Credit Score Misconceptions You Must Stop Trusting Today
Credit and Debit Cards Both Affect Credit Score
No! For a transaction to have any effect on your credit score, its type has to be credit. Transactions you do with your debit card do not increase or reduce your credit score.
Credit Score Lowers after a Lot of Missed Payments
Even a single payment that you have delayed while repaying the debt will appear on your credit history and will affect it negatively. Keep in mind your payment history is the biggest percentage of your credit score.
Good Earning Means Good Credit Score
Good earning might mean better potential to return the loan but your credit score is only affected by the factors stated above. How much you earn does not matter when credit bureaus calculate your credit score.
A Credit Repair Company Is Optional
Almost every service you use in life is somewhat optional. However, doing things on your own can result in mistakes. Think about a first timer trying to fix main electric board in the house. Similarly, credit repair companies have professionals who understand the sensitive details of credit repair.
Lexington Law Firm Has the Credit Repair Professionals You Need
You can try to take on this situation yourself but it is a dangerous route. You might not understand the very fine and minor details that can completely ruin your credit rating. Sometimes, people spend years trying to fix things on their own only to realize in the end that they were on the wrong road from the beginning. Let our professionals handle these matters for you and here are the benefits you can expect.
40 Points Increase in Credit Score
Up to a 40-point increase in credit score is possible with our service because we have done that several times for our customers.
Stress Free Living
Calculations, calling the many different departments for credit help, understanding the industry jargon, etc. can be a lot to handle. Let us take care of things while you live your life stress free.
Free Credit Checks
We will help you access your credit history and get the most precise credit score without any costs involved.
We take every situation as a new situation. We have professionals we will dedicate to your case and they will be speaking to the credit bureaus and wherever needed on your behalf.