FREE CREDIT ANALYSIS
YOU CAN RAISE YOUR SCORE!
Sometimes we make mistakes with our finances that have long-term impacts. If you’re struggling to figure out how to raise your credit score to the number you need, then we can help. At fewstepsrealty Credit Consulting, we are proud to offer a valuable service that can help make improvements in most situations. Don’t let another day of bad credit go by — contact us today!
There are a variety of credit score ranges, which can impact your rating in different ways. Here are the ranges and a brief description of each:
POOR CREDIT
Scores between 300 - 629 can make it very difficult to qualify for credit when you need a loan.
FAIR CREDIT
Scores between 300 - 629 can make it very difficult to qualify for credit when you need a loan.
GOOD CREDIT
Scores between 300 - 629 can make it very difficult to qualify for credit when you need a loan.
EXCELLENT CREDIT
Scores between 300 - 629 can make it very difficult to qualify for credit when you need a loan.
At fewstepsrealty Credit Consulting, we never settle for anything less than the best when it comes to taking care of our customers. That’s why we offer a free credit score analysis and estimate before we begin work on your account. You want a better score, you deserve a better score, and we can help you raise your credit score. To understand how to improve your score, it’s important to know what the credit bureaus use to calculate your score.
STEP 1: PAYMENT HISTORY - 35%
The bureaus look at when your last late payment was, how often you pay late, and by how many days. aMake payments on time to boost your score within months.
STEP 2: TOTAL DEBT - 30%
Generally speaking, higher debt loads work against you. The less you use your line of total available credit, the better.
STEP 3: DURATION - 15%
The longer you’ve had an account, the better. A late payment on a two-year-old account will hurt your score more than if you’ve had the card for more than two decades.
STEP 4: NEW CREDIT - 10%
Multiple requests for credit indicate that you’re a higher risk. Opening new credit cards has a short-term negative effect on your score, so avoid opening a lot at one time.
STEP 5: TYPES OF CREDIT - 10%
The bureaus look at the number and type of each account. A credit card from a national bank is of higher quality than one from a department store. A combination of different types of credit help to boost your score.
Before we dive into the problems that bad credit can cause, it’s important to understand how it impacts your life. From being denied on loan applications to facing significantly higher interest rates, bad credit can really dig a hole that can be hard to climb out of. In fact, bad credit can have a significant impact on your life the lower your score is. Here are some ways that bad credit affects you:
Overuse of Credit Puts You at Risk
The higher the balance is on your credit card in relation to your available spending limit, the lower your credit score will be.
Late Payments Carry Heavy Penalties
A single late payment (30 days past due) can reduce your credit score by as much as 110 points!
Debt Management Methods
Your credit score can be reduced anywhere from 85 to 160 points if you pursue a debt settlement, short sale, or deed in lieu of foreclosure. Filing for bankruptcy will cause an even bigger drop in your credit score in the range of 130 to 245 points!
The Credit Issuer Can Limit Your Financial Freedoms
Bad credit can cause your bank to cut the spending limits on your accounts, which will further negatively impact your score.
Bad credit can cause your bank to cut the spending limits on your accounts, which will further negatively impact your score.
WHAT A FREE CREDIT ANALYSIS OFFERS
During your free credit analysis, you will speak with a friendly, certified FICO professional. They will evaluate your credit report, and review each line with you so that you understand everything that is included and how it impacts your overall score. While we could easily analyze it for you, we know that you are likely to feel more confident when you can look at your report and understand all of the information in it.
HOW DOES YOUR CREDIT SCORE AFFECT YOUR LIFE?
If your family put a 3.5% down payment on a $172,900 home, you would take out a loan for $166,850. Here’s what your bottom line would look like:
|
SCORE
|
RATE
|
PAYMENT
|
COST
|
|---|---|---|---|
|
760+
|
4.981%
|
$893.75
|
$326,900
|
|
700- 759
|
5.203%
|
$916.50
|
$335,090
|
|
680-699
|
5.380%
|
$934.83
|
$341,689
|
|
660-679
|
5.594%
|
$957.22
|
$349,749
|
|
640-659
|
6.024%
|
$1,002.93
|
$366,205
|
|
620-639
|
6.570%
|
$1,062.30
|
$387,578
|
You can quickly and easily see how devastating bad credit can be!
TURN YOUR CREDIT SCORE AROUND WITH A FREE CREDIT ANALYSIS
Every client is different, which is why we offer personalized recommendations. What works for one person may not work for another. You can trust us to provide recommendations that are created with your credit situation in mind. Once we have provided our recommendations, you are free to decide if you would like to proceed.
Once we’ve presented our recommendations to you, we will also give you a free estimate of our services that includes a realistic timeline for you to achieve your desired results. Our goal is to provide you with the information you need to make positive changes and get the credit score you deserve. Contact fewstepsrealty Credit Consulting today for more information.
Have you been putting off the task of getting a credit analysis because you’re scared, anxious, or worried about what you might find? We understand, which is why our certified FICO professionals will provide the insight, information, and encouragement you need. At fewstepsrealty Credit Consulting, we offer a free credit analysis so that you have the chance to look at the services we offer to help you turn your credit score around.
CONTACT US TODAY!
WE SPECIALIZE IN ALL YOUR CREDIT NEEDS
CREDIT APPROVAL
Fewstepsrealty Credit Consulting can help you save! Are you trying to get credit approval? Improving your credit will save you thousands of dollars each year with better interest rates.
CREDIT EDUCATION
Do you know what’s reporting on your credit report? Do you know what can make it better or worse? Do you know how to maintain a good credit score? Take advantage of our free educational resources and start saving money today.
CREDIT RESTORATION
Don't let a few bumps in the road hurt your financial future. Errors and inaccuracies on your credit are costly, and you might not even be aware of them. We find them and help you remove them.
FREE CREDIT ANALYSIS
We can help calculate a realistic time frame for you to achieve the results you want. Fewstepsrealty Credit Consulting analyzes your credit and guides you through the process.
