ABOUT US
Our processing center utilizes the latest technology ensuring fast, accurate service for our customers. Our team of experienced professionals is highly knowledgeable and holds the Credit Reporting Agencies accountable to utilize the newest legislation regarding the Federal Trade Commission guidelines and the Fair Credit Reporting Act. Contact Credit Fix Denver for more info!
Your dollar is more important to you than ever, and at Credit Fix Denver we are constantly looking for ways to maximize and improve the value of the services we provide. With this in mind, our credit restoration service provides the industry’s most comprehensive program to consumers who have been turned down for a mortgage, car loan, credit card or any type of credit due to credit problems.
In addition to the credit restoration process, our extensive library of credit education and budgeting information will help you to maximize your credit score in three additional important ways – by showing you how to read and interpret your credit report, by showing you how your credit score is calculated, and by helping you understand and improve your personal finances.
Education is the Key to Using Credit Wisely
Our goal is to help you raise your credit score, so you can start living the life you deserve.
Collections
When an account becomes seriously past dueCollections
When an account becomes seriously past due, the creditor may decide to turn the account over to an internal collection department or to sell the debt to a collection agency. Once an account is sold to a collection agency, the collection account can then be reported as a separate account on your credit report. Collection accounts have a significant negative impact on your credit scores.
Late Payments
The consequences of making a late payment can feel harsh.Late Payments
The consequences of making a late payment can feel harsh. But don’t let it discourage you from working toward future financial goals. Credit scores can bounce back with time, hard work and patience. The best thing you can do is start working on rebuilding your on-time “payment streak” if possible — even if that means making the minimum payment each month. Making more and more on-time payments and actively reducing the amount you owe can diminish the impact on your scores over time.
Tax Liens
Does a tax lien hurt your credit score?Tax Liens
Does a tax lien hurt your credit score? No. Since the three major credit bureaus no longer include tax liens on your credit reports, a tax lien is no longer able to affect your credit. This includes all kinds of tax liens, in case you were curious. Does a property tax lien affect your credit score? No—and neither does an income tax lien. Federal and state tax liens no longer appear on your credit report and neither affect your credit score.
Foreclosures
Generally, a mortgagee issues a notice to the mortgagor after three missed monthly payments in a row.Foreclosures
Generally, a mortgagee issues a notice to the mortgagor after three missed monthly payments in a row. The notice instructs the homeowner to settle the missed payments in 30 days, failure to which foreclosure begins. Every missed payment on your mortgage loan damages your credit rating. Additionally, a foreclosure will hurt your credit score further.
Repossessions
When you finance a car, your lender retains a security interest: They hold title to the car until the loan is paid off.Repossessions
When you finance a car, your lender retains a security interest: They hold title to the car until the loan is paid off. Under the terms of your loan contract, your lender can take possession of your car if you fail to make your monthly payments as agreed and default on the loan. Your loan contract spells out exactly when default occurs but, practically speaking, most banks and credit unions won’t start the repossession process until at least 60 days have elapsed since your payment was due.
Bankruptcy
After bankruptcy, your credit score can plummet.Bankruptcy
After bankruptcy, your credit score can plummet. So, carefully consider your credit rating before you file for bankruptcy. Bankruptcy will have a devastating impact on your credit health. The exact effects will vary. But according to top scoring model FICO, filing for bankruptcy can send a good credit score of 700 or above plummeting by at least 200 points. If your score is a bit lower—around 680—you can lose between 130 and 150 points.
Short Sales
A short sale can hurt your credit scoresShort Sales
A short sale can hurt your credit scores because you’re settling your mortgage loan for less than you owe rather than repaying the full amount as agreed. As with other negative marks, the exact impact on your scores will vary depending on your overall credit history and the scoring model used to calculate your credit score. However, you can take steps to improve your credit and limit the long-term effect.
Inquiries
Each of the three credit bureaus—Equifax, Experian and TransUnion—keep track of the inquiriesInquiries
Each of the three credit bureaus—Equifax, Experian and TransUnion—keep track of the inquiries on your report because it can say a lot about the risk you pose to lenders. While lenders aren’t too worried about soft inquiries because it doesn’t impact your credit score, they do take caution around hard inquiries. In the lender’s eye, multiple hard inquiries can indicate you’re taking on more credit than you may be able to afford.
Judgments
Judgments are a matter of public recordJudgments
Since judgments are not included in credit reports, they won’t be factored into credit score calculations. However, judgments are a matter of public record, so potential lenders may choose to search for this information from sources other than the national credit bureaus as part of the application process. If a lender sees that a potential borrower has a judgment against them, it may impact that borrower’s ability to qualify for credit.
Get your FREE online credit evaluation now
What people say about Denver Credit Fix
Our processing center utilizes the latest technology ensuring fast, accurate service for our customers.
During college, I opened up a lot of credit cards. At the time, I didn’t think anything of it and I got something new with each application – a baseball hat, a T-shirt, a football. So, when I didn’t have my paycheck, I put the purchase on one of my credit cards. I ended college with a degree and huge credit card debt. One day, I came across the Denver Credit Fix website, which helped to show me the right way to use credit.
I have been working with Denver Credit Fix for the past 6 months to improve my credit score. I am happy to say that my credit score has improved significantly thanks to their guidance and support.
Before working with Denver Credit Fix, my credit score was in the low 600s. I had a lot of credit card debt and was struggling to make my monthly payments on time. I was worried that my low credit score was holding me back from achieving my financial goals, such as buying a house or a new car.
Thanks to the team at Denver Credit Fix, I have been able to get my credit card debt under control and have learned how to better manage my finances. They provided me with a personalized plan to pay off my debt and improve my credit score, and they have been there every step of the way to answer my questions and offer support.
I am so grateful to the team at Denver Credit Fix for helping me improve my credit score. Their expertise and guidance have been invaluable, and I would highly recommend them to anyone looking to improve their credit score.
I recently worked with Denver Credit Fix to help raise my credit score and I am extremely satisfied with the results. Before working with the company, my credit score was fairly low and I was having trouble getting approved for loans and credit cards. However, with the help of the credit improvement team, my score has significantly increased and I am now able to easily get approved for the financial products I need.
General Credit Repair Facts
Credit Repair Statistics
Credit makes the world go round by fueling consumption. However, the going can get pretty tough for consumers with low credit scores, affecting their ability to take loans, use credit cards, and more. If you have been in such a situation or are interested to know what to do when that happens, these credit repair statistics should prove useful. Credit repair is a right available to all US citizens to contest the negative items on their credit reports. These stats and facts will ensure that you are armed with the right knowledge to know how to go about it so that you can build and maintain a healthy credit score.
Credit Fix Companies Successfully Removes
Contact us today!
2821 S Parker Rd., suite 407
Aurora, CO 80014
Direct 303.642.5602
Office: 720.519.0531
Fax: 720.550.6921
[email protected]