One of the variables used in calculating credit scores is the length of time an account is open. Closing your oldest account could hurt your credit score for a much longer period of time.
I just thought I’d provide my readers with what makes ACG’s services different from our competitors.
Austin Credit Group provides comprehensive Credit Rehab services.
The differences in general are:
Most businesses in consumer credit repair expect to be paid a sizable lump sum up front for work to be done on credit bureaus profiles/reports. However, there are stiff fines and penalties if they are caught doing business in this manner.
Austin Credit Group’s (ACG) fees are based on the work actually being done and the performance (results). . .and not assessing clients a large lump sum fee up front.
I have seen many clients within a few years of a Divorce. They all have something in common. In one in particular case, only $16,000 of $480,000 was under the client’s direct control….
H.R. 1002: Fair Access to Credit Scores Act of 2013
The purpose of the bill is to amend the Fair Credit Reporting Act to require the inclusion of credit scores with free annual credit reports provided to consumers, and for other purposes.
“Employer credit checks keep jobless out of workforce,” posted on March 4, 2013.
A recent report advises that one in four unemployed Americans have been required to go through a credit check when applying for a job, and one in ten have been denied jobs due to information in their credit report
You might want to think twice before whipping out your credit card. As of Sunday, stores in most states could start charging you a “checkout fee” when you pay for something with plastic.
You’ve got a Great credit score, right? But, perhaps not so very much. For example, a 790 could mean your credit is excellent or just mediocre. The times they are a changing. . .for example, while a FICO score of 790 out of 850 is considered excellent, it’s merely mediocre on the VantageScore model — which tops out at 990.
Related: Most Under Appreciated Personal Credit Score Killers
A business should work at establishing business credit from the get go! Why, you may ask? Simply put, to extend your ability and provide options to grow your business when opportunities present themselves that your business’ cash flow cannot support. There is also the un-spoken rule in business that when you can make the numbers … [Read more…]
No Personal Credit / Inquiries — No Credit Cards — Get a Secured Credit Card; Look for a free program at Credit Unions No Installment debt — Do a Share Loan Account at a Credit Union; be sure they report to all three credit bureaus Lots of Inquiries — More than three inquiries in a … [Read more…]