LA Legal Law firm can put together a plan to get you and your family back on track faster than you may think. We exercise simple guidelines on how to properly get rid off all debt as a result in increasing your fico score over time through a more serious analysis of your credit report under the Fair Credit Reporting Act. LA Legal Law firm will put other a plan to make sure your credit score doesn’t keep you from financial freedom
If you need help getting your Credit Back on track contact us now for a free consultation.
Having a good credit score tells lenders that there is a lower risk in lending you money because you are more likely to repay your debts in a timely manner than someone who has a bad credit score. This means lenders will be more likely to lend you money, offer larger lines of credit, and require a lower interest rate.
For many people in today’s credit driven society, having good credit is key to getting the most out of their money because good credit means that less of your money goes towards paying interest and more goes towards paying off the principle on your debts.
Step 1 Case Intake
Once you engage our firm, we help you obtain your credit reports from the three major credit bureaus: TransUnion, Experian and Equifax. Since each client’s case is unique, we will collect specific information regarding your particular circumstances for each item in question.
Step 2 Legal action
The attorneys and paralegals assigned to your case will review your credit reports and then direct appropriate correspondence to your creditors and the credit bureaus. Your credit report items are carefully triaged and matched with just the right credit repair strategies as applicable to your case.
Step 3 Credit Score Analysis
Our Concord Premier clients receive a personalized credit score improvement analysis each month, including targeted information that may help to raise their credit scores. In addition, paralegals are available by phone, email, or website chat to provide helpful coaching regarding additional credit score enhancing tips.
Step 4 Follow-up and Escalation
La Legal Law Firm years of experience will work with you on which federal statutes to leverage in order to defend your case. Be sure to send us any responses you may receive from the credit bureaus or creditors.
When is a credit score “bad”?
Negative items affecting your credit score come in many forms, including:
• Overdue bill payments
• Maxed out credit cards
• Charge offs and collection accounts
• Identity theft
• Excessive third-party inquiries, etc.
Each item is equipped with its own level of severity and the power to damage your credit score. Combined, their strength can cripple it.
Implications of bad credit
Bad credit won’t impress lenders or landlords. In fact, they will likely view your unstable financial past as a good indication of future behavior. As a business risk, lenders will charge you higher interest rates, or simply deny you credit all together. Employers may pass you over in favor of an apparently more responsible applicant. Insurance companies may even charge higher premiums to compensate for your perceived high-risk lifestyle.