There are many reasons why your credit score is important and for this reason strategic financial consulting offers a variety of services to help people improve their credit scores.
A high credit score can help you get a loan, rent an apartment or buy a house, and even save you money on insurance. But what if your credit score is low? What can you do to improve it?
These services include:
-Credit repair: We will work with your creditors to reduce or eliminate any negative information from your report. This will help you increase your score by 100 points within 5 months!
-Debt resolution: If you are struggling with debt, we can help negotiate lower payments or total forgiveness on some bills. You’ll be able to pay off your debts faster while reducing interest rates and fees.
-Financial planning: We’ll create a plan that helps you achieve long-term financial security and stability.
The main factors that affect your score include:
-Payment history (35%)
-Amounts owed (30%)
-Length of credit history (15%)
-New credit accounts opened or closed (10%)
The first step to improving your credit score and rules for investing is understanding your current standing. You can get a free credit report from one of the three major credit bureaus every year, so be sure to check in on your credit score regularly.
Manianting the good credit score
A good credit score can help you get approved for more favourable terms on loans and other types of financing. For example, if you have a high credit score, lenders will be more likely to approve your loan application and offer lower interest rates than if your score were lower.
There are a number of ways that you can improve your credit score: paying off old debts; making timely payments; having an active credit card balance; keeping high balances on multiple cards; having few inquiries for new lines of credit; and keeping open accounts for long periods of time.
However, not all strategies are equally effective at improving your score—some may even harm it! If you’re looking for a way to increase the likelihood of approval for your next loan, you might be considering getting a credit score.
Strategic financial consulting is very beneficial. Credit scores are based on a number of factors, including: how long you’ve been using credit, how much money is owed on all of your accounts, and whether or not you’ve had any late payments. For more information visit our Website.