Fagin Financial Services

Fagin Financial Services Fagin Financial we offer services to meet every individual's needs. We specialize in helping consum

08/18/2023

If your credit is so bad that you can't get a jolly rancher on credit...

šŸ—£ļøCOME HERE!!

Here's an easy account that you can get approved for.

Most approvals are $500?

BAD CREDIT ONLY

***Easy Approval
***Builds Credit
***Quick process

Possiblefinance.com

Congrats in advance!! šŸ„‚

Post your approvals and tag ya girl!! šŸ„°

12/24/2022

Wishing you all a Merry Christmas!

11/27/2022

ALL CHARGE OFFS SHOULD HAVE A 0 BALANCE. Thatā€™s the first thing you look for when you see a charge off on your Report is what the balance is.

If it isnā€™t a 0 balance then you have a good factual dispute to get that account removed.

It need to be reporting as ā€œpaidā€ also if you never made a settlement agreement with the collector.

Once again charge offs are no longer your responsibility but they can still try to collect from you until the statute of limitations is reached.

The balance you didnā€™t pay became taxable income once the creditor charged it off as a tax deductible to get rid of paying taxes on it.

Get that charge off account removedā€¦ any negative item can be removed if it has even 1 factual error.. you can find multiple errors if you know what to look for ā€¼ļø

the IRS can get taxes on that amount you owed even on your state taxes not just federal because it became taxable income to the IRS.

We haven't celebrated our clients wins in a while, matter of fact I get asked are we still helping repairing credit and ...
08/26/2022

We haven't celebrated our clients wins in a while, matter of fact I get asked are we still helping repairing credit and the answer will always be YES!!

So it's Friday so help me celebrate the clients who decided they want better than being denied or high interest rates

šŸ’ŽDON'T CLOSE YOUR OLD CREDIT CARDSšŸ’ŽThe worse advice I hear from people, is close a card you don't use!šŸ˜²Here's WHY....Age...
07/06/2022

šŸ’ŽDON'T CLOSE YOUR OLD CREDIT CARDSšŸ’Ž
The worse advice I hear from people, is close a card you don't use!šŸ˜²

Here's WHY....
Age counts for 15% of your personal score
Utilization counts for 30% of your personal score
Avail credit cut causes debt to increase and a score decrease

If your reason for closing is due to High APR, or annual fees Do this..
Call your bank and request a APR Reduction
Transfer to another card under same bank that doesn't have a annual fee
Simply sock drawer the card

šŸ’³Whatever you do DON'T closeā€¼ļøā€¼ļø

06/23/2022

ā¤ļøāœ…When you sign up for credit repair things to keep in mind.

1. Results vary from client to client donā€™t look at someone's results and think you're going to get the same outcome

2. Itā€™s a process and not an overnight one some see results in the first month some the 2nd and some the third

3. You need to have patience if you do not please DO NOT SIGN UP WITH ME I have no problem refunding you and canceling your service ā€¼ļø

4. Always check our messages, emails and your portal NEVER SAY I DIDNT COMMUNICATE WITH YOU I communicate with ALL my clients monthly

5. Do not sign up thinking you are going to wake up with a 700 please stop being unrealistic

6. Know how the process actually works donā€™t say itā€™s been months and you havenā€™t seen a change when itā€™s only been ONE MONTH

If any of this is you please go sign up elsewhereā€¦ā€¼ļø

Yā€™all know how Iā€™m coming it takes team work!!!!!

05/31/2022

Credit is improved by understanding the 5 factors of credit and adjusting accordingly to optimize each category

1) šŸ§¾Payment history is 35% of your score therefore worth 175 points. Your payment history must be ontime over 97% of the time 1 late payment can make your score nosedive. When you canā€™t make payments on time make a payment arrangement or place the account in deferment. Dispute all of the negative items on your report that are not 100% accurate and šŸ’Æ % verifiable

2) šŸ¦Utilization ratio is 30% of your score therefore 150 points you MUST use less than 30% of your available balance but I recommend between 1-5% to achieve the best results

3) ā³Average length of accounts is 15% of your score therefore 75 points anything less than 4 years on avg is fair. Less than 2 years on average is poor. Donā€™t apply for too much accounts at once and donā€™t remove your oldest accounts or you will lose age . Theyā€™re examining your track record for managing credit.

4) ā˜ÆļøAccount mix is 10% or 50 points. They need to know that you can manage different types of accounts from revolving accounts to installment accounts

5) ā˜‘ļø Inquiries are 10% if your score or 50 points. Try to refrain from applying for a bunch of new credit. Inquiries can be removed if they are older than 18 months or not tied to a open account

Book your credit consultation where our team will help you understand credit thoroughly. https://Faginfinancial.as.me/

Tuesday Client updatewhat are you waiting for? your credit isnt goint to fix itself.Book your consultation with our team...
05/31/2022

Tuesday Client update
what are you waiting for? your credit isnt goint to fix itself.
Book your consultation with our team to get started
https://Faginfinancial.as.me/

Some people believe that 30% utilization is where you should be, honestly 1-3% is best,but if you canā€™t afford that,keep...
05/20/2022

Some people believe that 30% utilization is where you should be, honestly 1-3% is best,but if you canā€™t afford that,keep your utilization at 7%!! 10% or less is what I tell my suggesrion!!

Super Estactic for these two clients. Because of their hardwork and dedication one finally surpassed the 700's from the...
05/19/2022

Super Estactic for these two clients. Because of their hardwork and dedication one finally surpassed the 700's from the intial 500's and the other has achieved homeownership for his familyšŸ„³
www.faginfinancial.com

Mid-month Check up
05/19/2022

Mid-month Check up

Secured cards are a good starter option for consumers who have a thin credit file, this option is available when you pro...
05/18/2022

Secured cards are a good starter option for consumers who have a thin credit file, this option is available when you provide a security deposit . You can then use the card as you would an unsecured card. Keep your utilization below 10% and pay the balance before your statement closure date.

Address

Calera, AL
35040

Opening Hours

Monday 11am - 6pm
Tuesday 11am - 6pm
Wednesday 9am - 6pm
Thursday 11am - 6pm
Friday 9am - 1pm
Saturday 9am - 1pm

Telephone

+12053191171

Website

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