Credit Counseling Agency

credit counseling services philadelphiaChoosing the right credit counseling agency can help you get past your debts and turn your life around. We strive to provide the best service and assistance, helping you find the consolidation solution that helps you regain financial stability. Our credit card debt relief and counseling service in the Philadelphia and Bucks County, PA area is tailored to your needs.

We answer all of your questions and communicate with you to help develop effective spending plans, regaining control of your finances. At our agency, we make sure your debt payments can be covered without sacrificing other needs. Let us educate you and help you decide the best solution for your situation.


Who are the credit Agencies?
Equifax
Experian
TransUnion
How accurate is your credit report?

  • 25% contain errors serious enough to result in denial of credit
  • 30% contain credit accounts that had been closed by the consumer but incorrectly remain listed as open
  • 54% contain personal demographic information that was misspelled, long-outdated, belong to a stranger, or is otherwise incorrect
  • 79% contain mistakes of some king

Who reports to the credit agencies?

  • Credit Card Companies
  • Mortgage Companies
  • Car Loan Companies
  • Banks
  • Cell Phone Providers
  • Insurance Companies
  • Utilies

Myths

  • Closing accounts can increase your score.
  • Paying collect accounts will repair your credit.
  • Opening multiple credit cards will increase your score.
  • Running your credit will not impact your score.

Credit Rankings

  • Below 500 = No Financing
  • 500 to 619 = Poor
  • 620 to 679 = Fair
  • 680 to 729 = Good
  • 730 to 850 = Excellent

Components of Credit Scores

  • 35% Payment History
  • 30% Amount Owed
  • 15% Length of Credit History
  • 10% New Credit
  • 10% Types of Credit Used

How to Maintain Good Credit

  • Keep Credit Balances Below 30% Available Credit Lines
  • Stable Home & Employment Will Help Long Term Budgets
  • Keep Credit Score Inquiries at a Minimum

Credit Counseling Services

As you struggle with payments and other credit obligations, you need the best counseling service and debt consolidation advice in Philadelphia. At our agency, we answer all of your questions, evaluating your debt and offering personalized services.

How to Build Credit If You Keep Getting Denies
Secured accounts are the best way to start re-establishing and strengthening credit. These can be obtained through secured loans and secured credit cards. Many companies offer this option.
The Cost of Credit

$20,000 Car Financed for 6 Years
Credit Status Rate Payment Interest Paid
Perfect 5% $377.42 $2,645.00
Mildly Damaged 10% $424.94 $5,496.00
Damaged 20% $529.88 $11,792.00

 

$150,000 Mortgage Financed for 30 Years
Credit Status Rate Payment Interest Paid
Perfect 5.5% $851.68 $156,604.80
Mildly Damaged 8.5% $1,153.37 $265,213.20
Damaged 12.5% $1,600.89 $426,320.40

Protect Your Rights

  • Financial Investments & Trust works in compliance with Section 611 under the provisions of the Fair Credit Reporting Act (15 USC section 1681i) and the Fair and Accurate Credit Transaction Act (FCRA, 15 USC 1681 et seq.) to defend the rights of consumers.
  • Credit reporting agencies and organizations that provide information to CRA’s (such as banks, credit card companies, etc.) have responsibilities. We enforce consumer rights by using these laws and ensure the guidelines of the Federal Trade Commission are followed.

Receive the best credit counseling service in Philadelphia and Bucks County, PA with Quality Credit Repair. Contact us today to speak with a certified professional about your situation.

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Best Credit Counseling