Credit Repair Miami Fl - What to do to keep my improved credit?

 

Maintaining your new credit score is one of the key's to long term financial success. There are several things that you can do to maintain your new credit score as well as enhance and most importantly protect your credit.

 

Paying your bills on time is key and the single most important factor (35% of the score) in maintaining a good credit rating. Set your bills up on auto-pay whenever possible to minimize the chance of making a late payment.

 

Minimize your debt to credit limit. Keep your debt to credit limit under 30% at all times.

 

Do not close accounts that you have had open for a long time. Pay them off if you like but do not close them.

 

The bottom line is you must become interested in and involved with all things related to your credit. The more you get involved the more you will learn about credit and begin to understand how the game is played and increase your success for having a life time of good credit.

 

If you are thinking of starting a new business, contact us and we will show how you become UNSTOPPABLE in your own business and take YOUR LIFE to the levels ONLY YOU CAN IMAGINE!

I hope you found this information helpful.

 

Credit Repair Miami Fl - How you can enhance your credit?

To continue to enhance your credit score you will need to understand the effects of the things you do that are credit related and how they impact your credit score.

Mixture of credit is a factor that impacts your credit score. Some simple guidelines as an example are, no more then 5 revolving accounts - like credit cards 1 installment loan - like auto loan 1 mortgage - mortgage loan on YOUR house keep your debt to credit limit under 30%, Example: if your credit limit is $40,000.00 (which it should be by now if not talk to us) make sure you use less than $11,000.00 only and try to pay it off every month. This will continue to build good payment history.

Your credit score is like raising a child, the more good stuff you put in it, the better it will turn out. REMEMBER GIGO Garbage In Garbage Out and for our conversation, Good In Good Out Improving your credit also requires some time.

Your credit score will steadily increase over time, in some cases several years, in others several months depending on your current credit profile and how extensive your credit profile is today.

Patience is Virtue.

If you are thinking of becoming Financially Free or thinking of starting a new business, contact us and we will show YOU how YOU can become UNSTOPPABLE in your own business and take YOUR LIFE to the levels ONLY YOU CAN IMAGINE!

I hope you found this information helpful.

Credit Repair Miami Fl - Identity Theft Protection

Think about it this way, you worked very very hard to earn your million dollars. Are you going to protect the million dollars or you are going to let someone steal it away from you.

 Did you know that someone's identity is being stolen every 3 seconds?

Prevention is better than Cure, preventing your account from getting stolen.

Did you know that by just having a Great Credit you can save more than a Million Dollars in your life span. Did you know that Banks will give money to people who have great credit than to people who have no credit and less than perfect credit? In fact Banks will give you money when you actually don't need it and how do they know that because you keep your balances less than 30% and make payments on time and manage your money well. They want to give you the money so you can manage the money for them.

With regards to protecting your credit, let’s start with the basics. Now that you have improved your credit the first thing you need to do is protect it. Identity theft is the fastest growing crime in this country and someone's Identity is stolen every 3 seconds.

The amount of damage that can be done in a very short period of time by Identity theft is staggering. Someone could be using your Identity right now opening up new accounts in your name and you would be responsible for it. You will spend an exorbitant amount of time trying to clear up your name as well as your credit report. All the hard work you did to come so far can vanish in split second. So get identity theft protection immediately. 

 Maintaining great credit as you now know is very very important. Protecting it is even more important now days.

I hope you found this information helpful.

Credit Repair Miami Fl - Teach Your Children about Credit

Now that you have learned the importance of having great credit, protecting your credit, would you want to teach the same principles to your children? 

You have seen the difference in life when you have a great credit VS. bad credit. I was at lunch with a very beautiful person. She has children when she was young. Her ex husband who had zero knowledge, understanding and awareness of Credit is living miserably. While her new boyfriend who understands the importance of Credit own not only a number of businesses but is a person with great heart and love and care. 

This is who you become when you start following the principles. Now her boyfriend is teaching the same principles to her boys and they love him as they are enjoying the life style as well. 

I was reading a magazine and in it was comment by Ray Kroc, founder of McDonald's Chain. This is what he said:

"It's a matter of having principles. 

It's easy to have principles when you're 

rich. The important thing is to have 

principles when youre poor." - Ray Kroc 

Having discipline and principles is very important for success from the get go. Now I know you want to share this information with your children I know you are already aware of what you want to do, but here are few of my suggestions. 

