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HERE’S WHAT YOU GAIN FROM CREDIT REPAIR
There is so much to gain from investing in your financial health and seeking out reputable credit repair specialists, like those at The Phenix Group. With a long history of repairing credit scores for the residents of OKC, The Phenix Group has the expertise to really aid in your credit repair journey. You don’t want to be denied for a loan simply because you have bad credit. You know that you could pay back what is required of you if it weren’t for the high-interest rates and extra fees stacked onto your monthly bills. How is anyone expected to dig themselves out of that hole? You don’t need to be chained to your low credit score forever – The Phenix Group is here to give you back your freedom.
Purchase your first home
Own your dream car
Get a business loan with a low interest rate
HOW IS CREDIT CALCULATED?
Credit scores can range anywhere between 300 and 850. You’ve always heard of good and bad credit scores, but does anyone really know how that three-digit number is determined? It’s calculated by a scoring system known as FICO®. Creditors and lenders use FICO® to evaluate your creditworthiness and whether or not you qualify for a loan. FICO® factors in your credit and payment history, debt ratio, new credit lines opened, and accounts that have unpaid balances. Increasing your credit score may feel like an uphill battle, but decreasing your credit score can happen almost instantaneously. Just a few missed payments and suddenly your credit score is taking a nosedive that you simply cannot afford.
The Credit Condition in OKLAHOMA
While Oklahoma City, Oklahoma has become more of a metropolitan area than ever before, The City still maintains its old Western charm. Cowboy history, rodeos, festivals, and horse shows are still on display for both tourists and residents of OKC. The City still holds the largest stocker-feeder cattle market, despite the ever-expanding restaurant and entertainment scenes. OKC used to be home to a calmer kind of group, but with the influx of younger people populating Oklahoma City, it’s becoming a much livelier place to live. Despite OKC having a bit of a revitalization period, the average credit score for the city is 646. With a score like this, OKC residents could certainly use some credit repair.
THE CREDIT INSIDE SCOOP
A poor credit score is, unfortunately, damaging to your overall financial picture. Increased insurance premiums and elevated interest on your credit cards make it more difficult than ever to pay back borrowed funds. Living in Oklahoma City may feel like you’ve just hit the jackpot, but when bad credit exists, you feel as if you’re living in no man’s land. Here at The Phenix Group, we check your information against Experian, Equifax, and TransUnion. From these reports, we will ensure that any inaccuracies or reporting errors are addressed. The specialists at The Phenix Group work tirelessly to analyze information, ensuring that anything that will damage your credit score is removed. Credit repair is incredibly important to us and it’s simply what we’re great at.
Common mistakes that will 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 OKLAHOMA CITY RESIDENTS
Living in The City is the perfect mix of old-world meets new-world culture. You should be able to enjoy the revitalization of the OKC that seems to be on the rise right now. Having a low credit score may feel like you can’t enjoy everything OKC has to offer, but with The Phenix Group, you will be able to break free from your low credit score.