If you found 2019 a difficult year for getting approved for credit cards, auto loans, or mortgages, or aren’t getting the best financing terms and rates, then you may want to work on improving your credit scores and make sure that 2020 is a much more prosperous year. Improving your credit scores can be time-consuming […] The post How to Improve Your Credit Scores in 2020 appeared first on Credit Firm ..read more

Question: How do I know that you guys are being as aggressive as you should because you’re a business and I don’t want to keep paying you forever? Answer: We try to remove derogatory information for our clients and help them increase their credit scores as quickly as possible. We would much have you complete […] The post Monday Mailbag 01/14/2019 appeared first on Credit Firm ..read more

Question: What can the credit card companies do if I stop making payments? Answer: 1. After 6 months on non-payment your credit card debt will be charged off by the credit card company. 2. The credit card company will report the charged-off status to your credit report – lowering your credit scores and making it […] The post Monday Mailbag 12/17/2018 appeared first on Credit Firm ..read more

Question: I’m thinking of buying a DIY credit repair course from ##########. Have you ever heard of them? Is it a good deal? Should I do it? Answer: I have never heard of this company but, it seems like they are selling a do it yourself (DIY) kit which only includes letter templates to send […] The post Monday Mailbag 10/29/2018 appeared first on Credit Firm ..read more

Question: Would it hurt my credit score to close 2 cards and open a new credit card with better points? Answer: Short answer, YES. 15% of your credit scores are calculated from something called “Length of Credit History” in which the average age of your open accounts factors tremendously. By closing your oldest accounts and […] The post Monday Mailbag 10/22/2018 appeared first on Credit Firm ..read more

Question: My credit card debt keeps increasing. I keep spending and spending, it’s very hard for me to stop. How do I stop spending and pay down my credit card debt? Answer:  If you don’t have the self-control to stop using your credit cards then you really only have one option to pay down your […] The post Monday Mailbag 10/15/2018 appeared first on Credit Firm ..read more

Question: It seems that I can only cancel within the first 5 days based on your credit repair agreement. If I want to cancel 4 months from now how do I go about doing that? Are there any penalties or fees involved? Answer: You can cancel the service at any time. The 5-day cancellation window […] The post Monday Mailbag 10/8/2018 appeared first on Credit Firm ..read more

  Question: I received an alert stating that an account was created using my social security number. When I spoke to a rep @ Cap One, he told me to just keep an eye on my credit to make sure that nobody tries to apply for new things using my information. Should I be doing […] The post Monday Mailbag 10/1/2018 appeared first on Credit Firm ..read more

Q: Should I use your services or file a Chapter 7 Bankruptcy? A: Whether a Bankruptcy is right for you really depends on your goals. A Chapter 7 Bankruptcy will wipe out all of your debt and the creditors reporting charge-offs/collections will then have to report $0 balances and a status of included in bankruptcy. […] The post Monday Mailbag 9/24/2018 appeared first on Credit Firm ..read more

Q: I have a bankruptcy 7 that still shows up due to the date filled by the court, also my Identity has been stolen 3 times so not sure if that’s is part of the problem. My understanding any bankruptcy 7 that is investigated or reopen will cause whatever payment to be claimed and collected. […] The post Monday Mailbag 9/17/2018 appeared first on Credit Firm ..read more