Frequently Asked Questions
It’s a pretty normal question to ask: how long is this going to take? The honest answer is that it depends — on your goals, your situation and how much work you need done. That’s actually one of the best parts of National New Beginnings – we look at you as an individual and build your own personal Game Plan accordingly. Your Game Plan focuses on the areas that will make the most impact– and helps our experts get to work quickly to make sure your creditors are being responsible regarding the information they’re reporting about you.
As you’re looking over your credit situation, a question pops up: what if most or even all of my negative items are accurate? Will credit repair still work for me? Well, there are more opportunities for change and growth than you might think. Here’s why. Creditors sell very critical information about you every day. It’s information that can affect almost everything in your life, from your car payment to your house to your job. So, it’s important to make sure that that information is as substantiated, timely, accurate and fair to you as absolutely possible. A lot goes into these definitions. This is where the National New Beginnings experts come in. It’s their job to help you assess the items on your credit report and then intervene with your creditors to help uphold these standards regarding the information they report about you to the bureaus. So, see what the process can do for you. It might surprise you how much is possible.
It might seem like thinking about credit repair while you’re going through a bankruptcy is kind of like putting the cart before the horse. But it’s actually one of the best things you can think about–and, yes, it may help in a few very important ways. When someone files for bankruptcy, it’s easy for revised items to slip through the cracks or be reported incorrectly. When this happens, the impact on your credit score can be more devastating and linger longer than it should. With our A&G National New Beginnings experts, you have a team who knows all about the credit system helping to make sure that everything is appearing correctly and being removed when it should be. And when you’re dealing with something like bankruptcy, it feels good to know that experts who are skillful and trustworthy are looking out for you.
To know whether credit repair is worth it, you just have to look at what your credit impacts. These days, it seems like it’s just about everything. When you start realizing how far it goes, it’s easy to do a little math. Not having ideal credit can cost you thousands and thousands of dollars over the course of a home or car loan. It can keep you from getting insurance coverage or even a job. It can make even everyday needs and decisions more difficult.
When you compare this to the confidence and assurance of feeling in control of your credit situation and the opportunities that brings, the value of credit repair can seem pretty priceless. Luckily, having the experts at National New Beginnings working to help you tackle your credit issues costs only $49.99 to start and a low monthly fee as you see your results. It’s a pretty great value that may impact a lot of the things you value most.
A&G focuses upon how your credit reports look. In other words, they work to help you safeguard your financial reputation so that you can get the credit you deserve. On the other hand, debt settlement companies offer something very different – they negotiate with your creditors to create payment plans. Sadly, sometimes those debt negotiators can make your credit reports look even worse. Credit repair is unique. Rather than settling your debts, they work to help ensure that problematic negative items on your credit report are substantiated, relevant, accurate and reported fairly. And they work hard to help get them removed when those standards are not met.
With National New Beginnings, the answer’s in the name: they’re the experts in credit repair and in helping to defend your financial reputation and overall creditworthiness.
As valuable as the possibility of better credit is, the cost to start taking control of it is simple: it’s $49.99 to start and a low monthly fee as you see your results. There will never be any additional costs or fees – it’s that straightforward.
We are here for you throughout your credit-repair experience. You can always email us with any questions you have. We’ll get back to you promptly so that you can always keep moving forward.
If you are not already a member of A&G National New Beginnings and have questions about the service email us at firstname.lastname@example.org
Our Corporate Office and Processing Center is located in the Rio Grande Valley, Texas and we have remote representatives throughout the United States. However, if we do not have a rep in your area, our advisors are available by phone or email enabling us to help our clients all over the country and help reduct the costs associated with our services.
Sometimes you just want to talk to somebody – to ask questions, get encouragement or understand the process better. And we’re here to talk to you, during the following hours:
Mon – Fri: 9am – 9pm CST
Sat – Sun: By Appointment
The Fair Credit Reporting Act (FCRA) was written in 1970 as an amendment to the Consumer Credit Protection Act. The FCRA provides additional measures of consumer protection in the areas of fairness, accuracy, and privacy of the information collected by the credit bureaus. It also allows you to personally engage in credit repair and maintenance processes, verifying that the information in your credit report is correct.
