Complimentary Credit Review

Save Money by Improving Your Credit Score

It pays to have a good credit score. Improving your credit score can save you thousands of dollars in loan interest fees. Even if you have good credit, there may still be room for improvement.

We’ve designed a Complimentary Credit Review service to help you identify ways in which you can improve your financial well-being.  We'll assist you with creating a roadmap to improving your credit rating or looking for ways to help you save more! These sessions are designed to enable us to focus our time and expertise entirely on you. You will not be obligated to apply or sign-up for any products or services.

Connect With US to schedule your Complimentary Credit Review!

Start by Understanding the Credit Score

1. Rage of Credit Scores

  • 730-830 = A+ or Platinum
  • 680-729 = A
  • 640-679 = B
  • 600-639 = C
  • 550-599 = D
  • 549 & Below = E

2. What Makes Up Your Credit Score

  • 35% = Based on payment history (I.e., on-time pays or delinquencies; more weight on current pay history)
  • 30% = Capacity
  • 15% = Length of credit
  • 10% = Accumulation of debt in the last 12-18 months (# of inquiries, opening dates)
  • 10% = Mix of credit (installment vs. revolving)

3. What Actions Hurts Your Credit Score

  • Missing payments (Regardless of amounts, it can take 24 months to restore credit with one late payment.)
  • Credit cards at capacity (I.e., maxing out your credit cards)
  • Shopping for credit excessively
  • Opening up numerous trades in a short time frame
  • Having more revolving debts in relation to installment debts
  • Closing credit cards out (It could lower available capacity.)
  • Borrowing from finance companies

4. How Can You Improve Your Credit Score

  • Pay off or pay down your credit card balances
  • Do not close credit cards because your capacity may decrease
  • Move your revolving debts into an installment debt
  • Continue to make payments on time (older late pays will become less significant with time)
  • Slow down on opening new accounts
  • Acquire a solid credit history with years of experience

5. Approximate Credit Weight for Each Year

  • 40% = Current to 12 months
  • 30% = 13-24 months
  • 20% = 25-36 months
  • 10% = 37+ months

Schedule Your Complimentary Credit Review