“The best time to plant a tree was twenty years ago. The second best time is now.” -proverb Are medical bills piling up? Have you recently gone through a divorce? Is your home in foreclosure? Don’t worry–Trinity Credit Services is here to help! Trinity Credit Services was founded to help people just like you get [...]
Did you know that people with poor credit scores pay thousands of dollars more in interest on their credit cards, home loans, and auto loans than people with good credit? If you have poor credit, you should consider getting your credit fixed. Improving your credit takes time and has an initial cost, but it is [...]
There is a lot of misinformation about managing your credit and debts. Here are some of the biggest credit repair myths so you know fact from fiction. 1: Amount of debt affects credit score. “It was only for $50. It shouldn’t affect my score very much.” Fact: It doesn’t matter if you have an outstanding [...]
Medical bills can affect your credit score. When you receive a medical bill, it is not usually reported to the credit bureaus. Once the bills become past due, then the bills will likely be reported as past due. This can result in a decrease of your credit score. The amount that your credit score is [...]
Credit History makes up 35% of your credit score. Your most recent history (the last 2 years) matters the most. When you look at your FICO score and your score isn’t as high as you would like, it is most likely due to a few bad marks on your recent credit history. Many factors go [...]
If I declare bankruptcy, I can begin my credit report all over with a clean slate. When you file for bankruptcy, every credit account that you decide to include in bankruptcy will become an “included in bankruptcy” account. Additionally, a bankruptcy filing and bankruptcy discharge listing will appear in the court records section of your [...]
Each indecision brings its own delays, And days are lost lamenting over lost days. What you can do, or dream you can do, begin it; Boldness has genius, power and magic in it. ~ Johann Wolfgang von Goethe I love that quotation. If you need to change things in your life, don’t just sit there–take [...]
Bruce Lee once said “To hell with circumstances; I create opportunities.” Everyone has difficulties in life. Often times it is one’s attitude that makes all the difference. One of the best ways to feel better about your financial situation is to find out where you stand and make a plan to change it. Our expert [...]
Paying off your debt is critical to getting back on your feet financially. This requires self-discipline, willpower and commitment. Here are some tips to help you do it fast. Pay The Card With The Highest Interest First If you have several cards with varying interest rates, it is best to pay off the one with [...]
As consumers, we have been trained by the credit industry to equate the contents of our credit report with our credit worthiness. This is not necessarily true. Government research has recently discovered that the majority of consumers in the United States (about 79%) have inaccurate credit reports. If you have a bankruptcy, your chance of [...]
A collection company is a company that has been retained (hired) by the original creditor to collect on an outstanding debt. Collection companies can be very aggressive in their attempts to collect a debt and it is good to know your rights. In order to validate the debt, they are required to provide legal documentation [...]
By MATTHEW SCOTT DailyFinance Getting a divorce can be traumatic. It’s an ordeal that can take a financial and emotional toll on everyone involved. Even when the intent is to have a “friendly,” nonconfrontational divorce, both parties must make sure they’re doing everything possible to protect their financial futures. But quite often, people in the [...]
“Improve your business, your life, your relationships, your finances and your health. When you do the whole world improves.” – Mark Victor Hansen We are in the business of improving lives by improving credit. Call us at 1-888-669-7372 to get started!
The federal Fair Credit Reporting Act (FCRA) promotes the accuracy, fairness, and privacy of information in the files of consumer reporting agencies. It is up to you to make sure the information reported on your credit report accurately reflects your credit history. Here is a summary of your major rights under the FCRA: You must [...]
Maintaining a good credit score can be difficult. There are so many factors that make a difference in your credit score. With credit utilization ratios, credit histories and even identity theft to concern yourself with, it’s important to take every step possible to make sure that the rest of your finances are in order. What [...]
Now that it is 2011, have you been thinking about what you would like to change for the New Year? Most New Year’s resolutions are about getting in shape or dropping a bad habit. Wouldn’t it be great if you made positive changes in your financial life too? How would you like to spend this [...]
Bankruptcies can be devastating to your credit. A bankruptcy can remain on your credit report for up to 10 years. Getting credit after filing for bankruptcy can be difficult, but it is still possible. In this unstable economy it is hard to keep your head above water. The bills may be piling up, but there [...]
