If you have a low credit score, you will definitely have financial problems when applying for car loans, mortgages or seeking finances for any investment activities. Lending companies rely greatly on the ability of the client to pay back what they borrow, and this is often directed by the credit score. A bad credit score shows the lender that you do not always pay your bills on time, you’re over your credit limit on your cards or have a record of owing money but not paying it back. Financial setbacks are quite common and they should not stop you from making greater financial strides in future. Our credit repair services at York Credit will help you do just that.
Some of the types of credit problems which may affect your credit score that we can help with, include high credit card debts, payday loans, student loans, income tax debt and foreclosure debt problems. If you owe more than you can pay back, you need a credit repair solution as soon as possible. Credit repair helps you focus on paying your debt within the shortest time possible so you can move on financially from crippling debt.
In Canada, most items will stay on your credit report for up to six years; bad debt is likely to fall off over time. Therefore, every New Year is an opportunity for you to improve your credit score. There are also various monitoring systems set in place making it necessary for us to work in liaison with monitoring and reporting finance partners in order to improve the credit score of our clients. Credit repair however, is not an easy process and it is only suitable for individuals who are willing to commit to the program. Improving your credit score will rely on proving yourself as financially responsible over a timeframe. Even though financial institutions and most lenders want clients with credit score in low risk ranges, they are also interested in how you can handle fiscal matters within shorter time frames such as one to three years.
At York Credit Services, our credit repair service gives you the opportunity to build a new valuable credit report that will be the reference point for other lenders and financial institutions. We cannot expunge any accurate negative credit information from your credit report before the legal time expires and this is not what we claim to do. There are no laws that allow credit companies to get correct information off your credit report. We can only help you control the information that goes into your credit score from the point of interaction with our company, including helping you with systems that equip you to get out of bad debt.
Using third party lenders, we can introduce loans and a credit card into your credit report which we will help you monitor to get you a better credit score with time. You will need to make recurring payments to your debts; we can arrange on the most convenient way for you to make these payments. York Credit Services will provide credit monitoring and coaching analysis through the process.