credit karma

Your Credit Limit Is Hurting your Credit Score.

Danny Ramirez Uncategorized , , , , , , , , , ,

We love what we do, we have helped so many people get back on track by cleaning up their Credit and by educating them on Consumer Credit. Credit is a huge part of our life, your Credit Report is your “Report Card” and many times people get discouraged because of bad choices they have made in the past or lack of consumer credit education.

credit utilization ratio chart

We know all to well about making the wrong choices and not understanding how credit really works, so this was one major reason why we started Conquest Credit. The problem in today’s culture is “FAST”, everything is fast, fast food, internet, smartphones, etc. We forget to slow down every now and then to budget our finances or keep track of our credit card balances.

For example, one major challenge for many people is keeping down credit card balances. When you have maxed out credit cards, not only will you get into more debt, but it will kill your credit score.

Challenge. 

1. Start budgeting, we operate on a zero based budget and it has saved us thousands!!

2. Pay down your credit cards, for starters, if you have a maxed out card or a very high balance, pay it down to at least 50%, Your goal is to get your credit card to 20% or lower and NEVER go above 20% again if you can help it. This will help boost your credit score and will keep rising if you keep your balance low.

Please let us know how we can help, if you need budgeting materials we can send you what we use and if you need help with understanding your Credit Report we can do a Credit Analysis for you for FREE.

Danny Ramirez
President & Credit Repair Consultant.
p:800 288 4833 | e:dramirez@conquestcredit.org | w:www.conquestcredit.org | a: Buena Park

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Tax Season & Credit Repair 2015, Anywhere in The US, We Can Help.

Danny Ramirez Uncategorized , , , , , , , , , ,

 Tax season is fast approaching and what better time to start fixing your Credit!

Why is tax season the best time to start repairing your Credit? 

Credit Repair is extremely important when it comes to your Finances, this process repeatedly slips to the bottom of many tax seasonpeople’s to-do lists. Why is that? well for many people it’s embarrassing, too much to deal with, fear, finances, etc, This is a problem that many of us face in today’s economy, however as the economy starts to pick up we don’t want to be left behind with a bad Credit Score as things get better. Tax season is the best time to fix your Credit, if you have a low score it’s one of the best investments you can make.

If you have a score below 720, then I would at least give us a call so we can do a free Credit Analysis for you

If you’re not sure where to start when it comes to fixing your credit – or if you feel that you simply don’t have the time to research credit repair strategies – consider using your refund to invest in Credit Repair.. AS professionals, we offer services that include disputing erroneous items appearing in your credit history, providing personalized advice for your particular situation, closely tracking your progress and ensuring that you stay on the right track even after you’ve achieved a good credit score.

Remember no matter the amount you get back from your tax return, we offer monthly payments and don’t charge upfront for Credit Repair. You can simply attempt to repair your credit on your own, however using a credit repair company gives you access to resources that can significantly speed up the process.

Danny Ramirez
President & Credit Repair Consultant.
p:800 288 4833 | e:dramirez@conquestcredit.org | w:www.conquestcredit.org | a: Buena Park
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Federal Study Reviews Credit Report Accuracy

Danny Ramirez Uncategorized , , , , , , ,

Federal Study Reviews Credit Report Accuracy

BY DARREN WAGGONER JAN 22, 2015 11:04am

The congressionally mandated Federal Trade Commission study is the sixth and final review of credit report accuracy. It follows a studyissued by the FTC in 2013, which examined how many consumers had errors on one of the three credit reports.

The 2013 study found, among other things, that one in five consumers had an error that was corrected by a credit reporting agency after it was disputed on at least one of the three credit reports. The study also found about 20% of consumers who identified errors on one of the three credit reports experienced an increase in their score that resulted in a lower credit risk tier, making them more likely to be offered a lower auto loan interest rate.

The new study announced Wednesday focuses on 121 consumers who had at least one unresolved dispute from the 2012 study and participated in a follow-up survey. It found that 37 of the consumers (31%) stated that they now accepted the original disputed information on their reports as correct.
However, 84 of these consumers (nearly 70%) continue to believe that at least some of the disputed information is inaccurate. Of those 84 consumers, 38 of them (45%) said they plan to continue their dispute, and 42 (50%) plan to abandon their dispute, while four consumers are undecided.

The study also examined whether consumers from the 2013 study, who had their credit reports modified after disputing information on their credit reports, had any of the negative information that had been removed subsequently reappear on their reports. The study found two instances of this, representing about 1% of these consumers.

The study recommends that credit reporting agencies review and improve the process they use to notify consumers about the results of dispute investigations, and that credit reporting agencies continue to explore efforts to educate consumers regarding their rights to review their credit reports and dispute inaccurate information.

Other study results can be found in the executive summary of the report.

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No matter where you’re at in the US we can help.

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Danny Ramirez 

800 288 4833