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HOW YOU’LL BENEFIT FROM CREDIT RESTORATION
You don’t have to leave the Lone Star State to improve your credit score. Our unwavering commitment to helping people reverse poor credit and realize financial security has inspired us to design personalized and attorney-based credit repair Jacksonville FL to help you find success.
Purchase your first home
Own your dream car
Get a business loan with a low interest rate
HOW DOES CREDIT RESTORATION WORK?
Bad credit can expose you to a number of pitfalls, such as high interest rates on your mortgage loan or credit card, increased insurance premiums, fees tacked on to your utility bills, and denied loan applications. At The Phenix Group, our credit repair specialists collect your records from the three main reporting agencies, Equifax, TransUnion, and Experian. By doing so, we can adequately identify errors and inaccuracies on your reports that are damaging your credit score. For Jacksonville, FL residents, having this information in hand is an essential part of restoring your financial health.
The Phenix Group’s credit analysts will work on your behalf to remove incorrect or outdated information on your reports. Information that cannot be verified, such as an item that was reported by a business that no longer exists, can be taken off your report. We leverage our knowledge of consumer protection laws and long-standing industry expertise to help improve your credit score and repair your financial standing. Having a poor credit score can feel like you’re walking around in handcuffs and it’s our goal to liberate you from these restraints so you can live the life you’ve always envisioned.
THE CREDIT CONDITION IN JACKSONVILLE
Offering aesthetically diverse neighborhoods and a wealth of culture, Jacksonville, Florida is recognized as one of the largest metropolitan areas by land mass in the nation. With its attractive nature trails, budding music and art scene, and ongoing business development, Jacksonville is in the midst of an economic boom. However, residents of the area are battling poor credit with an average score of 650. While slightly better than Daytona Beach at 627 and Orlando at 644, Floridians as a whole carry the 5th highest debt load in the U.S. Creditors and lenders use a scoring system called FICO® as a way to determine your credit risk, which is the probability that you’ll be able to pay back borrowed funds. In order to calculate your credit score, the system will analyze the length of your credit history, payment history, debt ratio, the type of credit mix you have, new credit lines you’ve opened, and accounts with unpaid balances. This information is gathered together to produce a three-digit number that ranges from 300 to 850. If you’re struggling with financial hardship, you’re not alone. It only takes a few missteps, like some missed payments or maxing out your credit cards to damage your credit score.
THE FALLOUT FROM BAD SCORES
Walking through life with bad credit means running the risk of having to give up that shiny new job opportunity you wanted or facing loan denials for a new home for your family. When people fail to seek help, their finances typically continue in a downward spiral. After all, with extra fees, higher premiums, and high interest rates, it’s easy to fall behind on payments. The Phenix Group is here to help. Our team of credit specialists and attorneys will create a personalized solution, designed for your unique needs, to help you achieve your goals.
Common mistakes that will lead to bad credit 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
Maybe you made a few financial errors when you were younger. Or, maybe an unexpected circumstance, like a medical emergency, left you with a stack of bills that you just could pay. Whatever the case may be, The Phenix Group wants to lift this weight from your shoulders and help you regain control over your finances. Whether you need debt settlement assistant or dispute code removal, our team is here to get your finances back on the right track.