Why Choose Financial 180 Group?

Your Credit may be the most valuable asset you have.
It may not seem that way to you until you need it. You may have a nice house, a new car and a boat in the marina, but if you are like most people, your credit is how you got those things. What makes  your credit so valuable is how it affects what you pay for the good things, the necessities of life.

A good credit rating can mean saving hundreds of thousands of dollars in interest over time. Money could be used to create wealth and comfort for your family. Some people never have credit issues and never have to face the consequences negative credit can present.

Most people, however, have less than perfect credit and find it difficult to buy their dream home or car. Some even find it almost impossible to provide even the most basic necessities for their family. Often these problems are caused by circumstances beyond their contro:. loss of a job, divorce, and catastrophic illness. These are just some of the problems that force people into nightmare that negative credit can cause.

The longer you wait to resolve the problem, the worse it gets. A few late payments lead to closed accounts, repossessions, foreclosures, judgments, and in some cases, even bankruptcy. At some point, you realize that something has to be done. That’s the time to contact Financial 180 Group.

We have been working with people with credit problems for over a decade. We have dedicated ourselves to performing our services with the highest degree of integrity and professionalism from the day you contact us until the day our last service is performed.

Why trust anyone else?

How We help

With Financial 180 Group, it’s as easy as 1-2-3!

1. EDUCATION In order to decide if you have a problem or need our services, it is first important that you understand the credit reporting system and how it affects you.

Review our Frequently Asked Questions and comprehensive answers. Anyone can give you a copy of the Federal Fair Credit Reporting Act or a pamphlet that tells you what some of your rights are. Financial 180 Group believes that our best customer is an educated customer. That’s why we include reference to the law and some examples of how it works.

2. DISPUTE LETTERS The most important tool in the credit repair arsenal is the dispute letter. Financial 180 Group has been providing quality dispute notifications for their clients for over ten years. These letters are constantly updated and modified to reflect changes in the law as well as changes in the responses from the credit reporting agencies.

When you get your responses from the credit bureaus, wel help you interpret what they mean and take further action if necessary. Often, the revised credit report poses more questions than the original. We do whatever is necessary to address and answer those questions.

3. LIFE AFTER CREDIT REPAIR Most credit services agencies take your money and disappear. Assuming you were lucky enough to get what you paid for in the first place, you can pretty much be sure they won’t be around if you need them in the future. Financial 180 Group is here to help you after we perform our services. We offer strategies to help you build your credit after it has been restored, and how to avoid the pitfalls that brought you to us in the first place.

Understanding Your Credit Report

Do you understand what is on your credit report?
If your answer is “No,” don’t worry. You are definitely not alone!

Most people cannot read a credit report, much less understand what one means. You may look at your report and think you are looking at a foreign language. Guess what. You are. We call that language Credit Speak.

Before you can truly understand what your credit report means, you must first learn the basics of Credit Speak. This two-pronged approach to reading a credit report is challenging at first. We at Financial 180 Group are here to help you meet the challenge.

When you first look at a credit report, the first thing you notice is that nothing really makes sense.

1. What in the world does “I-9” mean?
2. What does “FDTXL” spell?

So what does it all mean? Simply put, these are some examples of the building blocks of Credit Speak; Just as the ABC’s are the building blocks of the English language. Once you master the basics, Credit Speak will become a second language and really no task for you at all.

Once you are able to read your credit report, you will need to understand what each entry means, and how it affects you. Some of it is pretty straightforward at first. An entry that says “paid/was 30” means you paid the account and you were 30 days late once. Easy, right? Well, maybe not as easy as it looks.

Because there are factors that make that entry more or less important. A 30 day late entry that is a month old is a much bigger problem than one that is three years old. And it will change your credit score more drastically as well. When you understand what kind of negative entries affect your score more than others, it will be easier to decide which entries to attack. And more importantly how to attack them.

What kind of Information Influences My Credit Score?

Your credit profile is composed of five basic components. When you understand what goes into a good credit score, you will be better able to control yours in a meaningful way. Understanding this information will help you make decisions.

1. Should you close an account?
2. Should you apply for more credit?
3. Should you pay someone off?
4. Or should you continue to make regular payments to demonstrate good payment history.

