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Credit Genie eradicates black marks, wrongfully listed or unlawful defaults, and court judgments from your credit file. We facilitate reliable credit repair solutions so that you can reclaim financial flexibility.
Our priority is to repair your credit score so you have access to the financing you need and deserve. Take control today with Credit Genie!
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Item
|
Duration on Credit File
|
|---|---|
|
Late Payments
|
2 Years
|
|
Defaults
|
5 Years
|
|
Court Judgments
|
5 Years
|
|
Part IX Debt Agreements
|
5 Years
|
|
Part X Debt Agreements
|
5 Years
|
|
Bankruptcy
|
5 Years (Minimum)
|
|
Credit Inquiries (from credit applications)
|
5 Years
|
Sometimes, negative credit listings can occur due to circumstances beyond your control, such as a sudden job loss, medical emergency, or unexpected expenses. Other times, they can result from poor financial habits, such as overspending, missed or late payments, defaulting on loans, or maxing out credit cards.
Regardless of the cause, negative credit listings can make it difficult to obtain credit or loans in the future, as lenders typically view individuals with bad credit as high-risk borrowers. This is because negative listings indicate that you have not been responsible with credit in the past, and therefore may not be able to meet future payment obligations.
Fortunately, there are ways to repair bad credit, such as paying off outstanding debts, correcting errors on your credit report, and making a concerted effort to make timely payments in the future. It is important to understand that repairing bad credit can take time, and there is no overnight solution. However, with patience, diligence, and the right strategies in place, it is possible to improve your credit score and regain control of your financial future.
Learn how to repair your credit, improve your credit score, budget wisely and create a more positive financial future.
