We utilize the legal framework of the Fair Credit Reporting Act and Fair Debt Collection Act to pursue our clients rights to dispute negative items on their credit reports. We eat, sleep and think credit–constantly monitoring laws/regulations and adjusting our arsenal for your maximum benefit.
PHP approved partners that will negotiate with your creditors to allow you to pay a settlement to resolve your debt
Affordable life insurance is designed to cover expenses like medical bills and funeral costs and can help protect your loved ones from future financial burdens
Designed to provide payments to the holder at specified intervals usually after retirement
The first step in our proven process it to learn more about you. Where you're at right now, where you'd like to be.. What your goals are. This allows us to create a strategy specifically with your goals in mind!
Once we've done our initial consult, we will have you obtain a free copy of your credit report so that we can review it together. Knowing what we are up against helps custom tailor our strategy specifically for you.
Once we've identified any negative marks on your credit profile, we begin to verify the validity of these accounts. We will work hard for you to get any unverified or incorrect items removed using proven and legal techniques.
Once we've addressed any negative items on your credit profile, we'll work with you to build and establish new, positive credit accounts that will begin the process of growing a solid financial footprint for your future!
Many apartments, condo's, and neighborhood communities require a background check that includes pulling your credit. If you're buying a home, most lenders want you to be at least above a 640 FICO.
Having a low credit score can definitely impact what you drive AND how much you pay for it. If your score is below a certain number and you are stuck with secondary financing, you could pay almost DOUBLE for the same vehicle!
More and more professions are requiring background checks. Anyone working in the financial or security field will tell you that a negative credit profile can keep you from being hired!
Credit repair is the process of deleting or correcting incorrect information from your credit report.
How do you do it? By systematically disputing inaccurate, erroneous, and unverifiable entries on your credit report. Credit repair was made possible by the Fair Credit Reporting Act of 1971. This law gave ordinary consumers many new rights; one of the most important of which was the right to dispute inaccurate information on your credit report.
There are other facets of the Fair Credit Reporting Act allowing consumers to challenge the validity of their credit reports. Once a consumer has challenged or disputed items on the report, it then becomes the creditor’s responsibility to respond to those disputes by validating their accuracy or deleting them from your report.
Our clients typically start seeing results in 45-50 days. Because everyone’s case is different, some cases are completed in that time, but the average length for our clients is 4 to 8 months. It really depends on the type and number of items that need to be addressed on your credit profile. Successfully repairing credit requires persistence, patience and experience. This is where our expertise saves you valuable time and money. To effectively dispute incorrect information on your credit report, the key is knowing the ‘valid disputes’ and understanding the methods used by the credit bureaus in order to submit personalized disputes that meet their requirements and warrant a timely response.
Creditors spend millions-of-dollars each year trying to convince consumers just like you and me that there is nothing we can do to repair our credit. As a result, most people have heard that credit repair doesn’t work at all, and they believe it. This is exactly what the creditors and the bureaus want you to believe. They want you paralyzed, so you won’t even try to dispute your account inaccuracies. But the truth is radically different than the myth and the legend. The truth is credit repair is the most effective and quickest way you can actually improve your credit. Credit repair is extremely effective. But results will vary GREATLY depending on your own knowledge and the methodology you use to dispute items on your report.
Simply mailing off angry letters to the credit bureaus without fully understanding how their OCR and E-Oscar computers work will not yield positive results. One of the main reasons credit repair is not as effective as it should be is that it is rarely executed properly. Going online to dispute the credit bureaus without knowing what you’re doing will be no more effective than sending letters. We understand the “dos and the don’ts” of the credit repair process. In addition, we have the knowledge needed to do the job right, and access to the most advanced dispute tactics in existence.
Your credit score influences the credit that’s available to you and the terms (interest rate, etc.) that lenders offer you. It’s a vital part of your credit health.
When you apply for credit – whether for a credit card, a car loan, or a mortgage – lenders want to know what risk they’d take by loaning money to you. When lenders order your credit report, they can also buy a credit score that’s based on the information in the report. A credit score helps a lender evaluate your credit report. Because it is a number that summarizes your credit risk.That number is a snapshot of your credit report at a particular point in time.
Credit scores are often called “FICO Scores.” Most credit bureau scores used in the U.S. are produced from software developed by FICO (Fair Isaac and Company). But it’s important to understand that not every credit score you can buy online is a true FICO Score.
This law gave ordinary consumers many new rights; one of the most important of which was the right to dispute inaccurate information on your credit report. There are other facets of the Fair Credit Reporting Act allowing consumers to challenge the validity of their credit reports. More information from the Federal Trade Commission can be found HERE
Accounts/Trade lines: This includes credit cards, auto loans, mortgages, real estate, installment loans and revolving debt like department store cards. The report will include information on the accounts such as the balance, payment history, terms, and account status – such as whether the account was put into bankruptcy, charged off, or repossessed.
Collection Accounts: Collections are accounts that are seriously past due and have been transferred to a collection agency or creditor’s internal collection department. Collections can appear to be paid and unpaid (and, yes this makes a difference when disputing. Any type of collection whether it is paid or unpaid it is extremely negative.) You may also encounter multiple listings on credit reports for the same debt. This happens as the debt collection agencies sell the debt to other agencies. As debt is transferred between different agencies, there may be several records on the credit report for the same debt. Only one record should be marked as open at a time on the credit report. You should always dispute multiple items listing of the same account.
Public Records: The public information section of the credit report includes publicly available information about legal matters affecting your client’s credit. This could include judgments in civil actions, state or federal tax liens and bankruptcies. All court records, including satisfactions, are considered EXTREMELY negative by all credit grantors. Because some public record information is accessible only by visiting courthouses and other government buildings in person, the credit bureaus have to send people to the courthouse to gather the records to properly investigate. Do you think the Credit Reporting Agencies “Properly Investigate”?
Inquiries: Every time credit is applied for, a credit report is pulled. The inquiry section of a credit report includes records of businesses that have checked the consumer’s credit in the last two years. When creditors and lenders review clients’ credit data for the purpose of an application, a hard inquiry is listed on the credit report. Too many hard inquiries can harm a credit score. Statistically, consumers that have had an abnormal amount of inquiries, have had an increased average overall delinquency rate. In fact, the belief that people, who apply for too much credit, are usually not financially responsible has been substantiated with factual data.
My husband and I were home shopping and my credit was holding us back. Not anymore thanks to Full Armor Financial Group!
"After the divorce, I didn't think my credit would ever recover. Not only has it been fixed, It's better than it ever was! Time to go Truck shopping! Thanks Full Armor Financial Group!"
My credit took a hit when the real estate bubble crashed. I've been doing what I could on my own but Full Armor Financial Group has blown my expectations away!
I really appreciate the time and patience Full Armor Financial Group took with me to explain the entire process. I was reluctant at first but it was definitely worth it! I feel like a new woman!