This holiday season, many people pull out their credit cards to purchase Christmas gifts. Some people are lured into opening store credit cards to “save 10%” or receive “no interest ’til 2012″ or something like that. While you are in the shopping mode, you may not be thinking about how this affects your credit report [...]
If you are like me, you receive credit card offers in the mail every week. The offers can be tempting, but will they hurt or harm your credit score? There is both a short-term and long-term consequence to applying for a new credit card. Here are some things to consider if you want to apply [...]
It costs far more to do nothing about your credit problems than it does to sign up for a credit repair program like Trinity Credit Services. Did you know that for every 1% in interest on a 30 year mortgage is equivalent to 25% of the amount financed. Example: $100,000 loan at 7% will cost [...]
The holidays are a joyous time of year, but many Americans overspend on gifts and celebrations. The overspending can cause serious harm to your credit score. The good news is that this is the best time of year to improve your credit score. Here are some tips to protect and improve your credit score: 1. [...]
MYTH: Open Lots of Accounts to Improve Your Credit It may seem like a good idea to have lots of credit accounts, but doing so can negatively affect your credit score. It is much better to maintain a few diverse accounts like a personal loan or mortgage along with a couple of credit cards that [...]
Many of our readers in the blogosphere look up companies on the Better Business Bureau. Here is a video about the BBB. http://abcnews.go.com/GMA/video/bbb-members-ratings-12129596
It used to be that a credit score of 680 was all you needed to get approved for financing through banks and credit card issuers and get decent interest rates. Those days are gone! Now you need a credit score of at least 720 to get approved for loans, credit cards, and mortgage refinancing with [...]
Credit repair has always been important. Mortgage, auto and personal lenders have long relied on your three-digit credit scores to determine if you are creditworthy enough to qualify for a loan. Lenders also rely on your credit scores to determine how much interest you’ll pay on these loans. But today, lenders aren’t the only ones [...]
Most people in the United States will never see a perfect credit score in their lifetime, there are a few individuals out there that have attained the perfect score. The credit scoring company FICO has reported that less than 1% of the individuals in the United States have a perfect score of 850. The majority [...]
When you are in the market to buy a home and you have bad credit, you have a few different options. Before you commit to anything, it is a good idea that you evaluate your options before you make this important decision. Most people are stuck paying off their mortgage for the next 30 years, [...]
When you look at your credit reports, do you have a difficult time deciphering what is helping you and what is hurting you on your credit report? Here are some things to look for on your credit report: Delinquent Accounts This includes accounts that were inaccurately reported as delinquent as well as those that were [...]
If you are thinking about buying a home, it is often a good idea to check out your credit first. You should probably check your credit several months before you plan to buy a home to ensure you have time to take care of any problems with your credit. If your scores are so low [...]
When the Credit Card Accountability, Responsibility, and Disclosure (CARD) Act of 2009 was passed into a law, many consumers were hopeful that the changes will protect them from unreasonable terms and conditions imposed by credit card companies. The changes to the Credit CARD law are beneficial if you are aware of your exact rights and [...]
By Tammy Faubion Published: Sunday, October 10, 2010 10:16 PM CDT Original Article McKinney, Texas – Today, the RE/MAX Integrity Team received a grant from the Texas Association of Realtors Housing Opportunity Foundation to host a home buyer workshop to educate local residents about housing assistance programs available, and how to take advantage of them. [...]
Congratulations on making the important first step to repairing your credit. In addition to signing up for our program, here are a few tricks of the credit repair trade that will really make your scores move fast. Open New Accounts The FICO scoring model will give you bonus points for opening new accounts after a [...]
Credit scores can range from 300 to 850. The higher your score, the more credit-worthy you are deemed to be. We all know what you can do to improve your score, but do you know what you can do to ruin your credit? If you do any of these, you are in the process of [...]
Credit repair may sound easy in concept, but it is often very difficult in practice. This is why most people hire trusted credit repair experts like Trinity Credit Services to fix their credit for them. It takes a lot of time and know-how to contest the negative information on your credit reports. The process is [...]
