Fix Credit Report – Repair Boost Score Ratings

CreditScoreQuick.com Now Offers Free Information on Consumer Credit Repair and Assistance

Dallas, TX (PRWEB) July 24, 2008

CreditScoreQuick.com, created by a professional lender, recently introduced a series of articles dedicated to helping consumers learn how to repair their credit histories and lower credit risk, absolutely free of charge, through an online blog at CreditScoreQuick.com/blogger.htm. Recent topics in the blog include:

Rental and foreclosure collections and what it means in today’s housing market.
How consumers can determine their credit score at no cost and what it means for their financial planning.
How to avoid, or recover from, financial identity theft.
Before the recent housing crunch and increasing foreclosure rates, many consumers were unconcerned about their negative credit history, and banks were eager to get loans approved for customers. In order to receive quick loan approval, customers with negative credit histories were ripe for credit repair company’s assistance. According to CreditScoreQuick.com owner, Mike Clover, “During the real estate boom, credit repair companies were beating down my door for clients that needed credit restoration. We tried all kinds of companies who stated that they could help our clients out.”

Over time, Clover realized these companies were not doing anything except taking clients money. The fees these so-called credit repair companies charged consumers averaged $ 1,000 or more. “Being lenders during this extremely busy time, we did not have the time to repair our client’s credit reports, so we outsourced it. After exhausting just about every credit repair company in town, we decided to start directly helping clients repair their credit through our new company, CreditScoreQuick.com,” says Clover.

“We knew what needed to be done to help out individuals and families who were facing financial trouble so we started posting how to repair your credit articles on our Web site blog,” continues Clover. “Since we had first-hand experience in how to really fix credit reports, we decided to post our first hand experience on the web for free.”

When it comes to learning about credit and making sound financial decisions, may consumers find themselves buried in confusing information that doesn’t make sense, or even contradicts information from other sources. “We found that most people had fallen prey to credit repair scams because they were desperate for help,” Clover says. “Credit repair is just better money management education, and education on what affects your credit worthiness.”

According to CreditScoreQuick.com, no one can completely remove a debt they owe from their credit report. Many people have heard the “100 percent removal” sales pitch from credit repair companies so many times, that they truly believe it. But then they find out it is just a sales pitch designed to get them to register and spend anywhere from $ 1,000 to $ 2,000.

The results have been documented all over the Web announcing credit repair companies facing investigation and possible fines by the FTC and the Better Business Bureaus for not delivering what they promised.

So CreditScoreQuick.com took the liberty to show people what it takes to repair their credit report themselves. As part of their ongoing credit repair education series, CreditScoreQuick.com has begun posting better credit management education articles in a series of daily blogs. “Our top priority is to show the American people how important it is to mange your credit so you don’t get in financial trouble. If you have found yourself in trouble with your credit, you can repair your credit report through our site absolutely free, with no strings attached,” states Clover.

For additional information on repairing credit, e-mail CreditScoreQuick.com and they will respond to questions within 24-hours with a post on their company blog. CreditScoreQuick.com offers a full range of credit tools for consumers who wish to lower their credit risk including personal loan and mortgage applications, free credit reports, credit monitoring and identity theft protection.

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©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

BD Nationwide Mortgage Offers a Convertible Home Equity Line of Credit with Options to Refinance Portions to a Fixed Rate Second Mortgage Loan

Encinitas, CA (PRWEB) August 29, 2006

BD Nationwide Mortgage introduces a smart home equity loan that can separate into several loans with both fixed and adjustable rates. BD Nationwide has released a new home equity product that boasts of a convertible home equity line of credit offering options for turning variable interest rates into fixed rate second mortgages. BD Nationwide proudly presents the “Fixed Rate HELOC Conversion Program.” This unique home equity program allows homeowners to convert portions of their adjustable rate equity line into fixed rate home equity loans. Another key feature is that these second mortgages allow you to keep the unused portion of the home equity line open, while fixing the interest rate for the specified portion. In that sense, the HELOC splits into two loans. (one loan is a fixed lump-sum loan and the other is an open end line of credit)

Conversion options are available to convert a portion or all of the home equity line balance to a fixed interest rate home equity loan. This program allows you to convert HELOC portions to fixed rate loan eight times during the draw period.

Advances for fixed second mortgage rates can be requested at anytime during the ten-year draw period: Three fixed rate advances may be open at any one time. The conversion feature limits you to a total of eight fixed rate advances may be requested over the draw period. In addition, there are no lending fees to convert to a fixed rate. Loan advance options are based on the balance requested.

Lynda Nelms, a Sr. Loan Officer and Mortgage Consultant at BD Nationwide, said, “This is a progressive loan that allows my borrowers to be savvy using their home equity when they see fit, while converting adjustable rate interest into a fixed rate second mortgage with a simple interest amortization.” Nelms continued, “These days I find homeowners need cash out for debt consolidation or home improvements, but they already have a large second mortgage.”

The Fixed Rate HELOC Conversion Program enables our clients to refinance and convert their existing line of credit into a fixed rate second mortgage, while opening up an additional revolving credit line they can access later. This home equity conversion loan is a great solution for the recent dilemma of refinancing jumbo home equity loans that seem to be so common with million dollar homebuyers. BD Nationwide Mortgage Company has partnered with many of the nations leading home equity lenders.

