What You Should Know About Credit Restoration
If your account is been shut down due to non-payment from a previous creditor, you can still get your old credit restored. A credit restoration service is not the same as a credit repair service. While they can provide you with the latter, they do not have the same focus.
If you’re in this situation, then you should definitely learn about the various benefits of a credit restoration service. Aside from getting to protect your credit file, you will also get to enjoy the following benefits:
Fix Your FICO Score
The FICO score ranges from 300 to 850. To have a good credit score, FICO should be 670 and above. Getting your credit score fixed will give you the chance to start repairing your damaged credit if you haven’t already. This way of repairing your credit can be difficult and time-consuming but it will help you to build a positive history and avoid future problems.
Avoid Getting into More Debt
If you are carrying too much debt in the first place, then it is critical that you pay it off as soon as possible. If not, you will only be adding to your balance and making your situation worse. A credit restoration service makes sure you won’t be adding fuel to the fire, more debt to debt.
Know Why You Have a Low Score
Restoration services can be used for many reasons. It can be needed if a creditor had made an error in classifying or rating your account and so it was incorrectly shut down. Or it can be because you have been unable to pay the bills and so the creditor decided to close the account. Regardless, a credit restoration service finds the main reason and finds ways to re-establish your credit.
At the end of the day, a professional credit restoration service gives customers what they want. If you need help with getting back on track with your finances and improving your Fico score, Bay Area Credit Repair is here to help! We are based in Campbell, CA and we offer professional and affordable services to our customers. To know more about us, call us at (408) 214-2269.