Creditelves works by taking the information you provide and generating custom letters to credit bureaus on your behalf. You simply print out the letters and mail them to the credit bureaus. It's that simple.


Category Archives: Credit Report

Clearing Up Your Credit Report

Your credit rating is one of the most important things that will be used to evaluate you. Regardless of what you do for a living or how much income you earn every year, your credit rating will be what many banks and lenders use to determine if you are worth the risk of loaning you money. Whenever you apply for a mortgage, car loan or other line of credit, the first thing that the lender will be interested in is your credit score. This score helps to qualify you for a loan, and more importantly, a certain interest rate. If you have a good credit score, you will qualify for a loan or mortgage with a low interest rate. A lower interest rate will save you money over the life of the loan. A high interest loan is usually reserved for people with fair to poor credit. Higher interest rates can increase the amount of time it takes for you to repay the loan and the amount of money that it will cost you beyond the interest payment.
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Correcting Credit Reports

Having good or excellent credit is something that should be very important to you. Your credit rating can affect what kind of job you will be able to get, the type of dwelling you will be able to live in and the type of car you will be able to buy. Overall, your credit rating will determine if you qualify for a loan or mortgage and how high or low your interest rate will be. People with a low credit rating are often only offered loans with a high interest rate. The higher the interest rate, the more money you will have to pay every month. Lower interest rates allow you to focus on paying off the principle debt in a shorter amount of time.
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Charge Off On Credit Report

If you are like most people, you understand how important your credit is. Your credit score can either help you or hurt you when you decide to finance or borrow money. If you have a charge off on your credit report, this could be very detrimental to your financial well being.
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Credit Report Repair

When embarking into the wild unknown of credit report repair, it can be difficult to know how to begin, and what to do to achieve the most effective, quick results. Sometimes it can be a long road to sow, but if you know the right steps to take it doesn’t have to be quite so arduous.
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Letter to Credit Reporting Agency

Writing a letter to a credit reporting agency is necessary if you find inaccurate information in your credit report. Knowing what to write can sometimes be a bit tricky though, and that’s where a professional like Creditelves can help.
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Remove Negative Credit

Negative credit can impact your plans for your life in a big way. If you have too much negative credit, it can be impossible to qualify for a mortgage, get a line of credit, or acquire a loan. Taking steps to remove negative credit is imperative to improving your credit score, and makes it easier to achieve all of those goals.
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Credit Reporting Errors

Credit reporting errors can happen to anyone at any time. An error can negatively impact your credit score and make it difficult to qualify for a mortgage or get a line of credit. Through no fault of your own your credit can easily be tarnished by an error. That’s why it’s so important to monitor your credit report closely and take appropriate steps to remove any errors you may find.
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Remove Bankruptcy from Credit

Bankruptcy is becoming more and more common in this slumping economy. With people loosing their homes and jobs, sometimes bankruptcy is the only way out. Some credit repair companies may advertise that it’s possible to remove bankruptcy from credit, however the technique often isn’t legitimate. It involves sending letters to dispute individual charges that led to the bankruptcy, and having the charges removed from your credit report. However, once the charges are verified, they often return, after you’ve paid a credit repair company.
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Cleaning Up Your Credit Report

There are several ways to approach cleaning up your credit report, and most require discipline and time to improve your credit score, and keep it up. However, there is one method that can help you quickly improve your score and only requires a small amount of work on your part.
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Removing Charge Offs From Credit Report

If you’re not successful and the charge off remains on your account, it’s generally best to try and pay down the debt. Mortgage lenders, banks and car loan companies won’t give you a loan if you have an outstanding debt on your credit report. This can be problematic if you plan to make a sizeable purchase in the next 7 years. That’s why it’s always better to have a “charge off settled” or “charge off paid” entry on your report than just the charge off.
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