Get in touch to start repairing your score today!
HERE’S WHAT YOU GAIN FROM CREDIT REPAIR
Your friend in the mission to better credit is The Phenix Group. Working with an independent law firm, The Phenix Group has the expertise and long-standing reputation you need to repair your credit score. Our credit repair Seattle analyst looks to identify any inaccurate, unverifiable, or outdated information that is impacting your credit report. We request reports from the three main reporting agencies – Transunion, Experian, and Equifax in order to help remove any harmful items that are currently damaging your credit score.
Purchase your first home
Own your dream car
Get a business loan with a low interest rate
HOW IS CREDIT CALCULATED?
If you’re a Seattle, WA resident with a poor credit score, the reminders may be enough to make you want to pull your hair out. You’re being berated with daily reminders of how poor your credit score is every time you open up your email, apply for a loan, or see the mounting interest rates on your insurance premiums. So, how do you achieve a better credit score – one that rivals with some of Seattle’s best? First, you need to understand how your credit score is determined. Your score is calculated using the FICO® formula.
Your score is determined by a number of factors, including debt ratio, payment history, the length of your credit history, outstanding balances, and new credit lines you have opened. Credit scores can range anywhere between 300 and 850. Essentially, a poor credit score smacks on a big red X on your file, and lenders and creditors will use this number to categorize you as a risky borrower. Suddenly, your interest rates will skyrocket. Thankfully, a poor credit score can be repaired.
The Credit Condition in SEATTLE, WA
Seattle, Washington is known as the Coffee Capital of the World – who doesn’t love the taste and aroma of a steamy cup of joe. The Emerald City has a reputation for having dreary, rainy weather, but it actually rains less per year in Seattle than it does in Boston, New York City, and Philadelphia. With the beautiful mountain views and water nearby, Seattle makes for a pretty attractive place to live. Those living in Queen City have a laid-back style that is certainly contagious and may make you never want to leave. While residents possess and average credit score of 704, there are still many individuals struggling to keep their heads above water when it comes to their finances. And that’s where credit repair comes into the picture.
THE CREDIT INSIDE SCOOP
If you live in the Coffee Capital of the World, your credit score can be damaged by an unexpected layoff, expenses you didn’t prepare for, or even high monthly payments you racked up on your credit cards. A credit score can prevent you from buying the car you’ve had your sights set on or cause your application a home loan to get rejected. Not to mention the high insurance premiums and extra fees that get tacked onto your monthly utility bills. A poor credit score may seem like something you can just ignore, but it’s imperative that you start taking steps right away to reinstate a healthy financial standing. With credit repair Seattle services, you can effectively raise your credit score and finally be able to enjoy the Emerald City the way you were meant to.
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 SEATTLE RESIDENTS
A poor credit score can impact your everyday life. We have seen the repercussions first-hand. This is why we’re here for help. As a reliable credit repair Seattle specialist, The Phenix Group will design a personalized strategy to help bump up your credit score. It’s our mission to help dig you out of that black hole surrounding a poor credit score so that you can get on with your life and be able to move forward in a fiscally responsible way.