The answers to these questions will probably not be the same for everyone. When you review your credit history, you will be able to determine which strategies will work best for your special situation.

The 5 basic elements of a credit profile are as follows:

1. Payment History. This accounts for about 35% of your score.
2. Amount Owed. This accounts for about 30% of your score.
3. Length of Credit history. This accounts for about 15% of your credit score.
4. New Credit. This accounts for about 10% of your score.
5. Types of Credit Used. This accounts for about 10% of your score.

Keep these ratios in mind; they are important. They will act as a guideline when you decide to take control of your credit history. They tell you what areas of your credit need more attention. And you make adjustments according to your particular needs. Not according to what someone thinks you need.

Just as important as knowing what is in your credit profile is understanding what factors do not affect your score, or which may not affect your score as a matter of law.

The information collected about you should demonstrate how you manage your credit. It may not in any form take into account your race, religion, gender, or age, among other things. If you feel that a creditor is discriminating against you based upon such things, you may file a complaint with the Federal Trade Commission or Attorney General. Discrimination in lending is a serious crime and a violation of your rights.

Some of the information that ‘may not be contained’ in your report are the following:

1. Race, creed, color, national origin, sex, or marital status.
2. Your age.
3. Where you live.
4. Interest rate being charged on other accounts.

Why Credit Report Repair?

In the court system you are presumed innocent until proven guilty. However, in the credit system, it may feel as though you are guilty until proven your innocence.

Thankfully, the law gives you the right to dispute any credit listing on your credit reports that you feel may be inaccurate, untimely, misleading, or unverifiable (questionable items). If a credit bureau can’t verify the accuracy of a disputed listing, then it must be removed from your credit report.

The Fair Credit Reporting Act (FCRA) gives you the right to accurate credit reporting. Exercise that right by having your questionable credit listings either verified as accurate or removed from your credit reports according to the law.

Why Financial 180 Group?

While the process of repairing credit reports should be easy to do on your own, getting results can be difficult, time consuming, and frustrating. That’s where Financial 180 Group comes in.

For over 15 years, Financial 180 Group has helped many clients improve their credit. Our many years of experience have helped us develop and refine our credit repair services to deliver optimal results-results which assisted our clients in the removal of over 6,000 items last year alone.

Why Act Now?

As lending options for consumers with poor credit continue to decrease, having a healthy credit score has never been more important. When you consider that the only alternative is waiting seven years for credit problems to go away, there’s no better time to act than the present.

You have an incredible array of rights when it comes to improving your credit, but you must take action on those rights to make them work for you.

Dealing with Collections Agencies is already difficult, credit reporting errors make it even worse. Even if you have paid off your debts and done everything a collections agency has asked of you, your credit reports could still be labeling you in a default. Many inaccurate or misleading collection accounts unfairly lower thousands of people’s credit scores. Either because of clerical errors, miscommunication, or even outright vengeful tactics by some collections agencies, collection accounts are among the most common errors on credit reports.

Financial 180 Group has the experience to attack multiple aspects of your collections problems and are not just limited to credit bureau disputes. Financial 180 Group will also contact creditors and collectors on your behalf. Through negotiations and by using your rights under the Fair Debt Collection Practices Act (FDCPA), Financial 180 Group will work with collections agencies to get them to stop reporting your accounts. And not only does Financial 180 work to remove the incorrect collections accounts from your credit reports, we’ll put forth the extra effort so they do not come back.

How Long Does it Take to Delete Bad Credit?

It usually takes between 30 and 45 days on the average, although sometimes it can take up to 90 days. When we start an investigation on an account off of your credit report these companies only have thirty days by law to respond or else the item must be erased. Not only do they only have thirty days to respond but they also only have that thirty days to prove that the item belongs to you and that it has been reported correctly. Since this rarely ever happens it would cause the item to be deleted.

Why should someone use credit repair?

The answer is simple. Negative information will stay on your credit report for 7 to 10 years from the last date of activity on the account and can cost you up to thousands of dollars in high interest rates and fees. This can also cause you to have problems financing anything from a house to a vehicle. Everything we do is somehow related to the information on your credit file. People are even getting turned down for jobs based on credit because it shows irresponsibility. By using our services, it will not only save you thousands of dollars in high interest rates and feels but also from the stress it causes and the embarrassment of being turned down wherever you go.