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Our process is simple, yet effective. Credit Justice Services will receive your credit report with items you would like to dispute.
A paralegal will be assigned to your specific file in order to better assist you in the 75 day credit repair process. |
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Our Attorney will negotiate on your behalf with creditors and collection companies. We have a very high success rate helping people just like you save thousands of dollars, avoid costly collection law suits, and stay out of bankruptcy.
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You apply for a credit card and are turned down because of a low credit score, yet you know that you've always paid your accounts on time.
A debt collector calls to demand payment on a six- month overdue account for a credit card you have never had.
You receive a credit card in the mail that you've never applied for.
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The concept of credit started back in 1956 with two men named Bill Fair and Earl Isaac. Fair, a mathematician, and Isaac, an engineer, founded the Fair Isaac Company; otherwise, known to us today, as the FICO score. This credit system has standardized the way the financial industry extends “credit”.
The 3 National Credit Bureaus:
1. EXPERIAN – uses the Fair, Isaac Model
2. EQUIFAX – uses the Beacon scoring Model
3. TRANS UNION – uses the Empirica scoring Model |
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| EXAMPLE: |
Experian 720
Equifax 657
Trans Union 717 |
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In this case, 717 would be the mid score.
These scores represent a composite of the borrower's credit history, employment, ability to save, and so on. The higher your score, the more chance you have of receiving credit with a low interest rate. |
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EXCELLENT 850-730
GOOD 729-680
FAIR 679-620
POOR 619-500
NO FEDERAL FUNDING 500 and below |
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| For a $216,000 30-year fixed rate mortgage: |
| If your FICO score is: |
Your interest rate is: |
...and your monthly payment is |
780-850
700-759
680-699
660-679
640-659
620-639 |
6.2%
6.42%
6.6%
6.81%
7.24%
7.79% |
$1,323
$1,354
$1,380
$1,410
$1,473
$1,553 |
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| Lifestyle History |
- How long you’ve lived at your residence
- Do you own or rent (Owning property earns extra credit)
- How long you’ve been employed at your current job
- Education level (College Education earns extra credit)
- How much money earned and how credit has been used
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| Payment history |
- Public record and collection items (means lower credit rating)
- Severity, recent and frequency of delinquencies noted in trade line section
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| Outstanding debt |
- Credit history
- Number of balances recently reported (more credit lines / higher risk grade)
- Average balance across all trade lines (balances 60% max / higher risk grade)
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| Pursuit of new credit |
- Number of inquiries and new account openings in the last year
- Amount of time since most recent inquiry
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| Types of credit in use |
- Number of trade lines reported for each type
- Bankcard
- Department store cards
- Personal finance company references
- Travel and entertainment cards
- Installment loans
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Quick Improve Your Credit Score' Tips:
Bring credit cards balances below 40%
Close Credit Cards you do not use
Contact your local Credit Justice Services Representative to help you
clean your credit report
Contact us at : (866) 380-0067 |
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| The bottom-line is you will boost your buying power with a better credit score. |
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