds a different weight. If your score isn’t rising or is declining slowly; the main issue causing this is simply that the weight of the negatives is outweighing the positives. If you have been making your payments on time, but your credit utilization rate is above 30% then you may see a slow increase. If you are to remove any negative items but don’t have much positive credit recorded underneath, then you may experience a small decline in your score or a very small increase. On the other hand, if you remove many negative items and underneath you DO have positive credit, your score will rise 90% of the time!mple Description

Let’s Make a List!

Names- Is your name listed correctly or are
. multiple names present?
Is your address accurate and up to date?
Are items listed properly or missing?
.Manner of Payment- This one is a little difficult to start looking for at first, but we have a handy dandy video to show how to find these discrepancies! – MOP Mistakes
Do you not recognize an account/ is the account even yours?

It all starts with a credit assessment, which you can get by visiting our Sign-Up page or calling us toll-free at 877-775-7475. We’re different from our competition in that every one of our clients receives individual attention from Nulevel Credit. We formulate a customized plan of action based on your specific needs. No two clients are alike!

The cost of credit repair is small compared to the cost of living with bad credit. Below are a few examples of the cost of bad credit. If you are making vehicle payments, you are most likely paying between $4,000 and $10,000 more over the course of the loan just for having credit score issues. This added interest shows up every month in a higher payment.

Good Credit- with a 3% interest rate, you would only pay $1796 in interest over 5 years

Slightly Damaged Credit- with a 9% interest rate, you would pay as much as $5646 in interest over 5 years.

Damaged Credit- with an 18% interest rate, you would pay $12,042 in interest over 5 years.

Example 2: Home Loan of $120,000 over 30 years
High Credit Score- with a 4% interest rate, you would only pay $86,243 in interest over 30 years.

With Slightly Damaged Credit- with a 7% interest rate, you would pay $167,410 in interest over 30 years.

With Damaged Credit- you may not get financed, but if you do, it is likely with 20% down payment and a high interest rate..

It is not unusual to not be able to get an unsecured credit card with damaged credit. The accounts you may be approved for will typically have higher rates, low credit limits, and have higher than normal penalties and fees for things like late payments.

Everyone wants you to see results immediately. Although everyone’s credit history is different, most people will see progress within the first 20-45 days of their membership. The majority of time is spent waiting for the credit bureaus to respond to requests. We take great effort in getting our disputes to the bureaus as fast as possible.

This happens occasionally either by accident or a creditor has eventually verified a particular item. This is what is known as a ‘soft delete’. The FCRA (Fair Credit Reporting Act) has made it much more difficult for a creditor to replace an item once it has been removed. Nulevel Credit will re-challenge the item with the full force of the prior removal in our favor.

Yes, you are given the right under the Fair Credit Reporting Act (FCRA), including the right to challenge inaccurate, misleading and obsolete items appearing on your credit report. Nulevel Credit uses every venue available to you under the law to help you assert these right

A credit score is a numerical ranking system that lenders use to determine how much of a credit risk you are. A credit score is a numeric indication of how likely you are to repay debts such as loans or lines of credit. Lenders use this number to determine how much of a credit risk you are. Credit scores also are designed to indicate your creditworthiness in comparison with other consumers. Credit scores are based on the data in your credit report and are generated by computers using artificial intelligence. Usually, a credit score is between the numbers 300 to 850. The higher your score, the more “creditworthy” you are to lenders.

Credit scoring is based on many factors that may include Amount of available credit Payment history Recent requests for credit Amount of credit currently being used Length of credit history Under the Equal Credit Opportunity Act, credit scoring may not use gender, marital status, national origin, race, or religion as factors.

Negative credit listings are deleted from peoples’ credit reports each and every day! Nulevel Credit is hard at work every day challenging damaging and questionable credit entries on behalf of its clients. Utilizing proven and absolutely legal methods, Nulevel Credit is a professional organization working for you and your credit.

Yes. We know from experience that due to our one-on-one personal approach; our clients experience tremendous results. The ranges of success are as endless and unique as our clients. We partner with our clients, giving them every advantage, they can have in the credit world. Achieving results requires that we work in partnership. Your results will reflect that partnership.