Pacific West Credit, LLC

Specialties In today's economy, a solid credit report is more important than ever and credit scores play a vital part of our everyday life. At Pacific West Credit, LLC, we feel that credit scores are the single most important 3 digit number there is when it comes to buying power. Pacific West Credit is a credit restoration company that works with you to improve your credit profile by challenging questionable, inaccurate, outdated, misleading and/or unverifiable data on consum...er credit reports. Pacific West Credit raises credit scores legally, ethically and in compliance with all state and federal laws and the credit bureaus own procedures. Most repair company's focus solely on the removal of derogatory credit, we go beyond that. Higher credit scores are the results needed, not just deletions of derogatory credit. History Established in 2014. We both started out in the real estate and mortgage industry and one of the biggest obstacles we came across with our clients was there credit scores and what was being reported on their credit reports. We worked countless hours helping our clients and their family and friends to establish a strong credit profile that we decided to make it our purpose. We've been working with people since 1998 and the rewards are amazing. Business Owner Kathryn Tapie Born in the Bronx in New York, married to my husband for 21 years and have a beautiful daughter. I have a strong background in sales with companies such as Nordstrom Specialty Stores where I was a manager and buyer for 10 years and Hooked on Phonics where I was a Sales Director in the school and retail division. I've had a successful career in Real Estate for the past 18 years and believe in being honest and faithful to my clients and as a result have a strong customer following.

Did you know collection companies can now use the facebook platform to find you and collect debt? This is a very interesting and informative read. https://www.consumerreports.org//debt-collectors-will-be-/

I'm such a geek when it comes to credit. Did you know that over 7 out of 10 credit reports have errors according to the Public Interest Research Group? Did you know that 79% of credit reports have errors and of those reports, 25% have errors that could result in someone being turned down for a loan. Including trying to qualify for a new home loan. That's so wild.

So apparently I haven't been using my Capital One card enough so they lowered my spending limit from $20,000.00 to $5000.00 and I've never had a single late payment on any credit card, ever. They told me because I have kept very low balances for the past year they feel $5000.00 is more than a sufficient limit. I've also had a couple of our credit repair clients tell me the same thing happened to them. This hurts credit scores because it changes your credit utilization. I haven't heard of creditors lowering limits with a perfect paying history since 2008.

I've talked to (2) different people today who were on auto pay with a credit card and are having late payments reported. When you opt to use auto pay (which is great) be sure to select the "minimum payment" or "pay in full" options. Both these people had a set up their auto pay with a set amount and the actual payment was higher than the amount they chose and they came up as late on their credit reports for not paying the minimum payment. Ouch. One of them was dinged 80 points for just one 30 day late.

It's been a while since I've posted anything about credit. With that said we are busier than ever and we will get through all that's being thrown our way. Rates are super low if your're thinking of buying a home and having a strong credit score will assure you getting the best rates. Remember, you have to be ready to buy when the opportunity presents itself and damaged credit won't fix itself. Call for a free consultation, 714-941-6656

Does it really make sense to repair my credit? Your credit score is far from just an obscure number on a few pieces of paper it dictates what you’ll pay, how much, and to whom in many aspects of your life. Of course, we know that your credit card interest rates will be higher if you have a poor credit score, but you’ll also end up spending more on insurance (depending on the state you live in), auto loans, a mortgage or rent, and even can dictate what kind of job you’re hired for. Add it all up, and even a little monthly saving goes a long way over time, and by repairing your credit to the point where you have an above-average or even great score, you’ll start saving immediately and for as long as you maintain it.

Can you try to repair your own credit? Yes. Anyone can work to improve their credit, including disputing items with the credit bureaus. However, there is no benefit to just trying, and most consumers don’t have the time, knowledge, experience, or resources to see it through to the end. Therefore, we are still a best option for people who want to see a significant credit score increase. What can be done if all the negative items on my credit are accurate?... Some clients are facing a credit history filled with late payments, collections, and other blemishes. They’re ready to get started with us to rebuild and improve their score but are worried since all of those negative items are accurate! Fear not, as there are still plenty of opportunities to leverage consumer protection and credit laws, amending your credit report and improving your score. In fact, lenders and credit reporting agencies have to follow the same guidelines and laws whether items we dispute are accurate or not. If we look at your credit report during our risk free initial consultation and deem that we won’t be able to help you, we’ll be the first ones to tell you that.

I had a question from a client about Student Loans and when they expire..... They expire when you pay them off. The "Statute of Limitations" clause that every state has when it comes to creditors doesn't apply to student loans. Unpaid student loans can be collected on up until the day the person (or people) who is on the loan pass away.

