A credit report is a consumer's financial report card. Lenders report their history with you to the credit bureaus, and the credit reports are the summary. It lists the types of credit you use, how long your accounts have been open, and whether you pay your bills on time (among other factors).

Credit card companies, banks, mortgage companies, auto loan and insurance companies, landlords, and employers use credit reports to check on your credit history before deciding on doing business with you. Why? They know that if you were responsible in the past, you are likely to be responsible in the future.

"Credit scoring" is a system creditors use to help determine whether to give you credit, and how much to charge you for it. When you apply for credit, the creditor or lender will request your report and score from one of the big three bureaus—Equifax, Experian, or Transunion—and sometimes (for example, when applying for a mortgage) they will pull reports and scores from all three. Your "credit worthiness" comes from calculating your credit history against a system called the Fair Isaac Model. Fair Isaac uses a variety of factors to determine your score: your bill-paying history, the number and type of accounts you have, late payments, collection actions, outstanding debt, and the age of your accounts.

The final outcome of those calculations is referred to as your FICO® score. FICO® scores range from 300-850, but the majority of scores fall between the 600s and 700s. While a FICO® score above 700 will get you a very good mortgage rate, a score above 720 will get you an even better rate, saving you thousands of dollars.

Correcting mistakes on a credit report in order to repair an undesirable credit score takes time and it is your responsibility to correct mistakes that may appear in your credit report—whether you do it yourself, or utilize us on your behalf to handle the intricate paperwork and document processing.

Your monthly loan and credit card payments can easily be 40-70% higher with a low a score! A higher credit score can save you an enormous amount of money by qualifying you for a lower interest rate (and by letting you qualify in the first place).

Credit repair is 100% legal. It works because of a law called "The Fair Credit Reporting Act," which was set up by the Federal Trade Commission to protect consumers.

The FCRA gives you the right to dispute any item on your credit report. If that item cannot be verified within a reasonable time (usually 30 days), it must be removed. Even accurate negative items can often be removed or negotiated away. This law is the basis of all credit repair and the foundation of our business.

Through our services, 93% of our clients see their credit scores increase in as little as a month or two.

To be completely transparent, some clients do not see any results. Often no inaccuracies or errors exist, and in those cases, there is nothing to be done. Which, in itself, is valuable information because it means you can move on to the next solution in improving your credit score—which there are quite a few; and at Credit Phoenix, we would be more than happy to provide you with alternative solutions.

However, given that our service does not always work, we have gone above-and-beyond to provide our clients with the best guarantee in the entire industry—if we cannot remove any inaccurate, negative information in your first 90 days, we will refund you in full! (less the start-up fee)

Thoroughness, consistency, persistence, and patience are paramount to credit repair. You pay us to be the first three for you, and we simply ask you to be patient for us.

Each credit report varies from person to person, and in order to provide an accurate quote, we must consider the goals of our clients, along with the questionable items found in their credit report. Please do not hesitate to reach out to us for your FREE consultation and credit analysis.

We offer different poducts and services to match every budget. We are here to help you.

Bluntly, no. However, be wary of any credit repair company that promises to remove any negative information from your credit report, refuses or avoids explaning your rghts to you, charges you up-front for credit repair services, or tells you not to contact credit reporting companies.

Credit repair companies are subject ot numerous federal laws, incuding the Credit Repair Organizations Act and often the Telemarketing Sales Rule, both of which forbid credit repair organizations from using deceptive practices and from accepting up-front fees.