age of your accounts & average age history


The Average Age of your credit history is determined by calculating all the years that all of your credit accounts have been open and dividing it by the number of accounts you have.


Example:  if you have 3 accounts and each has been opened for 2 years, then your total average credit history would be 2 years (take 3 accounts times 2 years, which is 6 and then divide by 3 (the number of accounts you have)


Therefore, in order to increase your overall credit scores, it's vital to increase your Average Credit History.    



Start living the American Dream with Perfect Credit

by using 'The Credit restoration Do-It-Yourself Dispute Letter Package' 


This PROVEN PROGRAM is based on various sections of the FCRA (Fair Credit Reporting Act), including section 609 which forces the credit bureaus to verify the items you are disputing or remove them, as required by Federal Law.  This program will remove negative items from your credit reports, increasing your FICO score dramatically. With ahigher FICO  score, our clients have been able to acquire new lines of credit, auto and personal loans, refinance their home loans, all while saving a considerable amount of money every single month.  This package gives you the proper step-by-step instructions and proper tools to achieve PERFECT CREDIT.

removal of derogatory information


Many clients who are referred to our firm generally are in need of removing negative items from their credit files. Unfortunately, over 75% of clients have some type of derogatory information, such as hard inquiries, collection accounts, charge offs or public records.  


The FACT is that any item can be removed from an individuals credit file, but it requires extensive knowledge of the FCRA (Federal Credit Reporting Act) and the FDCA (Fair Debt Collection Act).  ​By understanding the application of certain sections of the FCRA & FDCA, we are able to force the bureaus to remove the derogatory information, as required under federal laws. 

OUR SERVICES

FUNDING & REQUIREMENTS

FACTORS AFFECTING CREDIT 

ADDING PAYMENT HISTORY

Simply put, in the credit industry, any active positive reporting account on an individual's credit file is referred to as a 'Tradeline'.  Examples are credit cards, mortgages, auto loans and personal loans.


What is a Tradeline?


For many years, authorized user tradelines have been one of the most effective methods for building a person's credit.  It simply means that an individual (authorized user) is on another person's credit account, usually a credit card.


"Seasoned Tradeline” simply means that the account has an established history or several years of reporting. This part is vital because by having a tradeline on your credit files with history, it show on your own reports all the positive reporting history of that tradeline.


More importantly, the client utilizing the tradeline is only listed as an authorized user, and can not make any changes to the account of the primary account holder.

​FACTORS THAT AFFECT THE EFFECTIVENESS OF A TRADELINE:

  • Utilization - this refers to how much of the credit line is being utilized at any given time. The maximum amount of your credit line you should be utilizing at any one given time should never exceed 30%. Ideally, to ensure that your credit scores are at their highest, the highest balance you should carry on any credit card account should not exceed 

​

  • Warning: Stay away from anyone who tries to provide you a Tradeline that has a zero balance because this means that there is 'no utilization' being executed on that particular Tradeline. Unfortunately, this tells a potential creditor that you are not utilizing the credit account, which adversely affects your credit score.  This also defeats the purpose of buying a Tradeline in the first place.


  • Age - this refers to how long the account has been in existence since initial opening of the account.

Best Credit for Life

Credit Consulting & Planning Solutions


IDEAL REQUIREMENTS FOR FUNDING


3+ Years of Clean Credit History (Ideally 5+ Years):

No Derogatory Items or at least none in the recent past 2 years. If your Credit History is not at least 3 Years Old, we can add Aged Tradelines to your Credit Report so you have more AGE on your credit file and meet this requirement.  


3+ Open Revolving Credit Accounts:
If you don’t have at least 3 Open Revolving Accounts, then we can add Aged Tradelines to your Credit Report so you meet this requirement.

30% or Lower Revolving Debt Ratio:
If your total Unsecured Revolving Debt on your credit file is more than 30% of your total Unsecured Revolving Credit Limit, then you need to EITHER pay down your Unsecured Debt to under 30% OR Add Aged Tradelines to your Credit files in order to lower your overall revolving Debt to Credit Ratio to meet the under 30% requirement. We can add Aged Tradelines to your Credit files so you can meet this requirement.

700+ Credit Scores:
If your Scores are under 700, then we can add Aged Tradelines to significantly increase your Credit Scores and the overall strength of your Credit Profiles in only 4 Weeks!  Realistically, you can see your Credit Scores jump up anywhere from 55 to 125 Points in approximately 4 Weeks!  

No More Than 6 Inquiries per Credit Bureau in the last 6 months:
If you have too many Inquiries in a short period, most creditors will not want to grant you new credit.  Whether you have an account associated with the hard inquiry, we can remove all inquiries from TransUnion within 1 week, guaranteed!  Both Experian and Equifax generally take a lot longer as they generally resist removing hard inquiries. 

GET THE FACTS ON DO IT YOURSELF PACKAGES


Unfortunately, there are many consumers out there who believe that they can do the disputes themselves. Unfortunately, this is far from the truth.  It is extemely difficult to navigate thru the extensive sections of the FCRA (Fair Credit Reporting Act) and the FDCA (Fair Debt Collection Act) in disputing items with the credit bureaus.    


To effectively dispute any negative item with the credit bureaus, collection agencies and attorney's, it requires an extensive knowledge of the various sections of both Federal laws governing consumer reports as well as the proper application of these sections. 


The FACT is that we have removing negative items from client files for over 20+ years and we have the results and client testimonials to prove it.  Fortuantely, the FACT is that DISPUTING ITEMS ON YOUR CREDIT REPORT IS YOUR LEGAL RIGHT!  


The FACT is that most people view fixing their credit as impossible when the reality is that it is much ‘easier than you imagine’.  What you need in order to transform your bad credit to excellent credit is simply a willingness and level of patience to deal with the “delay & scare tactics” that so many Credit Bureaus use.