How much does bad credit cost?

The cost of credit repair is small compared to the cost of living with bad credit. It affects insurance rates for both auto and home, interest rates on loans, and even your ability to get a job. In the financial sector, you can’t hope to get a job in banking or finance without good credit. Below are a few examples of the cost of bad credit:

Will I Get Results?

We have not had a single client who has not gotten results from our program. We know from experience that, due to our one-on-one personal approach, our clients usually have great results. All results are unique to each situation, so schedule your consultation to see how we can help you. Challenging items on your credit report is your legal right (FCRA). When you use BWI Credit Solutions to help repair your credit, we are abiding by all federal and regional laws regulating third-party credit repair assistance.

What is a Credit Score?

A credit score is a numeric indication of how likely you are to repay debts such as loans or lines of credit. Lenders use this number to determine how much of a credit risk you are. Credit scores also are designed to indicate your creditworthiness in comparison with other consumers. Each person has a few different credit scores, but your FICO scores are the most important.

What is my credit score based on?

Credit scores are based on the data in your credit report and are generated by computers using artificial intelligence. Many factors contribute to your credit score including:

  • Amount of available credit
  • Payment history
  • Recent requests for credit
  • Amount of credit currently being used
  • Length of credit history

How can bad credit be deleted?

Negative credit listings are deleted from credit reports each and every day! BWI Credit Solutions is hard at work every day challenging damaging and questionable credit entries on behalf of our clients. Utilizing proprietary and absolutely legal methods, BWI Credit Solutions is a professional organization working for you and your credit. We hold ourselves to incredibly high standards, which is why our process is fully transparent once we begin our partnership.

How long does credit repair take?

We take great effort in repairing your credit as fast as possible. Although everyone’s credit history is different, most people will see progress within the first 30 to 60 days after enrolling in our Credit Repair Program. On average our clients graduate in as little as 4 to 6 months and are empowered to achieve their financial goals.

Do you have a 100% Money Back Guarantee?

Yes, BWI Credit Solutions offers has a 100% money back guarantee if we don’t increase your credit scores or our dispute process does not result in deletions.

Is credit repair legal?

YES! You are given the right under the Fair Credit Reporting Act (FCRA) to challenge inaccurate, misleading, and obsolete items appearing on your credit report. BWI Credit Solutions uses every venue available to you under the law to help you assert these rights. Challenging items on your credit report is your legal right (FCRA). When you use BWI Credit Solutions to help repair your credit, we are abiding by all federal and regional laws regulating third-party credit repair assistance.

Is credit repair worth it?

Many people tend to think credit repair is irrelevant until they need it. However, it is always better to start improving your credit now than waiting until you need to apply for a loan. Having a sub-prime score will limit you from competitive interest rates on loans, which can add up to thousands of dollars over the course of the loan. When you compare the price of credit repair to a higher interest rate on a 30-year mortgage loan, it is easy to understand why credit repair is worth it.

What items can you help me remove?

We have a very strong track record helping clients with removals of bankruptcies, foreclosures, collections, charge-offs, repossessions, medical bills, credit card debt, inquiries, late payments, old addresses, judgments, tax liens, student loans, and more.

Does paying off my bills increase my score?

Yes and no. Paying your bills on time will improve your credit score in the long run, but it will not remove derogatory accounts such as collections, charge-offs, or other negative marks on your report. Also, paying off a bill and closing an account will reduce your number of positive open accounts and could possibly reduce your score! It is always good to keep a good mix of positive open accounts on your credit report.

What are the 3 credit bureaus?

The 3 Bureaus (Experian, Equifax, and Transunion) are what we call Credit (or Consumer) Reporting Agencies. They’re privately held companies (just like McDonalds or Walmart) that sell your personal and financial information in the form of “credit reports” to businesses who use that information to make an educated decision on whether or not to lend to you. Due to shady practices by these companies in the past and the ever-growing importance of credit in the lives of Americans, the government created laws to empower consumers to defend themselves from misrepresentation. Unfortunately, even with these laws in place, the processes to challenge these entities and the information they report about you can be very complex and time-consuming.

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