Welcome
It’s common knowledge that the three major credit bureaus are Transunion, Equifax, and Experian. It’s not so well known that these are private companies, not “government run”. These companies have continual records being added to credit reports like yours that are inaccurate or unverifiable and are hurting your score. For a typical 30-year mortgage that could cost you well over $100,000!
Having good credit has never been more important than it is today. Car loans, home loans, insurance, even some employers factor your credit score into their final decision. Make sure they’re seeing a positive reflection of the person you are.
Some Key Points to Know:
- The Credit Bureaus don't want you to have perfect credit. They are “in bed” with lenders and get a higher profit if your score is lower. If you have negative or inaccurate information on your credit reports, these companies will charge you higher interest rates. Studies have shown that over three-quarters of all credit reports have errors of some type on them.
- You have rights under the “Fair Credit Reporting Act” to challenge questionable items that appear on your report. The law allows you to dispute items that you think are inaccurate, out-dated, misleading, untimely or unverifiable. Don’t wait years for your credit to come around. Take action on your rights to improve your credit now.
Why MCFR?
You also have the right to hire a professional to assist you in this matter. Sure, you could attempt to repair your credit on your own. But with so much gain or loss riding on this, in tough times already, is it worth taking that chance? Put the professionals at MCFR to work for you. Get a person when you call, not a recording.
Remember, the Credit Bureaus are profit-driven companies and make more if your scores are low. They assume you’re file is correct as it’s reported to them by creditors. Take control of your credit future. Don’t just hope that your credit is good enough to get what you want, put yourself in the driver’s seat. Call today for your free consultation.