Know the Unknown Before Your Submit
So many people are surprised when their credit is lower than they thought. Avoid this! Knowing the credit unknown is possible. Credit is complex. Do not let anyone fool you. Trying to control your credit scores is not always easy. It is worse when you do not take time to examine your credit reports.
With this in mind, we encourage you to take control of your personal credit. Our service is all about empowering individuals and business owners. Helping them “Know the Credit Unknown” before they apply for a home mortgage, credit card, loan or dream apartment. There are few things more embarrassing than being told that you were “denied”. Get approvals with our Credit Consulting service.
Credit Management Help
Credit For Progress LLC has an amazing credit management system and client portal. Take action starting today to make improvements to your personal credit profiles.
Know How Credit Works
Know the Unknown
According to Experian, “Credit is an agreement between you and a lender allowing you to obtain certain goods or services for which you’ll pay at a later date or over time, usually with interest.”
But it only starts here. How a creditor reports is just as important as to what has happened in a relationship between you and the lender. This is why knowing the credit unknown is vital to your financial health. Your credit reports may contain inaccurate data that drags your score down. You think your score is at 750 and upon check the lender they say your score is at 735. This can cost you thousands of dollars over the life of the financing. Fair or not.
What Happens?
Credit bureaus collect data from providers, public records, and other data sources. they do their best to provide an accurate profile. But inaccurate or outdated data still creeps into the reporting. You also have the “human factor”. A disagreement between a provider and you. Who’s right? Who’s wrong? The bureau does not make this decision. They base their decision on submitted facts. This is why companies like ours assists with disputing inaccurate data.
Another huge issue is identity theft. Rampant in this time of artificial intelligence. You would have report errors, additional addresses, and other information that causes submission denials or slower approvals.
What is Part of the Credit Unknown?
Lots of Issues with the Unknown
The various issues that can affect personal credit scores are as follows:
- High Balances
- Over Limit
- Inquiries
- Collections
- Charge offs
- Late payments
- Too few accounts
- Too many accounts
- Age of credit
- Status messages, updates
- Credit Limits
Contact Credit For Progress LLC at [email protected] for a free consultation and assessment. We are on your side! www.creditforprogress.com
