FAQ’S

Credit is a very personal issue.

Remedy Credit Services  takes your credit seriously.

Please review the following information carefully:

1.  Can I just get a new credit number and start over?

You’ve probably seen ads from companies promising a “new credit identity” — that is, a fresh start for your credit history. It may seem like just the thing you need to get your credit back on track, but it’s actually a scam. These companies often sell Social Security numbers illegally. If you use a number other than your own to apply for credit, not only won’t you get credit, but you also could face fines or prison.

If you commit fraud, you might find yourself in legal trouble. It’s a federal crime to:

  • lie on a credit or loan application
  • misrepresent your Social Security number
  • obtain an EIN from the IRS under false pretenses

The bottom line is that if you use the number they sell you, you could face fines or time in prison.
(Shared from the Federal Trade Commission website as allowed)

2.  Do you guarantee that my credit score will increase to a number that will give me better credit options?

No Credit Repair company can do this.  If everything on your credit report is accurate and nothing can be challenged, then it comes down to reducing credit card debt and other credit restoration options.  We can guarantee you that we will educate you on how to make better decisions when it comes to learning how to create and maintain a healthy credit score.

3.  How fast will my credit score improve?

We can not guarantee a time frame, however most of our clients see a small improvement within 45 days and with your participation we can work diligently to improve your score monthly. After 9 months your score will probably be about as good as it is going to get in the short term.  The best part of our service is the education we will give you to maintain the credit score increase you have achieved. Long term planning and maintenance will guarantee an increase in your credit score.

4.  Can Accurate Negative Items be removed?

Yes in some cases with a friendly request and explanation we have been able to get a creditor to remove accurate negative credit reporting.

5.  Is my Low Credit score costing me money?

  • YES.  Every additional 1% of interest on $10,000.00 is costing you $100.00 per year.  If your interest rate is 5% higher on your new car loan due to your bad credit score that equals $41.66 more per $10,000.00 borrowed each and every month. Over a 5 year term that equals $2500.00.  Not to mention with poor credit the lender may not be willing to give you 5 years to repay, increasing your monthly payment even more. 
  • On a Home loan an interest rate increase of 1% for $150,000.00 is $1,500.00  more per year.  That equals $125.00 more each month and $45,000.00 more over the 30 year term.  
  • Your care insurance is higher if your credit score is low.
  • You may not be hired for that new job if you credit score is low. 



6.  How is my credit score determined?
How is my credit score determined graph













7.  Can I do Credit Repair on my own?

Sure you can, the three credit bureau’s offer tips and tricks, but why would you?  Some things are just better being left to professionals that know what they are doing. You could wire your entire house, or you could perform brain surgery, but again why would you? Contact us today for a FREE Consultation and then decide if our service is worth it.