Las Vegas is one of the biggest financial hubs in the world, and not because it is home to so many casinos. Las Vegas is just as much a business capital as New York City, and is definitely one of the busiest cities in the west. It is also one of the most expensive places to live and work, making it almost impossible, in some instances, for those with bad credit, to get the home and lifestyle they want, even if the bad credit is not a result of their own actions. If you are suffering from bad credit, the best thing to do is call a Las Vegas credit repair company as soon as possible.
There are many credit repair firms in Las Vegas, but only we offer a range of unique services and work with a law firm to bring you some of the best services in credit repair Las Vegas can offer. Don’t let Sin City drive you away! Las Vegas is a great place to live, whether you are looking for a fast-paced lifestyle or a desert getaway. Living here is easier, however, if you have good credit. So, what causes bad credit and how can our unique services help to repair it?
The best credit repair in Las Vegas is found right here, with our company. Because we network with on-staff attorneys, you will have the law on your side. We work only in 100% legal ways, providing you with real solutions to your problem, not just a list of theoretical fixes. If you are trying to buy a home or car, you need better credit immediately, not in ten years. This is where our services come in.
Don’t settle for less than the best. That’s what Vegas is all about—the best of the best, and that is why we offer our services here. While Las Vegas seems like a place to come and lose money, it’s also a great place to come and improve your financial situation. Stop worrying about your credit and start doing something about it.
Credit scores range depending on what entity is collecting and compiling the information. For example, FICO’s scores range from 300 to 850. VantageScore’s range from 501 to 990, though they have recently changed to new system that uses the same scale as FICO. In general, you can think of credit score in terms of being between 300 and 850. 300 is a very bad credit score. It is the absolutely lowest your score can be. While the goal is to be above 700, for some lenders, even those with a score in the low 700s will get higher borrowing rates than those who have a score in the upper 700s or 800s.
In general, a bad score is considered to be below 700, with the technical classification of bad credit being below 620. Anything lower than 620 will seriously affect your ability to rent or buy a home, as well as buy a car. While bad credit may not necessarily prevent you from making these purchases, it will definitely make it more expensive. People with “bad credit” are considered more of a risk, and therefore must borrow at higher rates than those who “good credit” (who are considered to be less of a risk).
There are plenty of factors that can cause bad credit. Most things that cause a low credit score are a result of our actions, but there are some factors that are beyond our control. Understanding what causes bad credit can help you in the future, after your credit is repaired, to maintain your good credit standing.
A few of the most common mistakes that can pull down your credit score are paying bills late, not paying bills at all, defaulting on loans, and declaring bankruptcy. These things will obviously cause serious trouble for your score. But there are also some things that can affect your score that are not as obvious.
These are, racking up large purchases on your credit cards, or maxing them out. Even if you make regular payments, in full, to your balance, having a maxed out or high balance on your credit card, can reflect negatively in your score. Did you know that if you close a credit card that still has a balance, it makes your card look like it is maxed out? Closing a card before paying it off (and even closing old lines of credit, even without balances) will also pull down your credit.
Another thing that can seriously hurt your credit is not having a high debit to credit ratio. Again, even if you pay all of your bills on time and meet the minimum payment requirements, if you cannot prove that you have cash on hand, it may reflect poorly in your credit score. In addition, your lenders can make a mistake in reporting your credit, which can take a serious toll on your score.
So, if you are experiencing these problems, what can you do about them? Our credit repair company is prepared to help you fix any mistakes and aggressively fight for a better credit score.
Credit repair is a process of taking real action to improve your credit. While there are many things that you can do to improve your credit, with the help of our on-staff lawyers, there are plenty of actions that we can take to help boost your score. You shouldn’t have to live with a bad score, especially if you are actively working to improve it yourself.
This is why we provide a comprehensive audit of everyone who is involved in the supervision and reporting of your credit. We look for the underlying actions behind your poor credit score and then formulate a real action-based solution based on your goals.
No matter what actions you take, there is only so much that the average person can do to improve their credit score. It takes a lot of time and careful work to raise your score, time that many people do not have. This can be solved by working with our company. Our services are labeled “aggressive” because we believe in taking real action to improve your credit quickly.
Most other credit repair companies will claim that they can repair your credit, and then return to tell you that your credit is beyond hope, after, of course, collecting their fee. We prefer to make a real difference in the lives of our clients, finding a positive course of action, working with both you and those who report on your credit, to make sure that your score improves. Our staff of lawyers and trained professionals are the best of the best!
Give us a call today to set up your consultation and start improving your score and life immediately!