Frequently Asked Questions

We’re here to help!

Feel free to contact us at any time with any questions you may have.

FAQ

Why should I use a credit repair company?

Credit repair companies assist consumers in increasing their credit scores. Using a credit repair company eliminates the time you would spend learning what it takes to get results. Many individuals simply do not have the time, experience, or patience to deal with the collection agencies or credit reporting agencies.

Is credit repair legal?

Credit repair is 100% legal provided that the credit repair company or credit repair organization you choose is in accordance with The Credit Repair Organizations Act. Any credit repair company operating under a commercial license must be registered with the Secretary of State of Texas and be bonded and insured.

What is a credit score and why should I care?

A credit score is a FICO score ranging between 300 and 850 that is calculated through a formula that looks at various types of information found in your credit report. The higher your scores the better it is for you. This score helps lenders and other companies decide how likely you are to repay your debt. They want to see how much of a risk you are for their company. They affect whether you can get credit, your interest rate, or credit limit on a credit card, auto loans, mortgages, and even employment opportunity, especially in Government or Finance. Credit scores do matter, and in today’s world, there is very little you can do without having your credit checked.

How is my credit score evaluated?

Scores under 500 = BAD SCORE
Scores 500 – 600 = POOR SCORE
Scores 600 – 650 = FAIR SCORE
The above scores normally result from late payments and collections. You will most likely be charged a higher interest rate and depending on your payment history you could be turned down all together.

Scores 650 – 700 = GOOD SCORE

As long as your debt to income ratio is low (the amount of money you owe compared to how much you make) you will likely pay much lower interest rates on your loans.

Scores 700 and above = GREAT SCORE

This is where we want to be! With these scores you will most likely get approved at more than favorable financing terms.

How long will negative information stay in my credit report?

Negative information can remain in your credit report for seven years.

Chapter 7, 11, and 13 bankruptcies are reported UP to 10 years from the date filed.

Positive information should stay on your report forever.

What are my credit rights?

A full list of your credits rights can be found within the Fair Credit Reporting Act of 1970. The main topics are:
1. You have the right to view your credit report.
2. You have the right to know who has inquired about your credit.
3. You have the right to request verification of information you believe to be incorrect.
4. You have the right to dispute negative information over 7 years old or 10 years in the case of bankruptcies. …

Background design

Let us help you fix your credit!

Give us a call to schedule your FREE in-depth credit consultation

  • 915.857.3700

Testimonials

Here’s what our satisfied customers have to say about our services:

It’s always been my dream to have the credit to own my own home. Thanks to It’s Time, I am a new home owner

Maria R.

Just wanted to take the time to say thank to mr Carlos for helping my family and I reach our goals. It was a long process but well worth it thank you so much.
You have to follow what he instructs you to do and just trust the process.

Eddie G.

I am amazed that in only a few short months my scores sky rocketed!

Melinda G.

Very knowledgeable in the business they’re in. Great overall customer service!! Will definitely refer them to anyone needing to clean up their credit!!

Sergio G.

It is truly a miracle what It’s Time did for me. Thank you!

Daisy H.

My credit score has done a complete turn around since doing business with Its Time Credit Repair. Very satisfied with their work and results!!

Raul G.