What is Credit Repair?
Credit repair is a process designed to improve an individual's credit score by identifying, disputing, and resolving negative or inaccurate items on their credit report. It typically involves reviewing the credit report for errors, such as incorrect personal information, outdated accounts, or inaccurately reported late payments. If errors are found, they are disputed with the credit bureaus or creditors to have them corrected or removed.
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In addition to addressing inaccuracies, credit repair may involve negotiating with creditors to remove or reduce negative marks, such as late payments, charge-offs, or collections. Credit repair professionals can also offer advice on how to improve credit habits, such as reducing credit card balances, paying bills on time, and managing debt more effectively. The ultimate goal of credit repair is to improve an individual’s creditworthiness, which can lead to better access to credit, lower interest rates, and more favorable financing options for both personal and business needs.
Charge-offs
Bankruptcies
Reposessions
Collections
Late Payments
Inquiries & more!
Credit Repair Program Details
Qualifying Criteria:
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Low Credit Score
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Missed Payments
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Errors on Credit Reports
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High Credit Utilization
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Bankruptcy or Foreclosure
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Debt Collections
Documents Required:
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Front Copy of Driver's License
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Front Copy of Social Security Card
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Proof of Address (Mail) - Dated Within Last 30 Days
Advantages
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Improved Credit Score: Repairing your credit can lead to a higher credit score, making it easier to qualify for loans and credit cards.
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Better Loan Terms: A higher credit score often results in lower interest rates, reducing the overall cost of borrowing.
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Increased Access to Financing: With a stronger credit profile, you gain access to more lending options, from business loans to mortgages.
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Enhanced Business Opportunities: For business owners, good credit can lead to better supplier terms, larger credit limits, and greater opportunities for growth.
Disadvantages
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Time-Consuming Process: Credit repair can take several months to show significant improvements, requiring patience and consistent effort.
Why Choose Us?
Unlike traditional banks and other alternative lenders, at Samketi Capital Solutions, we truly value your business. Your success is most important to us, so we’ll never over-leverage your business by offering you more funding than you can handle. Our simple application and quick approval process makes it easy for you to get the working capital your business needs, and our experienced funding consultants will walk with you every step of the way.