
A bad credit score generally falls below 630 based on the two most commonly used credit measures FICO and VantageScore.
Bad credit can stand between you and the credit deal you want. It can mean you get turned down — or that you get approved, but at a much higher interest rate than if your credit score were higher.
Individual lenders and card issuers set their own guidelines, but here’s how the categories generally fall on a scale of 300 to 850:
- 720 and above: Excellent credit
- 690-719: Good credit
- 630-689: Fair credit
- 300-629: Bad credit
Beginning
Where it all begins
Having only one credit card that is used for everything, this could be a good practice, however, only using one credit card could actually harm your credit score, by driving up an important calculation called utilization.Utilization is the percentage of your available credit that is being used. Imagine you have a credit limit of $100 and a statement balance of $25 then your utilization would be 25%.
This responsible but non-favorable act lead to our conception.
Conception
Credit Repair Study
Sometimes, people talk about their credit, and they go on and on without actually hitting the nail on the head. What they mean to say is credit history. Your credit history describes how you use money:
- How many credit cards do you have?
- How many loans do you have?
- Do you pay your bills on time?
During our study to develop modern, workable and reliable tools and strategies to fix bad credit, these were the neural pathways that we passed to arrive where we are.
Development
Fixed credit for our first 10 clients
2019
Success anniversary
Today we are here for you, we developed an easy to use online platform and a trained team of customer representatives to back up our seasoned analysts and experts, all here to make sure that your experience with us is impeccable.
Let’s make today a success anniversary for you (the day that birthed the end of bad credit for you). Reach out to us Now!!.