Frequently Asked Questions

What Is Credit?

Credit is when you receive money, a good, or a service, and you agree to pay for it in the future—usually with added interest. Nowadays, we use credit to buy lots of things, from houses and cars to groceries and clothing.

If you use it responsibly, credit can be a useful tool. But if you don’t, you’ll have to face some negative consequences that will make your life harder.

How long does it take to see changes?

Once you send your initial letters, it will take 30-45 days to receive your first response. Keep in mind every time you send letters it will take a minimum of 30 days for a response.

What Can Be removed from my credit report?

Anything inaccurate, unfair, or unverified can be challenged by the bureaus and your creditors. This includes collections, late payments, charge-offs, liens, bankruptcies, repossessions and more.

Do negative items stay on my credit report forever?

No, but it might feel like it. Most negative items will fall off of your report after seven years, though it could take as long as 10. If you’d rather not wait that long, credit repair is a great alternative.

What is a credit score?

Your credit score is a 3-digit number on a scale of 300 to 850 that suggests how creditworthy you are—meaning, how good you are with credit and how much you can be trusted to pay back what you borrow. Potential lenders will use this number to decide what kinds of credit cards and loans to offer you. Generally, the higher the score, the better the offers.

There are a few different types of scores, but the two best-known are your FICO Score and your VantageScore. They’re calculated based on the information that shows up on your credit report.

What Hurts my credit?

Your credit can be brought down a lot faster than it can be brought up, so it might help to review these things that can hurt your credit:
– Not paying bills on time
– Filing for bankruptcy or foreclosure
– Applying for too many credit accounts
– Carrying high balances on your credit cards
– Ignoring questionable negative items on your report

What is a negative item?

Anything in your credit history that could lower your score is a negative item. Things like collections, late payments, charge-offs, liens, bankruptcies, repossessions, and more. Especially if these negative items came as a result of identity theft, divorce, medical debt, student debt, or military leave, you may be able to remove them through credit repair.

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San Antonio, Texas