2 Fast Credit Repairs

03/08/2022

A few credit tips for a better report and a better report= a better score.

02/23/2022

5 ways to improve your credit score.

02/16/2022

YOUR FICO SCORE IS BROKEN DOWN INTO 5 CATEGORIES
Payment History: 35% - Highest Impact
This section will factor in all on time and missed payments of every account on your credit report that includes A payment history. This means both opened & closed accounts.
Because it has the greatest impact on your credit score, you can lose 50-100 point for EVERY late payment! Payment History will affect your credit profile for the entire time the account reports on your credit profile.
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Credit Utilization: 30% - High Impact
Credit cards make up 30% of your FICO score. Your utilization is very important, so when you have high usage on your credit cards you are heavily affecting this section of your credit profile.
If you do not have any credit cards you are forfeiting this entire section.
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Credit Age: 15% - Moderate Impact
The "Credit Age" means how long any given account has been reported open on your credit profile. The FICO score algorithms calculate the average amount amount of time in how long all your accounts have been open. This means that any time you close an account, get it deleted or even open a new account, you are affecting this section.
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Inquiries: 10% - Low Impact
Anytime someone pulls your credit report and it results in a HARD inquiry, it will affect this section. You can lose anywhere from 1-5 points every time you receive an inquiry.
Inquiries will stay on your credit report for 2 years, however it will only affect your credit score for 12 months.
Soft inquiries do not have an impact.
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Credit Mix: 10% - Low Impact
Your credit mix is a display of "different" types of credit. This means, lenders wants to see you have experience with multiple account types in order to assess your credit risk.
A great mix to have is
• At least 2 open credit cards
• 1 short term loan (Self Lender, Kikoff, etc)
• 1 long term loan (Auto loan, personal loan etc)
• Mortgage

02/13/2022

Credit Repair don’t happen over night it takes time and requires knowledge & PATIENCE. Let’s challenge the bureau’s and improve your score today. Sign up for a free consultation link in bio.

02/11/2022

Do you have a credit score of 600 or lower? would you like to improve that score and join the 700+ club? We got you covered sign up today to get started. www.2fastcreditrepairs.com

02/10/2022

Welcome to 2 Fast Credit Repairs your way to financial freedom. We specialize in challenging the credit bureaus, credit restoration, credit building and helping you finance your dreams. check out our website www.2fastcreditrepairs.com to get started on your journey to financial freedom.

We work with the credit bureaus and your creditors to challenge the negative report items that affect your credit score.