Credit scoring models usually take into account how much you owe compared to how much credit you have available, called your credit utilization rate or your balance-to-limit ratio. Basically it's the sum of all of your revolving debt (such as your credit card balances) divided by the total credit that is available to you (or the total of all your credit limits).
A nonprofit credit counseling agency that helps consumers take control of their financial lives through credit counseling, debt consolidation, and financial education. Since 1991, we have been improving lives and providing solutions to people in need of financial help. Call to speak with a certified credit counselor and receive a complimentary budget and debt consultation. To learn how to change your financial life, call 1-800-769-3571.
If you want to automate the process of selecting the type of program that is better suited for your Clients, SX3 offers a catalog of "Programs and Fees". Under this section, you can specify values like first month's fee, recurrent monthly fee, minimum program term (if any), cancellation fee (if any) and maximum number of accounts per program. This way you can create an array of programs that will automatically be available during the initial Client interview.
Understand your credit report. The report is made of of your credit history and other financial information. It's used to create your credit score, which is a number. The annual free credit reports won't give you a score, they'll just provide you the information that goes into calculating the score. This is the information you'll get with your credit report:[7]

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When looking into credit repair business training, advisors should make sure they are gaining the tools and resources need to manage a credit repair business successfully. Advertising, compliance, marketing, sale and operations management should be key aspects in your training and education. Customer service is also an essential direction to a successful credit repair business, and learning as much as you can about the credit repair industry will help you to gain valuable and reliable customers. - Enfold WordPress Theme by Kriesi


Whether you want to import data from your existing application or from Leads providers, SX3 Credit Repair offers unlimited capabilities to import data. You can create and save unlimited importing rules that allow you to import data records from Microsoft Excel, Word, Text (TXT) or CSV files. You can specify the order and content of the columns on each file, specify the field separator (Tabs, commas, other) and save the importing rule for future use, all with simple click on our server based application.
Scoring models consider how much you owe and across how many different accounts. If you have debt across a large number of accounts, it may be beneficial to pay off some of the accounts, if you can. Paying down your debt is the goal of many who've accrued debt in the past, but even after you pay the balance down to zero, consider keeping that account open. Keeping paid-off accounts open can be a plus in your overall credit mix since they're aged accounts in good (paid-off) standing. You may also consider debt consolidation.
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