FAQ
Our FAQ page contains a list of some of the most common questions that we usually get from our clients. But if you can’t seem to find what you’re looking for, don’t hesitate to head over to our Contact page to give us a call or send us your question.
What is Credit ?
Credit is your ability to either buy goods and services or borrow money with the understanding that you’ll pay back the creditors later at the specified date.
What is Credit Score ?
Your credit score, also known as the FICO® Score, is a 3-digit number ranging from 300 – 850. This score reflects your financial ability and is used by the lenders to assess creditworthiness when applying for various types of loans.
What is Credit Report ?
You should think of your credit report as a statement which not only has your personal information such as: name, date of birth, current and former address, but also detailed information about your credit activity as well as your current credit situation for e.g. loan payment history and the status of credit accounts.
What is Credit Repair ?
Credit repair helps fix your credit report by getting rid of any errors or inaccurate information that may be present.
Is the credit repair process legal ?
Yes! You have the legal right to a fair and accurate credit report. This process simply lets you question any inaccurate information or incorrect negative items on your report that could be hurting your credit score.
What exactly is a negative item ?
Negative items include; charge offs, repossession, late payments and bankruptcies etc. and have the potential to lower your credit score.