Many of our clients have compromised credit due to bankruptcy. Most people do not know anything about bankruptcy unless they are in the middle of it themselves. The following list breaks down bankruptcy jargon. Creditor The person or organization to whom the debtor owes money or some other form of legal obligation. Debtor The person [...]
Bad credit affects people financially, emotionally and psychologically. We assume that people who fail to pay their debts are “losers”. If we get in over our heads in debt, we can’t help but feel this way about ourselves. With bad credit comes embarrassment, shame, anxiety and depression. It doesn’t have to be this way. If [...]
Poor Judgment Many times people need to fix their credit because they got in over their heads. Don’t get me wrong I have been there and done that. We get a credit card, see something we want and buy it. Or we decide to buy a new sports car even though we know it costs [...]
Filing for bankruptcy is a complicated legal process; you can do it on your own, but it takes a lot of time and work. For most people, it will be helpful to consult with a bankruptcy attorney. They will begin by asking questions to determine your personal financial situation and which type of bankruptcy filing [...]
Budget When you begin a credit repair program, it is essential that you also learn to budget your money. Begin the process of gathering, sorting, categorizing and understanding the money you earn and spend. Build a Solid Foundation If you want to repair your credit, you need to make sure you have a solid foundation. [...]
Many people believe that the costs associated with having bad credit can be avoided. For example, people with bad credit pay higher interest rates, but they could pay in cash instead. People with bad credit pay higher mortgage rates, but they could just rent. Cell phone plans are more expensive with bad credit, but you [...]
Credit Reports generally contain five types of information: Identification Information Information such as the name of the individual, current and previous addresses, and Social Security number. Trade Line Information Detailed information reported by creditors on each current and past loan, lease, or other debt (such as utility and medical debts). Public Record Information Information derived [...]
- Registered with the Secretary of State and 100% Bonded, which means we are operating legally. – Operating under the guidelines of the FTC (Federal Trade Commission). – 6 month program only, best results will typically be seen in the first 90 days. – Multi-step process (certified mail sent to original creditors, all 3 credit [...]
MYTH: A Higher Income will Increase Credit Scores So many people say “do you know how much money I make?” when they get decline letters in the mail or don’t get the best interest rates or highest credit limits. The assumption is that an impressive salary leads to a great credit report and score. You [...]
Are you trying to buy a home, but can’t because of poor credit? In order to qualify for a mortgage, your credit score needs to be 620 and above. For anything below 740, there are price implications. People who have a lower debt-to-income ratio, might be able to get a Federal Housing Authority-backed mortgage with [...]
The first credit card that could be used at multiple locations was offered by The Diner’s Club in 1950. Visa was originally called BankAmericard. Mastercard was the first company to use holograms to prevent fraud. American Express started off as a shipping company in 1850. Visa stands for Visa International Service Association. Discover Card was [...]
There are several terms related to credit restoration and repair that are good to know. Our team at Trinity Credit Services wants our clients to be educated about how credit can affect many aspects of their life. Credit Report U.S. citizens have a credit report documenting their financial history beginning at age 18. Everyone starts [...]
Your credit report scores will determine your eligibility for a mortgage and the interest rate of your loan. A mortgage is a type of secured loan, worth the amount of what you are paying for your house, or slightly less depending on your down payment. Types of Mortgages There are many different types of mortgages, [...]
When you are looking to move to an apartment, do you consider your credit? No? Well, landlords do and that is why it is so important to have good credit! Your credit report indicates to a landlord your reliability and credibility. The better your credit, the less risk you pose to the landlord. If you [...]
There are approximately 250 million registered vehicles in the United States. About 8 million of these cars, SUVs, trucks and motorcycles were bought from dealerships in the last year. In most cases, the buyers of these vehicles needed some sort of auto loan. An auto loan is a type of secure loan in the amount [...]
The Fair Credit Reporting Act (FCRA) gives people the right to contest and challenge incorrect information on your credit report. Not only is it your right, it is your obligation. Regardless of this right, many people feel scared by the credit repair process. When credit repair is done correctly by a trusted credit repair company [...]
We operate 100% legally and we are registered with the Secretary of State of Texas.
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We operate 100% legally and we are registered with the Secretary of State of California.
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