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Credit Repair Service

Credit Repair Service from Finance Select UK

Have you ever been refused credit?

You are not alone! Across the UK each year millions of people attempt to obtain Loans, Credit Cards, Store Cards, mortgages, mobile phones, cars etc and are turned down.

The reason – A poor Credit Rating.

If you have Adverse information on your credit file such as: -

• County Court Judgements (paid or unpaid)
• Defaults (paid or unpaid)
• Family Adverse Credit
• Blacklisting
• Bad Payment History
• Incorrect Information
• Credit Searches
• Fraudulent Applications
• Out of Date Information
• Repossessions

you will be given a bad credit rating and will almost certainly be refused further credit.

If you do not clear or amend the negative information held on your file this situation will continue. Repeated applications for credit will only serve to worsen the position for you as all sizeable institutions will run credit checks on you before granting credit. These searches will register on your credit file and their mere presence will affect your creditworthiness adversely.

Any kind of bad credit information, including CCJ’s and defaults remain on the credit files for a MINIMUM OF 6 YEARS regardless of whether the debt has been paid off or not. Other members of your family at the same address with adverse history may affect your credit file. Your address may be blacklisted for credit through no fault of your own thus preventing you from obtaining credit. Out of date information on your file or incorrect information may prevent you from obtaining credit.

What can we do for you?

We take prompt and effective action to remove or amend harmful information held on your file by the credit reference agencies.
What does the Credit Repair Process entail?

Stage 1 - We will obtain a copy of your credit file held by the major credit reference agencies.
Stage 2 - We will carry out an analysis of your credit file and let you have a detailed EASY TO UNDERSTAND analysis which will identify the negative entries on your file which are causing or likely to cause you a problem in obtaining credit.
Stage 3 – We will discuss with you the specific negative items identified in stage 2 so that we can establish what action can be taken to remove or amend those damaging items. At this stage we will tell you precisely what can and also what cannot be done to improve your credit file.
Stage 4 – We proceed to take the action agreed as a consequence of our discussions in stage 3.
Stage 5 – We provide you with a detailed copy and analysis of your ‘Repaired’ credit file together with a full explanation of its contents.

What are the Costs?

The initial cost covering Stages 1, 2 and 3 is £69.00 inc VAT. The cost of carrying out Stage 4 is calculated at the rate of £19.00 +VAT per item for all items amended or removed up to a maximum of 8 items. If there are more than eight items the cost for this stage is capped at 8 charges (i..e. 8 x £19 + VAT). Stage 5 is provided FREE of CHARGE.

From this you can see that the MAXIMUM cost which you can incur is £247.60 with the MINIMUM cost being £69.00. (Both prices inclusive of VAT).

How long does it take?

The initial process (stages 1 to 3) can usually be completed within two weeks. Stage 4 can take anywhere from two to six weeks depending upon complexity. Stage 5 takes two weeks from completion of stage 4).