A credit bureau – sometimes called a “consumer reporting agency” – is a business that collects relevant consumer information from creditors and courthouses, and then sells that information to interested parties such as potential lenders. Such information is sold in the form of a credit report. In the U.S., the three major credit bureaus are:
When an account is unpaid for more than 180 days, a creditor usually writes off the debt as a loss on their financial statements. This is known as a charge off. Once a debt is charged off, it is either transferred to an in-house collections department or sold to a third-party collection agency who will likely contact you in attempt to recoup the balance.
There is no fast and easy answer to this question. The time it takes to repair your credit is completely dependent upon your personal situation. In that regard, National New Beginnings values each member’s unique situation and provides customized Game Plans to suit varying member needs. We work with you quickly to.
It’s a common myth that negative items must remain on your credit report for a minimum number of years. In fact, there is no minimum time frame. Creditors control the information they provide to the credit bureaus. They can also choose to remove negative items as well.
Credit affects every area of life. When your credit is bad, it follows that your life may face similar hardships in the areas of:
- Loan applications. Lenders rely on credit to recommend new customers. When your credit is low, your borrowing power is stifled by risk. In this economy, mortgage and auto lenders are tightening their restrictions when it comes to drafting new loans. More is required of the average borrower, including a sizable down-payment and a credit score of 720 or higher. If your credit score is stalled, it could spell trouble when applying for a new loan.
- Interest rates. Interest rates depend heavily on your credit score, a number that is calculated based on the level of risk found in your credit report. If your past is peppered with late payments, collections, bankruptcy, etc., the result may equal higher interest rates. As your credit score improves, you’re likely to see a reduction in interest, allowing you to save money over time.
- Insurance premiums. Insurance is the business side of risk mitigation, so it’s no surprise that a clean credit report results in better rates. Insurance providers rely on your financial track record to determine your risk levels in other areas of life. A low credit score is often viewed as high-risk behavior.
- Employment opportunities. Many employers now require credit checks before hiring a new team member. The job market is competitive, and managers use this strategy to gauge a new-hire’s level of responsibility. Despite your qualifications, a bad credit report is likely to make you seem disorganized and careless—two qualities that should never appear on your resume.
- Savings. Favorable loan terms, interest rates, insurance premiums, and employment all add up to one sum: savings. A good credit score means leaner options. The less money you spend, the more you’ll have to save for emergencies, retirement, and education.
The U.S. Economy
You aren’t the only one who benefits from better credit. The U.S. depends on responsible behavior from its citizens to keep the economy running smoothly. Roughly 70 percent of the Gross Domestic Product (GDP) is fueled by consumer spending. The GDP is the current market value of all goods and services. When consumer debt exceeds an amount that government can safely liquidate, inflation occurs to bridge the gap. This process devalues the dollar and drives up market prices, making it more difficult to maintain the same standard of living over time. Americans are forced to spend less, resulting in an economic stall. Extreme cases can lead to national depressions and crises such as the housing market crash. While spending too little is never good for the economy, spending too much may be equally damaging.
When it comes to good credit, the stakes are high. Do yourself and your country a favor by taking the necessary steps to improve your life. It’s never too late to make a change.
Make no mistake-bad credit comes at a cost. Credit affects every area of your life, from your ability to buy a house to the way potential employers view your application. Those living with bad credit understand the challenges it causes, including:
- High interest rates on home mortgages, credit cards, auto loans, student loans, etc.
- Unwilling lenders/creditors
- Unmanageable debt
- High insurance premiums
- Fewer job opportunities
In addition to costing more money, bad credit limits your financial options and threatens your fiscal stability. If you’re looking to make a positive change, the time is now. National New Beginnings, our cost is $49.99 and a low monthly fee as you see the positive changes in your credit report.