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HERE’S WHAT YOU GAIN FROM CREDIT REPAIR
As you’re looking to repair your credit in the sweltering-hot Phoenix weather, make sure you seek the help of a reputable company. Whether there are reporting errors, or your personal information is incorrect on your credit report, The Phenix Group, together with an independent law firm, will dedicate their efforts towards helping you secure a healthier credit standing. Our credit repair Phoenix team has the expertise and knowledge necessary to help you understand your rights as a consumer and formulate a strategy to get your financials in order.
Purchase your first home
Own your dream car
Get a business loan with a low interest rate
HOW IS CREDIT CALCULATED?
Credit card companies, lenders, and other creditors used a scoring system known as FICO®. Why is it so important? Because it assesses your credit risk – communicating whether or not you are likely to make timely payments on bills and fully return the borrowed funds. Ranging between 300 and 850, your FICO® score is calculated based on a number of factors, such as the length of your credit history, accounts owed, payment history, debt ratio, and the type of credit mix you have. For those with poor credit, there are numerous credit repair solutions you can implement to help make your score as pleasant as the striking desert mountains in Phoenix, Arizona.
Having poor credit isn’t synonymous with being irresponsible or mean you’re branded with your current score forever. Often, unanticipated situations arise, like having a costly medical procedure. It could happen to even the most fiscally responsible individuals and cause them to go through financial hardship. Regardless of how you reached your current credit score, our credit repair Phoenix services are designed to help those in The Grand Canyon State reclaim their financial freedom.
THE CREDIT CONDITION IN PHOENIX
The Phoenix Metropolitan area, also famously known as the Valley of the Sun, has attracted many residents with its cozy weather and relatively low cost of living. Not only is Phoenix in close proximity to tourist attractions, like the Grand Canyon and Las Vegas, but it’s also widely recognized as one of the fastest-growing cities for software and technology companies. While Sun City West holds the second-highest credit score in The Copper State, with the average around 789, Phoenix residents seem to be struggling to maintain their credit standing, with a median credit score of 660. With such a disparity between the two areas, it’s no surprise that those living in Phoenix are in need of credit repair.
THE CREDIT INSIDE SCOOP
Between the diverse culture and bustling urban streets, it’s not uncommon for Phoenix residents to fall victim to maxing out their credit cards. Let’s face it: making new purchases releases just as many feel-good hormones as exercising. However, once that joyous moment passes, we’re faced with a whirlwind of repercussion that we never considered. That’s why it’s prudent to make financial decisions wisely – because ultimately, creditors and lenders use that information to determine your reliability and judge whether or not to loan you money.
Common mistakes that lead to bad scores:
- Habitually late on payments
- Filing for bankruptcy
- Having an account charged off
- Defaulting on a loan
- Closing old lines of credit
WHAT OUR CLIENTS
HAVE TO SAY ABOUT US
WE CAN HELP PHOENIX RESIDENTS
The Phenix Group is a legally compliant credit repair Phoenix company committed to providing individualized solutions for those facing the harsh reality of a poor credit score. It’s immensely fulfilling to help our clients implement new financial strategies to achieve their goals.