<![CDATA[Fast Credit Repair - Blog]]>Sun, 16 Dec 2018 00:33:59 -0500Weebly<![CDATA[December 10th, 2018]]>Mon, 10 Dec 2018 14:52:56 GMThttp://platinum-creditrepair.com/blog/december-10th-2018


​The Main Credit Bureaus
One of the first things that you will need to do when you decide to start improving your credit score is to get copies of your credit report to see where you need to start taking action to boost your rating.

It is not uncommon to find some errors and if that is the situation we can help you.

Sometimes just clearing up some of these errors and issues might be enough to allow you to boost your credit score and have access to more opportunities to borrow money or save money with lower interest rate loans.

Never assume that people have done their job correctly especially when it comes to something as important as you financial position. Many people have been paying higher interest rates for years simply because they were unaware that there were errors on their credit reports giving them a lower rating.  

Free Credit Repair Consultation
Go to http://www.identityiq.com/help-you-to-save-money.aspx?offercode=431135BL

Sign up for the 7 day trial – (it's going to cost you a dollar. Coupon code included in link) Credit repair companies are not allowed to pull credit reports.  This will not count as an inquiry 
Download your credit reports into a PDF file and email them to us at info@platinum-creditrepair.com
or
You can email or call us with your Identity IQ log in username and password, along with your last four of your social (which ever option your most comfortable with). We will review them, give you a free consultation, and make some recommendations. You'll be the judge of how you want to move forward!     
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<![CDATA[October 24th, 2018]]>Wed, 24 Oct 2018 16:01:19 GMThttp://platinum-creditrepair.com/blog/october-24th-2018



​What is FICO?

The various credit bureaus can use different methods at arriving at your score and this is why you can sometimes have more luck getting credit from one lending institution than another.

The industry standard is a system called FICO. FICO stands for Fair Isaac Corporation Company.
FICO is software for calculating credit score and is regarded as the leader in the calculation of credit score within the finance industry.

The fact that it is commonly accepted as the most suitable way to rate a person's credit score is why many people will talk of FICO scores or FICO ratings rather than calling them credit scores.
The software that is used to calculate credit score, whether it is FICO or other software uses research and mathematics to decide upon the rating.

This information is important to you as it will help you to have a better understanding of what you can do to give your credit score a boost in its rating.

The best way to explain how credit score is calculated is to compare it to insurance premiums where you will pay a higher premium based on various factors in your life. With insurance those factors will be your age, your occupation, your health and even your choice of sport where dangerous activities will make you a higher risk for the insurance company.

The insurance company can then look at their research data and calculate your risk.
Obviously older people and those participating in dangerous activities will be a higher risk and those people will be expected to pay higher premiums.

Credit bureaus have similar research data that relates to peoples ability to repay debt in certain circumstances, and it is this data that they will use when they input your information to decide whether they will lend you money and if so at what interest rates.  

Free Credit Repair Consultation
Go to http://www.identityiq.com/help-you-to-save-money.aspx?offercode=431135BL
 
Sign up for the 7 day trial (it's going to cost you a dollar) Credit repair companies are not allowed to pull credit reports.  This will not count as an inquiry
Download your credit reports into a PDF file and email them to us.
or
You can email, call, or test us with your Identity IQ log in username and password, along with your last four of your social (which ever option your most comfortable with). I will review them, give you a free consultation, and make some recommendations. You'll be the judge of how you want to move forward! 
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