"ENHANCE MY CREDIT"
What Is Credit
Enhancement?
Credit Enhancement Is A Service That Allows You To Take Back Control Of Your Future!
Our Services Assist With:
Student Loans
Delinquent Accounts
Bankruptcy
Repossessions
Evictions
Collections
& More
Credit is a very important key to success although it has been taught otherwise. Therefore your credit profile should always be up to par so that you can go out and not only get the approval you desire, but so that you can begin to build the generation wealth you or your family deserve.
Book Your Credit Analysis And Let's Get You On The Way To Success!
HARD INQUIRES
Inquiries are 10% of your credit score. The fewer hard credit inquiries you have, the better. Too many hard inquiries can alter the decision of approval from lenders. Soft inquiries will not affect your credit score.However, if the account that you are applying for is approved it could turn into a hard inquiry.
ACCOUNT MIX
Account mix is 10% of your credit score.It’s best to have a mix of revolving (consistently owe, Bill differ monthly) accounts and installment accounts (set payments). Accounts such as
-Car loan
-Credit cards
-Mortgages etc.
WHAT AFFECTS MY CREDIT SCORE?
PAYMENT HISTORY
Payment history is 35% of your credit score so paying your bills on time monthly is critical.One missed/late payment could cost you up to 200 points.
CREDIT
UTILIZATION
Credit utilization is 30% of your credit score.This is how much debt you have based on your credit limit. You generally don’t want to exceed 30% of credit utilization.
CREDIT LENGTH
Credit age is 15% of your credit score.The older your credit age, the better! for this reason you should not close old accounts whereas this could cost you up to 83 points.
