Credit Repair

5 Things to Impact or Increase Your Credit Score:

1. Payment History (impacts 35% of your credit score)
Payment history accounts for how you have paid your bills in the past, what the balances are on your credit accounts, what type of credit you have & how many late payments have occurred.

2. Balances owed on your account (impacts 30% of your credit score)
Using more than 30% of your available balance lowers your score. For example, if your credit card limit is $1000, the debt on the card shouldn’t be more than $300 in an effort to keep your credit score from being negatively affected.

3. Length of credit history (impacts 15% of your credit score)
The longer you have accounts open the better.

4. New Credit (impacts 10% of your credit score)

5. Mix of Credit (impacts 10% of your credit score)

Mix credit are the types of diverse credit you have. Installment credit v/s revolving credit.

An example of installment credit is a mortgage or student loan. An example of revolving credit is credit cards.

This information can surely make an impact on whether you are pre approved for a loan.

Sign Up for your Free Credit Report & get tips on how to establish & increase your credit score.

Do you have credit disputes keeping you from buying a home? Get Legal Credit Repair for as little as $24.95 a month.

Legal Credit Repair

Did you know your credit issues are legal issues?

Protect your credit with Legal Credit Repair for as little as $24.95 a month. LegalShield Product Overview – B2B from LegalShield on Vimeo.

LegalShield Credit Repair

If you have a poor credit rating, the promises made by credit repair companies to provide clean credit histories and access to fresh lines of credit, may seem like a dream come true. Unfortunately, these offers are too good to be true and may leave you in even worse shape than when you started. Here are some of the critical facts you should know about credit repair scams. Fraudulent credit repair companies often:
  • Demand payment upfront;
  • Fail to explain your legal rights;
  • Instruct you to provide inaccurate information to credit reporting agencies or lenders;
  • Dispute accurate information on your credit report; and
  • Tell you not to contact or respond to credit reporting agencies yourself.
Companies offering “new credit identities” often charge a fee for what they call a “credit profile number” or “credit privacy number”. These companies will instruct you to apply for credit using this new number. These numbers are often either stolen Social Security Numbers (SSN) or fraudulently obtained Employer Identification Numbers (EIN). Using a fraudulent SSN or EIN is a federal crime and you could be held responsible. Penalties may include steep fines or possible jail time. The process of improving your credit score takes time and effort, but it can be done.

There are many steps you can take and your LegalShield provider law firm is ready to help. 

Your provider law firm with LegalShield can help dispute inaccurate information on your credit report.

They may also help you negotiate payment or settlement agreements for outstanding debts.

Call an attorney at your LegalShield provider law firm for as little as $24.95 a month which covers your entire family household.

If credit disputes & outstanding collections are keeping you from buying a home, find out More about LegalShield.

Credit Do’s & Don’ts:


  • DO provide requested documentation promptly and in its entirety.
  • DO continue living at your current residence.
  • DO continue making your mortgage or rent payments.
  • DO continue to use your credit as normal.
  • DO keep working at your current employer.
  • DO keep your same insurance company.
  • DO stay current on all existing accounts.


  • DON’T change your employment or marital status.
  • DON’T make any major purchases (car, furniture, jewelry, etc.).
  • DON’T change bank accounts.
  • DON’T make any large cash deposits into your bank accounts.
  • DON’T transfer any balances from one account to another.
  • DON’T close any credit card accounts.
  • DON’T consolidate your debt onto one or two credit cards.
  • DON’T apply for new credit or open a new credit card.
  • DON’T max out or overcharge on your credit card accounts.
  • DON’T take out a new loan or co-sign on a loan.
  • DON’T pay off any loans or credit cards, charge offs, or collections without discussing it with us first.
  • DON’T finance any elective medical procedure.
  • DON’T join a new fitness club.
  • DON’T open a new cellular phone account.
  • DON’T start any home improvement projects.
  • DON’T have your credit pulled or dispute any information on your credit report during the loan process.