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HERE’S WHAT YOU GAIN FROM CREDIT REPAIR
You don’t have to leave the Tar Heel 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 in Austin to help you find success.
Purchase your first home
Own your dream car
Get a business loan with a low interest rate
How is Credit Calculated?
The scoring standards come from FICO®, a formula used by credit card issuers, lenders, and other creditors to evaluate how likely it is that you’ll pay your bills on time and in full. When assessing your credit risk, the FICO® system conducts an audit of your payment history, debt ratio, length of credit history, new credit, credit mix, and accounts owed, to calculate a number between 300 and 850. If you reside in the Austin metro area and are dealing with poor credit, there are a number of credit repair solutions designed to give you financial freedom that tastes as sweet as all the charcoal-glazed-barbecue that Austin Texas cuisine has to offer.
Having bad credit doesn’t mean you need to carry around the stigma of being irresponsible. Unforeseen life events, such as a medical procedure that delivered a mountain of bills, can happen to anyone and cause financial hardship. Even mistakes from our youth can follow us into adulthood and negatively impact our credit scores. Despite how you arrived at your current score, our credit repair Austin services will ensure you continue to cheer on the University of Texas Longhorns and be greeted by Stevie Ray Vaughan’s glorious bronze statue.
THE CREDIT CONDITION IN AUSTIN
Austin, dubbed the Live Music Capital of the World, is becoming one of the fastest-growing metro regions in the U.S. While the impressive music scene, booming job market, and lip-smacking Tex-Mex options may help the local economy prosper, it’s also causing a surge in real estate pricing and living expenses. With the median price of a single-family home now selling above the national average, it’s no wonder that Austin residents are averaging a low credit score of 682 and why they need credit repair. The home of SXSW pales in comparison to surrounding cities like Georgetown, TX, with a score of 724 and Cedar Park, with a score of 716. There’s a need for credit repair in Austin.
THE Fallout From Bad Credit
From an unforeseen layout to mishandling your credit cards, just a few financial mistakes and lead you down a risky path – one that brandishes you with a poor credit score. It can happen to even the most organized, financially responsible individuals. Because, as we all know, life can throw curveballs at us when we least expect it. Managing a mountain of bills while a debt collector attempts to hunt you down for unpaid funds is no way to live.
Whether you’ve filed for bankruptcy or you fell way behind on mortgage payments, these types of errors can cause your financial health to plummet. With a poor credit score, creditors and lenders will see you as a high-risk borrower and can either refuse to do business with you or charge you astronomical interest rates. Rather than endure the stress of financial instability, The Phenix Group can help you find a solution and improve your credit score.
Common mistakes that will lead to needing credit repair
- 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
AUSTIN Credit Repair
As a legally compliant Austin credit repair company, The Phenix Group strives to deliver timely and personalized solutions for those facing the harrowing challenge of having a poor credit score. We get to help our clients take important, life-changing steps to improve their credit score and achieve the goals they set out to fulfill. There’s no feeling more rewarding than the gratitude we receive from those whose we’ve worked with. Knowing their lives were drastically altered for the better through the care and personalization we gave towards their credit challenges is why we do what we do every day.