Let's Talk Credit Why is credit repair important? Just about everything is tied to your credit score these days, from the rates and payments you make on credit cards, auto loans, and other loans, to insurance, utilities, cell phone accounts, and even renting a home. Therefore, you can’t afford NOT to have a good credit score if you want to save money and finally break free of financial struggles. When should I expect to see results?... Of course, you want to know when you’ll start seeing results as we work to repair your credit. Each case is a little different, and a lot of the answer depends on the timelines and responses of your individual creditors. But the vast majority of our customers see significant results within a few months or even less. In fact, our average client sees 5.9 of their negative items removed from their credit report in just 90 days! See more

Last 2 items on How To Maintain A Healthy Credit Score During A Crisis 6. Check Your Credit Report Regularly. You can get 1 free credit report from each of the credit bureaus, Equifax, TransUnion & Experian once a year. We suggest pulling one every 4 months and rotate them or sign up for a credit monitoring service. Monitoring service companies are not expensive and you are entitled to a free report every 30 days. In addition you can have them monitor your credit cards fo...r fraud or when someone is trying to use your credit to open accounts and purchase homes, cars and personal loans. 7. Consider credit counseling. If you just can't get a grip on your credit and are having trouble with budgeting and planning you may want to talk to an expert. To find an expert in your area do a search for credit counselors and be sure to read the reviews. We will get through this but you want to be on the right side of your credit when we do. Below is a graph of how credit factors work with your credit scores. For more information please feel free to reach us @ 714-331-1454.

Continuing The 7 Ways To Maintain Your Credit Score During Challenging Times 4. Have you contacted your lenders yet. We get calls all the time about how to avoid late payments from showing up on your credit report because you couldn't make your mortgage, auto or credit card payment. Contact your lending institutions right away. Don't just not make the payment without talking to them about a new due date, minimum amount or any other arrangements. You want to avoid at all c...ost having late payments show up on your credit. Especially with credit cards. Those are extremely damaging to your credit score. 5. You might want to look at a balance transfer to consolidate your debt with a lower interest rate. You would be surprised how many creditors are willing to lower your interest rate, especially if you already have good credit. Call your creditors today to inquire if you are a candidate for this option. Also, always/always/always get everything in writing.

Do you know the credit score ranges for the 3 bureaus. They are not all the same. Equifax ranges from a low of 334 to a high of 818 Experian ranges from a low of 320 to a high of 844 TransUnion ranges from a low of 309 to a high of 839... Watch your scores as you are more likely to be offered the better credit terms from buying a home, auto and interest rates on your credit cards.

Lets review those 7 steps to maintaining a healthy credit score during these difficult times. 1. Look at Your Budget and Prioritize Your Bills: To maintain your credit score you need to continue making your most important payments on time. This means, during this time any nonessential spending will have to stop. Begin by looking at your monthly budget and if you aren't sure how to start, your priorities should be food & housing first, then transportation & ...utilities. Once you have determined your "essential priorities" start to eliminate the "non-essential" things like, subscriptions or memberships that are not essential, look at cheaper service providers and take advantage of coupons, rebates and discounts for groceries and other essential shopping. 2. Make a Plan and Stick with it: Following a budget and keeping track of spending are two great ways to avoid overspending and make sure you stick to your plan. Small changes in your spending habits and watching your money closely will take the stress off during a crisis. 3. Make On Time Minimum Payments: Don't worry about paying extra on your revolving accounts, save your money and make larger payments when the crisis is over. "Don't Be Late". Late payments on a credit card or "revolving" account can follow you for 7 years. Just one 30 day late on a credit card will lower your score an average of 60 points. Minimum payments should be a top priority. I'll cover more topics with my next post.

Did you know over 100 million Americans have low credit scores? Let us help you with that!Did you know over 100 million Americans have low credit scores? Let us help you with that!

How To Maintain A Healthy Credit Score During A Crisis Your payment history and amount owed are the key factors that account for around two-thirds of your credit score. If you can continue paying bills on time each month, you’ll be protecting 35% of that score. Another 30% comes from the amount of available credit you’re using. Keeping those factors in mind, follow these seven tips to maintain a healthy credit score during a time of financial turbulence:... 1. Plan a Budget and Prioritize Your Bills 2. Stick to the Plan 3. Make at Least the Minimum Payments on Time 4. Contact Your Lenders. They Are Working Out Plans For Their Customers 5. Check Into Balance Transfers 6. Check Your Bank Accounts & Credit Report Regularly 7. Think About Credit Counseling In my next Posts I'll elaborate on these 7 topics