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Credit scores either make or break you when it
comes to obtaining a home mortgage or getting
the best interest rates available. At Credit Resource
Corp., we realize that many people have no idea
of how influential the score is in the loan process,
and although it may seem an impossible task, with
our help, many borrowers can overcome the obstacles
they are facing in a very short period of time.
To find out more about our program, email us at
credit@LoanNow.com. |
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| Get Started Today
By Following These Three Simple Steps: |
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1 - Order Your Credit Reports & Scores |
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The first step is to have a complete
picture of your current credit situation by ordering
your credit report and score for all three national
credit bureaus, TransUnion, Equifax and Experian. You
should get your score from all three bureaus for two
reasons. First, each bureau may have slightly different
information about you depending on which companies have
reported to them on your accounts. Second, many lenders,
especially mortgage lenders, look at all three of your
FICO scores to determine whether to grant credit –
for everything from a car loan to a home loan to a credit
card to a cell phone. Do not have a creditor pull your
reports because you will lose points for a hard inquiry.
Email or Call us at 800-646-1453 |
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2 - Verify the Data Being Reported |
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It is the consumer's responsibility
to verify that the data being reported is accurate.
Some examples to look for would be:
• Misspelled Names
• Wrong Addresses
• Incorrect Social Security Information
• Make sure that you recognize all the creditors
being reported
• Make sure the negative items belong to you
• Signs of identity theft
• Check for unauthorized hard inquiries
• Make sure all credit card limits and balances
are reported accurately
• Check the statute of limitations in your state
• If you have a positive account that is not
being reported to all bureaus, call them up and ask
them to report it
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3- Dispute the inaccurately reported information immediately |
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Contact your creditors
or send letters of dispute to the credit bureaus to
have errors on your credit report corrected. By law,
the credit bureaus have 30 days to investigate your
claim and make any appropriate updates.
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Remember, even if you have perfect
credit you can still get denied for
new credit due to variables such as income, outstanding
credit balances and having too many credit card accounts.
To find out more about how to maximize your credit score,
you can
email us at info@v1newport.com
Don't forget to ask about our credit improvement program
that has successfully saved many borrowers thousands of
dollars in interest rates. |
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