Credit Score Frequently Asked Questions

The following are a few common questions consumers have about credit ratings:

Why Raise a Credit Score?

When an individual with a low credit score applies for a home or auto loan, credit card, or even a student loan, he or she is generally be denied the loan, even a small one. This means that improving credit score ratings can help consumers get a loan in their time of need! As credit card companies have tightened their standards and unemployment is on the rise, more individuals are checking into credit repair programs.

What Causes Low Credit Scores?

Many consumers have experienced circumstances that have caused them to miss payments that have resulted in negative marks on their credit report. While their circumstances are often understandable, it is also logical why a lender would avoid loaning to a person whose credit history looks questionable on paper. Low credit scores can be changed by consistently paying loans and resolving past issues with outstanding debt. Consumers can also use credit repair services like debt counseling, loan consolidation, and other types of assistance.

No matter how bad your credit scores are, Vitesse Financial is here to help you raise your scores with our credit repair service. You may be asking yourself, what is a credit score and why is it important to me? A credit score is a numerical expression based on a personís credit files and history, which represents the credit worthiness of that person. When you go to bank, lender or any other finance company to apply for a home, auto or other loan, they use your credit scores to determine if you qualify for the loan and at what interest rate; If you have low or bad credit scores, the lender will deny (or disapprove) your loan. If you find yourself in this situation, we are here to help you in raising your credit scores as quickly as possible

At Vitesse Financial, we specialize in improving the credit reports of people with low or bad credit scores that may have resulted from late payments, negative settlements, collections/charge offs, liens and judgments. We are also here to help people who have filed bankruptcy or experienced a foreclosure or short sale. Specificly we work closely with "high risk" companies like EZ Pay, so your transaction will go smoothly and effeciently, without damaging or lowering your credit score. However, there are few questions that comes up in the minds of consumers in this regard, these questions are

What are credit scores used for?

Lenders such as banks and credit card companies use credit scores to determine if you are credit worthy for a home, auto or other loan. If you have filed bankruptcy or have had a foreclosure, and you have bad or low score, then you will not be approved for the loan.

Why trust our company to raise your credit score?

At Vitesse Financial, our credit experts start with a FREE, no obligation consultation to help assess your specific needs and goals. Then we work directly with you and the credit bureaus to try to raise your credit scores. We work to clean your credit history by disputing errors and inaccuracies on your credit reports, in an attempt to raise the scores to their maximum potential. We have experienced great success with many of our clients who are now enjoying their best scores and saving money with low interest rates.

Please visit our Testimonials page to view genuine testimonials that our clients have provided on our website. If you find yourself facing similar credit issues, please contact us to see what our credit experts can do to help!

Is It Difficult to Raise a Score?

The good news to consumers that raising credit ratings is not an unreachable goal that requires vague steps or good luck--it is a process that is achievable by anyone who takes the necessary steps. A credit repair specialist can provide detailed information about an individual's credit score, exactly what it means to lenders, and how to improve it.

Immediate Steps

A consumer who suspects he or she may need a loan should check his or her credit report. The individual should verify that there are no errors on the report. Should his or her score below, the consumer should be prepared to be denied for the loan. Fortunately, if you are in this situation, you can take immediate as well as long-term steps to repair your credit report and raise your scores.

Have More Questions? Feel Free To Contact Our Credit Repair Specialist!

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