Home Equity Line of Credit Draw Period : 10 years
Second Mortgage Rate is a Variable Rate ( WSJ prime interest rate index plus margin)

Home Equity Loan Terms: 15, 20, 25 or 30-years
Second mortgage rates are fixed interest rates (fixed interest based on market conditions on the conversion date)

Home Equity Loan Repayment Terms:
Borrower may request a fixed rate advance from the customer pitied dept. after the lender funds the loan.

Fixed Rate Advance Option: Fixed-rate advance options can initially be requested by loan officer at the time of disclosures.

To learn more and get additional loan information, please visit: Second Mortgage & Home Equity Loans

About BD Nationwide Mortgage Company:
BD Nationwide Mortgage is an indorse mortgage broker with corporate headquarters in Encinitas, California. They specialize in refinance, home equity loans and credit lines for homeowners seeking debt consolidation or cash out. The company focus remains solidifying with back mortgages for people with all types of credit. Always endeavoured to solicit “impart of the box” loans, BD Nationwide Mortgage is set to help expand financing solutions so more Americans can maximize the financial rewards of being a homeowner.

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Attachments

©Copyright 1997-

, Vocus PRW Holdings, LLC. Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

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New Service Provides Credit Repair Advice, Information on Free Credit Report Offers

Dallas (PRWEB) May 29, 2008

CreditScoreQuick.com has released ground-breaking news about how it provides an one-stop resource for free credit reports and free credit-repair advice. The company hopes to ease the burden on consumers searching for credit-report information.

“While you are surfing the Internet, sometimes it can be aggravating trying to decipher which credit report Web site to go to,” said Gibron Williams, a public relations representative with CreditScoreQuick.com. “So we have done the research and have found the top credit score reports the Web has to offer, and have provided them on our secure site.”

The company’s free credit repair advice service is unlike any other, where most companies charge big fees to do what consumers can do for free on the Internet. Once CreditScoreQuick.com has received a credit question under the Web site’s “credit resources tab,” the company will post the question and answer it on the site blog within 24 hours.

“Our passion and mission is to provide the most up-to-date information about credit news and credit strategies for today’s market. With your credit score being a hot topic with just about everyone, you cannot afford to be in the dark about your credit,” Williams said. “CreditScoreQuick.com is not a credit-repair site, but with our experience in the lending industry, we have extensive knowledge about what it takes to fix your credit. We believe most people fall prey to credit-repair scams because they are desperate for help. Our site offers the tools and information to repair your credit for free. According to the FTC, self-credit repair may be the best option.”

CreditScoreQuick.com believes there are reputable credit-repair companies out there that do provide credit education and credit-repair services for a fee. But consumers will find that most sell something they cannot deliver.

“If you are in take of credit restoration, stop by and see us on the Web,” Williams said. “We are helping out thousands on the Web get in the redress direction with self-help credit repair. Please visit us at http://www.creditscorequick.com today and join the self-help ascribe revolution.”

CreditScoreQuick.com
18170 Dallas Parkway
Suite 304
Dallas, TX 75287
Gibron Williams, Public Relations

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©Copyright 1997-

, Vocus PRW Holdings, LLC. Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

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Question by INFLGal: How do I fix credit report when the credit card company is no longer in business?
I am in the process of trying to buy a home and recently reviewed my credit report. I noticed that one account was quietened reported as opened with a balance.About 4 years ago, I had a credit card account with Conseco Greentree Financial services. The balance was sold off to another company when Conseco went bankrupt. I’ve since paid off the balance. I called the company that serviced the loan and they said there’s nothing they can do since they don’t appear anywhere on my credit report.How cn I get this fixed? I tin get Conseco to fix this since they are no longer in existence! HELP!!

Best answer:

Answer by Daniel L
You dispute it with the credit reporting agency. It is up to then to reverify the claim. If they cannot then request that it be removed from your report.

Add your own answer in the comments!

Question by alfredo c: Fix credit?
How to fix a credit. i put my wife in my credit cards but i separte and she use the card and i did not she spend a lot of money and now i need to pay back. what i can do it to fix my credit i cannot pay something i don’t spend we are married what i can do it she pay back to me.

Best answer:

Answer by abel jarrod
Have you ever thought about how many people in our country don’t have a perfect credit score? You will surely be surprised to know that over 30 million Americans have a below amounting credit score. Boosting your credit rating takes some work. There is no quick fix to increasing your ratings. Repairing any damage takes time, but it also does not spell doom!So what is credit rating anyways? It is an amount given to assess and reflect your creditworthiness. Your credit score will be a number valued from 300 to 850. While numerous factored can be attributed towards this rating, your payment and debt history are more important than others.To start with, you shall need a copy of your credit report. If everything in the reports is good, then you tinned be rest assured that you will have a good credit score. Getting your credit reports is leisurely and pain free. Actually you are permitted one free copy of your credit account, every year. Read more about your fix credit at: http://www.ascribe-card-gallery.com/article/196,Increasing_Your_Credit_Rating

Know better? Leave your own answer in the comments!