Credit Rescue America

About Us - We Rescue American From Bad Credit...


What is Credit Rescue America?

Well our name says it all.....we rescue Americans from Bad Credit! Living with bad credit in America today is possible, but it’s tough. Credit repair is critical to saving money on insurance, loans, and credit cards.  A better credit score opens up new employment opportunities, even promotions and raises with your current employer.  If you are able to qualify for a loan, your credit score affects the rate you will be offered.

What determines my score?

There are a number of factors that determine your credit score, and simply removing all of the negative items won’t give you a “perfect” score.  In fact, sometimes removing a negative account can actually damage your score.  You see, one of the factors in figuring your credit score is length of history.  If you have an account that’s several years old and has a late payment or two a few years back, it may be a better idea to leave the item alone.

 

Why do I need Credit Rescue? I can repair my own credit.

You can also cut your own hair but you don't. Though there are several websites and plethora of books which will guide you through the process of credit repair, it is advised that you take professional assistance.  A person who has been dealing with such issues for a career would be more efficient and would thereby give you better results.  Credit repair is an important tool to increase your credit score, given it is used appropriately.

 

Credit Rescue’s goal is not to assist those who would abuse the credit system.  Rather, it is our mission to bring some measure of equality to those who are truly credit worthy, regardless of what their credit reports say.

 

What can you expect?

We are committed to educating individuals about the credit system, with an emphasis on exposing credit reporting abuses, collection malpractices and invasions of privacy.  Credit counseling and credit restoration is part of our effort to increase consumer awareness concerning this important aspect of American life.

 

How does a better score help?

Your credit greatly affects the cost of your mortgage.  A homeowner with bad credit can expect to pay an extra $50,000 to $130,000 in interest alone for a typical American home.  That adds an additional $140-$361 to your monthly payment with a 30 year mortgage. Even more daunting, bad credit can disqualify you from purchasing a home at all.  Good credit is essential for you to be approved for a low mortgage payment.

 

Most lenders want their buyers to put down at least 5 percent to 25 percent of their total mortgage.  That equates to $7,500 to $37,500 for a $150,000 home.  As a rule of thumb, expect to pay a higher down payment if you have a lower credit score-yet another advantage of improving your credit.