Frequently Asked Questions

No. Credit consolidation is designed to help you repair your credit by consolidating all of your existing credit lines into one so that payments can be made more easily. Over time, as you work on reducing your debt, your credit score will improve.
Credit repair is an ongoing process, so the cost of improving your credit depends on the amount of time it takes for you to reach your goal. Speak to our team to learn more.
Fixing your credit is a process that takes time. Once you start down the right path, your credit will slowly begin to improve as the weeks go by. Ensuring that you take the time to pay your bills on time will play a large part in helping your credit to improve.
A good credit score cannot be defined. Different lenders use different criteria in order to determine whether they give credit to customers. In general, a credit score over 650 will allow you to gain access to credit products.
The average FICO score across the United States is just over 700, but this varies by state. For example, in Georgia and Alabama, the average credit score is in the low 670s, but in states such as Massachusetts and Minnesota, average credit scores are in the 720s.
Typically your credit determines whether you qualify or not and the interest rate you are offered. Your debt to income ratio is responsible for how much you will be approved for. The debt-to-income ratio isthe percentage of your gross monthly income that goes to paying your monthly debt payments. For example, if you make $6000/month and have $2000 in car loan, card payments, any other debt, you’re DTI would be 33%.