There are several ways to teach your children about the importance of good credit. Involve your children in discussions about money and the importance of having good credit. Teach them about saving money, credit cards, paying bills on time, the benefits of having good credit.

Some simple things you can do is set them up a saving account. Create an environment where they earn money for purchases of none necessity items. Teaching a child to save their money to buy things vs. using credit cards can mean the difference between your child being financially successful or ending up in debt upon graduating from college.

There are many books and interactive games that can help you teach Financial Literacy to your children and give them the chance to be successful in life.

I hope you found this information helpful.

Credit Repair Miami Fl - What to do now I have improved my credit score?

NOTHING, ABSOLUTLY NOTHING…
This is what majority of the people end up doing. But YOU are different. You have been relentless and taken all the steps and you are all the way here.

Now is the time to enjoy your life. You want to go and celebrate. I am going to let you explore the opportunities. We have walked this path together for a long time. I am very confident that you now know your potential, your goals, your desires, your dreams are all within your reach.

Once you have secured a good credit score there are things you will want to do to take advantage of your new credit score. After all, the purpose of improving your credit was to improve your life. Take a look at all the things you have financed and see what interest rates you are paying. Can you now reduce your interest rate because you have a better credit score?

In some cases you will be able to save money on the interest you pay. What about insurance
costs can you now reduce your insurance premiums on your car and home owners policies?

Did you know that if you have bad credit you can pay in some cases as much as 3 times the
normal cost for car insurance? Call your insurance agent and have them review your policy based on your new credit rating.

What about your auto loan? Contact your bank or existing lender to see if you can refinance
your loan for a lower interest rate.

Like I said now you are in YOUR PLACE OF POWER. You are standing at the pedestal where you chose your own terms. You chose the life style you want to create for yourself.

Maintaining great credit as you now know is very very important. Protecting it is even more important now days.

If you are thinking of starting a new business, contact us and we will show how you become UNSTOPPABLE in your own business and take YOUR LIFE to the levels ONLY YOU CAN IMAGINE!
I hope you found this information helpful.

Credit Repair Miami Fl - Why should you hire a company to fix your credit?

Do You Really Think You Still Need A Credit Repair Company?

The answer really depends upon you and your situation. You really have to evaluate this thoroughly.

Even though you have learned the process and ins and outs of the process, still you may be unsure. May you are not confident. You may be thinking what is I did something wrong, will I be able to go back and correct it or will it even hurt me more. There are so many laws that keep changing and that it becomes very difficult for person not in the same profession to keep up to date.

This is the reason there are professionals in every field as they will help you to understand and work with you. Now I am sure there are both good professional as well not so good professional in every field. One more very important thing to remember that we have seen time and time again is many people start their own credit repair and they do not see any results and then are frustrated even more and come to us to help. It is a time consuming process and involved. It can take time away from your more important things in life.

If you still want to work with a credit repair, I would recommend keeping the following in mind:

-How long has the company been in existence?
-How many states can they do credit repair?

This critical as you know they are working to keep themselves up to date as the laws are very different in different states.

-What kind of rating they have with Better Bureau of Business?
-What kind of Guarantee do they provide?
-Who comes first when they are working with a client, the client or the company?
-Are they willing to negotiate and work with your situation where you feel valued?
-Do they have system where you know exactly what is going on with your file?
-Do they have a way to update you on the progress?
-Can you reach out to them when you have a question?

Bottom line is; do your search thoroughly.

Hope this helps you make the decision on whether you want to do your own credit repair or want to hire someone.

Credit Repair Miami Fl - Can I legally Repair my Credit?

Is Credit Repair Legal?

Absolutely. The Fair Credit Reporting Act allows anyone to dispute inaccurate items on their credit reports. There's nothing we do that you cannot do yourself when it comes to fixing your credit situation. Individuals can restore their credit on their own but this can take time and a lot of knowledge when it comes to the credit laws.

Almost every person even remotely thinking about getting their credit repair today worries about the legality of the process. In today’s video we are going to discuss this very key topic.

Credit repair is legal and the FCRA provides the guidelines that must be followed in order to correct any errors on a consumer’s credit report.

The issue arises when companies make false claims or recommend to clients trying to fix their credit to do things that are not legal and would be otherwise considered fraud by causing the consumer to do a fraudulent act.

You want to make sure when using a credit repair service that you are dealing with a reputable company and the process that they use is legal and follows the FCRA guidelines. If they are not following the FCRA guidelines you are leaving yourself open to be taken advantage of or potentially committing fraud.