How Does Credit Repair Work?

Credit repair is the process of fixing your credit so that it meets the standards of lenders and creditors. This can be done by disputing inaccurate information on your credit report, paying off outstanding debts, and improving your payment history.

At White Jacobs, we understand that good credit is essential to achieving your financial goals. That’s why we offer a variety of credit repair services to our clients in Scottsdale and Fresno. We will work with you to create a customized plan that fits your unique situation and helps you improve your credit score.

Contact us today to learn more about our credit repair services and how we can help you achieve your financial goals.

Common Mistakes That Impact Your Credit Score

If you're working to improve your credit score, it's important to avoid common mistakes that can impact your progress. Here are a few of the most common mistakes that can stand in the way of a good credit score:

1. Not paying bills on time - One of the biggest factors in your credit score is your payment history. missed or late payments can have a major negative impact on your score.
2. Maxing out credit cards - Another big factor in your credit score is your credit utilization ratio, which is the percentage of available credit you're using at any given time. maxing out your cards will hurt your score, so try to keep your balances below 30% of your total limit.
3. Applying for too much new credit - Every time you apply for new credit, it results in a hard inquiry on your report, which can temporarily lower your score. So, if you're planning to apply for a new loan or line of credit, try to do it all at once instead of spreading out multiple applications over time.
4. Closing unused accounts - It may seem like closing unused accounts would help improve your utilization ratio, but it can actually have the opposite effect. That's because closing an account removes the available credit from your report, which can make it look like you're using more of your available credit than you actually are. So, unless an unused account has an annual fee or you're trying to avoid temptation by keeping it open

Benefits of Credit Repair Services

If you're looking to improve your credit score, White Jacobs can help. We offer credit repair services in Scottsdale and Fresno that can help you improve your credit score and get back on track financially.

Credit repair services can help you remove erroneous or outdated information from your credit report, negotiate with creditors to remove negative items, and develop a plan to improve your credit score. Our services are designed to help you improve your credit score so you can qualify for better interest rates on loans and lines of credit, and ultimately save money.

If you're struggling with bad credit, White Jacobs can help. Contact us today to learn more about our credit repair services and how we can help you achieve your financial goals.